Daily Pivots: (S1) 0.7726; (P) 0.7745; (R1) 0.7768; More…. No change in USD/CHF’s outlook as price actions from 0.7603 are seen as a consolidation pattern in the larger down trend. Intraday bias remains neutral. While stronger rebound cannot be ruled out, upside should be limited by 55 D EMA (now at 0.7838) to complete the…
2025 was the year of the Swiss Franc, and there were quite a few reasons. De-dollarization, flows moving towards Europe, the Yen losing some of its Safe-Haven characteristics amid fiscal trouble in Japan, and general diversification towards quality as the World faces troubled times ahead. Reaching 14-year lows less than a month ago, USD/CHF had…
New Zealand’s goods exports rose 2.6% yoy in January to NZD 6.2B, up NZD 157m from a year earlier. Goods imports increased 1.9% yoy to NZD 6.7B, up NZD 126m. The result was a monthly trade deficit of NZD -519m. By destination, export performance was mixed. Shipments to China, New Zealand’s largest trading partner, fell…
Created on February 19, 2026 The British pound has fallen on Wednesday, as we continue to see pressures on this currency. GBPUSD The British pound has fallen again during the trading session on Wednesday against the US dollar as we are now testing the 50-day EMA and the 1.35 level. With that being said, I…
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Daily Pivots: (S1) 152.89; (P) 153.27; (R1) 153.89; More… Range trading continues in USD/JPY and intraday bias stays neutral. With 38.2% retracement of 139.87 to 159.44 at 151.96 intact, price actions from 159.44 are seen as a consolidations pattern only. On the upside, firm break of 154.63 minor resistance will bring stronger rebound towards 157.65….
As the XTI/USD chart shows, the price of a barrel has today moved above the highs of 4 and 11 February, rising beyond the $66 level and marking its highest point since the start of the month. Bullish sentiment is being driven by escalating geopolitical tensions, primarily linked to Iran. According to media reports: →…
AUD/NZD’s medium-term uptrend resumed this week, lifting the cross to its highest level since 2013. The move extends a rally that began in mid-2025 and reflects widening policy divergence between the RBA and RBNZ. The initial leg higher was driven by aggressive rate cuts from RBNZ, which pushed the OCR down to 2.25% and weakened…
European capital market infrastructure Euronext today published its results for the fourth quarter and full year 2025. FX trading revenue was down 12.7%, at €7.4 million in the final quarter of 2025, reflecting lower volatility and the negative currency impact of the USD. Financial derivatives trading and clearing revenue was €12.3 million in Q4 2025,…
Daily Pivots: (S1) 0.9110; (P) 0.9125; (R1) 0.9145; More…. EUR/CHF is still bounded in consolidations above 0.9092 and intraday bias stays neutral. With 0.9180 resistance intact, further decline is expected. On the downside, firm break of 0.9092 will resume larger down trend and target 261.8% projection of 0.9394 to 0.9268 from 0.9347 at 0.9143. However,…