The USD/JPY pair recovered some ground in the last trading session of the day, reaching a fresh weekly high of 109.19 and settling not far below this last.
Topics in Depth
The Reserve Bank of Australia forecasted trimmed mean inflation to come in at 0.4% and 1.6% YoY, which had been published in the SoMP. AUD/USD hugging a 161.8% Fibonacci extension level ahead of CPI.
"A cycle is a recognizable price pattern or movement that occurs with regularity in a specific time period"
"Advisory Opinion, comprised of arguments and trade ideas which have been committed to publication and therefore have an influence on the trading public,
"Have you ever read news updates mentioning Elliott Wave yet you don’t have a clue what these mean for the Forex?"
"Support and Resistance Lines conform the most basic analytical tools and are commonly used as visual markers to trace levels where the price..."