Month: March 2025

The week started on quite a positive note on hope that the next wave of US tariffs – expected to hit the ground on April 2nd – would be more targeted and more measured than Read more…

In focus today In the US, the Conference Board’s consumer confidence survey for March will be released. Earlier, a similar preliminary survey from the University of Michigan showed a clear weakening in consumer confidence due Read more…

Daily Pivots: (S1) 1.0769; (P) 1.0814; (R1) 1.0845; More… Intraday bias in EUR/USD remains mildly on the downside, as correction from 1.0953 short term top would extend to 38.2% retracement of 1.0358 to 1.0953 at Read more…

Daily Pivots: (S1) 1.2881; (P) 1.2927; (R1) 1.2970; More… Intraday bias in GBP/USD stays mildly on the downside as correction from 1.3013 short term top would extend to 38.2% retracement of 1.2248 to 1.3013 at Read more…

Daily Pivots: (S1) 149.78; (P) 150.27; (R1) 151.19; More… Outlook is USD/JPY is unchanged. Recovery from 146.52 is seen as a corrective move. Upside should be limited by 150.92 support turned resistance. On the downside, Read more…

Daily Pivots: (S1) 0.8804; (P) 0.8825; (R1) 0.8850; More… USD/CHF is staying in consolidation from 0.8757 and intraday bias remains neutral. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. Read more…

Daily Pivots: (S1) 0.6268; (P) 0.6286; (R1) 0.6305; More… No change in AUD/USD’s outlook and intraday bias stays neutral at this point. On the downside, firm break of near term trend line support (now at Read more…

Daily Pivots: (S1) 1.4287; (P) 1.4322; (R1) 1.4354; More… Range trading continues in USD/CAD and intraday bias remains neutral for now. Overall, price actions from 1.4791 are seen as a corrective pattern. On the upside, Read more…

Financial markets entered Tuesday on a subdued note, with the Asian session notably quiet. While US stocks managed a rebound overnight on speculation that the April 2 “Liberation Day” tariff rollout might be narrower in Read more…

Short Term Elliott Wave view in USDJPY suggests that rally from 3.11.2025 low is in progress as a double zigzag structure. A double zigzag structure is a 7 swing double three Elliott Wave structure. There Read more…