Commentary
Add as a preferred source on GoogleQuotes from BofA Merrill Lynch:- USD/JPY is on the verge of completing its 3m range trade and resuming its long term bull trend for 120.49. - A break of Triangle resistance (now 120.06) is the 1st sign that the bull tren…
Quotes from BofA Merrill Lynch:
- USD/JPY is on the verge of completing its 3m range trade and resuming its long term bull trend for 120.49.
- A break of Triangle resistance (now 120.06) is the 1st sign that the bull trend is resuming, while a close above 120.49 confirms. Our upside target is 124.16/124.59.
- Below 118.15 points to continues range trading, while it will take a break of 116.27/115.56 to indicate a turn in the long-term bull trend.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
