DXY: The DXY (US Dollar Index) chart currently displays a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support. The 1st support at 103.56 is identified as an overlap support and also coincides with the 50% Fibonacci Retracement level. This confluence […]
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Daily Pivots: (S1) 157.35; (P) 157.63; (R1) 158.18; More… USD/JPY fell sharply after reject below 55 4H EMA (now at 158.06). The decline from 160.71 high is resuming and intraday bias is back on the Read more…
The market narrative has flipped again—and this time the reversal is dramatic. Just days after investors were positioning for a dangerous escalation in the Strait of Hormuz, traders are suddenly rushing back into risk assets Read more…
Key takeaways Risk-on rally driven by easing geopolitics: Cooling US–Iran tensions and lower oil prices have reduced risk premiums, lifting global equities to record highs—led by the S&P 500 and Nasdaq 100. AI-led earnings momentum Read more…