EUR/AUD’s rebound from 1.7245 resumed last week and the development suggests that fall from 1.8554 might have completed as a correction. Initial bias stays on the upside this week for 38.2% retracement of 1.8554 to 1.7245 at 1.7745. Firm break there will solidify this bullish case and target 61.8% retracement at 1.8054. On the downside, […]
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EUR/CHF continued to gyrate inside established range last week and outlook is unchanged. Initial bias remains neutral this week first. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on […]
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Week in Review: Trump Taco, USD indecision and RBNZ Rate decision This week was once again filled with tradable action in markets. The week started off with closed US and UK markets, a broadly positive sentiment taking global indices higher in the beginning of the week with the Nikkei 225 leading the charge. The US […]
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Canadian Highlights A U.S. court decision to block U.S. IEEPA tariffs could be a win for Canadian manufacturers if it’s upheld. Still, the U.S. has other legal means to impose tariffs on Canada, and sector-specific ones remain in place. Canadian GDP advanced at a reasonably firm 2.2% pace in Q1. However, domestic demand flatlined, reinforcing […]
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Monday, Jun 2, 2025 Tuesday, Jun 3, 2025 Wednesday, Jun 4, 2025 Thursday, Jun 5, 2025 Friday, Jun 6, 2025
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