Day: March 7, 2025
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 7 March 2025. EURUSD forecast On the H4 chart, EURUSD is forming a consolidation range around 1.0800. Today, 7 March 2025, the range is expected to extend downwards to 1.0750. Later, a growth wave towards 1.0800 […]
The EURUSD pair may continue its ascent to 1.0915 ahead of the Nonfarm Payrolls release. Find out more in our analysis for 7 March 2025. EURUSD forecast: key trading points Eurozone Q4 GDP: previously at 0.4%, projected at 0.1% Nonfarm Payrolls: previously at 143 thousand, projected at 159 thousand US unemployment rate: previously at 4.0%, […]
The USDJPY pair is hovering around 147.60 on Friday as the market needs safe-haven assets. Discover more in our analysis for 7 March 2025. USDJPY forecast: key trading points The USDJPY pair fell to its lowest level since 8 October 2024 The market is in dire need of safe-haven assets and favours the yen USDJPY […]
The USDCAD rate is undergoing a downward correction, falling to the area around 1.4300. Today, the market will focus on employment statistics from Canada and the US. Discover more in our analysis for 7 March 2025. USDCAD forecast: key trading points Market focus: the market is awaiting the US and Canadian employment data today Current […]
XAUUSD prices are declining on Friday, with the quotes currently at 2,909 USD. Find more details in our analysis for 7 March 2025. XAUUSD forecast: key trading points US Nonfarm Payrolls report for February A speech by Federal Reserve Chairman Jerome Powell XAUUSD forecast for 7 March 2025: 2,960 Fundamental analysis Despite the current correction […]
