Daily Pivots: (S1) 0.6544; (P) 0.6573; (R1) 0.6594; More… Intraday bias in AUD/USD remains neutral and more consolidations could be seen below 0.6624 resistance. Further rise is expected as long as 0.6453 support holds. Above Read more…
Daily Pivots: (S1) 1.3651; (P) 1.3688; (R1) 1.3742; More… Intraday bias in USD/CAD stays neutral as sideway trading continues. Outlook will remain bearish as long as 1.3773 resistance holds. Break of 1.3574 will argue that Read more…
Daily Pivots: (S1) 0.8699; (P) 0.8721; (R1) 0.8762; More… Intraday bias in EUR/GBP remains on the upside at this point. Current rally is part of the whole medium term rise from 0.8221. Sustained trading above Read more…
Daily Pivots: (S1) 1.7811; (P) 1.7856; (R1) 1.7926; More… Intraday bias in EUR/AUD remains neutral at this point. With 1.7717 support intact, further rally is expected. On the upside, above 1.7972 will bring retest of Read more…
Daily Pivots: (S1) 0.9323; (P) 0.9339; (R1) 0.9349; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the upside, firm break of 0.9365 will be the first sign that corrective pattern from 0.9445 Read more…
Daily Pivots: (S1) 171.98; (P) 172.45; (R1) 173.15; More… EUR/JPY’s rally continues today and intraday bias remains on the upside. Immediate focus is on 138.2% projection of 154.77 to 164.16 from 161.06 at 174.03. Break Read more…
Markets opened the week in a risk-on mood as trade developments filled the void left by a barren economic calendar. Euro gained broadly following the announcement of the US–EU framework agreement over the weekend, although Read more…
Key Highlights EUR/USD started a fresh increase above the 1.1680 resistance zone. It cleared a key bearish trend line with resistance at 1.1660 on the 4-hour chart. GBP/USD is struggling to clear the 1.3520 and Read more…
The big news last week was a surprise trade deal between the U.S. and Japan. The agreement will lower proposed tariffs on Japanese imports from 25% to 15%. This helped boost Japanese stocks, especially car Read more…
In a significant breakthrough, the US and EU reached a framework trade agreement on Sunday, averting the imposition of 30% tariffs on European imports. Instead, a reduced 15% rate will apply to most goods. The Read more…