Daily Pivots: (S1) 188.07; (P) 188.99; (R1) 190.74; More… GBP/JPY’s rebound extended higher today and intraday bias is turned neutral first. On the downside, break of 187.04 will resume the fall from 198.94 to 100% projection of 198.94 to 189.31 from 194.73 at 185.10. However, firm break of 194.73 resistance will suggest that the decline […]
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USD/JPY starts a new bullish cycle ahead of US CPI data. Key resistance near 154.30. Will the bulls retain their power? USDJPY drifted up to 153.72 after confirming a bullish morning star candlestick pattern above Read more…
GBP/USD started a fresh increase above the 1.2400 zone. USD/CAD declined and now consolidates below the 1.4360 level. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound is eyeing more gains above the Read more…
As shown on the USD/JPY chart, today the exchange rate aggressively surged above the 153 yen per US dollar level. This marks a strong recovery from the yearly low of around 151 yen per dollar, Read more…