Daily Pivots: (S1) 0.6400; (P) 0.6432; (R1) 0.6490; More… AUD/USD’s strong rebound suggests that pullback from 0.6551 has completed at 0.6372 already. Intraday bias is turned neutral first. Consolidation pattern from 0.6551 could extend with Read more…
Daily Pivots: (S1) 145.43; (P) 146.72; (R1) 147.44; More… USD/JPY’s steep fall suggests that rebound from 142.10 has completed at 148.01 already. Sideway pattern from 148.64 is extending with another falling leg. Intraday bias is Read more…
Daily Pivots: (S1) 0.8096; (P) 0.8146; (R1) 0.8176; More…. The extended fall in USD/CHF suggests that recovery from 0.8054 has completed at 0.8214 already. Intraday bias is back on the downside. Decisive break of 0.8038 Read more…
Daily Pivots: (S1) 1.1495; (P) 1.1538; (R1) 1.1623; More… EUR/USD is still capped below 1.1630 despite today’s rally. Intraday bias stays neutral first. With 1.1452 support intact, further rise is expected. Break of 1.1630 resistance Read more…
Middle East tensions suddenly waned after Iran fired missiles at a US air base in Qatar — having reportedly informed the US in advance. As a result, the missiles were intercepted. President Trump called Iran’s Read more…
In focus today In the US, the Conference Board’s consumer confidence survey for June will be published. Sentiment has improved across most surveys following the preliminary US-China trade deal in May. In Germany, focus turns Read more…
Daily Pivots: (S1) 1.3420; (P) 1.3475; (R1) 1.3580; More… GBP/USD’s strong rebound suggest that pullback from 1.3631 has already completed at 1.3369. Intraday bias is back on the upside for retesting 1.3631 first. Firm break Read more…
Dollar fell sharply overnight and extended its slide through Tuesday’s Asian session, as traders responded to dovish Fed commentary and easing geopolitical risks. Vice Chair Michelle Bowman signaled she would support a rate cut as Read more…
The short-term Elliott Wave analysis for GBPJPY indicates that the cycle initiated from the April 9, 2025 low has reached a mature stage. The upward movement is unfolding as a five-wave impulse structure, a hallmark Read more…
Key Highlights WTI Crude Oil prices started a major decline from the $78.50 zone. It traded below a key bullish trend line with support at $71.50 on the 4-hour chart. Gold prices are facing hurdles Read more…