Markets Market rallied last Friday after Iran’s foreign minister declared the Strait of Hormuz ‘completely open’. At the same time other US (including President Trump) and non-US sources suggested that a deal on the nuclear Read more…
Daily Pivots: (S1) 1.1733; (P) 1.1792; (R1) 1.1823; More…. Intraday bias in EUR/USD remains neutral for the moment, and some consolidations would be seen below 1.1848. Further rally is in favor as long as 1.1662 Read more…
Daily Pivots: (S1) 157.63; (P) 158.58; (R1) 159.56; More… Range trading continues in USD/JPY and intraday bias stays neutral. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) Read more…
Daily Pivots: (S1) 1.3480; (P) 1.3540; (R1) 1.3575; More… Intraday bias in GBP/USD remains neutral for the moment. Further rise is in favor as long as 1.3379 support holds. Sustained break of 61.8% retracement of Read more…
Daily Pivots: (S1) 0.7780; (P) 0.7811; (R1) 0.7847; More…. Intraday bias in USD/CHF is turned neutral with current recovery and some consolidations could be seen above 0.7774 temporary low. Upside should be limited below 0.7933 Read more…
Daily Pivots: (S1) 1.3657; (P) 1.3684; (R1) 1.3720; More… Intraday bias in USD/CAD is turned neutral with current recovery and some consolidations could be seen above 1.3647. Further decline is expected as long as 1.3787 Read more…
Last week was marked by a questionable rally on hopes that peace was just around the corner, but weekend news dampened that optimism, and the week opens on a mixed note with many unanswered questions. Read more…
In focus today There is no tier-1 data scheduled for release today. Attention shifts to developments in the Middle East and broader market dynamics. In Sweden, Riksbank governor Erik Thedéen will be holding a speech Read more…
Daily Pivots: (S1) 0.7141; (P) 0.7181; (R1) 0.7209; More… Intraday bias in AUD/USD is turned neutral again with current retreat. Some consolidations would be seen first, but downside should be contained above 0.7000 support. On Read more…
Markets began the week with a measured response to intensifying US–Iran tensions, even as the ceasefire showed visible signs of strain. The Dollar edged higher and oil prices rebounded, but broader markets remained composed, indicating Read more…