USD/JPY Retreats from Fibonacci Resistance as Fed's Daly Discusses Economic Outlook
Key Points
- USD/JPY is retreating from Fibonacci resistance, raising con...
Oh look, the USD/JPY pair is doing that thing again where it hits Fibonacci resistance and backs away faster than a trader spotting their ex at a Bloomberg terminal. Today's dramatic retreat has the forex market buzzing, and not just because everyone finally learned how to pronounce "Fibonacci" correctly.
When Technical Analysis Gets Technical
The bullish momentum in the U.S. Dollar is fading like a trader's hopes of leaving the office early on a Friday. Last week's battle lines between bullish support and bearish resistance levels are proving more dramatic than a FOMC press conference wit...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.