AUD/USD started a fresh increase above 0.7175 and 0.7200. NZD/USD is also rising and might aim for more gains above 0.5950. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started Read more…
Bitcoin’s move above $80,000 may be the moment this rally changes character. What started as another rebound alongside surging tech stocks is now beginning to look more like a genuine momentum breakout—one that could pull Read more…
Key takeaways Intervention-driven downside resumes: USD/JPY plunged 2.4% to a two-month low after Japan’s ~$34.5B intervention on Thursday, 30 April, with a sharp intraday drop on today, 6 May, hinting at a possible second round Read more…
Markets A violent sell-off hit UK Gilts as local markets reopened following Monday’s Spring Bank Holiday. In a catch-up move to weakness in core bonds on Monday, UK yields jumped 9 to 10 bps across Read more…
The Project Freedom was paused, meaning that the US abandons the idea to escort ships out of the Strait of Hormuz – as the initiative didn’t fare well with Iran. And the lack of further Read more…
In focus today In Sweden, flash CPI figures are set for release, with a decline expected due to the VAT reduction on food from 12% to 6%. CPIF excluding energy is forecast to fall to Read more…
Daily Pivots: (S1) 212.85; (P) 213.46; (R1) 214.39; More… GBP/JPY fell sharply after rejection by 55 4H EMA but stays above 210.43. Intraday bias remains neutral first. Further decline is expected as long as 214.21 Read more…
Daily Pivots: (S1) 183.92; (P) 184.35; (R1) 185.04; More… EUR/JPY’s breach of 182.28 suggests that consolidation from there has completed at 185.02, and fall from 187.93 is resuming. Intraday bias is back on the downside Read more…
Daily Pivots: (S1) 0.8625; (P) 0.8635; (R1) 0.8648; More… Intraday bias in EUR/GBP remains neutral for the moment, and further fall is expected with 0.8652 support turned resistance intact. . On the downside, decisive break Read more…
Daily Pivots: (S1) 1.6240; (P) 1.6307; (R1) 1.6347; More… EUR/AUD’s fall from 1.6824 resumed after brief consolidations and intraday bias is back on the downside. Decisive break of 1.6125 low will confirm resumption of whole Read more…