EUR/JPY’s retreat from 178.80 extended lower last week but recovered after hitting 175.67. Initial bias stays neutral this week and risk will remain mildly on the downside as long as 178.80 resistance holds. Break of 175.67 will target 55 D EMA (now at 175.00). Considering bearish divergence condition in D MACD, sustained break of 55 […]
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Daily Pivots: (S1) 1.1373; (P) 1.1452; (R1) 1.1494; More…. Intraday bias in EUR/USD stays on the downside as fall from 1.2081 is in progress. Deeper decline should be seen to 38.2% retracement of 1.0176 to Read more…
Daily Pivots: (S1) 159.23; (P) 159.49; (R1) 160.00; More… USD/JPY is losing some momentum but further rise is in favor as long as 158.55 minor support holds. Rally 152.25 would target a retest on 161.94 Read more…
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