Month: April 2025

Markets The first two sessions of the trading-shortened Easter week developed orderly, with markets recovering somewhat from last week’s mayhem. News flow of the last 24 hours or so suggests that the risk rebound will Read more…

Daily Pivots: (S1) 1.1238; (P) 1.1308; (R1) 1.1353; More… Intraday bias in EUR/USD remains neutral for the moment. More consolidations could be seen below 1.1472 and deeper pullback cannot be ruled out. But downside should Read more…

Daily Pivots: (S1) 142.71; (P) 143.15; (R1) 143.70; More… Intraday bias in USD/JPY remains neutral as consolidations continue above 142.05 temporary low. Stronger recovery might be seen but outlook will stay bearish as long as Read more…

Daily Pivots: (S1) 1.3180; (P) 1.3216; (R1) 1.3268; More… Intraday bias in GBP/USD remains on the upside for the moment. Current rise from 12099 should target 61.8% projection of 1.2099 to 1.3206 from 1.2706 at Read more…

Daily Pivots: (S1) 0.8163; (P) 0.8201; (R1) 0.8273; More… Intraday bias in USD/CHF remains neutral for consolidations above 0.8098 temporary low. While stronger rise might be seen, upside should be limited by 55 4H EMA Read more…

Daily Pivots: (S1) 0.6313; (P) 0.6348; (R1) 0.6380; More… Intraday bias in AUD/USD is turned neutral first with current retreat. Further rally is expected as long as 55 4H EMA (now at 0.6239) holds. Firm Read more…

UK consumer inflation continued to ease in March, with headline CPI slowing to 2.6% yoy, slightly below the expected 2.7% and down from 2.8% yoy in February. On a monthly basis, prices rose 0.3%, also Read more…

Although sentiment across the European assets was strong yesterday – on the tariff relief, remember? – things started looking less optimistic toward the end of the session and the futures are in the negative this Read more…

GBPUSD has recently broken above its April 3, 2025 peak of 1.3207, which we identified as wave (1) in the chart. This breakout signals a bullish trend starting from the January 13, 2025 low of Read more…