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…
Copper is not making headlines the way gold or oil are right now. But underneath the surface, a structural shift is building and it has some of the world’s most credible research institutions sounding an Read more…
Daily Pivots: (S1) 1.1663; (P) 1.1691; (R1) 1.1712; More…. EUR/USD edged lower today but stays above 1.1662 support. Intraday bias remains on the upside and further rise is still in favor. On the upside, sustained Read more…
Dollar and oil are rising together today as ceasefires extend—but conflict persists. Despite a three-week extension of the Israel–Hezbollah truce and the ongoing “indefinite” pause in US–Iran conflicts, markets are increasingly focused on what is Read more…