Daily Pivots: (S1) 148.63; (P) 149.97; (R1) 150.83; More… Intraday bias in USD/JPY is turned neutral again as it quickly reversed after recovering to 151.29. Overall outlook is unchanged that the decline from 158.86 is seen as the third leg of the corrective pattern from 161.94 high. On the downside, below 148.55 will resume the […]
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Today, Brent crude is sliding towards the psychological $70 per barrel mark, with the XBR/USD chart showing a break below a key support level (marked in blue) that had been holding since autumn last year. Read more…
Nikkei 225 broke below its 200-day moving average and a four-month range configuration. US President Trump’s trade war 2.0 against major trading partners triggered a negative feedback loop in Japanese equities due to potential disruption Read more…
Daily Pivots: (S1) 188.49; (P) 190.23; (R1) 191.65; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Further decline is in favor as long as 193.04 resistance holds. On the downside, firm break Read more…