Monthly Archives: April 2026
After breaking its channel, the DAX gaps higher, implying a five-wave advance and further gains ahead
Written on April 8, 2026 at 10:29 pm, by davin
DAX rebounds above price channel, tests 24,100–24,364 resistance; pullback possible before 25,000 target; 23,400 key support.
After Iran’s ceasefire, investors cut US dollar longs, pushing USD/CHF lower and strengthening bearish momentum
Written on April 8, 2026 at 10:29 pm, by davin
USD/CHF reversed below 0.8000 as Dollar weakened; break of trendline signals deeper pullback, key levels.
Improving risk mood and an ECB outlook lift the euro towards 1.17 as the dollar weakens
Written on April 8, 2026 at 10:00 pm, by davin
Dollar weakened on ceasefire optimism; euro neared $1.17, Brent $95, and US 10-year yields fell.
After US-Iran ceasefire, gold jumped 2% above USD4800, while traders monitored Hormuz tensions closely
Written on April 8, 2026 at 9:59 pm, by davin
Gold jumps 2% above $4,800 as US-Iran truce eases tensions; traders eye Hormuz shipping, PBoC buying.
Germany’s 10-year bond auction yield edged up to 2.92%, rising slightly from the prior 2.89%
Written on April 8, 2026 at 9:29 pm, by davin
Germany’s 10-year bond auction yield rose to 2.92%, a 0.03-point increase from the prior 2.89%.
EUR weakens as GBP outperforms; upbeat ceasefire-driven sentiment leaves EUR/GBP probing 0.8700 support level
Written on April 8, 2026 at 9:29 pm, by davin
EUR/GBP slid to 0.8700 as risk appetite improved after US-Iran ceasefire, lifting Pound over Euro.
Increased risk appetite and the RBNZ’s hawkish pause drove NZD/USD up over 2%, says BBH’s Haddad
Written on April 8, 2026 at 8:59 pm, by davin
NZD/USD surged 2% as RBNZ held OCR at 2.25% hawkishly; swaps price faster hikes despite ceasefire.
After two rising sessions, EUR/JPY slips towards 185.00, maintaining a bullish ascending-channel trend during European hours
Written on April 8, 2026 at 8:59 pm, by davin
EUR/JPY dips near 185.00 yet stays bullish in ascending channel; resistance 185.70, support 184.33 remains.
UOB’s Jester Koh says RBI kept the repo rate at 5.25% and maintained neutral, extended pause
Written on April 8, 2026 at 8:30 pm, by davin
RBI holds repo rate at 5.25%, keeps neutral stance; forecasts FY27 growth 6.9%, inflation 4.6%.
As expected, February Eurozone retail sales fell 0.2% monthly, following January’s revised flat reading
Written on April 8, 2026 at 8:29 pm, by davin
Eurozone retail sales dipped 0.2% in February; annual growth 1.7%, euro steady after Eurostat revision.
