Month: March 2025

Daily Pivots: (S1) 1.0859; (P) 1.0904; (R1) 1.0948; More… EUR/USD is staying in consolidations below 1.0953 and intraday bias remains neutral. Further rally is expected as long as 1.0821 support holds. On the upside, break Read more…

Daily Pivots: (S1) 1.2969; (P) 1.2990; (R1) 1.3025; More… Intraday bias in GBP/USD is back on the upside with breach of 1.3009 temporary top. Current rally from 1.2099 should target 1.3433 high. However, firm break Read more…

Daily Pivots: (S1) 0.8755; (P) 0.8783; (R1) 0.8803; More… Intraday bias in USD/CHF stays neutral for the moment. Consolidation from 0.8757 could extend. But in case of another recovery, upside should be limited by 0.8911 Read more…

Daily Pivots: (S1) 148.15; (P) 149.15; (R1) 149.69; More… USD/JPY’s currently steep decline suggests rejection by near term falling channel resistance. Immediate focus is now on 148.22 minor support. Firm break there will indicate that Read more…

Asian markets are showing signs of mild risk-off sentiment today, with Hong Kong and China stocks retreating from recent gains. The weaker regional tone contributed to a stronger Yen. Additionally, Yen’s rebound is also fueled Read more…

Two major central banks will announce their monetary policy decisions today, with SNB leading, followed by BoE. SNB is widely expected to lower its policy rate by 25bps to 0.25%. With inflation at just 0.3% Read more…

Australia’s employment dropped sharply by -52.8k in February, significantly missing market expectations of 30k gain. The decline was broad-based, with full-time jobs falling by -35.7k and part-time employment down by -17k. Unemployment rate remained steady Read more…

New Zealand’s economy expanded by 0.7% qoq in Q4, surpassing expectations of 0.4% qoq and officially pulling the country out of recession. However, the broader picture remains mixed, as GDP still declined by -0.5% yoy, Read more…