Daily Pivots: (S1) 1.3882; (P) 1.3930; (R1) 1.4010; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen above 1.3827. While stronger recovery cannot be ruled out, outlook will stay bearish as Read more…
Risk sentiment turned a bit subdued in Asia today. Markets are broadly soft, continuing to digest the sharp tariff-driven selloff seen earlier this month. Even China’s stronger-than-expected Q1 data, including a 5.4% GDP growth print Read more…
Key Highlights Ethereum found support near $1,375 and corrected some losses. ETH is still well below a key bearish trend line with resistance at $1,740 on the daily chart. Bitcoin price must settle above $88,000 Read more…
China’s economy started the year on a stronger footing, with GDP expanding by 5.4% yoy in Q1, surpassing market expectations of 5.1%. On a quarterly basis, growth slowed to 1.2% from 1.6% in Q4. March’s Read more…
Australia’s Westpac Leading Index slipped from 0.9% to 0.6% in March. Westpac noted that the index has only just begun to reflect the escalating disruptions caused by US President Donald Trump’s reciprocal tariff announcement on Read more…
BoJ Governor Kazuo Ueda warned that US President Donald Trump’s escalating tariff policies have “moved closer towards the bad scenario” anticipated by the central bank. “We will scrutinise without pre-conception the extent to which US Read more…
Yesterday, 15 April, saw another lacklustre session in the US stock market, as US trade tariff woes overshadowed strong earnings results from Bank of America and Citigroup that beat expectations. The S&P gave up its Read more…
On April 9, President Donald Trump announced a 90-day pause on tariffs for most countries. The exception was China, whose tariffs imposed by the U.S. surged to 145% as a trade battle escalated. China retaliated Read more…
Hello traders and welcome to another ‘blue box’ blog post. In a blog post like this, we discuss most recent trade setups that the Elliottwave-Forecast members took. The spotlight will be on the GBPCAD again Read more…
USDJPY: ⬆️ Buy USDJPY reversed from long-term support level 142.00 Likely to rise to the resistance level 144.65 USDJPY currency pair recently reversed up from the support zone between the long-term support level 142.00 (which Read more…