Daily Pivots: (S1) 154.34; (P) 154.78; (R1) 155.64; More… Range trading continues in USD/JPY and intraday bias remains neutral at this point. On the downside, firm break of 153.70 will resume the fall from 158.86 Read more…
Daily Pivots: (S1) 1.4415; (P) 1.4488; (R1) 1.4603; More… USD/CAD’s rally accelerates higher today and breaks through 1.4667/89 resistance zone. There is no sign of topping yet. Intraday bias stays on the upside for 1.4993 Read more…
Daily Pivots: (S1) 0.6189; (P) 0.6226; (R1) 0.6249; More… AUD/USD’s fall from 0.6941 resumed by breaking through 0.6130 support today. Intraday bias is back on the downside fro 61.8% projection of 0.6687 to 0.6130 from Read more…
Global markets kicked off February under heavy strain as US President Donald Trump’s long-anticipated tariffs on Canada, Mexico, and China came into full effect. Investor sentiment turned sharply negative, with Japan’s Nikkei tumbling over 1,000 Read more…
BoJ’s Summary of Opinions from the January 23-24 meeting indicates a growing shift toward policy normalization, as multiple board members highlighted mounting inflationary pressures. Rising import costs driven by the weak yen have led more Read more…
Key Highlights EUR/USD declined heavily and opened lower below 1.0320. It traded below a key bullish trend line with support at 1.0370 on the 4-hour chart. Bitcoin and Ethereum declined heavily and the greenback rallied. Read more…
All weekend long, there’s been a nonstop flood of talk and worse about what the tariffs the Trump Administration plans to impose early Tuesday on Canada, Mexico, and China actually mean. Details are still coming Read more…
China’s Caixin Manufacturing PMI edged down to 50.1 in January from 50.5 in December. According to Caixin Insight Group, manufacturers saw improved logistics and a slight pickup in supply and demand. However, employment levels deteriorated Read more…
Japan’s PMI Manufacturing was finalized at 48.7 in January, down from December’s 49.6. This marks the sharpest decline in output since March 2024, as firms faced a steeper drop in new orders. Weak demand conditions Read more…
Australia’s retail sales turnover edged down by -0.1% mom in December, a smaller decline than the expected -0.7% mom. While the contraction marks a pullback from the strong growth seen in previous months—0.7% mom in Read more…