Daily Pivots: (S1) 149.15; (P) 149.54; (R1) 150.23; More…. EUR/JPY’s rebound from 146.12 is still in progress. Further rise could be seen for retesting 151.60 high. Decisive break there will resume larger up trend. On Read more…
DXY: The DXY is currently showing a bullish trend, with the price movement in a bullish ascending channel contributing to this momentum. The price could potentially continue its upward movement towards the first resistance level. Read more…
Daily Pivots: (S1) 137.83; (P) 138.26; (R1) 139.02; More… USD/JPY’s rally is trying to resume with breach of 138.73 temporary top and intraday bias is back on the upside. Current rally from 127.20 should target Read more…
Daily Pivots: (S1) 137.83; (P) 138.26; (R1) 139.02; More… USD/JPY’s rally is trying to resume with breach of 138.73 temporary top and intraday bias is back on the upside. Current rally from 127.20 should target Read more…
Japan PMI Manufacturing rose from 49.5 to 50.8 in April, signalling the first improvement in operating conditions since October 2022. PMI Manufacturing Output rose from 47.9 to 51.9. PMI Services rose from 55.4 to 56.3. Read more…
ECB Governing Council member Francois Villeroy de Galhau reiterated that the central bank’s policy rate is expected to reach its peak “not later than by summer”. He hinted at the possibility of either rate hikes Read more…
ECB Governing Council member Francois Villeroy de Galhau reiterated that the central bank’s policy rate is expected to reach its peak “not later than by summer”. He hinted at the possibility of either rate hikes Read more…