Daily Pivots: (S1) 162.15; (P) 163.02; (R1) 163.48; More… Intraday bias in EUR/JPY remains neutral at this point, and some more consolidations could be seen. But further rally is expected as long as 161.68 support holds. Above 164.61 will resume the rise from 154.77 to 100% projection of 154.77 to 164.16 from 158.27 at 167.66. […]
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GBPUSD sends mixed signals near key support area of 1.3250. Bulls need a decisive close above 1.3285. GBPUSD seems to have ended Monday’s session with an inverted hammer candlestick – a potential sign of a Read more…
Eurozone PPI fell -1.6% mom in March, dragged down by a steep -5.8% mom drop in energy costs. Excluding energy, however, PPI ticked up 0.1% mom. Annually, PPI stood at 1.9% yoy, down from prior Read more…
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