Daily Pivots: (S1) 0.6379; (P) 0.6418; (R1) 0.6446; More… Intraday bias in AUD/USD remains neutral for the moment. On the upside, firm break of 0.6511 will resume the rally from 0.5913 to 61.8% retracement of Read more…
Daily Pivots: (S1) 1.1157; (P) 1.1192; (R1) 1.1220; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.1292 resistance will argue that correction from 1.1572 has completed after defending Read more…
Daily Pivots: (S1) 1.3263; (P) 1.3292; (R1) 1.3331; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral. On the upside, decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Read more…
Daily Pivots: (S1) 0.8328; (P) 0.8377; (R1) 0.8409; More…. Intraday bias in USD/CHF stays neutral at this point. On the downside, firm break of 0.8333 resistance turned support will argue that corrective rebound from 0.8038 Read more…
Daily Pivots: (S1) 145.13; (P) 145.97; (R1) 146.53; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 148.64. . Further rally is expected as long as 144.02 resistance turned support Read more…
Mild risk-off mood is helping Yen to extend its near-term rebound, despite fresh signs of economic weakness at home. Japan’s economy was already showing signs of strain even before the impact of US tariffs, with Read more…
RBNZ’s latest Survey of Expectations for May revealed a notable uptick in inflation forecasts across all time horizons. One-year-ahead inflation expectations climbed from 2.15% to 2.41%, while two-year expectations rose from 2.06% to 2.29%. Even Read more…
The US–China 90-day deal shows that actual outcomes are typically less bad than the ambit claims the Trump administration first announces. Once again, the US administration has shown that its initial announcements are usually ambit Read more…
Key Highlights USD/JPY started a downside correction and traded below 147.20. A connecting bullish trend line is forming with support at 144.50 on the 4-hour chart. EUR/USD could aim for a recovery if it clears Read more…
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