Daily Pivots: (S1) 141.66; (P) 142.72; (R1) 143.52; More…. Intraday bias in EUR/JPY remains on the upside as fall from 148.38 is in progress. Next target is 61.8% retracement of 133.38 to 148.38 at 139.11. Read more…
Daily Pivots: (S1) 0.8543; (P) 0.8592; (R1) 0.8638; More… Intraday bias in EUR/GBP is back on the downside with break of 0.8570 temporary low. Fall from 0.9267 is resuming and should target 0.8338 support next. Read more…
Daily Pivots: (S1) 1.5333; (P) 1.5394; (R1) 1.5513; More… EUR/AUD is still extending the consolidation pattern from 1.5704 and intraday bias remains neutral. Downside should be contained by 55 day EMA (now at 1.5320) to Read more…
Daily Pivots: (S1) 0.9827; (P) 0.9857; (R1) 0.9893; More…. Intraday bias in EUR/CHF stays neutral as consolidation pattern from 0.9953 is still extending. On the upside, firm break of 0.9953 resistance will resume larger rally Read more…
Daily Pivots: (S1) 1.3395; (P) 1.3433; (R1) 1.3470; More…. Intraday bias in USD/CAD stays neutral at this point. On the upside, break of 1.3644 resistance will affirm the case that correction from 1.3976 has completed Read more…
Daily Pivots: (S1) 134.34; (P) 136.22; (R1) 137.24; More… Intraday bias in USD/JPY remains on the downside as fall from 151.94 is in progress. Next target is 133.07 medium term fibonacci level. Some support could Read more…
Yen is apparently the biggest winner against the broadly pressured Dollar. Steep declines in US and European benchmark yield gave the Japanese currency much support. Euro is currently the better performer among European majors. Canadian Read more…
US non-farm payroll report is a major focus for today. Markets are expecting 200k job growth in the US in November. Unemployment rate is expected to be unchanged at 3.7%. Average hourly earnings is expected Read more…
USD/JPY: The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the price is under the Ichimoku cloud which indicates a bearish market. If the bearish momentum continues, Read more…
BoJ board member Naoki Tamura told Asahi daily that a review of monetary framework should be conducted by the central bank. Such review could come “soon or at a somewhat later date”. “Whether the BOJ needs Read more…