Month: February 2025

Risk sentiment is on the floor this morning after Donald Trump imposed 25% tariff on most Mexican and Canadian imports and 10% tariff on Chinese imports which will take effect from tomorrow – a move, Read more…

In focus today Today, focus turns to French politics as lawmakers reach the final stage of negotiating a budget agreement. Sources indicate that Bayrou intends to reduce the public deficit to 5.4% of GDP from Read more…

Daily Pivots: (S1) 191.32; (P) 192.18; (R1) 193.17; More… Intraday bias in GBP/JPY remain son the downside as fall from 194.73 continues. Firm break of 189.31 support will suggest that corrective pattern from 180.00 has Read more…

Daily Pivots: (S1) 159.94; (P) 160.72; (R1) 161.54; More… EUR/JPY’s strong break of 159.74 support confirms resumption of whole fall from 164.89. Intraday bias is back on the downside for 156.16 support next. Overall, consolidation Read more…

Daily Pivots: (S1) 0.8346; (P) 0.8367; (R1) 0.8379; More… EUR/GBP’s strong break of 55 D EMA (now at 0.8355) suggests that rebound from 0.8221 has completed at 0.8472 as a corrective move. Intraday bias stays Read more…

Daily Pivots: (S1) 1.6631; (P) 1.6690; (R1) 1.6738; More… EUR/AUD is still bounded in range trading below 1.6800 and intraday bias remains neutral. In case of another dip, strong support is expected from 38.2% retracement Read more…

Daily Pivots: (S1) 0.9420; (P) 0.9448; (R1) 0.9469; More…. EUR/CHF’s steep decline and break of near term channel support argues that corrective rebound from 0.9204 has completed at 0.9516 already. Intraday bias is back on Read more…

Daily Pivots: (S1) 1.0328; (P) 1.0381; (R1) 1.0412; More… EUR/USD’s steep decline and strong break of 1.0371 minor support suggests that corrective recovery from 1.0176 has completed at 1.0531 already. Intraday bias is back on Read more…

Daily Pivots: (S1) 1.2361; (P) 1.2416; (R1) 1.2447; More… GBP/USD’s break of 1.2292 minor support suggests that corrective recovery from 1.2099 has completed at 1.2522. Intraday bias is back on the downside for retesting 1.2099 Read more…

Daily Pivots: (S1) 0.9083; (P) 0.9099; (R1) 0.9129; More… Intraday bias in USD/CHF stays on the upside for the moment. Break of 0.9200 will resume the whole rise from 0.8374. Further decisive break of 0.9223 Read more…