Daily Pivots: (S1) 1.2923; (P) 1.2949; (R1) 1.2978; More… No change in GBP/USD’s outlook, and further rally is mildly in favor with 1.2860 minor support intact. Sustained trading above 61.8% retracement of 1.3433 to 1.2099 Read more…
Daily Pivots: (S1) 0.8798; (P) 0.8827; (R1) 0.8849; More… Intraday bias in USD/CHF stays neutral. Consolidation from 0.8757 is extending, but upside of recovery should be limited by 0.8911 support turned resistance to bring another Read more…
Daily Pivots: (S1) 147.35; (P) 147.87; (R1) 148.32; More… Intraday bias in USD/JPY remains neutral. Consolidation from 146.52 is extending, but upside of recovery should be limited by 150.92 support turned resistance. On the downside, Read more…
Daily Pivots: (S1) 0.6257; (P) 0.6295; (R1) 0.6322; More… AUD/USD is still bounded in range trading and intraday bias stays neutral. On the downside, break of 0.6186 will target 0.6087 support first. Firm break there Read more…
Short term outlook of EURUSD shows a bullish impulsive structure with extension (nest) from 1.13.2025 low. Up from 1.13.2025 low, wave 1 ended at 1.0533 and pullback in wave 2 ended at 1.0205. Pair has Read more…
Gold’s up trend resumed overnight and surged to new record highs as the precious metal remains well-supported by escalating global uncertainties. The psychological 3000 level is now in sight as investors flock to the safe-haven Read more…
Key Highlights USD/JPY extended losses and tested the 146.60 zone. A major bearish trend line is forming with resistance at 148.80 on the 4-hour chart. EUR/USD is consolidating gains above the 1.0800 resistance zone. Bitcoin Read more…
New Zealand’s BusinessNZ Performance of Manufacturing Index rose from 51.7 to 53.9 in February, marking its highest level since August 2022. This solid improvement was driven by stronger production (52.4) and new orders (51.5), both Read more…
Key insights from the week that was. In Australia, the Westpac-MI Consumer Sentiment Index reported another encouraging lift, rising 4% from 92.2 in February to 95.9 in March. Easing cost-of-living pressures and the RBA’s decision Read more…
No one is exactly sure where gold came from. It’s now believed gold, created as stars were formed, was deposited on and in the earth at the earliest moments of the planet’s formation. The yellow Read more…