USD/JPY continues to gain ground USD/JPY is almost unchanged today but hit a milestone in the Asian session as it briefly darted above the 150 line, which has psychological significance. This marked the yen’s lowest level since August 1990 as the currency continues to slide. The yen hasn’t recorded a winning session since October 4th […]
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Daily Pivots: (S1) 1.3295; (P) 1.3382; (R1) 1.3517; More… GBP/USD rebounded strongly but stays below 1.3482 resistance. Intraday bias remains neutral first. Further decline is still in favor. Below 1.3216 will resume the fall from Read more…
Markets remain firmly in risk-off mode, with US equities extending their selloff overnight and Asian markets staying under pressure. The backdrop continues to be dominated by conflicts in the Middle East, with energy markets at Read more…
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