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- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
GBPUSD dips after weak CPI data but remains without clear direction signals
GBPUSD fell to a two-week low on Wednesday following weaker-than-expected UK February inflation data, reinforcing expectations of a Bank of England rate cut in May.
Fresh losses are testing support at 1.2883 (20DMA / last Friday’s low),…
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EURUSD – Attempts to Rebound Above Key Fibonacci Support and 20DMA
EURUSD edged higher on Tuesday after a four-day pullback from its multi-month peak at 1.0954, where the rally stalled just below key Fibonacci resistance at 1.0969. The decline found temporary support at 1.0771, the 23.6% retracement of the…
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USDJPY – Bulls make another push towards the key 150 resistance level
USDJPY maintains a bullish tone, once again testing key resistance levels at 149.80/150.00 (bear-channel upper boundary/psychological) on Monday after facing a double rejection at 150 last week.
The technical outlook is improving on the…
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Gold – Critical $3000 Support Holds Amid Pullback from Record High
Gold remains range-bound at the start of the week but stays constructive above the key $3000 level (psychological support / 10DMA).
The recent pullback from the record high of $3057 found strong support at $3000, reinforced by Friday’s…
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EUR/USD – Bullish momentum fades, key support at the 1.0800 zone in focus
EUR/USD remains in the red for the second consecutive day on Thursday, extending its pullback from a fresh five-month high.
A double rejection below Fibonacci resistance at 1.0969 (76.4% retracement of the 1.1214–1.0177 downtrend) and…
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Gold – Shallow pullbacks expected as market positions for further gains
Gold retreats from its new all-time high of $3,057 on Thursday, as overbought daily conditions triggered partial profit-taking, while a stronger dollar added pressure on prices.
The metal surged past the $3,000 milestone after a period…
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Eurozone inflation increases less than anticipated in February
Data released on Wednesday revealed that eurozone inflation for February was revised down to 2.3% from the initial estimate of 2.4%, mainly due to adjustments in Germany’s figures.
This revision aligns with economists' expectations and…
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USD/JPY – Short-term recovery encounters resistance at the key 150 level
USD/JPY tested the key 150 barrier again early Wednesday, challenging the psychological level, the upper boundary of the bear channel, and the 30-day moving average. This move offset the initial bearish signal from Tuesday’s inverted…
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Gold reaches a new all-time high, poised to break firmly above $3,000
Gold surged past the $3,000 mark again on Tuesday, setting a new record high.
Escalating geopolitical tensions, fueled by renewed attacks in the Gaza region, a deepening political crisis between the US and the European Union, and growing…
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AUD/USD – Bulls Break Through Key Resistance Levels
AUD/USD climbed to a two-week high on Monday, extending gains amid a weaker dollar and renewed optimism following signals of China’s stimulus plan to boost domestic consumption.
Fresh bullish momentum has pushed the pair through the key…
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