The overnight range was 142.83 - 144.00, Asia is currently trading around 143.85. The USD finally ma...
Find more articles and bullets on these widgets:
2200GMT | 0600HKT | 0900AEDT | South Korea Balance of Payments FEB |
0730GMT | 1530HKT | 1830AEDT | South Korea BoP Goods FEB |
0000GMT | 0800HKT | 1100AEDT | Philippines Unemployment Rate |
0300GMT | 1100HKT | 1400AEDT | Indonesia CPI YoY MAR |
0300GMT | 1100HKT | 1400AEDT | Indonesia CPI CORE YoY MAR |
0600GMT | 1400HKT | 1400AEDT | Indonesia CPI NSA MoM MAR |
0730GMT | 1530HKT | 1700AEDT | Malaysia Foreign Reserves |
0830GMT | 1630HKT | 1800AEDT | Taiwan CPI YoY MAR |
0830GMT | 1630HKT | 1800AEDT | Taiwan PPI YoY MAR |
0830GMT | 1630HKT | 1800AEDT | Taiwan CPI CORE YoY MAR |
JGBs are extending the strong bullish reversal, rejecting any test of fresh cycle lows for the M5 contract. This defies the bearish momentum studies drawn on the longer-term chart, clearing moving-average resistance to print 142.40 at the new upper level. To the downside, sights are on 136.57, a Fibonacci projection. 144.48 is the medium-term target on any recovery.