Daily Pivots: (S1) 147.59; (P) 148.23; (R1) 149.39; More… Intraday bias in USD/JPY stays on the upside for the moment. Current up trend would target 61.8% projection of 130.38 to 140.33 from 145.89 at 149.91. Beware that Japan might intervene again there close to 150 psychological level. Nevertheless, break of 145.89 resistance turned support is […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…