The Japanese yen has started the week with sharp losses, with USD/JPY rising as high as 139.00 earlier today. In the European session, USD/JPY is trading at 138.52, up 0.75%. The month of August can’t end soon enough for the yen, as USD/JPY has climbed 4.0%. The yen fell 0.78% on Friday, as Fed Chair […]
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Daily Pivots: (S1) 1.6576; (P) 1.6613; (R1) 1.6668; More… EUR/AUD’s breach of 1.6631 resistance suggests that consolidation from 1.6800 has completed at 1.6355 already. Intraday bias is back on the upside for retesting 1.6800 resistance. Read more…
Daily Pivots: (S1) 0.9367; (P) 0.9384; (R1) 0.9397; More…. No change in EUR/CHF’s outlook as range trading continues inside 0.9359/9516. Intraday bias remains neutral. On the downside, firm break of 0.9359 will revive the case Read more…
Daily Pivots: (S1) 1.4297; (P) 1.4333; (R1) 1.4372; More… Intraday bias in USD/CAD remains neutral, with focus on 1.4378 resistance. Firm break there will suggest that the correction from 1.4791 has completed, and turn bias Read more…