USDJPY keeps firm tone at the beginning of the week, as hawkish tones from Fed Chair Powell on Friday, offered additional support to dollar. Faded threats of Japan’s intervention to support yen, expected on breach Read more…
Daily Pivots: (S1) 183.55; (P) 183.98; (R1) 184.60; More… Intraday bias in GBP/JPY remains neutral for the moment. Risk will stays on the downside as long as 186.75 resistance holds. Break of 183.35 will resume Read more…
Daily Pivots: (S1) 183.55; (P) 183.98; (R1) 184.60; More… Intraday bias in GBP/JPY remains neutral for the moment. Risk will stays on the downside as long as 186.75 resistance holds. Break of 183.35 will resume Read more…
Daily Pivots: (S1) 145.89; (P) 146.26; (R1) 146.79; More… Intraday bias in USD/JPY remains mildly on the upside for the moment. Sustained break of 61.8% projection of 129.62 to 145.06 from 137.22 at 146.76 will Read more…
The Federal Reserve (Fed) Chair Jerome Powell’s Jackson Hole speech was boring, wasn’t it? Powell repeated that inflation risks remain to the upside despite recent easing and pointed at resilient US growth and tight US Read more…
DXY: The DXY (U.S. Dollar Index) chart currently exhibits a bullish momentum. This suggests the possibility that the price could continue its bullish trajectory, aiming towards the first resistance level. The first support for the Read more…
DXY: The DXY (U.S. Dollar Index) chart currently exhibits a bullish momentum. This suggests the possibility that the price could continue its bullish trajectory, aiming towards the first resistance level. The first support for the Read more…
In the face of mounting economic uncertainties, BoJ Governor Kazuo Ueda provided insights on Japan’s monetary stance and the regional economic dynamics. Bank of Japan, despite witnessing annual inflation of 3.1% in July, anticipates softening Read more…