Daily Pivots: (S1) 1.3655; (P) 1.3683; (R1) 1.3710; More… Intraday bias in USD/CAD is turned neutral first with current recovery. Overall outlook is unchanged that price actions from 1.3897 are developing into a consolidation pattern. While deeper fall cannot be ruled out, downside should be contained by 38.2% retracement of 1.3091 to 1.3897 at 1.3589 […]
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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…