Month: May 2025

At the post meeting press conference, BoJ Kazuo Ueda acknowledged that the surge in global trade tensions, sparked by the US’s “reciprocal” tariffs, has sharply elevated uncertainty over global policy direction. He warned that these Read more…

GBP/USD started a downside correction from the 1.3450 zone. USD/CAD declined and now consolidates below the 1.3850 level. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound rallied above 1.3200 and 1.3320 before Read more…

Daily Pivots: (S1) 190.05; (P) 190.66; (R1) 191.33; More… GBP/JPY’s rise from 184.35 resumed by breaking through 191.70 and intraday bias is back on the upside. Further rally would be seen to 195.95 resistance next. Read more…

Daily Pivots: (S1) 161.58; (P) 162.12; (R1) 162.53; More… Intraday bias in EUR/JPY remains neutral a this point. On the upside, firm break of 164.16 will resume whole rise from 154.77. Next target will be Read more…

Daily Pivots: (S1) 0.8474; (P) 0.8507; (R1) 0.8531; More… EUR/GBP’s decline from 0.8737 is still in progress and deeper fall could be seen to 55 D EMA (now at 0.8453). Sustained break there will argue Read more…

Daily Pivots: (S1) 1.7616; (P) 1.7750; (R1) 1.7828; More… Intraday bias in EUR/AUD remains neutral at this point. Corrective pattern from 1.8554 could extend, but downside should be contained by 38.2% retracement of 1.5963 to Read more…

Daily Pivots: (S1) 0.9330; (P) 0.9362; (R1) 0.9395; More…. Intraday bias in EUR/CHF remains neutral neutral for the moment. Rebound from 0.9218 is either a corrective move, or the third leg of the pattern from Read more…

Market sentiment has improved following a deluge of data and earnings announcements on both sides of the Atlantic. In Europe, CPI updates from major eurozone economies came in stronger than expected, raising questions about the Read more…