Month: April 2025

Daily Pivots: (S1) 1.7129; (P) 1.7247; (R1) 1.7310; More… Current steep decline suggests that corrective pattern from 1.7417 is extending with another falling leg. Intraday bias is turned neutral first. Downside should be contained by Read more…

Daily Pivots: (S1) 0.9507; (P) 0.9543; (R1) 0.9572; More…. Range trading continues in EUR/CHF and intraday bias stays neutral for the moment. For now, strong support is still expected from 0.9486 to complete the correction Read more…

The much-expected US tariffs will be announced in a few hours and they will take immediate effect, according to the latest news. Yesterday’s ISM data confirmed that the US manufacturing activity slowed, new orders tanked, Read more…

In focus today In the US, Donald Trump is widely expected to enact new broad-based tariffs with an expansion to measures against Canada and Mexico, while auto tariffs will wait until Thursday. The first reciprocal Read more…

Daily Pivots: (S1) 1.0770; (P) 1.0800; (R1) 1.0822; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.0857 resistance will indicate that correction from 1.0963 has completed already. Retest Read more…

Daily Pivots: (S1) 1.2888; (P) 1.2915; (R1) 1.2950; More… GBP/USD is still extending consolidation from 1.3013 and intraday bias remains neutral. On the downside, below 1.2869 will bring deeper correction. But downside should be contained Read more…

Daily Pivots: (S1) 1.4264; (P) 1.4339; (R1) 1.4380; More… USD/CAD reversed after edging higher to 1.4414, but stays in established range. intraday bias remains neutral for the moment. Overall, corrective pattern from 1.4791 is still Read more…

Asian markets traded cautiously today as investors await the long-anticipated reciprocal tariff announcement from the US, dubbed “Liberation Day” by President Donald Trump. Following the mixed close on Wall Street, risk sentiment remains fragile, with Read more…