Daily Pivots: (S1) 144.19; (P) 145.55; (R1) 146.63; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 144.44 temporary low will reaffirm the case that rebound form 141.67 has completed, and bring retest of this low. On the upside, break of 149.35 will resume the rebound to 61.8% retracement […]
The post USD/JPY Daily Outlook appeared first on Action Forex.
Markets US Treasuries followed last week’s recipe. Testing the recent low (area; depending on the maturity), but eventually rebounding higher. This time without strong trigger though like Thursday’s Powell speech or Friday’s retail sales. The Read more…
The week kicked off on a bullish note, as the recovery in US treasuries, and the retreat in US yields help boost appetite in major US indices. The S&P500 rebounded 0.39%, while Nasdaq added 0.71%, Read more…
In focus today Today, in euro area we receive final October HICP inflation data. This will show drivers of inflation and allow us to calculate the “LIMI” indicator of domestic inflation, which has received great Read more…