Daily Pivots: (S1) 1.3804; (P) 1.3834; (R1) 1.3883; More… Intraday bias in USD/CAD is turned neutral again with current recovery. Deeper fall is expected as long as 1.3903 resistance holds. Below 1.3768 temporary low will Read more…
Markets trade on a cautiously optimistic in Asian session, supported by fresh signs that US-China trade tensions may be starting to thaw. China’s Commerce Ministry said the US has repeatedly expressed interest in reopening negotiations, Read more…
The US April non-farm payroll report today will serve as a critical barometer of the labor market’s resilience amid rising macroeconomic uncertainty. While the recent flip-flopping of reciprocal tariffs may not yet be fully reflected Read more…
Australian retail sales rose by 0.3% mom in March to AUD 37.28 billion, slightly below expectations of 0.4% growth. According to the ABS, food-related spending, particularly in supermarkets and grocery stores, was the main contributor Read more…
Key insights from the week that was. Australia’s Q1 CPI report was this week’s main event domestically, The key outcomes were slightly above consensus, the headline measure rising 2.4%yr (0.9%qtr) and the underlying trimmed mean Read more…
Key Highlights USD/JPY started a fresh increase above the 144.00 resistance. A connecting bullish trend line is forming with support at 143.80 on the 4-hour chart. EUR/USD is correcting gains and might dip below the Read more…
Nasdaq Futures (NQ) experienced a sharp selloff following a tariff announcement by President Trump, with the decline starting from a peak on December 16, 2024, at 22,450. The selloff concluded at 16,465.89 on April 7, Read more…
CADJPY: ⬆️ Buy CADJPY broke the resistance zone Likely to rise to resistance level 106.00 CADJPY currency pair recently broke the resistance zone between the resistance level 104.00 and the resistance trendline of the Descending Read more…
AUDJPY: ⬆️ Buy AUDJPY broke the resistance zone Likely to rise to resistance level 95.00 AUDJPY currency pair recently broke the resistance zone between the resistance level 92.00 (former strong support from the start of Read more…
Gold: ⬇️ Sell Gold broke support zone Likely to fall to support level 3100.00 Gold recently broke the support zone between the support level 3270.00 (former low of wave a from the middle of April), Read more…