EUR/USD gained bearish momentum below the 1.0810 support. USD/JPY is rising and might take out the 157.40 resistance. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline below the 1.0810 Read more…
The US currency is gearing up for the most important trading session of the current week, and possibly even the month. Today, the US Consumer Price Index (CPI) data for May will be released. Additionally, Read more…
Markets Market conditions remained sour yesterday. Macron’s political gamble got another layer of uncertainty on rumours that the French president would resign in case of a defeat in the snap elections. While denied later, the Read more…
In focus today Today’s main events will be the US May CPI at 14.30 CET followed by the FOMC rate decision at 20.00 CET. We expect the Fed to maintain monetary policy unchanged in line Read more…
Daily Pivots: (S1) 1.3740; (P) 1.3766; (R1) 1.3784; More… Intraday bias in USD/CAD is turned neutral with current retreat. Further rise is expected as long as 55 4H EMA (now at 1.3711) holds. Correction from Read more…
Daily Pivots: (S1) 0.6592; (P) 0.6603; (R1) 0.6617; More… AUD/USD is staying in range below 0.6713 and intraday bias stays neutral. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to Read more…
Daily Pivots: (S1) 1.0715; (P) 1.0745; (R1) 1.0769; More…. Intraday bias in EUR/USD is turned neutral first with 4H MACD crossed above signal line. Further fall is in favor as long as 55 4H EMA Read more…
Daily Pivots: (S1) 1.2713; (P) 1.2732; (R1) 1.2759; More… Sideway trading continues in GBP/USD and intraday bias stays neutral. Considering bearish divergence condition in 4H MACD, firm break of 1.2680 support will turn bias back Read more…
Daily Pivots: (S1) 156.83; (P) 157.12; (R1) 157.43; More… No change in USD/JPY’s outlook as range trading continues. On the upside, break of 157.70 will resume the whole rise from 151.86 and target 160.20 high. Read more…
UK GDP showed no growth in April, aligning with market expectations. The data reveals a mixed picture, with certain sectors compensating for declines in others. Services output grew by 0.2% mom, marking its fourth consecutive Read more…