Key takeaways Nikkei 225 rallies 34% from April lows to June highs, driven partly by post-tariff optimism despite Japan being targeted by US trade measures. Nikkei 225 outperforms globally, gaining 28% since 7 April, trailing Read more…
Markets The latest batch of US eco data and the absence of destabilizing headlines from the US president helped the S&P 500 (+0.54%) and Nasdaq (+0.75%) to new all-time closing highs. The dollar extended the Read more…
Daily Pivots: (S1) 198.57; (P) 199.06; (R1) 199.90; More… GBP/JPY is staying in consolidations below 199.80 and intraday bias remains neutral. While deeper retreat cannot be ruled out, further rise is expected as long as Read more…
Daily Pivots: (S1) 171.93; (P) 172.30; (R1) 172.75; More… EUR/JPY’s consolidations from 173.21 is in progress and intraday bias remains neutral. Further rally is expected as long as 170.78 support holds. Above 173.21 will resume Read more…
Daily Pivots: (S1) 0.8626; (P) 0.8654; (R1) 0.8672; More… EUR/GBP is staying in consolidations below 0.8695 and intraday bias remains neutral. Further rise is expected as long as 0.8607 support holds. Above 0.8695 will target Read more…
Daily Pivots: (S1) 1.7812; (P) 1.7880; (R1) 1.7944; More… Intraday bias in EUR/AUD remains mildly on the upside for 1.8094. Firm break there will resume the rise from 1.7245 to retest 1.8554 high. Nevertheless, break Read more…
Daily Pivots: (S1) 0.9317; (P) 0.9327; (R1) 0.9338; More…. Intraday bias in EUR/CHF stays neutral at this point. On the upside, break of 0.9365 resistance will suggest that fall from 0.9428 has completed. Further rally Read more…
Daily Pivots: (S1) 1.1555; (P) 1.1600; (R1) 1.1642; More… Intraday bias in EUR/USD remains neutral at this point. Risk will stay mildly on the downside as long as 1.1829 resistance holds. Fall from there is Read more…
Daily Pivots: (S1) 147.86; (P) 148.48; (R1) 149.22; More… Intraday bias in USD/JPY remains neutral for the moment. More consolidations could be seen below 149.17. Downside should be contained by 55 D EMA (now at Read more…
Daily Pivots: (S1) 1.3379; (P) 1.3411; (R1) 1.3447; More… Intraday bias in GBP/USD remains neutral for the momentum. Focus stays on on 1.3369 support. Decisive break there will suggests that fall from 1.3787 is already Read more…