Daily Pivots: (S1) 0.8518; (P) 0.8551; (R1) 0.8570; More… Outlook in EUR/GBP is unchanged and intraday bias stays neutral. More consolidations could be seen below 0.8737 short term top. Further rise is expected as long as 0.8518 support holds. On the upside, break of 0.8737 will resume the larger rally from 0.8221. However, sustained break […]
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USDJPY pauses meltdown near 2023–2024 base. Bulls act but stronger efforts are needed above 144.20. USDJPY rebounded just above September’s low of 139.56, climbing as high as 143.56 on Wednesday. Having formed two strong bullish Read more…
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Germany’s Ifo Business Climate Index edged higher in April, rising from 86.7 to 86.9 and beating market expectations of 85.2. Current Assessment Index climbed to 86.4 from 85.7. Expectations, while slightly lower at 87.4 compared Read more…