Daily Pivots: (S1) 181.85; (P) 182.75; (R1) 183.26; More… Immediate focus is now on 182.00 support in EUR/JPY with today’s decline. Firm break there will resume the fall from 184.75 to retest 180.78 low. Decisive break there will indicate that fall from 186.86 is already correcting whole up rise from 154.77, and solidify the near […]
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We expect the Federal Reserve to keep its monetary policy unchanged at the March meeting, in line with consensus and market pricing. Powell will avoid giving firm forward guidance regarding the Fed’s reaction to the Read more…
EUR/USD halts sharp pullback, rebounding from July lows. But momentum signals and ‘death cross’ keep bearish bias intact. EUR/USD pares losses at a seven-and-a-half-month low near 1.1450 EUR/USD is attempting to recover some lost ground Read more…
EUR/USD is recovering losses from 1.1500. USD/JPY is correcting gains from 159.00 and might decline further if it stays below 158.30. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro struggled to stay in Read more…