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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 […]
USDCHF: ⬇️ Sell – USDCHF broke support zone – Likely to fall to support level 0.8200 USDCHF currency pair recently broke the support zone between the key support level 0.8400 (which reversed the price multiple times in August and September) and the support trendline of the daily down channel from February. The breakout of this […]
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 […]