Recent price action on USD/CAD suggests an important swing low may have already been seen. Asian Indices: Australia’s ASX 200 index fell by -36.6 points (-0.49%) and currently trades at 7,491.30 Japan’s Nikkei 225 index has fallen by -409.34 points (-1.47%) and currently trades at 27,378.64 Hong Kong’s Hang Seng index has fallen by -306.67 […]
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Daily Pivots: (S1) 191.63; (P) 192.85; (R1) 193.67; More… GBP/JPY’s fall from 199.79 continues today and intraday bias stays on the downside. As noted before, corrective rise from 180.00 could have completed with three waves Read more…
Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. EUR/JPY’s fall from 166.67 continues today and intraday bias stays on the downside. As noted before, corrective rebound from 154.40 could have completed with three waves Read more…
Kiwi rebounded broadly during Asian session, supported by a less dovish-than-expected rate cut from RBNZ. While the 50bps reduction to 4.25% had been widely anticipated, RBNZ’s updated forecasts, which suggest a slower pace of easing Read more…