The Euro slows speed of recovery ahead of today’s release of German inflation report for March, which is expected to generate fresh signals. Wednesday’s Doji candle signaled indecision after recovery in past two days retraced over 61.8% of last week’s pullback. Near-term structure remains bullish overall, but loss of positive momentum temporarily halted recovery rally, […]
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Daily Pivots: (S1) 195.79; (P) 196.55; (R1) 197.34; More… Intraday bias in GBP/JPY remains neutral at this point. As noted before, corrective pattern from 180.00 is extending with another rising leg. Further rise is expected Read more…
Daily Pivots: (S1) 162.42; (P) 163.04; (R1) 163.73; More… Intraday bias in EUR/JPY stays on the upside for the moment. Corrective pattern from 154.04 is extending with another rising leg. Further rise should be seen Read more…
Daily Pivots: (S1) 0.8276; (P) 0.8294; (R1) 0.8318; More… Intraday bias in EUR/GBP stays neutral for the moment and more consolidations would be seen.. On the upside, break of 0.8326 resistance will indicate short term Read more…