Category: Investments

I don’t have time to finish a sentence before new headlines send markets upside down. When I returned to my desk on Monday, Trump had given Iran a 48-hour ultimatum — with only a few Read more…

In focus today In the euro area, the March flash PMIs are released, which is the first growth indicator following the war in Iran. The manufacturing sector is expected to record a large decline to Read more…

Daily Pivots: (S1) 211.78; (P) 212.55; (R1) 213.50; More… Intraday bias in GBP/JPY stays mildly on the upside. On the upside, Firm break of 213.28 resistance will resume the rally from 207.20 and target a Read more…

Daily Pivots: (S1) 183.35; (P) 183.85; (R1) 184.51; More… Intraday bias in EUR/JPY remains mildly on the upside for 184.75 resistance. Firm break there will resume the whole rise from 180.78 and target a retest Read more…

Daily Pivots: (S1) 0.8625; (P) 0.8654; (R1) 0.8676; More… Intraday bias in EUR/GBP remains neutral for the moment. With 55 D EMA (now at 0.8682) intact, further decline is in favor. On the downside, firm Read more…

Daily Pivots: (S1) 1.6469; (P) 1.6546; (R1) 1.6642; More… EUR/AUD’s break of 1.6594 resistance indicates that a short term bottom was already formed at 1.6125. Intraday bias is back on the upside for stronger rebound Read more…

Daily Pivots: (S1) 0.9102; (P) 0.9124; (R1) 0.9154; More…. Intraday bias in EUR/CHF remains neutral for the moment. On the upside, firm break of 38.2% retracement of 0.9394 to 0.8979 at 0.9138 will extend the Read more…

Daily Pivots: (S1) 1.1519; (P) 1.1579; (R1) 1.1674; More…. Intraday bias in EUR/USD stays neutral for the moment. More consolidations could be seen above 1.1408. But with 1.1666 cluster resistance (38.2% retracement of 1.2081 to Read more…

Daily Pivots: (S1) 157.72; (P) 158.69; (R1) 159.40; More… Intraday bias in USD/JPY remains neutral as consolidations continue below 159.88. Another falling leg could be seen, but downside should be contained by 38.2% retracement of Read more…

Daily Pivots: (S1) 1.3300; (P) 1.3389; (R1) 1.3522; More… Range trading continues in GBP/USD and intraday bias remains neutral for the moment. With 1.3482 resistance intact, further decline is in favor. On the downside, below Read more…