The Dollar Index (DXY) cycle, originating from its September 2022 peak, remains incomplete and exhibits a bearish outlook, signaling potential for further declines. The descent from the May 29, 2025 high is currently unfolding as Read more…
On Thursday, the price of gold fell to 3,340 USD per troy ounce, partially correcting the previous day’s gains. The decline reflects growing optimism over trade agreements, which reduced demand for gold as a safe-haven Read more…
UK PMI Services was finalized at 52.8 in June, up from May’s 50.9, marking the fastest pace of expansion since August 2024. Composite PMI also rose to 52.0, the highest since September. The data signals Read more…
Eurozone PMI Services was finalized at 50.5 in June, up from 49.7 in May. Composite PMI ticked up to 50.6 from 50.2. Although the bloc returned to modest expansion, performance remained uneven across major economies. Read more…
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Daily Pivots: (S1) 194.99; (P) 196.27; (R1) 197.19; More… Intraday bias in GBP/JPY remains neutral for the moment, and more consolidations could be seen below 198.87. Deeper pullback cannot be ruled out, but outlook will Read more…
Daily Pivots: (S1) 169.10; (P) 169.45; (R1) 169.85; More… Intraday bias in EUR/JPY remains neutral and consolidations from 169.83 could extend. Another retreat cannot be ruled out, but downside downside should be contained well above Read more…
Daily Pivots: (S1) 0.8565; (P) 0.8581; (R1) 0.8605; More… Intraday bias in EUR/GBP stays on the upside as rise from 0.8354 is in progress for retesting 0.8737 high. Decisive break there will resume the whole Read more…
Daily Pivots: (S1) 1.7897; (P) 1.7931; (R1) 1.7954; More… EUR/AUD Is still bounded in tight range below 1.7989 and intraday bias remains neutral for the moment. Further rally is expected as long as 1.7626 support Read more…
Daily Pivots: (S1) 0.9325; (P) 0.9336; (R1) 0.9356; More…. Range trading continues in EUR/CHF and intraday bias stays neutral. On the downside, decisive break of 0.9306 support will turn bias to the downside for retesting Read more…