USD/CAD bulls win battle with 200-SMA, mark six-month high. Technical risk bias remains bullish, though caution is warranted below 1.4050. USD/CAD returned to its bullish path on Thursday after an almost two-week period of consolidation Read more…
The EUR/USD pair tumbled to 1.1569 on Friday, propelling the US dollar to a two-month high. The rally comes as investors retreat from both the euro and the yen, which have lost their appeal. The Read more…
As shown on the EUR/USD chart today, the euro has dropped below 1.1550 against the US dollar — its lowest level since early August. The main driver of pressure on the single currency remains the Read more…
Key takeaways Gold (XAU/USD) surged 8.5% since late September, breaking above US$4,000 to hit a new all-time high of US$4,059. The rally is driven by demand for inflation hedges and fears of fiat currency debasement Read more…
The short-term Elliott Wave analysis for USDJPY indicates that the cycle starting from the September 18, 2025 low is unfolding as a five-wave impulse. From that low, wave 1 peaked at 149.956, followed by a Read more…
Markets EUR/USD’s technical break outside the upward sloping trend channel since US Liberation day met with follow-up action yesterday. News that French President Macron will name a new PM tonight didn’t stop the pair from Read more…
What a week it has been, right! There was no time to get bored despite the lack of US economic data — the tech sector kept us busy with a string of mega deals. Nvidia Read more…
In focus today In the US, the University of Michigan’s preliminary October consumer sentiment survey is set for release this afternoon, with focus on consumers’ inflation expectations. In September, 1-year inflation expectations remained elevated at Read more…
Daily Pivots: (S1) 1.1521; (P) 1.1585; (R1) 1.1627; More… Intraday bias in EUR/USD stays on the downside, as fall from 1.1917 is in progress for 1.1390 support. Break there will target 38.2% retracement of 1.0176 Read more…
Daily Pivots: (S1) 152.40; (P) 152.81; (R1) 153.51; More… USD/JPY edged higher to 153.26 but quickly retreated. Intraday bias stays neutral first and some more consolidations could be seen. Downside should be contained above 149.95 Read more…