Month: August 2025

Daily Pivots: (S1) 1.1591; (P) 1.1621; (R1) 1.1668; More… Intraday bias in EUR/USD stays neutral at this point. For now, further rise is in favor as long as 1.1573 support holds. Break of 1.1741 will Read more…

Daily Pivots: (S1) 1.3443; (P) 1.3473; (R1) 1.3528; More… Intraday bias in GBP/USD remains neutral and further rise is mildly in favor as long as 1.3389 support holds. Above 1.3594 will resume the rebound from Read more…

Daily Pivots: (S1) 0.8001; (P) 0.8038; (R1) 0.8061; More…. Intraday bias in USD/CHF stays neutral, and further decline is in favor with 0.8103 resistance intact. ON the downside, below 0.7999 will target a retest on Read more…

The short-term Elliott Wave outlook for Gold (XAUUSD) indicates a sustained upward impulse from the July 31, 2025 low. The rally began with wave 1 peaking at 3409.4, followed by a wave 2 pullback concluding Read more…

Markets Markets continued digesting this week’s mainly political event risk coming from the US and France. The US yield curve bull steepened with yields around 5 bps lower at the front end of the curve Read more…

Switzerland’s economy grew just 0.1% qoq in Q2, in line with expectations, as SECO noted that the “anticipated correction” followed above-average growth earlier this year. Industrial output and exports contracted sharply, while services posted broad-based Read more…

Daily Pivots: (S1) 147.08; (P) 147.63; (R1) 147.97; More… USD/JPY dips mildly today but stays in range of 146.20/148.76 and intraday bias stays neutral first. On the downside, firm break of 146.20 will resume the Read more…

U.S. equities closed higher overnight, but Asian markets turned mixed on Thursday as risk sentiment remained muted. Nvidia’s stronger-than-expected earnings beat on both revenue and profit dominated headlines but failed to deliver a sustained boost Read more…

Nvidia revealed its Q2 results yesterday after the closing bell and the numbers were, again, very impressive. The company made $46.7bn in revenue last quarter, broadly in line with expectations – and that without selling Read more…

In focus today In the euro area, we receive data on credit growth for July. Growth has picked up significantly this year in a sign of the easing monetary policy working though the economy. Yet, Read more…