Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is extending consolidations from 1.1408 and intraday bias remains neutral. Further decline is expected as long as 1.1666 resistance holds. Below 1.1408 will resume the Read more…
Daily Pivots: (S1) 1.3298; (P) 1.3332; (R1) 1.3390; More… Intraday bias in GBP/USD stays neutral at this point. Consolidations from 1.3216 could extend further. But risk will stay on the downside as long as 1.3482 Read more…
Daily Pivots: (S1) 0.7853; (P) 0.7888; (R1) 0.7913; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.7921. Further rally is still expected as long as 0.7746 support holds. Rise Read more…
Markets There was little ‘real’ market relevant news from the conflict in the Middle East, yesterday. There was hardly any progress on ideas/strategies to secure a passage through the Strait of Hormuz. Visibility on how Read more…
On Tuesday, crude oil pushed higher as Middle East tensions escalated following reports of the killing of senior Iranian figure Ali Larijani. Experts suggested this could prompt Iran to intensify attacks on Gulf countries. This Read more…
In focus today Focus remains on the Middle East, particularly on Iran’s response to Israel killing its top security chief and the potential repercussions for global energy markets. The main event will be the FOMC Read more…
Daily Pivots: (S1) 158.65; (P) 159.07; (R1) 159.43; More… Intraday bias in USD/JPY remains neutral for the moment. Considering bearish divergence condition in 4H MACD, break of 158.55 should indicate short term topping. Intraday bias Read more…
Markets were steady in Asian session today, with equities posting modest gains led by Japan, as investors showed signs of “war fatigue” amid the ongoing Middle East conflict. Despite continued escalation between Iran, Israel and Read more…
AUD/CAD moved higher this week as markets increasingly positioned for a divergence in policy outlook between the RBA and the BoC. Attention now turns to the BoC decision today, where rates are expected to remain Read more…
Equity markets may initially react positively if the Federal Reserve delivers a more neutral hold than expected, as outlined in our Fed analysis. A softer tone could ease rate concerns and lift risk sentiment in Read more…