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Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 29 April 2025. EURUSD forecast On the H4 chart, EURUSD continues to develop a consolidation range around 1.1360. Today, 29 April 2025, the range may expand towards 1.1455. Afterwards, a downward wave towards 1.1280 is likely, […]
S&P 500 index: ⬆️ Buy – S&P 500 index broke key resistance level 5500.00 – Likely to rise to resistance level 5700.00 S&P 500 index recently broke the key resistance level 5500.00 (former support from March, which also stopped A-wave of the active ABC correction B from the start of April). The breakout of the […]
Netflix : ⬆️ Buy – Netflix broke key resistance level 1063.40 – Likely to rise to resistance level 1150.00 Netflix recently broke the key resistance level 1063.40 (former multi-month high from February, which stopped the B-wave of the previous ABC correction (B)). The price just broke the resistance trendline of the weekly up channel from October – which […]
While the USDJPY rate is strengthening, the currency pair remains under pressure, currently trading at 142.43. Discover more in our analysis for 29 April 2025. USDJPY forecast: key trading points Investor attention is focused on the upcoming Bank of Japan meeting The BoJ is expected to keep its interest rate at 0.5% USDJPY forecast for […]
The EURUSD pair is hovering around 1.1387 on Tuesday. Risks of a US trade war weigh against the US dollar. Find out more in our analysis for 29 April 2025. EURUSD forecast: key trading points The EURUSD pair is poised to resume growth due to US trade risks China states it is not holding talks […]
The price of crude oil was down by about 3% so far this week, having encountered sellers’ resistance at $63 for WTI. A week earlier, the resistance was at $64/bbl. In early April, oil collapsed due to fears of a global slowdown due to tariffs (less demand) and OPEC+’s intention to raise production (more supply). […]