EUR/AUD’s decline resumed last week and hit 1.6620, but recovered since then. Initial bias remains neutral this week for consolidations. Outlook will stay bearish as long as 1.7060 resistance holds. Break of 1.6620 will resume larger down trend from 1.8554 to 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351 next. However, firm break…
USD/JPY fell sharply last week but the decline lost momentum ahead of 152.07 support. Intial bias stays neutral this week first. 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, sustained break of 55 4H EMA (now at 154.51) will…
EUR/JPY fell sharply last week but the declined stalled after hitting 38.2% retracement of 172.24 to 186.86 at 181.27. Initial bias is neutral this week first. On the downside, sustained break of 181.27 will argue that fall from 186.86 is correcting whole up trend from 154.77. Next near term target will be 161.8% projection of…
USD/CHF stayed in consolidations from 0.7603 last week. Initial bias stays neutral this week first. Stronger rebound cannot be ruled out but upside should be limited by 55 D EMA (now at 0.7861) to complete the pattern. On the downside, break of 0.7603 will resume larger down trend, and target 0.7382 projection level next. In…
EUR/USD’s rebound stalled after hitting 1.1928 last week and retreated. Initial bias stays neutral this week first. On the upside, above 1.1928 will target a retest on 1.2081 high. Decisive break there and sustained trading above 1.2 psychological level will carry larger bullish implications. On the downside, however, sustained trading below 55 D EMA (now…
EUR/GBP edged higher last week but failed to break through 0.8744 resistance. Initial bias remains neutral this week first. Firm break of 0.8744 will indicate that fall from 0.8863 has completed as a correction. Further rally should then be seen back to retest 0.8863 high. On the downside, sustained break of 38.2% retracement of 0.8221…
Online trading brokerage operator The NAGA Group AG (ETR:N4G0) has reported its financial results for 2025 – the company’s first full year operating after the NAGA-CAPEX.com merger – achieving strong top line results and maintaining profitability while integrating the two brands, all in a fairly challenging market environment. Despite what the company called a structurally…
Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. After a volatile stretch, traders buckle for a heavy-slate of US data. Get ready for next week’s action by exploring upcoming events across global Markets. Week in review – Volatile swings and deleveraging continue Markets are subject to particular…
USDJPY has concluded the cycle from the April 22, 2025 low and is now entering a corrective phase of larger magnitude. From the January 14, 2026 peak, the pair has begun to retrace with internal subdivision unfolding as a zigzag Elliott Wave structure. The initial decline from the January 14 high saw wave (A) finish…
While it’s impossible to replace decades of experience following the departure of sector experts, the incoming generation’s aptitude for technology is helping to bridge potential knowledge gaps, according to one buy-side trading head. Speaking about his own experience, Patrick Smith, head of trading Americas at Aberdeen Investments, shared that recent times have seen the firm lose a combined 70 years of experience through two consecutive retirements, highlighting…