Forex markets are closing out February in subdued fashion, with activity thinning as traders hold back from fresh positioning ahead of a heavy data calendar next week. Aussie remains the standout performer, supported by stronger-than-expected inflation data earlier this week, which reinforced expectations that the RBA will deliver another rate hike in May. Swiss Franc
Daily Pivots: (S1) 209.81; (P) 210.99; (R1) 211.72; More… Intraday bias in GBP/JPY is turned neutral again with current retreat. Pull back from 214.98 could have completed as a near term correction at 207.20. Above 212.10 will bring retest of 214.98 first. Firm break there will resume larger up trend. For now, risk will stay
Daily Pivots: (S1) 155.71; (P) 156.13; (R1) 156.55; More… Intraday bias in USD/JPY remains neutral and more consolidations could be seen below 156.81. On the upside, above 156.81 will resume the rally from 152.25 to 157.65 resistance first. Firm break there will target a retest on 159.44. high. On the downside, however, break of 153.90
Created on February 27, 2026 The British pound initially rallied during the trading session on Thursday, but it looks like we just don’t have any follow through and now we find ourselves hanging around the 1.35 level again. This is a market that is getting choppier and quite frankly sloppier day by day. We have
Market Overview Crypto market capitalisation has fallen back to $2.3 trillion, remaining at Thursday’s low. The upward momentum gained at the beginning of the week has not developed further, with traders preferring to sell as prices rise. Over the past three weeks, the market has mainly traded within the $2.20–2.40 trillion range. Local resistance roughly
Key takeaways Corrective rebound gaining traction: Gold has broken above $5,170 and extended its bounce from the $4,402 low, with price action evolving within a minor ascending channel and maintaining a bullish bias above $5,046 support. Falling real yields supportive: The US 10-year real yield has declined sharply from 1.98% to 1.72%, reducing the opportunity
Bitcoin (BTCUSD) continues to display an incomplete bearish sequence from the October 6 peak, which suggests that further downside remains possible. The extreme target zone derived from that peak lies between $41,411 and $52,204, and this area continues to serve as the broader downside objective. Despite this longer-term view, the cryptocurrency has been staging a
The People’s Bank of China announced today that it will lower the foreign exchange risk reserve requirement for financial institutions purchasing foreign exchange via forwards to zero from 20%, effective March 2. The move reverses a September 2022 tightening measure that had been introduced to curb rapid Yuan depreciation and stem capital outflows. At the
Steven Hatzakis, widely known in the retail trading industry as the Global Director of Online Broker Research at ForexBrokers.com, has formally launched ForexGPT, an AI-native trading platform designed to unify market analysis, trade execution and automation under a structured tool architecture. Rather than positioning itself as a chatbot bolted onto a broker dashboard, ForexGPT is
Things have gone from bad to worse at Estonia based Retail FX and CFDs broker Admirals Group AS. Admirals has released its unaudited financial results for 2025, indicating that the company’s business (and revenue base) collapsed in the second half of 2025 – and that was after a historically bad first half of the year
The S&P 500 rally is putting pressure on the greenback as a safe-haven asset. The Labour Party’s defeat in local elections will create problems for the pound. While the market tries to figure out tariffs, EURUSD is rising thanks to US stock indices and improved global trade. According to HSBC, supply chains have been restructured
Economic sentiment in Europe softened in February, with the Economic Sentiment Indicator falling by 1.0 point to 98.3 in both the EU and the Eurozone. The Employment Expectations Indicator also declined, slipping to 98.5 in the EU and 97.6 in the Eurozone. Both gauges remain slightly below their long-term average of 100. The drop in
Daily Pivots: (S1) 0.7712; (P) 0.7735; (R1) 0.7751; More…. Intraday bias in USD/CHF remains neutral as consolidation pattern from 0.7603 is still extending. In case of stronger rise, upside upside should be limited by 55 D EMA (now at 0.7828) to complete the pattern. On the downside, below 0.7627 will bring retest of 0.7603. Firm
Daily Pivots: (S1) 0.8710; (P) 0.8727; (R1) 0.8745; More… Intraday bias in EUR/GBP remains neutral for the moment. On the upside, decisive break of 0.8744 resistance. should confirm that fall from 0.8863 has completed as a correction at 0.8661. Further rise should then be seen back to retest 0.8663 high. On the downside, break of
Daily Pivots: (S1) 182.42; (P) 183.30; (R1) 184.44; More… Intraday bias in EUR/JPY stays mildly on the upside for the moment. Near term corrective fall from 187.86 could have completed at 180.78. Further rise should be seen back to retest 186.22/86 resistance zone. On the downside, though, below 181.96 will bring another decline to 38.2%
Cable edged higher on Wednesday and retests the ceiling of near-term range in which the price holds for the third straight day. Double-Doji candle (Mon/Tue) with longer upper shadows points to indecision, as technical studies remain mixed. Rising daily Ichimoku cloud (spanned between 1.3428 and 1.3302) underpins, while diverging daily Tenkan/Kijun-sen after creating a bear-cross,
Created on February 25, 2026 I like gold at the moment, but we need to see if the previous resistance is going to be held as support. This might be what Tuesday was all about. The gold market has fallen quite a bit during the trading session on Tuesday as we are starting to see
AUDUSD jumped to two-week high (0.7116) in early Wednesday’s trading following release of Australian CPI data. Inflation remained elevated and unchanged in January compared to previous month (3.8%; Core 3.4% – the highest in 16 months) beating forecasts (3.3%; Core 3.7%) and boosting bets for another rate hike, after the RBA raised interest rates by
Daily Pivots: (S1) 1.3686; (P) 1.3705; (R1) 1.3719; More… USD/CAD edged higher to 1.3724 but quickly retreated. Intraday bias stays neutral for the moment. Consolidations from 1.3480 is in progress and stronger rebound might be seen. But upside should be limited by 55 D EMA (now at 1.3733) to complete the pattern. On the downside,
Daily Pivots: (S1) 0.7032; (P) 0.7053; (R1) 0.7079; More… AUD/USD bounces notably today but stays in range below 0.7146. Intraday bias remains neutral first. Consolidations could continue and deeper retreat cannot be ruled out. But downside should be contained above 0.6896 support. On the upside, above 0.7146 will resume larger up trend to 100% projection
