Daily Pivots: (S1) 1.3555; (P) 1.3603; (R1) 1.3656; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen. With 1.3453 support intact, further rise is expected. On the upside, break of 1.3657 Read more…
Daily Pivots: (S1) 1.3650; (P) 1.3672; (R1) 1.3697; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, below 1.3618 minor support will suggest that recovery fro 1.3549 has completed, and turn Read more…
Markets entered a temporary holding pattern on today as traders largely refrained from making aggressive geopolitical bets ahead of both US inflation data and Thursday’s Trump-Xi summit. Despite hostile rhetoric surrounding the Iran ceasefire, broader Read more…
The short‑term Elliott Wave view in Silver (XAGUSD) indicates a constructive bullish sequence after the break above the April 17 peak at 83.05. That move confirmed a higher‑high structure and reinforced the upward bias. From Read more…
Silver bulls may finally be getting the move they have been waiting for — and the rally could now be feeding itself. On Monday, Silver exploded higher by more than $6 an ounce at its Read more…
Key Highlights AUD/USD started a fresh increase above the 0.7200 pivot zone. A bullish trend line is forming with support at 0.7190 on the 4-hour chart. EUR/USD could gain strength if it clears 1.1800 and Read more…
Australia’s NAB business survey for April painted an increasingly stagflationary picture, with activity indicators weakening further even as cost pressures accelerated sharply. Business confidence improved slightly from -29 to -24, but remained deeply negative, while Read more…
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Bank of Japan’s Summary of Opinions from the April meeting revealed a noticeably more hawkish debate inside the board, with several policymakers arguing that another interest rate hike could come sooner rather than later as Read more…
Silver has officially entered what looks to be a real breakout. As we noted in our Friday analysis, the metals sector was overdue for a rally, and that move is now underway. Silver has attracted Read more…