Daily Pivots: (S1) 139.24; (P) 139.74; (R1) 140.70; More… Intraday bias in USD/JPY stays on the upside for the moment. Current up trend should target 100% projection of 126.35 to 139.37 from 130.38 at 143.40 next. Sustained break there could bring upside acceleration of 147.68 long term resistance. On the downside, below 138.04 minor support […]
The post USD/JPY Mid-Day Outlook appeared first on Action Forex.
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…
Key Highlights EUR/USD started another decline and traded below the 1.0500 support. A major bearish trend line is forming with resistance at 1.0485 on the 4-hour chart. Bitcoin rallied further and traded close to the Read more…
GBPUSD broke support zone Likely to fall to support level 1.2465 GBPUSD currency pair recently broke the support zone located between the support level 1.2620 (former monthly low from June) and the support trendline of Read more…