Daily Pivots: (S1) 114.29; (P) 114.47; (R1) 114.79; More… Further rise could be seen in USD/JPY as rebound from 113.47 might extend. But we’re not expecting a break of 116.34 for now. Instead, the corrective pattern from there should extend with another falling leg. On the downside, break of 114.30 minor support will turn bias […]
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In an interview with the Financial Times, ECB President Christine Lagarde proposed a measured approach to handling U.S. President-elect Donald Trump’s tariff threats, favoring a “cheque book strategy” over outright retaliation. Trump has outlined plans Read more…
EURJPY in the fourth week of losses Short-term bias skewed to the downside Next stop could be near 158.00 EURJPY is set to post its fourth consecutive negative week, having retraced more than half of Read more…
The final trading week of November may prove to be the worst this month for the US dollar. Following the release of Chicago PMI data and the US Q3 GDP report, USD/JPY and USD/CAD have Read more…