Daily Pivots: (S1) 136.19; (P) 137.29; (R1) 137.97; More…. Intraday bias in EUR/JPY is turned neutral with current retreat. On the upside, break of 138.38, and sustained trading above 55 day EMA (now at 138.44) will suggest that whole correction from 144.26 has completed. Further rally would then be seen back to retest 144.26 high. […]
The post EUR/JPY Daily Outlook appeared first on Action Forex.
Markets Core bonds continue to feel the heat as the Brent crude price cruises above the $100/b mark. Again despite all efforts to lower them. The latest initiative came from the US Treasury which said Read more…
UK economic growth stalled at the start of the year, with GDP showing no expansion in January, falling short of expectations for a modest 0.2% mom rise. Sector data showed a mixed picture beneath the Read more…
We’re coming toward the end of the second trading week since the US-Israel joint attack on Iran caused major damage to both sides’ oil facilities and disrupted trade through the Strait of Hormuz — where Read more…