GBPJPY resumes negative momentum, but hopes for a pivot remain Sellers need a close below 185.65 to take full control GBPJPY came under renewed downside pressure after closing Thursday’s session with mild gains around 186.00. The pair shifted from a recent low of 183.70 earlier this week, forming a hammer candlestick and giving hope for a potential […]
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Daily Pivots: (S1) 1.6268; (P) 1.6299; (R1) 1.6345; More… Intraday bias in EUR/AUD stays neutral as consolidations continues above 1.6161 temporary low. Risk will stay mildly on the downside as long as 1.6598 holds. On Read more…
Daily Pivots: (S1) 0.9352; (P) 0.9370; (R1) 0.9395; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias bias stays neutral. On the downside, break of 0.9331 will target 0.9305 support first. Firm Read more…
Markets Markets tried to extend the Trump trade yesterday after higher US October producer price inflation and solid (low) weekly jobless claims. They sparked a reaction higher in the dollar and lower in US Treasuries. Read more…