USDJPY: ⬆️ Buy – USDJPY reversed from pivotal support level 160.50 – Likely to rise to resistance level 163.00 USDJPY currency pair recently reversed from the support area zone between the pivotal support level 160.50 (former monthly high from March and April), 38.2% Fibonacci correction of the upward impulse from March and the support trendline […]
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Sterling’s rally has been about more than better sentiment toward the UK. It has been driven by the disappearance of one of the market’s biggest bearish trades. As political uncertainty faded following the resolution of Read more…
Key Highlights GBP/USD started a recovery wave and surpassed the 1.3320 resistance. A key contracting triangle is forming with support at 1.3290 on the 4-hour chart. EUR/USD struggled to extend its recovery wave above the Read more…