Latest Market News

Apr 24
EURUSD kicks off a new rally, US unemployment gives green light to the euro

A rise in US jobless claims may trigger growth in the EURUSD rate towards 1.1565. Find more details in our analysis for 24 April 2025. EURUSD forecast: key trading points US initial jobless claims: previously at 215 thousand, projected at 222 thousand US continuing jobless claims: previously at 1,885 thousand, projected at 1,880 thousand EURUSD […]

Apr 24
CADJPY Wave Analysis – 23 April 2025

CADJPY: ⬆️ Buy – CADJPY reversed from strong support area – Likely to rise to resistance level 104.00 CADJPY currency pair recently reversed from the strong support area between the long-term support level 101.60 (which stopped the sharp downtrend in August of 2024) and the lower daily Bollinger Band. The upward reversal from this support […]

Apr 24
USDJPY Wave Analysis – 23 April 2025

USDJPY: ⬆️ Buy – USDJPY reversed from the support area – Likely to rise to the resistance level 144.65 USDJPY currency pair recently reversed up from the support area between the long-term support level 140.00 (former multi-month low from September) and the lower daily Bollinger Band. The upward reversal from this support area stopped the […]

Apr 24
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 23 April 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 23 April 2025. EURUSD forecast On the H4 chart, EURUSD completed a decline to 1.1307 and corrected to 1.1396. Today, 23 April 2025, the market may decline further to 1.1295. A subsequent correction to 1.1426 is […]

Apr 24
Gold (XAUUSD) plummets – will the correction continue?

XAUUSD quotes pulled back from their all-time high of 3,500 USD and began to correct following signals of possible tariff relief for China from President Trump. Find out more in our analysis for 23 April 2025. XAUUSD forecast: key trading points Market focus: Trump says final tariffs on Chinese imports will be much lower than the […]

Apr 24
Nikkei 225 Wave Analysis – 23 April 2025

Nikkei 225: ⬆️ Buy – Nikkei 225 broke the resistance area – Likely to rise to resistance level 36355.00 Nikkei 225 index recently broke the resistance area between the pivotal resistance level 35000.00 (which stopped the previous correction 2, former strong support from September) and the 61.8% Fibonacci correction of the downward impulse from March. […]