Day: April 11, 2025
XAUUSD quotes confidently surged above 3,200 USD following Thursday’s US inflation data. Discover more in our analysis for 11 April 2025. XAUUSD forecast: key trading points US Consumer Price Index (CPI) for March: projected at 2.5%, currently at 2.4% US Producer Price Index (PPI) for March is in focus today Current trend: strong uptrend XAUUSD forecast […]
The US government’s decision to postpone new tariffs triggered a rally in global indices. Find out more in our analysis and forecast for global indices for 11 April 2025. US indices forecast: US 30, US 500, US Tech Recent data: US President Donald Trump suspended reciprocal tariffs for 90 days Market impact: investors were enthusiastic […]
Baidu: ⬆️ Buy – Baidu reversed from support zone – Likely to rise to resistance level 90.00. Baidu recently reversed from the support zone between the major long-term support level 78.60 (which has been reversing the price from the end of 2022) and the lower weekly Bollinger Band. The upward reversal from this support level 78.60 […]
USDCAD: ⬇️ Sell – USDCAD broke support zone – Likely to fall to support level 1.3800 USDCAD currency pair recently broke the support zone between the support level 1.4040 (which reversed the price sharply at the start of April, as can be seen below), 50% Fibonacci correction of the upward price move from September and […]
The USDJPY rate is correcting, but sellers are keeping the pair below the 144.45 resistance level. Find more details in our analysis for 11 April 2025. USDJPY forecast: key trading points Markets view easing US inflation as a sign the Federal Reserve may cut interest rates Traders are watching the progress of US-Japan trade talks […]
The EURUSD rate is testing the 1.1285 level and setting a new peak at 1.1383, with the market concerned about the impact of the US trade war. Find out more in our analysis for 11 April 2025. EURUSD forecast: key trading points The EURUSD pair hits a three-year high and shows no signs of slowing […]
USDJPY: ⬇️ Sell – USDJPY broke the support zone – Likely to fall to support level 141.65 USDJPY currency pair recently broke the support zone between the support level 144.60 (which stopped wave 1 at the start of April, as can be seen below) and the support trendline of the daily down channel from January. […]
Bitcoin: ⬆️ Buy – Bitcoin reversed from support zone – Likely to rise to resistance level 87785.00 Bitcoin cryptocurrency recently reversed from support zone between the support level 76685.00 (former low for wave (A) from the start of March, as can be seen below), lower daily Bollinger Band and the 61.8% Fibonacci correction of the […]
Australia’s PCSI decline and a potential increase in the US PPI may become a trigger for the AUDUSD rate, with quotes likely to continue their ascent to 0.6260 after a correction. Discover more in our analysis for 11 April 2025. AUDUSD forecast: key trading points Australia’s Thomson Reuters/Ipsos Primary Consumer Sentiment Index: previously at 52.39, […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 11 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a growth wave to 1.1155 and formed a consolidation range around this level. Today, 11 April 2025, having gained support at this […]
