Daily Pivots: (S1) 1.0411; (P) 1.0447; (R1) 1.0467; More…. Intraday bias in EUR/CHF remains mildly on the downside at this point. Rebound form 1.0298 could have completed at 1.0610 already, after rejection by 38.2% retracement of 1.1149 to 1.0298 at 1.0623. Deeper fall would be seen for retesting 1.0298 low. On the upside, above 1.0480 […]
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Daily Pivots: (S1) 159.12; (P) 159.39; (R1) 159.68; More… USD/JPY weakens slightly today but overall outlook is unchanged. Consolidations from 160.45 is still extending and intraday bias remains neutral. Further rise is expected with 157.49 Read more…
Yen strengthened broadly after the Bank of Japan’s hawkish hold, but gains are likely to be short-lived as markets question how far tightening can go. While the shift reinforces expectations for a near-term rate hike, Read more…
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