USDCHF Wave Analysis

USDJPY reversed from support zone Likely to rise to resistance level 155.65 USDJPY currency pair recently reversed up from the support zone lying between the strong support level 152.00 (former multi-month high from November) and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal from the support level 152.00 stopped the […]

Markets Economic data were few today. Still core bond yields continued the bottoming out process that started last week, with Europe this time taking the lead. German yields are rising between 5-6 bps across the curve. Supply obviously was the name of the game today. According to Bloomberg analyses, a record of at least (probably […]

Markets The path of least resistance on yields markets on Friday still was south. Investors after Wednesday’s Fed meeting/press conference clearly saw the glass half empty, rather than half full. The dots suggested otherwise with both growth and inflation forecasts upwardly revised. However, markets drew ‘dovish comfort’ from the fact that the median dot for […]