Day: March 5, 2025

Mar 05
EURUSD strengthens amid German economic initiatives

The EURUSD rate is rising, with buyers poised to test the 1.0655 resistance level. Find out more in our analysis for 5 March 2025. EURUSD forecast: key trading points The German government plans to revise borrowing rules Expectations of growth in the European economy will rise if defence spending increases further EURUSD forecast for 5 […]

Mar 05
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 5 March 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 5 March 2025. EURUSD forecast On the H4 chart, EURUSD formed a consolidation range around 1.0497 and broke upwards, executing a growth wave to 1.0635. Today, 5 March 2025, the potential of this wave has been […]

Mar 05
USDJPY forecast: the pair returned to around 150.00, with US ADP employment in focus

The USDJPY rate hit this year’s new low of 148.10 yesterday before retracing to 150.00. Market participants are awaiting US ADP labour market statistics today. Discover more in our analysis for 5 March 2025. USDJPY forecast: key trading points Market focus: market participants are awaiting US employment statistics for February today, with the ADP employment […]

Mar 05
GBPUSD continues to rise: the pound is not afraid of trade wars

The GBPUSD pair rose to 1.2794 on Wednesday, marking a new three-month high. Discover more in our analysis for 5 March 2025. GBPUSD forecast: key trading points The GBPUSD pair is hovering around a new three-month high of 1.2794 on Wednesday The UK was on the sidelines of the global trade confrontation, supporting the pound […]

Mar 05
Gold (XAUUSD) forecast: pressure on the US dollar persists

The decline in US economic indicators has an additional impact on XAUUSD quotes, pushing them closer to 2,950 USD. Find more details in our XAUUSD analysis for today, 5 March 2025. XAUUSD forecast: key trading points US ADP nonfarm employment change: previously at 183 thousand, projected at 141 thousand US services PMI: previously at 52.9, projected […]