Galsworthy

USD/JPY USDJPY remains constructive as bounce from multi-month low (139.88) holds above broken Fibo level at 142.55 (23.6% of 151.20/139.88 bear-leg, reinforced by 10DMA) for the third consecutive day. Safe haven yen benefited from the recent uncertainty over US trade tariffs and anticipated negativ

USD/CHF broke below its two-year range between 0.84 and 0.92 this month. USD/CHF hit a decade-low of 0.8040 on April 21 before recovering to 0.83 in the past two sessions. Before attempting to predict if USD/CHF has bottomed, it will be useful to revisit the previous episodes when USD/CHF hit even l

People's Bank of China (PBOC) Governor Pan Gongsheng said on Thursday, “there are no winners in trade wars and tariff wars.” Additional quotesUnilateralism and protectionism have no way out and are not in the interests of anyone.China will adhere to opening up.China firmly supports free trade rules

With the rapid advancements in digital technology, the trading models in financial markets are constantly evolving. Social trading tools are gradually becoming a favorite among investors, enabling both beginners and advanced traders to quickly enter the market by observing and copying the operations

In focus todayIn the US, the University of Michigan's preliminary consumer sentiment survey for April is set for release. The March edition revealed a significant decline in consumer sentiment, alongside soaring inflation expectations. Markets anticipate the index to decrease further from 57.0 to 55

Markets US President Trump on Wednesday announcing a pause in the roll‐out of reciprocal tariffs beyond the 10% base rate (expect for China) apparently wasn’t the game changer and confidence reset that the government hoped for. Yesterday’s price action indicated instead investors took it as an oppor

Trend Watch: Forex US Stock Futures Tumble as S&P 500 Dips Below 5,000 Amid Escalating Trade War U.S. stock index futures fell sharply on Tuesday night following a steep sell-off on Wall Street, with the S&P 500 closing below the key 5,000 level for the first time in nearly a year. The decli

AUD/USD trades around the 0.6000 region in Tuesday’s US session after trimming earlier losses within a volatile range.Renewed US-China tariff escalation stokes fears, but signs of global talks and Fed caution temper risk aversion.Mixed technical signals emerge; price trapped mid-range with bearish m