The currency market has moved little over the past week, waiting for significant drivers. The Easter lull is likely to end today, as inflation data and the Fed’s March meeting minutes are expected to be released. US inflation reports have moved markets more than NFP in recent months and have often been a bellwether for […]
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Daily Pivots: (S1) 1.0363; (P) 1.0415; (R1) 1.0445; More… No change in EUR/USD’s outlook and intraday bias stays neutral at this point. On the downside, break of 1.0371 support will indicate rejection by 38.2% retracement Read more…
Daily Pivots: (S1) 1.2391; (P) 1.2434; (R1) 1.2459; More… Intraday bias in GBP/USD remains neutral for the moment. Rebound from 1.2099 is seen as a corrective move. While another rise cannot be ruled out, strong Read more…
Daily Pivots: (S1) 153.59; (P) 154.48; (R1) 155.16; More… USD/JPY is staying in range above 153.70 and intraday bias remains neutral. On the downside, firm break of 153.70 will resume the fall from 158.86 to Read more…