Daily Pivots: (S1) 187.51; (P) 189.22; (R1) 190.30; More… Intraday bias in GBP/JPY remains neutral for the moment. Risk will be mildly on the downside as long as 193.04 resistance holds. On the downside, firm Read more…
Daily Pivots: (S1) 155.27; (P) 156.74; (R1) 157.67; More… Intraday bias in EUR/JPY remains neutral for the moment. On the downside, firm break of 155.72 will be a strong sign that whole fall from 175.41 Read more…
Daily Pivots: (S1) 1.6402; (P) 1.6436; (R1) 1.6492; More… Intraday bias in EUR/AUD remains neutral for the moment. Corrective pattern from 1.6800 could still extend and break of 1.6355 will target 61.8% retracement of 1.5963 Read more…
Daily Pivots: (S1) 0.8266; (P) 0.8279; (R1) 0.8293; More… Intraday bias in EUR/GBP is turned neutral first with current recovery. Another fall is expected as long as 0.8308 minor resistance holds. Below 0.8264 will resume Read more…
Euro opened the week slightly higher against all major currencies, as traders reacted positively to the German election results. Conservatives CDU/CSU secured victory, setting Friedrich Merz up as the next chancellor. However, Euro’s gains remain Read more…
Key Highlights EUR/USD started a consolidation phase from the 1.0515 resistance. A key bullish trend line is forming with support at 1.0420 on the 4-hour chart. GBP/USD is showing positive signs above the 1.2560 support. Read more…
When 2025 began, many investors were optimistic that the domestic economy would deliver results that would continue to push markets higher. It hasn’t happened yet. There’s been a lot of political turmoil with the arrival Read more…
Spanish ECB Governing Council member Jose Luis Escriva stressed caution in an interview published Sunday, highlighting uncertainty in the economic outlook. He stated that it is “very difficult to gauge the impact of events that Read more…
New Zealand’s Q4 retail sales volume rose 0.9% qoq to NZD 25B, surpassing expectations of 0.6% qoq. Excluding autos, sales jumped 1.4% qoq, well above the 0.3% qoq forecast. Sales volume growth was broad-based, with Read more…
Retail spending levels rose 0.9% in the December quarter. That was slightly ahead of forecast. The details of today’s report point to a firming in discretionary spending appetites. December quarter retail sales (volume of goods Read more…