Month: April 2025

Daily Pivots: (S1) 141.93; (P) 142.24; (R1) 142.47; More… USD/JPY’s decline continues today and intraday bias stays on the downside. Break of near term falling channel suggest downside acceleration. Current fall from 158.86 should extend Read more…

Daily Pivots: (S1) 0.8144; (P) 0.8176; (R1) 0.8195; More… Intraday bias in USD/CHF is back on the downside with break of 0.8098. Current down trend should target 200% projection of 0.9196 to 0.8757 from 0.8854 Read more…

Daily Pivots: (S1) 1.3260; (P) 1.3280; (R1) 1.3316; More… GBP/USD’s really resumed by breaking through 1.3291 and intraday bias is back on the upside. Firm break of 1.3433 will confirm larger up trend resumption and Read more…

Daily Pivots: (S1) 1.1314; (P) 1.1363; (R1) 1.1449; More… EUR/USD’s rally resumed by breaking through 1.1472 today and intraday bias is back on the upside. Current rise from 1.0176 should target 161.8% projection of 1.0358 Read more…

Dollar weakened broadly in thin holiday trading today, dragged down by mounting concerns over the independence of the Federal Reserve. Investor anxiety escalated after White House economic adviser Kevin Hassett indicated that US President Donald Read more…

Key Highlights EUR/USD started a fresh increase above the 1.1250 resistance. A short-term bullish trend line is forming with support at 1.1345 on the 4-hour chart. GBP/USD gained pace and traded to a new multi-month Read more…

Ever since President Donald Trump announced his big tariff plans on April 2, battles have raged about how the tariff may hurt the U.S. and the global economy.  The financial markets have offered deep skepticism Read more…

China kept its benchmark lending rates unchanged for the sixth consecutive month today. One-year loan prime rate was held at 3.1% and the five-year LPR steady at 3.6%. Subdued domestic inflation and growing global trade Read more…

As American workers approach retirement, many naturally worry about how Social Security monthly paychecks will support them financially in maintaining their desired lifestyle post-career. Dave Ramsey, bestselling author and radio host, warns retirees about an Read more…