Author: Omada Admin
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EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.7359; (P) 1.7439; (R1) 1.7488; More… Intraday bias in EUR/AUD stays neutral for the moment. On the upside, firm break of 1.7628 resistance will suggest that fall from 1.8554 as completed as a correction, and retain larger bullishness. Intraday bias will be back on the upside for stronger rebound. However, below 1.7245…
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EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8402; (P) 0.8415; (R1) 0.8426; More… Despite some loss of momentum, further fall is still in favor in EUR/GBP with 0.8439 minor resistance holds. Current decline from 0.8737 should target 0.8221/8239 support zone. On the upside, above 0.8439 will turn bias back to the upside for stronger rebound instead. In the bigger…
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EUR/JPY Daily Outlook
Daily Pivots: (S1) 162.17; (P) 162.78; (R1) 163.42; More… Range trading continues in EUR/JPY and intraday bias remains neutral. Further rally is in favor as long as 161.57 support holds. Break of 165.19 will resume the rise from 154.77 to 166.67 resistance. However, firm break of 161.57 will indicate near term reversal, and turn bias…
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GBP/JPY Daily Outlook
Daily Pivots: (S1) 192.86; (P) 193.47; (R1) 194.16; More… Intraday bias in GBP/JPY stays neutral and more more consolidations could be seen below 196.38. Further rise is in favor as long as 190.22 support holds. On the upside, firm break of 195.95 will suggest that whole choppy decline from 199.79 has completed, and target this…
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Aussie Dips on RBA’s Dovish Tilt, But Risk Sentiment Provides Cushion
Aussie softened modestly following the RBA’s widely expected 25bps rate cut to 3.85%. But selling was contained as broader market sentiment remained supportive. While the move itself was no surprise, the updated economic forecasts leaned dovish, notably with headline CPI now seen at just 3.0% by year-end, down from the previous 3.7% projection. This downward…
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GBP/USD Rallies on Brexit Reset Deal, Dollar Weakness
On pace for its best six-monthly performance in over four years, 2025 has proven an interesting year for GBP/USD. In today’s session, GBP/USD trades higher on renewed trade policy optimism and a weaker dollar. Key Takeaways Following the announcement of a major UK-EU trade deal this morning, GBP/USD trades +0.49% higher in today’s session, at…
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Natural Gas Wave Analysis
Natural Gas: ⬇️ Sell Natural Gas broke support zone Likely to fall to support level 240.00 Natural Gas recently broke the support zone between the support level 3.600 (which stopped the previous wave B) and the 50% Fibonacci correction of the previous ABC correction (B) from April. The breakout of this support zone accelerated the…
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DAX Wave Analysis
DAX: ⬆️ Buy DAX reversed from the support level 23320.00 Likely to rise to resistance level 24500.00 DAX index recently reversed from the key support level 23320.00 (former double top from March, as can be seen from the daily DAX chart below). The upward reversal from the support level 23320.00 started the active minor impulse…
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GBP/USD Regains Traction — Is a Bullish Breakout on The Horizon?
Key Highlights GBP/USD started a decent increase from the 1.3250 zone. It cleared a key bearish trend line with resistance at 1.3340 on the 4-hour chart. EUR/USD started a recovery wave above the 1.1220 level. USD/JPY is showing a few bearish signs below 146.20. GBP/USD Technical Analysis The British Pound remained support near 1.3250 against…
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Sunset Market Commentary
Markets Moody’s depriving the US from its Aaa credit rating late on Friday to some extent was a symbolic step. It didn’t bring profound, new insights on the US budget deficit and its debt (un)sustainability. However, it comes at the time when Congress is processing President Trump’s ‘Big Beautiful Bill’ that might reinforce the trends…