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The AUDUSD pair slipped to 0.6425 on Friday. Weak economic data suggests the RBA may continue cutting interest rates. Discover more in our analysis for 30 May 2025. AUDUSD forecast: key trading points The AUDUSD pair declined following the release of weak economic data Retail sales fell by 0.1% in April after a 0.3% rise […]
Gold (XAUUSD) prices dropped to 3,270 USD. The easing of tariff risks has dampened demand for safe-haven assets. Discover more in our analysis for 29 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) quotes are falling for the third consecutive day as risk appetite grows Strengthening of the US dollar adds to pressure on […]
Bitcoin: ⬇️ Sell – Bitcoin broke daily up channel – Likely to fall to support level 105,000.00 Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May. The breakout of this up […]
GBPJPY: ⬇️ Sell – GBPJPY reversed from the key resistance level 196.00 – Likely to fall to support level 193.00 GBPJPY currency pair recently reversed down from the key resistance level 196.00(which has been reversing the price from March) intersecting with the upper daily Bollinger Band. The downward reversal from this resistance level 196.00 created […]
The EURUSD pair came under pressure following a US Trade Court ruling and the release of the latest FOMC meeting minutes. Find out more in our analysis for 29 May 2025. EURUSD forecast: key trading points Market focus: the US Court of International Trade blocked President Donald Trump’s tariffs Current trend: correcting downwards EURUSD forecast for […]
A sharp drop in US GDP and a rise in initial jobless claims may push the USDJPY pair lower towards the 144.70 level. Find more details in our analysis for 29 May 2025. USDJPY forecast: key trading points US Q1 GDP: previously at 2.4%, currently at -0.3% US initial jobless claims: previously at 227 thousand, […]