Daily Pivots: (S1) 149.91; (P) 150.12; (R1) 150.43; More… USD/JPY’s rally from 127.20 resumed by breaking through 150.15 resistance. Intraday bias is back on the upside for 151.93 high medium term resistance next. On the downside, below 149.84 minor support will turn intraday bias neutral first, and bring consolidations. But near term outlook will now […]
The post USD/JPY Daily Outlook appeared first on Action Forex.
Dollar is heading into today’s US payrolls report in a vulnerable position—not necessarily because the labor market is collapsing, but because markets are currently focused on risk appetite rather than pure Federal Reserve pricing. Markets Read more…
Super Micro Computer gave investors the kind of earnings report that usually fits neatly into the artificial-intelligence growth story, with revenue more than doubling from the prior year and management pointing to stronger demand ahead. Read more…
Key Highlights USD/JPY started a recovery wave from the 155.00 support zone. A bullish trend line is forming with support at 156.45 on the 4-hour chart. EUR/USD is now at risk of a downside break Read more…