Daily Pivots: (S1) 158.80; (P) 159.28; (R1) 159.87; More… Intraday bias in USD/JPY stays neutral as consolidation continues below 160.45. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) intact. On the upside break of 160.45 will target a retest on 161.94 high. However, firm break of 157.31/49…
The ceasefire has been extended—but so has the uncertainty. Markets initially braced for escalation after US–Iran talks were cancelled, but sentiment quickly stabilized when US President Donald Trump announced an indefinite extension of the ceasefire. The move removed immediate downside risks, but did not resolve the underlying conflict. Oil is reflecting that middle ground. Brent…
Gold and Silver stabilized after the US extended the Iran ceasefire, cushioning markets from immediate escalation fears and preventing a deeper selloff. The move offset earlier weakness triggered by the cancellation of JD Vance’s planned diplomatic trip. However, technical developments suggest both metals are becoming increasingly vulnerable to a near-term bearish reversal, with selling likely…
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of CHFJPY. In which, the rally from September 2024 low is unfolding as an impulse sequence. Therefore, called for more upside to take place. We knew that the structure in the pair should remains incomplete & should see…
Surat: Three members of a family allegedly cheated at least 14 people of Rs 2.05 crore after luring them with promises of high returns from forex trading.Three accused members of a family, including a woman, allegedly cultivated trust among locals by frequently visiting a temple in Dabholi and projecting an image of wealth. They would…
Created on April 21, 2026 Today’s Gold Analysis Overview: The Overall Gold Trend: Neutral with a bearish bias. Today’s Gold Support Points: $4765 – $4720 – $4680 per ounce. Today’s Gold Resistance Points: $4830 – $4880 – $4925 per ounce. Today’s Gold Trading Signals: Note: These recommendations are suitable for medium-to-long-term traders, provided there is…
The US Dollar has corrected quite severely since the announcement of the two-week ceasefire, and not without good cause. The infamous Petrodollar trade has gripped financial markets on all sides since the beginning of the US-Iran-Israel conflict, particularly amid the rise in Crude Oil to 4-year highs. The USD has historically held a decent correlation…
US retail sales rose 1.7% mom to USD 752.1B in March, beating expectations of 1.3% mom and pointing to stronger-than-anticipated consumer demand. Ex-auto sales climbed 1.9% mom to USD 612.4B, also above forecasts of 1.3% mom. However, the composition shows a more nuanced picture. Sales excluding both autos and gasoline rose just 0.6% mom, indicating…
Daily Pivots: (S1) 1.1746; (P) 1.1768; (R1) 1.1809; More…. EUR/USD is still bounded in consolidations below 1.1848 and intraday bias remains neutral. With 1.1662 support intact, further rally is in favor. On the upside, sustained trading above 61.8% retracement of 1.2081 to 1.1408 at 1.1824 will pave the way to retest 1.2081 high. However, firm…
Daily Pivots: (S1) 0.7759; (P) 0.7800; (R1) 0.7824; More…. Intraday bias in USD/CHF remains neutral as consolidations continues above 0.7774. Upside of recovery should be limited below 0.7933 resistance to bring another fall. Sustained break of 61.8% retracement of 0.7603 to 0.8041 at 0.7770 will resume the decline from 0.8041 to retest 0.7603 low. In…