Given the clear daily uptrend and the bearish Japanese yen sentiment seen across the FX markets today, CHFJPY currency pair be expected to rise to the next resistance level 116.00 (target for the completion of the active short-term impulse wave 5). AUDJPY broke resistance area Likely to rise to resistance level 116.00 AUDJPY currency pair
Oracle shares climbed above $160, reaching their highest level in roughly six weeks, following the release of a robust earnings report: → EPS: $1.79 vs. $1.70 expected → Revenue: $17.2bn vs. $16.7bn expected This marks the first quarter in 15 years in which both revenue and earnings grew more than 20% simultaneously. Key drivers included:
The Indian rupee continued its crash today, March 12, reaching its lowest level on record. The USD/INR exchange rate jumped to a record high of 92.28, up by 10% from its lowest level in April last year. This trend may continue as the Iran war continues. Indian rupee at risk as energy prices jump The
Given the strength of the resistance level 203.4, moderate outflows from Swiss franc on the easing of the security situation in the USA-Iran conflict and the bearish divergence on the daily Stochastic indicator, CHFJPY currency pair be expected to fall to the next support level 201.00 (which stopped the previous minor correction 4). CHFJPY
The S&P 500 index (US SPX 500 mini on FXOpen) is trading around the 6,800 level this morning. However, market sentiment could shift sharply once the Consumer Price Index (CPI) data are released at 15:30 GMT+3. Ongoing military tensions in the Middle East and sharp fluctuations in oil prices continue to influence investor sentiment. As
The Australian dollar, local bonds, and the ASX Composite are rising this month as the country becomes an unusual haven among investors. The AUD/USD exchange rate jumped to its highest point since 2022, while the ten-year government bond yields dropped from this week’s high of 5% to the current 4.80%. Similarly, the ASX 200 Index,
The Turkish lira rose slightly this week as traders waited for the upcoming CBRT interest rate decision, as the crisis in the Middle East continued. The USD/TRY exchange rate retreated to 44 from the year-to-date high of 44.10. Turkish Central Bank interest rate decision The Central Bank of the Republic of Turkey (CBRT) will be
In last week’s edition, we wrote that the price of oil would now be calling the shots and thus determining the performance of global financial markets. The last few days have confirmed this thesis – and with more force than we ourselves would have expected. Since the publication of the last Thoughts, the price of
The XAU/USD chart indicates that gold has been moving within the $5,060–$5,200 range during the last few trading sessions. Bullish perspective: the lower boundary of the long-term ascending channel — in place since early 2026 — currently serves as the main support level. Bearish perspective: the market is facing pressure following comments from President Donald
The USD/JPY exchange rate pulled back slightly, moving from this week’s high of 158.85 to 157 as geopolitical tensions fell and after Japan published strong macro data. So, what next for the pair ahead of the upcoming US inflation report? Japan published strong GDP data The USD/JPY exchange rate pulled back as the US dollar