Daily Pivots: (S1) 142.12; (P) 142.78; (R1) 143.29; More… Intraday bias in USD/JPY remains mildly on the upside. Rebound from 139.87 short term bottom could extend higher. But overall risk will stay on the downside as long as 38.2% retracement of 158.86 to 139.87 at 147.12 holds. On the downside, decisive break of 139.26 will […]
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The British pound has edged lower on Friday. In the European session, GBP/USD is trading at 1.3214, down 0.17% on the day. UK retail sales climbs 0.4% UK retail sales were a ray of sunshine Read more…
USDJPY remains constructive as bounce from multi-month low (139.88) holds above broken Fibo level at 142.55 (23.6% of 151.20/139.88 bear-leg, reinforced by 10DMA) for the third consecutive day. Safe haven yen benefited from the recent Read more…
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