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Following the release of Micron Technology’s Q2 fiscal 2025 report, the share price once again fell to the support level of 85 USD. On 20 March, Micron Technology, Inc. (NASDAQ: MU) reported stronger-than-expected financial results for Q2 fiscal 2025. Growth was primarily driven by robust demand for HBM chips used in AI data centres. Despite […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 9 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market formed a consolidation range around 1.0970 and, with an upward breakout, suggests a potential growth wave towards 1.1050. Today, 9 April 2025, this […]
Apple: ⬆️ Buy – Apple reversed from the support zone – Likely to rise to the resistance level 180.00 Apple earlier reversed up from the support zone surrounding the long-term support level 170.00 (which has been reversing the price since the end of 2023) – standing very far below the lower weekly Bollinger Band. The […]
EURGBP: ⬆️ Buy – EURGBP broke the resistance zone – Likely to rise to resistance level 0.8700 EURGBP currency pair recently broke through the long-term resistance zone located between the resistance levels 0.8625 (multi-month high from last August) and 0.8645 (strong resistance from April of 2024). The breakout of this resistance zone accelerated the c-wave […]
The EURUSD rate has surged above 1.1000 as market participants await today’s release of the latest US Federal Reserve meeting minutes. Discover more in our analysis for 9 April 2025. EURUSD forecast: key trading points Market focus: FOMC meeting minutes to be released during the US session today Current trend: bullish trend is underway EURUSD […]
The GBPUSD rate is correcting after rebounding from the 1.2855 resistance level. Find more details in our analysis for 9 April 2025. GBPUSD forecast: key trading points Markets fear a US recession, which may force the Fed to accelerate rate cuts According to BoE deputy governor, the impact of tariffs on UK inflation remains unclear […]