Daily Pivots: (S1) 184.63; (P) 185.05; (R1) 185.44; More… A temporary top is in place at 185.94 and intraday bias in GBP/JPY is turned neutral first. Further rally is expected as long as 182.71 support holds. Above 185.94 will resume the rebound from 178.02 to retest 186.76 resistance first. Decisive break there will resume larger […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week saw the commencement of large wartime impacts on volatility. With the FOMC coming up, it’s not easy Read more…
Gold (XAU/USD) is under pressure, sliding this week as its safe haven appeal was overshadowed by a strengthening US dollar. Rate cut bets were slashed significantly due to fears over the Middle East conflict’s impact Read more…
Canadian Highlights Canada’s labour market weakness continued in February, with losses concentrated in full-time and private sector jobs. The unemployment rate rose to 6.7%. Canada’s trade deficit widened substantially in January, and we expect trade Read more…