Daily Pivots: (S1) 1.6265; (P) 1.6301; (R1) 1.6348; More… Intraday bias in EUR/AUD is turned neutral with current recovery. Further fall is expected as long as 1.6423 resistance holds. Below 1.6246 will bring retest of Read more…
Daily Pivots: (S1) 0.9153; (P) 0.9167; (R1) 0.9178; More…. Range trading continues in EUR/CHF and intraday bias remains neutral. Rise from 0.8979 is expected to continue as long as 0.9155 cluster support (38.2% retracement of Read more…
Markets Iran Foreign Minister Araghchi likened the US’s “Project Freedom” in the Persian Gulf to “Project Deadlock”. Since US President Trump announced plans to help commercial vessels through Hormuz, the number of reported military incidents Read more…
Yesterday, the US announced it would escort ships through the Strait of Hormuz — calling it a humanitarian operation (!) Iran warned it would retaliate, and reports suggest the US went ahead regardless. Iran then Read more…
In focus today Today will be quiet in terms of data releases, with only US data releases on the calendar. In the afternoon, the April ISM Services Index and March JOLTs job openings will be Read more…
Daily Pivots: (S1) 1.1664; (P) 1.1707; (R1) 1.1732; More…. Intraday bias in EUR/USD remains neutral and outlook is unchanged. Rise from 1.1408 is expected to continue as long as 1.1642 support holds. Firm break of Read more…
Daily Pivots: (S1) 156.22; (P) 156.76; (R1) 157.79; More… USD/JPY is staying in consolidations above 155.48 and intraday bias remains neutral. Risk will stay on the downside as long as 55 4H EMA (now at Read more…
Every parent I know has the same nagging worry. Their kid is on a phone, on an app, and nobody can quite say what is happening on the other side of that screen. For most Read more…
Daily Pivots: (S1) 0.7180; (P) 0.7204; (R1) 0.7225; More… Intraday bias in AUD/USD is turned neutral first with current extended retreat. Further rise will remain in favor as long as 0.7101 support holds. On the Read more…
Dollar is rising as risk aversion creeps back into global markets as the US–Iran ceasefire comes under increasing strain. Developments over the past 48 hours suggest the fragile truce is under mounting pressure, raising the Read more…