Daily Pivots: (S1) 142.07; (P) 142.82; (R1) 144.19; More… Intraday bias in USD/JPY stays on the upside as rebound from 139.87 short term bottom would extend higher. But overall risk will stay on the downside as long as 38.2% retracement of 158.86 to 139.87 at 147.12 holds. On the downside, decisive break of 139.26 will […]
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As the charts show, the USD/CHF exchange rate fell below 0.810 US dollars per franc earlier this week. The pair had not traded this low since the 2008 financial crisis. Demand for the Swiss franc Read more…
EURUSD rose in early Thursday’s trading signaling that larger bulls regained traction after two-day pullback from new four -year high (1.1573) found footstep at 1.1300 zone. Near-term bias is expected to remain firmly bullish while Read more…