Daily Pivots: (S1) 127.13; (P) 129.35; (R1) 131.14; More… USD/JPY is staying in range above 127.20 and intraday bias remains neutral. Outlook remains bearish with 133.61 support turned resistance intact. Break of 127.20 will resume larger fall from 151.93 to 121.43 fibonacci level next. On the upside, though, firm break of 133.61 will indicate short […]
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GBP/USD is holding near 1.3315 on Tuesday. The pound posted a modest gain the previous day but remains close to three-month lows amid ongoing uncertainty over the impact of the Middle East conflict on the Read more…
Markets More than two weeks after the start of the military action of the US and Israel against Iran, markets yesterday apparently reached a Short term evaluation point. After adapting towards stagflationary risk due to Read more…