Daily Pivots: (S1) 128.60; (P) 128.92; (R1) 129.24; More…. Intraday bias in EUR/JPY remains neutral for some consolidations above 128.23 temporary low. Outlook is unchanged that consolidation pattern from 134.11 is extending with another falling leg. Further decline is expected as long as 129.76 resistance holds. Below 128.23 will target 127.36, and possibly further to […]
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Media release The Monetary Policy Committee today agreed to reduce the Official Cash Rate by 50 basis points to 4.25 percent. Annual consumer price inflation has declined and is now close to the midpoint of Read more…
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Key Highlights WTI Crude Oil prices are struggling to clear the $71.20 resistance zone. A connecting bearish trend line is forming with resistance at $70.90 on the 4-hour chart. Bitcoin corrected gains and traded below Read more…