AUDJPY: ⬇️ Sell AUDJPY reversed from resistance area Likely to fall to support level 93.20 AUDJPY currency pair recently reversed from the resistance area between the key resistance level 95.30 (former monthly high from March), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse wave (C) from November. The downward reversal […]
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In focus today In the US, a range of data is due for release in the afternoon. April retail sales will provide the first hard data evidence on how consumer behaviour has reacted to higher Read more…
Markets There were very few eco data to guide global trading yesterday. (US) equities took a breather. Details on US trade agreements with the likes China and the UK still have to be hammered out. Read more…
Daily Pivots: (S1) 193.79; (P) 195.10; (R1) 195.96; More… GBP/JPY retreated after failing to sustain above 195.95 resistance and intraday bias is turned neutral first. Another rally is in favor as long as 190.22 support Read more…