Daily Pivots: (S1) 1.2744; (P) 1.2761; (R1) 1.2788; More… GBP/USD’s rally continues today and intraday bias stays on the upside. Rise from 1.2298 should target 1.2892 resistance next. For now, further rally is expected as long as 1.2670 support holds, in case of retreat. In the bigger picture, price actions from 1.3141 medium term top […]
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In an interview with Helsingin Sanomat, ECB Vice President Luis de Guindos acknowledged the shifting priorities of the ECB as inflation continues to decline. Inflation is expected to return to the medium-term target of 2% Read more…
Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…
Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. Further decline is expected in EUR/JPY with 163.19 support turned resistance intact. Corrective rebound from 154.40 could have completed with three waves up to 166.67. Deeper Read more…