Daily Pivots: (S1) 1.2206; (P) 1.2253; (R1) 1.2336; More… Intraday bias in GBP/USD stays on the upside at this point. Rise from 1.1840 is in progress for retesting 1.2445 high. Firm break there will resume Read more…
Daily Pivots: (S1) 0.9181; (P) 0.9228; (R1) 0.9269; More… USD/CHF is still bounded in range of 0.9165/9407 and intraday bias stays neutral. Also, outlook remains bearish as long as 0.9407 resistance holds. Break of 0.9165 Read more…
Daily Pivots: (S1) 127.71; (P) 128.44; (R1) 128.88; More… USD/JPY rebounds notably but there is no confirmation of reversal yet. Intraday bias remains neutral first. On the upside, firm break of 133.61 support turned resistance Read more…
Yen falls broadly after BoJ defied some speculations and kept yield cap unchanged today. The announcement also sent Nikkei sharply higher while shot 10-year JGB yield down. Nevertheless, it’s still a bit early to confirm Read more…
BoJ kept the yield curve control unchanged today, disappointing some who bet for a tweak. Short term policy interest rate is held at -0.10%. The central will continue to purchase JGBs, without setting an upper Read more…
Richmond Fed President Thomas Barkin told Fox Business yesterday that recent inflation reports have been encourage. But the median CPI is “still too high” and, “you just can’t declare victory too soon.” “I would want Read more…
Australia’s employment report for August is scheduled to be released on Thursday at 01:30 GMT, and it is believed that these data will attract some interest. Ahead of the data, the Australian dollar fell near $0.6900 after a significant Read more…
Key Highlights Gold price started a fresh increase above the $1,900 resistance. A key bullish trend line is forming with support near $1,875 on the 4-hours chart. EUR/USD is consolidating gains above the 1.0780 support. Read more…
Silver reversed from resistance level 24.15 Likely to fall to support level 23.00 Silver recently reversed down from the key resistance level 24.15 (which has been reversing the pair from the start of December), intersecting Read more…
EURCAD reversed from key resistance level 1.4585 Likely to fall to support level 1.4400 EURCAD recently reversed down from the key resistance level 1.4585 (which has been repeatedly reversing the pair from the end of Read more…