Daily Pivots: (S1) 160.77; (P) 161.45; (R1) 162.16; More… Intraday bias in EUR/JPY remains neutral for consolidations below 164.16. Further rally remains in favor as long as 160.02 support holds. Above 164.16 will target 164.89 and then 166.67. On the downside, however, break of 160.02 will argue that rise from 154.77 has completed and turn […]
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EUR/USD pulls back ahead of April 2 tariffs. Support at 1.0765; mixed technical signals. Bearish confirmation below 1.0565. EURUSD has extended its retreat from the five-month high of 1.0953, trading lower for the second consecutive Read more…
Cable fell to two-week low on Wednesday on softer than expected UK February inflation data that fuel expectations for BoE rate cut in May. Fresh weakness pressure support at 1.2883 (20DMA / last Friday’s low) Read more…
Today, the latest UK Consumer Price Index (CPI) figures were released. According to ForexFactory: The actual annual CPI came in at 2.8%, Analysts had expected it to remain at the previous level of 3.0%. As Read more…