Month: February 2025

Daily Pivots: (S1) 1.0309; (P) 1.0345; (R1) 1.0398; More… EUR/USD is still bounded in consolidation from 1.0176 and intraday bias stays neutral. Outlook will remain bearish as long as 38.2% retracement of 1.1213 to 1.0176 Read more…

Daily Pivots: (S1) 1.2368; (P) 1.2411; (R1) 1.2491; More… Intraday bias in GBP/USD stays neutral for the moment. Corrective pattern from 1.2099 could extend with stronger rebound. But upside should be limited by 38.2% retracement Read more…

Daily Pivots: (S1) 0.9108; (P) 0.9126; (R1) 0.9150; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.9200 is still extending. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break Read more…

Daily Pivots: (S1) 151.90; (P) 152.25; (R1) 152.86; More… Immediate focus is now on 153.70 support turned resistance as USD/JPY’s rebound from 150.92 extends. Firm break of 153.70 will argue that correction from 158.86 has Read more…

Yen struggled in the Asian session and stayed weak, with renewed selling pressure driven by a combination of rising US Treasury yields and ongoing concerns over trade policy developments. Market participants are still digesting the Read more…

When mortgage rates began to surge in 2022, it aligned with the rapid onset of inflation. However, the past few years of elevated mortgage rates have been caused by a combination of economic factors. The Read more…

Key Highlights Gold started a fresh surge above the $2,900 resistance and traded to a new record high. A key bullish trend line is forming with support at $2,855 on the 4-hour chart. Bitcoin is Read more…

New York Fed President John Williams stated in a speech overnight that policy remains “well positioned” to balance the dual mandate. He added that the current “modestly restrictive” policy is expected to support a gradual Read more…