Daily Pivots: (S1) 1.1209; (P) 1.1297; (R1) 1.1357; More… A temporary low is formed at 1.1210 in GBP/USD and intraday bias is turned neutral first. Some consolidations could be seen. But upside of recovery should be limited below 1.1737 resistance. On the downside, break of 1.1210 will resume larger down trend to 61.8% projection of […]
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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…