Month: February 2025

Daily Pivots: (S1) 1.0465; (P) 1.0486; (R1) 1.0505; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.0176 is still extending. Stronger rebound might be seen but outlook will remain bearish as long as Read more…

Daily Pivots: (S1) 1.2590; (P) 1.2613; (R1) 1.2648; More… Intraday bias in GBP/USD stays neutral, and focus remains on 38.2% retracement of 1.3433 to 1.2099 at 1.2609. Rejection by this level will keep near term Read more…

Daily Pivots: (S1) 0.8981; (P) 0.9000; (R1) 0.9026; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.9200 is still in progress. While deeper pull back might be seen, outlook will stay mildly bullish Read more…

Daily Pivots: (S1) 151.05; (P) 151.75; (R1) 152.22; More… Intraday bias in USD/JPY remains neutral for the moment. Attention is still on 38.2% retracement of 139.57 to 158.86 at 151.4. Strong rebound from there will Read more…

Headline CPI inflation increased in January to 1.9% year-on-year (y/y), slightly above expectations for a 1.8% y/y print and more than the 1.8% y/y reading from December. The Bank of Canada’s preferred “core” inflation measures Read more…

Nvidia shares moved higher in early Tuesday trading and look set to return to levels reached prior to the emergence of China-based DeepSeek in late January, as investors picked through details of the latest tweaks Read more…

Daily Pivots: (S1) 1.4165; (P) 1.4179; (R1) 1.4199; More… USD/CAD is staying in tight range above 1.4150 temporary low and intraday bias remains neutral. Deeper decline will remain in favor as long as 1.4378 resistance Read more…

Forex markets remained subdued today, with muted reactions to key economic data. Dollar held broadly higher as traders focused on the US-Russia peace talks, where both sides agreed to continue discussions on ending Russia’s invasion Read more…