USD/JPY was the biggest mover last week, rising above 160 after the Federal Reserve meeting suggested U.S. interest rates may stay high for longer than expected as inflation concerns continue. After breaking above 160, USD/JPY fell sharply as Japanese officials warned that intervention could be near. Market rumors also suggested that authorities had been calling […]
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Daily Pivots: (S1) 0.8623; (P) 0.8632; (R1) 0.8645; More… Intraday bias in EUR/GBP is turned neutral first with current recovery. On the downside, decisive break of 0.8610 key support carry larger bearish implications and pave Read more…
Daily Pivots: (S1) 1.6243; (P) 1.6290; (R1) 1.6320; More… Intraday bias in EUR/AUD remains on the downside, and fall from 1.6842 should target 1.6125 low. Decisive break there will resume whole fall from 1.8554. On Read more…
Daily Pivots: (S1) 0.9152; (P) 0.9168; (R1) 0.9181; More…. Intraday bias in EUR/CHF stays neutral for the moment. Rise from 0.8979 is expected to continue as long as 0.9155 cluster support (38.2% retracement of 0.8979 Read more…