Daily Pivots: (S1) 204.18; (P) 204.53; (R1) 205.17; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Current up trend should target 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 203.87 minor support will turn intraday bias neutral and bring consolidations. But outlook will remain […]
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Markets The PMI’s on Friday again highlighted the divergence in growth and confidence between the US and EMU. The glimmers of hope some optimists saw in the October EMU PMI reading where brutally rejected by Read more…
Daily Pivots: (S1) 192.90; (P) 193.85; (R1) 194.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Current development suggests that corrective rise from 180.00 has completed with three waves up to Read more…
Daily Pivots: (S1) 159.94; (P) 161.21; (R1) 162.53; More…. Intraday bias in EUR/JPY remains on the downside for the moment. Current development suggests that corrective rebound from 154.40 has completed with three waves up to Read more…