Daily Pivots: (S1) 1.0876; (P) 1.0986; (R1) 1.1057; More… Intraday bias in EUR/USD stays neutral as consolidations continue below 1.1145. In case of deeper retreat, downside should be contained by 38.2% retracement of 1.0176 to 1.1145 at 1.0775. On the upside, above 1.1145 will resume the rally from 1.0176 to 1.1213/74 key resistance zone next. […]
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The EURUSD currency pair is showing strong signs of continuing its upward trend, based on Elliott Wave analysis. Since its low on September 26, 2022, the pair has been climbing. However, it hasn’t yet hit Read more…
Key Highlights USD/JPY started a fresh decline below the 145.00 level. A short-term contracting triangle is forming with resistance at 143.10 on the 4-hour chart. EUR/USD could aim for a move above the 1.1420 resistance Read more…
Japan’s CPI core (excluding fresh food) accelerated from 3.0% yoy to 3.2% yoy in March, matching expectations, and marking the third consecutive year it has remained above BoJ’s 2% target. CPI core-core, which strips out Read more…