The short‑term Elliott Wave view in Gold (XAUUSD) shows that the rally from the March 23 low completed as wave (1) at 4889.24. After this peak, a corrective pullback in wave (2) began, retracing the Read more…
Daily Pivots: (S1) 211.81; (P) 212.73; (R1) 213.68; More… Intraday bias in GBP/JPY stays neutral for consolidations above 210.43. Risk will stay on the downside as long as 55 4H EMA (now at 214.28) holds. Read more…
Daily Pivots: (S1) 182.96; (P) 183.69; (R1) 184.57; More… Intraday bias in EUR/JPY stays neutral and more consolidations could be seen above 182.28 temporary low. Risk will stay on the downside as long as 55 Read more…
Daily Pivots: (S1) 0.8629; (P) 0.8640; (R1) 0.8651; More… Intraday bias in EUR/GBP remains neutral for the moment, and some more sideway trading could be seen. On the downside, decisive break of 0.8610 key support Read more…
Daily Pivots: (S1) 1.6265; (P) 1.6301; (R1) 1.6348; More… Intraday bias in EUR/AUD is turned neutral with current recovery. Further fall is expected as long as 1.6423 resistance holds. Below 1.6246 will bring retest of Read more…
Daily Pivots: (S1) 0.9153; (P) 0.9167; (R1) 0.9178; More…. Range trading continues in EUR/CHF and intraday bias remains neutral. Rise from 0.8979 is expected to continue as long as 0.9155 cluster support (38.2% retracement of Read more…
Markets Iran Foreign Minister Araghchi likened the US’s “Project Freedom” in the Persian Gulf to “Project Deadlock”. Since US President Trump announced plans to help commercial vessels through Hormuz, the number of reported military incidents Read more…
Yesterday, the US announced it would escort ships through the Strait of Hormuz — calling it a humanitarian operation (!) Iran warned it would retaliate, and reports suggest the US went ahead regardless. Iran then Read more…
In focus today Today will be quiet in terms of data releases, with only US data releases on the calendar. In the afternoon, the April ISM Services Index and March JOLTs job openings will be Read more…
Daily Pivots: (S1) 1.1664; (P) 1.1707; (R1) 1.1732; More…. Intraday bias in EUR/USD remains neutral and outlook is unchanged. Rise from 1.1408 is expected to continue as long as 1.1642 support holds. Firm break of Read more…