Daily Pivots: (S1) 1.2858; (P) 1.2905; (R1) 1.2935; More… GBP/USD recovered again after brief dip to 1.2869 and intraday bias stays neutral. Correct fall from 1.3013 short term top could extend lower to near term Read more…
Daily Pivots: (S1) 1.0729; (P) 1.0767; (R1) 1.0789; More… Outlook in EUR/USD is unchanged that strong support is expected from 38.2% retracement of 1.0358 to 1.0953 at 1.0726 to completion the correction from 1.0953. On Read more…
The steady drip of tariff news from US President Donald Trump continued overnight, pushing US equities lower and weighing on risk sentiment globally. The tech-heavy NASDAQ led the decline with a drop of over 2%, Read more…
Key Highlights GBP/USD started a downside correction from the 1.3000 resistance zone. It traded below a connecting bullish trend line with support at 1.2960 on the 4-hour chart. EUR/USD dipped below the 1.0850 and 1.0800 Read more…
Short Term Elliott Wave view in EURUSD suggests rally from 2.3.2025 low is in progress as a 5 waves impulse. Up from there, wave 1 ended at 1.0528 and pullback in wave 2 ended at Read more…
BoC’s March 12 Summary of Deliberations revealed that the decision to cut the policy rate by 25 bps to 2.75% was driven primarily by “tariff threats and elevated uncertainty”. Governing Council members acknowledged that, under Read more…
St. Louis Fed President Alberto Musalem warned that while the initial effects of import tariffs may be short-lived, their broader inflationary impact could linger. He stressed concern that underlying inflation may be influenced more persistently Read more…
After a highly volatile 2024, the electric vehicle (EV) market has not stabilized so far in 2025. The current U.S. presidential administration’s lack of focus on clean energy has led to a questionable outlook for Read more…
Robinhood is getting closer to becoming a full-fledged financial service. On Wednesday, the company announced a wholly online banking platform that will offer checking and savings accounts to Robinhood Gold subscribers when it launches this Read more…
Robinhood is getting closer to becoming a full-fledged financial service. On Wednesday, the company announced a wholly online banking platform that will offer checking and savings accounts to Robinhood Gold subscribers when it launches this Read more…