Range trading continues in GBP/JPY and intraday bias remains neutral. On the downside, break of 208.34 support will extend the larger decline through 206.85 to 206.10 key fibonacci level. On the upside, above 211.96 will resume the rebound from 206.85. In the bigger picture, price action from 219.56 is seen as correcting the up trend […]
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Hawkish Fed repricing is pushing US yields sharply higher, but Japan’s intervention threat is holding USD/JPY back as it nears 160. A decisive break above 159.02 would strengthen the bullish case, yet the path higher Read more…
Key Highlights WTI Crude Oil started a fresh decline below $92.00 and $90.00. A bearish trend line is forming with resistance at $87.50 on the 4-hour chart of XTI/USD. Gold prices started a consolidation phase Read more…