USDJPY rose to three-week high (146.49) and subsequently fell over three full figures on Friday, on speculations about new prime minister’s support to BOJ’s further policy tightening, which was seen as a violation of central bank’s independence, initially weakening yen and then sparking strong rally after news proved false. Yen strengthened more after US data […]
Bitcoin edged lower on Monday but remains within the longer range which extends into seventh consecutive day. Near-term action remains sideways and looking for stronger direction signals, as daily studies are mixed (fading positive momentum / MA’s in bullish setup), with bullish but overbought weekly studies, adding to unclear near-term picture. Last week’s monthly close […]
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