Latest Market News
NZDUSD: ⬆️ Buy – NZDUSD reversed from support zone – Likely to rise to resistance level 0.5820 NZDUSD currency pair recently reversed from the support zone between the key support level 0.5530 (which has been reversing the price from January) and the lower daily Bollinger Band. The upward reversal from the support level 0.5530 created […]
Weak US fundamentals could trigger a rally in Gold (XAUUSD) towards 3,185 USD. Discover more in our analysis for 10 April 2025. XAUUSD forecast: key trading points US Consumer Price Index (CPI) for March: previously at 2.8%, projected at 2.5% US initial jobless claims: previously at 219 thousand, projected at 223 thousand Current trend: moving […]
AMD: ⬇️ Sell – AMD reversed from resistance zone – Likely to fall to support level 80.00 AMD today recently reversed down from the resistance zone between the resistance level 95.40 (former support from the start of March, as can be seen below) and the 50% Fibonacci correction of the downer impulse wave from iii […]
Gold: ⬆️ Buy – Gold broke key resistance level 3150.00 – Likely to rise to resistance level 3200.00 Gold today broke above the key resistance level 3150.00 (which stopped the previous impulse wave I at the start of April, as can be seen below). The breakout of the resistance level 3150.00 accelerated the active intermediate […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 10 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market continues forming a consolidation range around 1.0986. At the moment, the range has extended upwards to 1.1092. This growth can be considered a […]
The EURUSD rate is strengthening, with buyers testing the 1.1000 resistance level. Find out more in our analysis for 10 April 2025. EURUSD forecast: key trading points Investors remain cautious amid potential fallout from US economic policy The Fed expects to cut rates by 50 basis points before the end of 2025 The Stochastic Oscillator […]