Daily Pivots: (S1) 1.1022; (P) 1.1132; (R1) 1.1199; More… For now, EUR/USD’s fall from 1.1572 is still seen as a corrective move. Strong support should be seen from 38.2% retracement of 1.0176 to 1.1572 at Read more…
Daily Pivots: (S1) 1.3112; (P) 1.3205; (R1) 1.3271; More… Intraday bias in GBP/USD stays on the downside for the moment. Fall from 1.3442 short term top is in progress to 55 D EMA (now at Read more…
Daily Pivots: (S1) 146.56; (P) 147.61; (R1) 149.50; More… Intraday bias in USD/JPY remains on the upside for the moment. As noted before, fall from 158.86 could have completed 139.87 already. Further rise should be Read more…
Daily Pivots: (S1) 0.8367; (P) 0.8421; (R1) 0.8512; More…. USD/CHF’s rebound from 0.8038 is still seen as a corrective move. Strong resistance is expected from 38.2% retracement of 0.9200 to 0.8038 at 0.8482 to limit Read more…
Global equity markets surged overnight in response to the breakthrough US-China tariff truce, with risk appetite roaring back across the board. DOW jumped more than 1100 points, while S&P 500 and NASDAQ surged 3.26% and Read more…
BoJ Deputy Governor Shinichi Uchida said today that while Japan’s underlying inflation and medium- to long-term inflation expectations may “temporarily stagnate”, wage growth is expected to remain firm as “Japan’s job market is very tight.” Read more…
Australia’s NAB Business Confidence Index edged up from -3 to -1 in April. However, the underlying Business Conditions Index slipped from 3 to 2. Trading conditions eased from 6 to 5, while profitability dropped sharply Read more…
Australia’s Westpac Consumer Sentiment Index rose 2.2% to 92.1 in May, partially recovering from April’s sharp decline triggered by trade-related uncertainty. Westpac attributed the modest rebound to stronger financial markets and a decisive outcome in Read more…
Key Highlights Bitcoin started a major increase above the $100,000 resistance before it faced hurdles. BTC/USD traded below a connecting bullish trend line with support at $104,000 on the 4-hour chart. Ethereum outperformed with a Read more…
BoJ’s Summary of Opinions from its April 30–May 1 meeting revealed a generally cautious view on the impact of US tariffs, with board members acknowledging the potential economic damage but not seeing it as enough Read more…