Markets On Monday, the US Senate approved a bill to end the shutdown of the US government and this is expected to be rubberstamped by the House of Representatives today. The new bill will fund Read more…
The bullish cycle in the Nasdaq (NQ) that commenced from the April 2025 low remains underway, unfolding as an impulsive Elliott Wave structure. Within this broader advance, wave (3) of the eight-month rally concluded at Read more…
Nothing – not even the news that SoftBank sold its entire Nvidia stake could spoil market sentiment yesterday, as investors bought into the optimism that the US government shutdown will finally end! Yes, after 41 Read more…
In focus today Focus today turns to the vote in the US House of Representatives to pass the funding bill ending the shutdown. Later in the day we will follow speeches from several Fed speakers Read more…
Daily Pivots: (S1) 1.1551; (P) 1.1578; (R1) 1.1610; More… Intraday bias in EUR/USD stays neutral at this point. Further decline remains mildly in favor below 55 D EMA (now at 1.1620). Break of 1.1467 support Read more…
Daily Pivots: (S1) 153.72; (P) 154.11; (R1) 154.54; More… Intraday bias in USD/JPY is back on the upside with break of 154.47. Rise from 139.87 is resuming and should target 100% projection of 146.58 to Read more…
Daily Pivots: (S1) 1.3116; (P) 1.3150; (R1) 1.3184; More… Range trading continues in GBP/USD and intraday bias stays neutral. More consolidations could be seen but further decline is expected as long as 1.3247 support turned Read more…
Daily Pivots: (S1) 0.7972; (P) 0.8020; (R1) 0.8053; More… Intraday bias in USD/CHF remains on the downside for the moment. Corrective rebound from 0.7828 should have completed with three waves up to 0.8123. Deeper fall Read more…
Daily Pivots: (S1) 0.6515; (P) 0.6527; (R1) 0.6538; More… Intraday bias in AUD/USD remains neutral for the moment. On the downside, break of 0.6457 will target 0.6413 cluster (38.2% retracement of 0.5913 to 0.6706 at Read more…
Daily Pivots: (S1) 1.4001; (P) 1.4021; (R1) 1.4040; More… In the bigger picture, price actions from 1.4791 medium term top is likely just unfolding as a correction to up trend from 1.2005 (2021 low), with Read more…