Day: April 2, 2025

Apr 02
Triangle pattern on the chart: Gold (XAUUSD) poised for a sharp breakout

XAUUSD prices are consolidating, with sellers holding the 3,135 USD resistance level. Discover more in our analysis for 2 April 2025. XAUUSD forecast: key trading points Strong demand from central banks supports XAUUSD prices Expectations of Federal Reserve policy easing fuel interest in Gold Triangle pattern formation indicates price consolidation with a potential breakout to […]

Apr 02
EURUSD: economic storm on 2 April – what will Lagarde and Trump say, and how will it hit the dollar

Speeches by the ECB head and the US President may boost the EURUSD pair to 1.0880. Find out more in our analysis for 2 April 2025. EURUSD forecast: key trading points ADP nonfarm employment change in the US: previously at 77 thousand, projected at 118 thousand ECB President Christine Lagarde will deliver a speech US […]

Apr 02
Nike in crisis? Investors panic after disastrous report

A decline in revenue and a weak outlook for the next quarter put pressure on Nike stock. Nike’s Q3 fiscal 2025 report revealed a significant drop in revenue due to sluggish demand in key markets such as China and mounting price pressures, leading to weak guidance for the next quarter. Investors reacted negatively to the […]

Apr 02
USDJPY seeks direction as investors weigh risks

The USDJPY pair is consolidating around 149.75. The market is closely watching the trajectory of the US dollar. Find more details in our analysis for 2 April 2025. USDJPY forecast: key trading points The USDJPY pair remains in consolidation The market avoids risk-taking while waiting for the first signals from the new round of US […]

Apr 02
GBPUSD coils like a spring ahead of ADP data

The GBPUSD rate is consolidating within the 1.2850-1.3000 range as market participants are awaiting today’s US employment data from ADP. Discover more in our analysis for today, 2 April 2025. GBPUSD forecast: key trading points Market focus: US labour market data from ADP will be published during today’s American session Current trend: consolidating within a […]

Apr 02
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 2 April 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 2 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a downward wave to 1.0784 and a correction to 1.0825. Today, 2 April 2025, the decline could continue to 1.0770. If this […]