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Day: April 7, 2025

Apr 07
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 7 April 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 7 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market reached the local downside target at 1.0877 and corrected to 1.1000. Today, 7 April 2025, another downward wave towards the first target of […]

Apr 07
USDJPY under pressure: Head and Shoulders signals a decline

The USDJPY rate is slightly strengthening, but sellers are aiming to break below the 145.65 support level. Find out more in our analysis for 7 April 2025. USDJPY forecast: key trading points Japan’s coincident index climbed to its highest level since September 2019 Consumer confidence in Tokyo fell to its lowest point since March 2023 […]

Apr 07
Gold (XAUUSD) briefly plummeted below 3,000 USD after Nonfarm Payrolls

XAUUSD quotes fell below the 3,000 USD level today following Friday’s robust US employment data. Find more details in our analysis for 7 April 2025. XAUUSD forecast: key trading points US Nonfarm Payrolls: previously at 151 thousand, currently at 228 thousand US unemployment rate: previously at 4.1%, currently at 4.2% Current trend: correcting downwards XAUUSD forecast […]

Apr 07
USDCAD: monetary policy pivot – one report could change everything for the CAD

Following the release of the Bank of Canada’s Business Outlook Survey, the USDCAD pair could continue its decline towards the 1.4150 support level. Discover more in our analysis for 7 April 2025. USDCAD forecast: key trading points Bank of Canada Business Outlook Survey CB Employment Trends Index: previously at 108.56, projected at 108.93 USDCAD forecast […]

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