Daily Pivots: (S1) 132.09; (P) 132.48; (R1) 132.89; More… Immediate focus is now on 129.49 support in USD/JPY. Firm break there will resume whole decline from 151.93. Intraday bias will be back on the downside for 61.8% projection of 151.93 to 133.61 from 138.16 at 126.83. On the upside, however, break of 132.86 resistance will […]
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Three major central bank decisions are due, with Swiss National Bank, Bank of England, and European Central Bank all widely expected to leave policy unchanged. Markets are therefore less focused on the decisions themselves and Read more…
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Bank of Japan left its policy rate unchanged at around 0.75% as widely expected, and maintained a clear tightening bias, signaling that further rate hikes remain on the table. The decision was passed by an Read more…