Daily Pivots: (S1) 188.83; (P) 189.57; (R1) 190.86; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, firm break of 190.06 resistance will extend the rebound from 184.35 to 195.95. Nevertheless, on the downside, break of 184.35 will target 180.00 low instead. In the bigger picture, price actions from 208.09 are […]
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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…