Dollar Stalls on JPY Drive The US Dollar is starting the week under pressure. The DXY has fallen around 0.6% from last week’s highs across early European trading on Monday. Hawkish comments from BOJ’s Ueda have fuelled a narrowing of the US/Japan yield spread which is driving JPY high, weighing on the Dollar. The main […]
TitleGBPJPY H4 | Bullish bounce off 61.8% fibo? TypeBullish Bounce Preference:Price is reacting to our pivot point at 182.91, which is a pullback support level, aligning with the 61.8% fibo retracement and 61.8% fibo projection. If price closes above the pivot point, then price could rise towards the 1st resistance at 184.19, which is a […]
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