Daily Pivots: (S1) 0.7047; (P) 0.7071; (R1) 0.7089; More… Intraday bias in AUD/USD is turned neutral first with current retreat. On the upside, above 0.7094 temporary top will extend the rebound from 0.6832 to retest Read more…
Markets Talks between the US and Iran failed this weekend. The diametrically opposed US 15-point plan and Iran’s 10-point version turned out to be a weak foundation after all. JD Vance said that Iran refused Read more…
Daily Pivots: (S1) 1.3813; (P) 1.3830; (R1) 1.3860; More… USD/CAD recovered notably today but stays well below 1.3965 resistance. Intraday bias remains neutral first. Consolidations could extend and another dip might be seen. But outlook Read more…
Markets stayed composed in early trading, with oil holding below crisis levels despite renewed tensions around the Strait of Hormuz. Brent crude climbed toward $105 after US-Iran talks in Islamabad ended without a breakthrough, yet Read more…
In focus today Tensions in the Middle East continue to take focus, as uncertainty surrounding the two-week cease-fire gains momentum after no deal was reached in the talks over the weekend. It is a quieter Read more…
Oil prices climbed back toward $105 after the latest escalation around the Strait of Hormuz, but markets have stopped well short of panic pricing. Despite strong headlines around a US “total blockade” of the Strait Read more…
Key Highlights EUR/USD started a fresh increase above 1.1650. It cleared a key contracting triangle with resistance at 1.1610 on the 4-hour chart. GBP/USD could extend gains if it settles above 1.3500. WTI Crude Oil Read more…
New Zealand’s services sector extended its downturn in March, adding to signs that the economy may be heading toward contraction. The BusinessNZ Performance of Services Index declined from 47.6 to 46.0, a level firmly in Read more…
Markets started last week a bit cautious but slightly positive. There was hope that tensions in Iran might ease, which helped stocks move a little higher. At the same time, the U.S. dollar weakened slightly Read more…
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