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The USDJPY rate is slightly strengthening, but sellers are aiming to break below the 145.65 support level. Find out more in our analysis for 7 April 2025. USDJPY forecast: key trading points Japan’s coincident index climbed to its highest level since September 2019 Consumer confidence in Tokyo fell to its lowest point since March 2023 […]
XAUUSD quotes fell below the 3,000 USD level today following Friday’s robust US employment data. Find more details in our analysis for 7 April 2025. XAUUSD forecast: key trading points US Nonfarm Payrolls: previously at 151 thousand, currently at 228 thousand US unemployment rate: previously at 4.1%, currently at 4.2% Current trend: correcting downwards XAUUSD forecast […]
Following the release of the Bank of Canada’s Business Outlook Survey, the USDCAD pair could continue its decline towards the 1.4150 support level. Discover more in our analysis for 7 April 2025. USDCAD forecast: key trading points Bank of Canada Business Outlook Survey CB Employment Trends Index: previously at 108.56, projected at 108.93 USDCAD forecast […]
The EURUSD rate is strengthening, but sellers are holding the 1.1110 resistance level. Find out more in our analysis for 4 April 2025. EURUSD forecast: key trading points US services PMI fell to 50.8 points in March Investors await the US employment report, which may influence Fed rate expectations EURUSD forecast for 4 April 2025: […]
A decline in US Nonfarm Payrolls may boost XAUUSD quotes towards 3,160 USD. Discover more in our analysis for 4 April 2025. XAUUSD forecast: key trading points US Nonfarm Payrolls: previously at 151 thousand, projected at 137 thousand US unemployment rate: previously at 4.1%, projected at 4.1% Current trend: moving upwards XAUUSD forecast for 4 April […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 4 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a growth wave to 1.0970. A consolidation range formed around this level, and with an upward breakout, the wave extended to 1.1144. […]