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As the AUD/USD chart shows, the Australian dollar posted strong performance in January and February. Since the start of the year, the “Aussie” has gained nearly 6% against the US dollar. Among the bullish drivers: Read more…
Markets Markets had to navigate US presidents Trumps’ reaction to the Supreme Court ruling rejecting the IEEPA (reciprocal) tariffs yesterday. For now, the IEEPA tariffs are replaced by a 10% ‘temporary’ (max 150 days) global Read more…
Daily Pivots: (S1) 208.12; (P) 208.67; (R1) 209.21; More… GBP/JPY’s strong break of 209.68 minor resistance suggests that pullback from 214.98 has completed at 207.20 already. Intraday bias is back on the upside. Further rise Read more…
Daily Pivots: (S1) 181.91; (P) 182.36; (R1) 182.73; More… EUR/JPY’s rebound from 180.78 accelerates higher today and intraday bias remains on the upside. Current development solidifies the case that fall from 187.86 has completed as Read more…
Daily Pivots: (S1) 0.8725; (P) 0.8738; (R1) 0.8747; More… No change in EUR/GBP’s outlook. Intraday bias stays neutral with focus on 0.8744 resistance. Decisive break there should confirm that fall from 0.8863 has completed as Read more…
Daily Pivots: (S1) 1.6651; (P) 1.6691; (R1) 1.6743; More… Intraday bias in EUR/AUD remains neutral as consolidations from 1.6620 is still in progress. Further decline is expected with 1.6830 resistance intact. On the downside, decisive Read more…
Daily Pivots: (S1) 0.9119; (P) 0.9134; (R1) 0.9147; More…. No change in EUR/CHF’s outlook as consolidations continue above 0.9092. Stronger rebound might be seen but upside should be limited by 38.2% retracement of 0.9394 to Read more…
Daily Pivots: (S1) 1.1762; (P) 1.1798; (R1) 1.1822; More…. Intraday bias in EUR/USD remains neutral for the moment. Near term risk will remain on the downside as long as 1.1928 resistance holds. Below 1.1740 temporary Read more…
Daily Pivots: (S1) 154.10; (P) 154.57; (R1) 155.14; More… USD/JPY’s rise from 152.25 resumed by breaking through 155.63 and intraday bias is back on the upside for 157.65 resistance first. Firm break there will target Read more…