Daily Pivots: (S1) 1.3723; (P) 1.3748; (R1) 1.3775; More… Intraday bias in USD/CAD stays mildly on the downside. Corrective rebound could have completed with three waves up to 1.3878. Deeper fall should be seen to Read more…
Daily Pivots: (S1) 171.22; (P) 171.70; (R1) 172.12; More… Range trading continues in EUR/JPY and intraday bias stays neutral. While corrective fall from 173.87 short term top could extend lower, downside should be contained by Read more…
Daily Pivots: (S1) 196.69; (P) 197.36; (R1) 198.48; More… Intraday bias in GBP/JPY remains on the upside at this point. As noted before, corrective pullback from 199.96 could have completed at 195.01. Further rise should Read more…
Daily Pivots: (S1) 0.8646; (P) 0.8695; (R1) 0.8726; More… EUR/GBP’s corrective pattern form 0.8752 is extending and intraday bias stays neutral. Deeper decline might be seen but downside should be contained by 38.2% retracement of Read more…
Daily Pivots: (S1) 1.7830; (P) 1.7888; (R1) 1.7935; More… Range trading continues in EUR/AUD and intraday bias stays neutral at this point. On the upside, break of 1.7972 resistance should resume the whole rally from Read more…
After a week of volatility, the forex markets settled into a quieter rhythm during the Asian session on Friday. Swiss Franc stabilized somewhat, but remains the weakest performer this week after a heavy blow from Read more…
The EURUSD pair exhibits an incomplete bullish sequence originating from the September 2022 low, targeting 1.191. The rally from this low unfolds as an impulse Elliott Wave structure. Wave ((1)) concluded at 1.1275, followed by Read more…
The day before the launch of GPT-5, OpenAI CEO Sam Altman surprised employees with a message in the company’s Slack. “As we mentioned a few weeks ago, we have been looking at comp for our Read more…
The day before the launch of GPT-5, OpenAI CEO Sam Altman surprised employees with a message in the company’s Slack. “As we mentioned a few weeks ago, we have been looking at comp for our Read more…
Key Highlights USD/JPY declined below the 148.00 and 147.00 levels. It traded below a key bullish trend line with support at 148.75 on the 4-hour chart. EUR/USD recovered losses and climbed above 1.1620. GBP/USD is Read more…