Daily Pivots: (S1) 1.1003; (P) 1.1073; (R1) 1.1127; More… Break of 1.1023 minor support argues that GBP/USD’s rebound from 1.0351 has completed at 1.1494. Intraday bias is back on the downside for retesting 1.0351 low. For now, risk will stay on the downside as long as 1.1494 resistance holds, in case of recovery. In the […]
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USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange Read more…
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The short-term Elliott Wave outlook for USDJPY indicates that the cycle from the January 28, 2026 low remains in progress, unfolding as an impulsive structure. From that low, wave (1) concluded at 157.72, followed by Read more…