Daily Pivots: (S1) 161.01; (P) 161.91; (R1) 162.52; More… Range trading continues in EUR/JPY and intraday bias stays neutral. On the upside, above 164.16 will resume the rally from 154.77 to 164.89 resistance, and then 166.67. However, decisive break of 158.27 support will bring deeper decline back to 154.77 support. Overall, sideway consolidation pattern from […]
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Markets Fed Chair Powell sent a clear signal to markets in a keynote speech for the Economic Club of Chicago. He started by pointing out that the level of the tariff increases announced so far Read more…
Daily Pivots: (S1) 1.1314; (P) 1.1363; (R1) 1.1449; More… Intraday bias in EUR/USD remains neutral for the moment. Consolidation from 1.1472 is still in progress and deeper retreat cannot be ruled out. But downside should Read more…
Daily Pivots: (S1) 141.25; (P) 142.30; (R1) 142.95; More… Intraday bias in USD/JPY is back on the downside with breach of 142.05 temporary low. Current fall from 158.86 should extend to 139.57 support. On the Read more…