Daily Pivots: (S1) 142.66; (P) 143.47; (R1) 144.07; More…. Range trading continues in EUR/JPY and intraday bias stays neutral. On the upside, decisive break of 144.23 will resume larger up trend. On the downside, below 141.39 minor support will bring deeper fall, to extend the corrective pattern from 144.23. In the bigger picture, up trend […]
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In an interview with Helsingin Sanomat, ECB Vice President Luis de Guindos acknowledged the shifting priorities of the ECB as inflation continues to decline. Inflation is expected to return to the medium-term target of 2% Read more…
Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…
Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. Further decline is expected in EUR/JPY with 163.19 support turned resistance intact. Corrective rebound from 154.40 could have completed with three waves up to 166.67. Deeper Read more…