Month: April 2025

Markets In the ‘Trump’ era glass-half-empty back to glass-half-full swings have become standard procedure and the trick was again at work yesterday. After indications that he was considering options to dismiss the Fed chair earlier Read more…

Daily Pivots: (S1) 1.1269; (P) 1.1354; (R1) 1.1401; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Pull back from 1.1572 short term topping could extend lower. But downside should be Read more…

Daily Pivots: (S1) 1.3212; (P) 1.3276; (R1) 1.3319; More… Intraday bias in GBP/USD remains mildly on the downside for the moment. Pullback from 1.3422 short term top would continue lower. But downside should be contained Read more…

Daily Pivots: (S1) 0.8215; (P) 0.8264; (R1) 0.8355; More… Intraday bias in USD/CHF stays on the upside, as rebound from 0.8038 short term bottom could extend to 38.2% retracement of 0.9200 to 0.8038 at 0.8482. Read more…

Daily Pivots: (S1) 142.07; (P) 142.82; (R1) 144.19; More… Intraday bias in USD/JPY stays on the upside as rebound from 139.87 short term bottom would extend higher. But overall risk will stay on the downside Read more…

Daily Pivots: (S1) 0.6328; (P) 0.6381; (R1) 0.6414; More… Intraday bias in AUD/USD remains neutral for consolidations below 0.6438. Further rally is expected as long as 55 D EMA (now at 0.6297) holds. Above 0.6438 Read more…

The first half of the week was full of fear and hope. Trump’s frustration with the Federal Reserve (Fed) President Powell and the threat of Powell being removed from his role weighed on sentiment at Read more…

In focus today Today we receive the German Ifo index, and it will be interesting to see if it shows the same development as the PMIs yesterday. We particularly look out for the Ifo index Read more…

Daily Pivots: (S1) 1.3818; (P) 1.3861; (R1) 1.3925; More… A short term bottom should be in place at 1.3780, just ahead of 100% projection of 1.4791 to 1.4150 from 1.4414 at 1.3773, and on bullish Read more…