Daily Pivots: (S1) 142.42; (P) 142.81; (R1) 143.45; More… USD/JPY’s rebound from 139.87 short term bottom resumed by breaking through 144.02 today. Intraday bias is back on the upside for 100% projection of 139.87 to 144.02 from 141.96 at 146.11. But still, near term outlook will stay bearish as long as 38.2% retracement of 158.86 […]
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At the post meeting press conference, BoJ Kazuo Ueda acknowledged that the surge in global trade tensions, sparked by the US’s “reciprocal” tariffs, has sharply elevated uncertainty over global policy direction. He warned that these Read more…
GBP/USD started a downside correction from the 1.3450 zone. USD/CAD declined and now consolidates below the 1.3850 level. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound rallied above 1.3200 and 1.3320 before Read more…
Daily Pivots: (S1) 190.05; (P) 190.66; (R1) 191.33; More… GBP/JPY’s rise from 184.35 resumed by breaking through 191.70 and intraday bias is back on the upside. Further rally would be seen to 195.95 resistance next. Read more…