Key takeaways Bullish technical breakout: The AUD/USD has finally broken above the 0.7140 major resistance—a level tested multiple times since 2022—reaching a 52-week high near 0.7185, signalling the start of a fresh bullish impulsive uptrend. Read more…
Oil prices reversed their Asian session gains again yesterday, pulling US crude all the way down to the $76pb mark as the International Energy Agency (IEA) announced that it could release a record amount of Read more…
In focus today Geopolitical tensions in Iran continue to dominate market sentiment, with uncertainty over how long the conflict and energy supply disruptions will persist. Investors will be watching closely for updates on the global Read more…
Daily Pivots: (S1) 1.6228; (P) 1.6347; (R1) 1.6426; More… EUR/AUD accelerates lower today and breaks through 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351. Intraday bias remains on the downside for 161.8% projection Read more…
Daily Pivots: (S1) 0.8642; (P) 0.8653; (R1) 0.8665; More… Intraday bias in EUR/GBP remains on the downside for 0.8611 support. Firm break there will resume the whole fall from 0.8863, and target 100% projection of Read more…
Daily Pivots: (S1) 211.64; (P) 212.03; (R1) 212.46; More… GBP/JPY’s rebound from 207.20 resumed by breaking through 212.10 and intraday bias is back on the upside for retesting 214.98 high. Firm break there will resume Read more…
Daily Pivots: (S1) 183.10; (P) 183.45; (R1) 183.84; More… Intraday bias in EUR/JPY remains neutral first. On the upside, above 184.75 will resume the rebound from 180.78 to retest 186.86 high. Firm break there will Read more…
Daily Pivots: (S1) 0.9023; (P) 0.9039; (R1) 0.9057; More…. Intraday bias in EUR/CHF stays neutral and more consolidations could be seen first. Outlook will stay bearish as long as 0.9149 resistance holds. On the downside, Read more…
Daily Pivots: (S1) 1.1590; (P) 1.1628; (R1) 1.1650; More…. Intraday bias in EUR/USD stays neutral for the moment, and more consolidations could be seen. Further decline is expectred with 1.1740 support turned resistance intact. On Read more…
Daily Pivots: (S1) 1.3392; (P) 1.3438; (R1) 1.3463; More… Intraday bias in GBP/USD remains neutral at this point. With 1.3574 resistance intact, further decline is still in favor. On the downside, below 1.3252 will extend Read more…