Daily Pivots: (S1) 1.6351; (P) 1.6382; (R1) 1.6420; More… Intraday bias in EUR/AUD remains mildly on the downside at this point. Fall from 1.6842 should extend to retest 1.6125 low. Firm break there will resume Read more…
Daily Pivots: (S1) 0.9173; (P) 0.9184; (R1) 0.9198; More…. Intraday bias in EUR/CHF stays neutral at this point and further rise is expected with 0.9155 support intact. On the upside, firm break of 0.9264 will Read more…
Daily Pivots: (S1) 1.3669; (P) 1.3692; (R1) 1.3723; More… Intraday bias in USD/CAD remains neutral for the moment. Further fall is in favor as long as 1.3787 resistance holds. Sustained trading below 61.8% retracement of Read more…
Daily Pivots: (S1) 0.7104; (P) 0.7136; (R1) 0.7160; More… No change in AUD/USD’s outlook. Intraday bias stays neutral, and more consolidations would be seen below 0.7221 temporary top. In case of deeper retreat, downside should Read more…
Daily Pivots: (S1) 159.41; (P) 159.64; (R1) 159.99; More… Intraday bias in USD/JPY remains neutral as range trading continues below 160.45. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 Read more…
Daily Pivots: (S1) 0.7838; (P) 0.7856; (R1) 0.7882; More…. Intraday bias in USD/CHF remains neutral at this point. Further decline is expected as long as 0.7933 resistance holds. On the downside, sustained break 61.8% retracement Read more…
Daily Pivots: (S1) 1.3435; (P) 1.3477; (R1) 1.3507; More… Intraday bias in GBP/USD remains neutral, and further rise is still in favor with 1.3379 support intact. On the upside, sustained break of 61.8% retracement of Read more…
Geopolitical tensions remain elevated. The ceasefire is holding, but remains fragile. The US Navy reportedly “boarded a supertanker carrying Iranian oil in the Indian Ocean,” while Donald Trump ordered American forces to shoot boats placing Read more…
In focus today Today is light on the data calendar, with no tier-1 releases scheduled. In Sweden, the Producer Price Index for March will be published, serving as a reliable leading indicator for goods prices Read more…
UK retail sales rebounded strongly in March, with volumes rising 0.7% mom, well above expectations of 0.0% and reversing a revised -0.6% decline in February. The data points to a solid end to the first Read more…