Daily Pivots: (S1) 1.3586; (P) 1.3611; (R1) 1.3661; More… GBP/USD’s rally from 1.3158 continues today and intraday bias remains on the upside. As noted before, corrective fall from 1.4282 should have completed with three waves down to 1.3158, after hitting 1.3164 medium term fibonacci level. Further rally should be seen to 1.3833 resistance next. On […]
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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…