Daily Pivots: (S1) 146.02; (P) 146.62; (R1) 147.12; More… Outlook in USD/JPY is unchanged and intraday bias stays neutral. As long as 55 D EMA (now at 145..91 ) holds, further rally is still expected. On the upside, above 147.94 minor resistance will bring retest of 149.17. Firm break there will target 100% projection of […]
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The S&P 500 Index (SPX) ended its correction from the April 2025 low at 6319.68, which we identify as wave (2). From that level, the Index advanced in wave (3) and broke to a new Read more…
EUR/USD started a fresh increase above 1.1700 and 1.1720. USD/CHF declined further and is now struggling below 0.7835. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro started a decent increase from 1.1650 against Read more…
US Dollar The US dollar has received positive news from the Fed, the oil market and the US economy. Jerome Powell is staying in the FOMC, Brent crude has surpassed $120 per barrel, and orders Read more…