Daily Pivots: (S1) 1.2729; (P) 1.2775; (R1) 1.2864; More… Intraday bias in USD/CAD remains neutral as range trading continues. On the upside, break of 1.2876 will resume the rally from 1.2448 to 1.2963 resistance. On the downside, break of 1.2586 will target 1.2448 support instead. In the bigger picture, focus stays on 38.2% retracement of […]
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USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange Read more…
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The short-term Elliott Wave outlook for USDJPY indicates that the cycle from the January 28, 2026 low remains in progress, unfolding as an impulsive structure. From that low, wave (1) concluded at 157.72, followed by Read more…