Markets Yesterday during the day, markets gradually entered calmer waters as the impact of the rift between President Trump and the Fed gradually unwound. US equities more than reversed Monday’s decline with major indices closing Read more…
Daily Pivots: (S1) 187.88; (P) 188.38; (R1) 189.29; More… Intraday bias in GBP/JPY stays neutral and outlook is unchanged. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target Read more…
Daily Pivots: (S1) 161.03; (P) 161.68; (R1) 162.36; More… Intraday bias in EUR/JPY remains neutral for the moment, and more range trading could be seen. On the upside, above 164.16 will resume the rally from Read more…
Daily Pivots: (S1) 0.8549; (P) 0.8582; (R1) 0.8599; More… Intraday bias in EUR/GBP stays neutral at this point, and more consolidations could be seen below 0.8737 short term top. Further rise is expected as long Read more…
Daily Pivots: (S1) 1.7873; (P) 1.7928; (R1) 1.7997; More… EUR/AUD is still extending the corrective pattern from 1.8554 short term top. Intraday bias remains neutral at this point. Downside of pull back should be contained Read more…
Daily Pivots: (S1) 0.9308; (P) 0.9335; (R1) 0.9381; More…. EUR/CHF’s rebound from 0.9218 extended higher but stays below 0.9408 resistance. Intraday bias remains neutral and outlook stays bearish as long as 0.9408 resistance holds. On Read more…
In focus today Today’s key events will be the April flash PMIs from the euro area, US and the UK, which likely could give the first glimpse of the impact from tariff uncertainty. In the Read more…
The FTSE index experienced a significant decline from its high on April 3, 2025, reaching a low of 7552.65. We identify this as the completion of wave II. This downturn followed a zigzag pattern, a Read more…
Daily Pivots: (S1) 1.3785; (P) 1.3823; (R1) 1.3854; More… Further decline is in favor in USD/CAD with 1.3868 minor resistance intact. Firm break of 100% projection of 1.4791 to 1.4150 from 1.4414 at 1.3773 will Read more…
Daily Pivots: (S1) 0.6338; (P) 0.6389; (R1) 0.6416; More… Intraday bias in AUD/USD is turned neutral first with breach of 0.6366 minor support. Some consolidations would be seen but further rally is expected as long Read more…