Category: Analysis

In focus today In the euro area, we will receive consumer confidence data for May, which will show how consumers have reacted to the improvements in trade talks between the US and China and following risk on sentiment in markets. In Denmark, the government releases a new economic forecast, which according to media reports will…

Markets The 30-yr bond yield at some point yesterday surged more than 13 bps, including last Friday’s late-session move, to 5.03%. Trump’s Big Beautiful but costly Bill getting shaped in the House only proved Moody’s point for its AAA-rating downgrade and added fuel to the fire. But the Treasury sell-off lured dip buyers into the…

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…

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…

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…

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…

BTCUSD accelerated lower on Monday, with 5K drop seen on quick pullback from sessions spike high to 107K zone. Bitcoin reacted negatively to US rating downgrade and the price fell to the lower side of recent congestion (101K/107K) where it has been established after bulls faced strong headwinds on approach to new record high, but…

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…

Market Picture On Monday, the cryptocurrency market declined more than 4% compared to the previous week. The bears successfully neutralised several attempts to cross the $3.36 trillion mark, which weakened the participants’ sentiment and led to the return of capitalisation to the $3.24 trillion level. The area down to $3 trillion could be an easy…

The New Zealand dollar has posted strong gains on Monday. Ahead of the North American session, NZD/USD is trading at 0.5912, up 0.53% on the day. US dollar slips on Moody’s downgrade The US dollar is trading lower today against the major currencies, following a surprise downgrade to the US’ credit rating on Friday. Moody’s…