Day: April 9, 2025
Gold (XAUUSD) has climbed to 3,028 USD, with safe-haven demand continuing to drive the metal higher. Discover more in our analysis for 9 April 2025. XAUUSD forecast: key trading points Gold (XAUUSD) prices continue to recover following recent volatility Despite April’s dip, Gold (XAUUSD) quotes have gained 13% year-to-date XAUUSD forecast for 9 April 2025: […]
The upcoming FOMC minutes could significantly impact the USDJPY pair, driving it up to 146.50. Find out more in our analysis for 9 April 2025. USDJPY forecast: key trading points Japan’s Consumer Confidence Index: previously at 34.8, currently at 34.1 FOMC meeting minutes scheduled for release USDJPY forecast for 9 April 2025: 144.10 and 146.50 […]
Gold: ⬆️ Buy – Gold reversed from round support level 3000.00 – Likely to rise to resistance level 3100.00 Gold recently reversed up from the support area between the round support level 3000.00 (which stopped the earlier minor correction iv in the middle of March) and the lower daily Bollinger Band. This support area was […]
Silver: ⬆️ Buy – Silver reversed from the support zone – Likely to rise to resistance level 30.75 Silver recently reversed up from the support zone between the strong support level 28.80 (which formed Double Bottom at the end of December) and the lower daily Bollinger Band. The upward reversal from this support zone stopped […]
Following the release of Micron Technology’s Q2 fiscal 2025 report, the share price once again fell to the support level of 85 USD. On 20 March, Micron Technology, Inc. (NASDAQ: MU) reported stronger-than-expected financial results for Q2 fiscal 2025. Growth was primarily driven by robust demand for HBM chips used in AI data centres. Despite […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 9 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market formed a consolidation range around 1.0970 and, with an upward breakout, suggests a potential growth wave towards 1.1050. Today, 9 April 2025, this […]
Apple: ⬆️ Buy – Apple reversed from the support zone – Likely to rise to the resistance level 180.00 Apple earlier reversed up from the support zone surrounding the long-term support level 170.00 (which has been reversing the price since the end of 2023) – standing very far below the lower weekly Bollinger Band. The […]
EURGBP: ⬆️ Buy – EURGBP broke the resistance zone – Likely to rise to resistance level 0.8700 EURGBP currency pair recently broke through the long-term resistance zone located between the resistance levels 0.8625 (multi-month high from last August) and 0.8645 (strong resistance from April of 2024). The breakout of this resistance zone accelerated the c-wave […]
The EURUSD rate has surged above 1.1000 as market participants await today’s release of the latest US Federal Reserve meeting minutes. Discover more in our analysis for 9 April 2025. EURUSD forecast: key trading points Market focus: FOMC meeting minutes to be released during the US session today Current trend: bullish trend is underway EURUSD […]
The GBPUSD rate is correcting after rebounding from the 1.2855 resistance level. Find more details in our analysis for 9 April 2025. GBPUSD forecast: key trading points Markets fear a US recession, which may force the Fed to accelerate rate cuts According to BoE deputy governor, the impact of tariffs on UK inflation remains unclear […]
