Daily Pivots: (S1) 1.6641; (P) 1.6696; (R1) 1.6736; More… Intraday bias in EUR/AUD is back on the downside with break of 1.6620 support. Fall from 1.8554 is resuming and should target 138.2% projection of 1.8554 Read more…
Daily Pivots: (S1) 0.8710; (P) 0.8727; (R1) 0.8745; More… Intraday bias in EUR/GBP remains neutral for the moment. On the upside, decisive break of 0.8744 resistance. should confirm that fall from 0.8863 has completed as Read more…
Daily Pivots: (S1) 0.9100; (P) 0.9123; (R1) 0.9135; More…. EUR/CHF is still bounded in consolidations above 0.9092 and intraday bias remains neutral. Stronger rebound might be seen but upside should be limited by 38.2% retracement Read more…
Markets AI and tariff related uncertainty moved a bit to the back ground yesterday as drivers for daily trading/sentiment. (US) equities recovered (Nasdaq +1.04%) as investors pondered how to position in the wake of the Read more…
Daily Pivots: (S1) 1.1760; (P) 1.1779; (R1) 1.1791; More…. Intraday bias in EUR/USD remains neutral for the moment, as range trading continues. Near term risk will remain on the downside as long as 1.1928 resistance Read more…
Daily Pivots: (S1) 0.7727; (P) 0.7746; (R1) 0.7762; More…. Intraday bias in USD/CHF remains neutral for the moment and outlook is unchanged. Consolidation pattern from 0.7603 is still in progress. In case of stronger rise, Read more…
Daily Pivots: (S1) 1.3460; (P) 1.3498; (R1) 1.3527; More… Intraday bias in GBP/USD remains neutral for the moment as range trading continues above 1.3432. On the downside, below 1.3432 will resume the fall from 1.3867 Read more…
Daily Pivots: (S1) 154.86; (P) 155.57; (R1) 156.61; More… USD/JPY’s rise from 152.25 is still in progress and intraday bias remains on the upside for 157.65 resistance. Firm break there will target a retest on Read more…
Daily Pivots: (S1) 0.7032; (P) 0.7053; (R1) 0.7079; More… AUD/USD bounces notably today but stays in range below 0.7146. Intraday bias remains neutral first. Consolidations could continue and deeper retreat cannot be ruled out. But Read more…
The US Supreme Court recently ruled that the Trump administration cannot issue tariffs based on the International Emergency Economic Powers Act. This upends Trump’s current trade policy, as a majority of his tariffs are based Read more…