GBPJPY reversed from support area Likely to rise to resistance level 163.00 GBPJPY currency pair recently reversed up from the support area located between the major support level 160.25 (which has been reversing the pair Read more…
CHFJPY reversed from resistance zone Likely to fall to support level 144.00 CHFJPY recently reversed down sharply from the resistance zone located between the round resistance level 150.00 (which formed the daily Evening Start patter Read more…
After reaching 145.90 on the back of inaction by the Bank of Japan, the USD/JPY then plunged to as low as 140.70 as news broke that the Japanese government had intervened to stem the drop Read more…
Target plans to hire around 100,000 seasonal employees, more than double that of rival Walmart. Target Corp. (TGT) – Get Target Corporation Report said Thursday that it will hire around 100,000 employees to support its holiday Read more…
The dollar had its biggest one-day move against the yen in more than two years Thursday as Japan moved to strengthen its currency through direct foreign exchange market intervention. The Bank of Japan directly intervened Read more…
Market picture Bitcoin is losing 2% over the past 24 hours, hovering near $18.7K at the time of writing. Attempts at intraday gains have been shattered by the adverse market reaction following the Fed’s forecasts Read more…
Stock futures bounce in wake of hawkish Fed; Japan supports yen in first currency intervention since 1998; JPMorgan CEO calls bitcoin ‘decentralized Ponzi scheme’; Lennar shares gain as home prices boost bottom line and Costco Read more…
GBPJPY rotated from a flash drop to a two-week low of 161.44 early on Thursday, hoping for a close above the March support trendline at 162.25 ahead of the Bank of England’s rate decision. Despite today’s Read more…
The USD is strong across the board after FED raised rates by 75bp yesterday, while stocks turned down. We see USD at new highs vs plenty of currencies, including JPY after no change from the Read more…
Daily Pivots: (S1) 161.76; (P) 162.86; (R1) 163.47; More… Intraday bias in GBP/JPY remains on the downside as fall from 169.10 accelerates lower. Break of 159.42 support will be an early sign of larger reversal, Read more…