Daily Pivots: (S1) 1.6567; (P) 1.6604; (R1) 1.6647; More… Further decline is expected in EUR/AUD with 1.6830 resistance intact, despite some loss of downside momentum. Current fall should continue to 138.2% projection of 1.8554 to Read more…
In focus today In the US, the ISM manufacturing index for February will be released today. January’s reading of 52.6 surprised to the upside, driven by a rise in new orders, indicating stronger final demand. Read more…
Daily Pivots: (S1) 0.9052; (P) 0.9097; (R1) 0.9133; More…. EUR/CHF’s fall continues today and intraday bias remains on the downside. Current down trend should target 61.8% projection of 0.9347 to 0.9092 from 0.9149 at 0.8991 Read more…
Markets opened the week with a clear but measured risk-off tone following dramatic escalation in Middle East tensions over the weekend. While safe-haven flows were evident in Asia, price action so far remains contained rather Read more…
Silver edged higher as markets reacted to escalating tensions in Middle East, with US-Israel-Iran conflict driving aggressive safe-haven flows. Prices surged to an intraday high above 96 before easing slightly as traders locked in partial Read more…
Gold moved slightly higher as investors looked for safety amid rising geopolitical tensions, while Bitcoin demand stayed weak after its recent sharp fall. In stock markets, U.S. equities struggled despite strong earnings from NVIDIA, as Read more…
March begins with markets delicately balanced between resilience and repricing risk. The week ahead is defined by one dominant risk event — US Non-Farm Payrolls — but the surrounding calendar ensures volatility will not be Read more…
Key Highlights EUR/USD started another decline and traded below 1.1840. A key bearish trend line is forming with resistance at 1.1800 on the 4-hour chart. GBP/USD extended losses and traded below 1.3460. Crude Oil prices Read more…
On Sunday, the OPEC+ “V8” coalition took a proactive stance by accelerating production hikes to 206,000 bpd starting in April. This move—surpassing the 137,000 bpd initially anticipated—serves as a strategic pivot to buffer a market Read more…
The U.S.-Israel attack on Iran will have immediate effects on all of us. Crude oil prices jumped in futures trading Sunday evening, March 1. Brent crude, the global benchmark, surged more than 10% in early Read more…