Daily Pivots: (S1) 1.3693; (P) 1.3717; (R1) 1.3760; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen below 1.3770 temporary top. Downside of retreat should be contained above 1.3369 support to Read more…
Daily Pivots: (S1) 0.7908; (P) 0.7951; (R1) 0.7974; More…. Intraday bias stays on the downside for the moment. Current down trend should target 61.8% projection of 0.9200 to 0.8038 from 0.8475 at 0.7757 next. On Read more…
Daily Pivots: (S1) 1.3619; (P) 1.3689; (R1) 1.3750; More… Intraday bias in USD/CAD is back on the downside with break of 1.3616 temporary low. Retest of 1.3538 low should be seen first. Firm break there Read more…
Markets The US dollar capped the first half of 2025 with the weakest performance YtD since 1973 and new multiyear low. The trade-weighted index closed at 96.88, the weakest level since February 2022. EUR/USD rose Read more…
Daily Pivots: (S1) 0.6542; (P) 0.6563; (R1) 0.6603; More… AUD/USD’s rally resumed after brief consolidations and intraday bias is back on the upside. Current rise from 0.5913 should target 0.6713 fibonacci level. On the downside, Read more…
Dollar’s selloff extended overnight, breaking to fresh lows against Euro and Swiss Franc, as markets grow increasingly uneasy about U.S. trade policy ahead of the July 9 deadline. While US equities remain resilient, with the Read more…
So, here we are on July 1st. US equities are back at all-time highs. Most headlines credit the rebound to optimism around trade negotiations—hopes that deals will be struck before the July 9 deadline—and expectations Read more…
The Nasdaq (NQ) has surged to a new all-time high, reaffirming the strength of its ongoing bullish trend. The index established a significant low on April 7, 2025, at 16,460, following a sell-off triggered by Read more…
Key Highlights GBP/USD extended gains above the 1.3720 resistance. A bullish continuation pattern is forming with resistance at 1.3725 on the 4-hour chart. EUR/USD started consolidating gains below the 1.1750 zone. Gold price dipped below Read more…
China’s Caixin PMI Manufacturing rose to 50.4 in June from 48.3, topping expectations of 49.0 and marking a return to expansion territory. However, Wang Zhe of Caixin Insight cautioned that job losses persisted, external demand Read more…