Today, Brent crude is sliding towards the psychological $70 per barrel mark, with the XBR/USD chart showing a break below a key support level (marked in blue) that had been holding since autumn last year. Read more…
Nikkei 225 broke below its 200-day moving average and a four-month range configuration. US President Trump’s trade war 2.0 against major trading partners triggered a negative feedback loop in Japanese equities due to potential disruption Read more…
Daily Pivots: (S1) 188.49; (P) 190.23; (R1) 191.65; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Further decline is in favor as long as 193.04 resistance holds. On the downside, firm break Read more…
Daily Pivots: (S1) 155.66; (P) 157.07; (R1) 158.21; More… EUR/JPY reversed after recovery to 158.45 and intraday bias is turned neutral again. On the downside, firm break of 154.40/77 support zone will resume larger fall Read more…
Daily Pivots: (S1) 0.8248; (P) 0.8258; (R1) 0.8268; More… No change in EUR/GBP’s outlook and further decline is expected with 0.8304 resistance intact. Fall from 0.8472 would target a test on 0.8201/21 key support zone. Read more…
Daily Pivots: (S1) 1.6750; (P) 1.6816; (R1) 1.6913; More… EUR/AUD’s rally from 1.5963 continues today and intraday bias stays on the upside. Sustained trading above 61.8% projection of 1.5963 to 1.6800 from 1.6355 at 1.6872 Read more…
Daily Pivots: (S1) 0.9369; (P) 0.9403; (R1) 0.9439; More…. Intraday bias in EUR/CHF stays neutral at this point. On the upside, firm break of 0.95167 will resume the rebound from 0.9204 and next fibonacci level Read more…
Markets Not often was the different trading direction between US and European assets that outspoken as yesterday. Key European stock markets closed more than 1% higher with the Dax (+2.64%) outperforming. Intraday gains were topped Read more…
Short Term Elliott Wave View in Gold (XAUUSD) suggests that cycle from 12.18.2024 low is in progress as a 5 waves impulse. Up from 12.18.2024 low, wave 1 ended at 2956.15 as the 1 hour Read more…
Today marks a turning point in Donald Trump’s tariff policy. It is the day the tariff threat will materialize – unless there is a surprise U-turn – and hammer hopes that the aggressive tariff threats Read more…