Daily Pivots: (S1) 121.82; (P) 123.078; (R1) 124.14; More… Intraday bias in USD/JPY stays neutral as consolidation from 125.09 is extending. Downside should be be contained by 121.17 minor support to bring another rally. On the upside, above 125.09 will target 161.8% projection of 109.11 to 116.34 from 114.40 at 126.09, which is close to […]
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The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…