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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
The EURUSD continues to trade within a prolonged sideways pattern, with early signs of bearish…
Short-term market activity continues to exhibit a sideways trend, oscillating within a range bounded by the closely positioned 55-day and 200-day moving averages at 1.0831 and the 100-day moving average at…
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Industrial production in Germany exceeded expectations in February, experiencing a notable increase.
In February, industrial production in Germany surged by 2.1% compared to the prior month, surpassing the anticipated 0.6% growth forecast. This robust performance follows a revised upward increase of 1.3% in the…
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Gold Surpasses $2300, Sets New Record High
Gold's Upward Trajectory Persists, Reaching a New Record High of $2354 in Monday's Early Trading Session, Following Last Week's 4% Gain, Marking a Bullish Signal with a Weekly Close Above the Psychological…
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Crude Oil Poised for Second Consecutive Weekly Increase Amidst Shrinking Supply Prospects
Oil prices continued their upward trajectory on Friday, poised for a second consecutive weekly gain. This surge was underpinned by escalating geopolitical tensions in the Middle East, concerns surrounding a tightening supply, and optimistic…
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USDJPY Trades in Extended Narrow Range Before Key US Labor Data
USD/JPY continues to hover within a two-week span, consolidating just below multi-year highs in the 151.90/152.00 range (peaking in October 2022, November 2023, and March 2024). The prolonged sideways movement,…
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AUDUSD Breaks Through Key Resistance at 0.6600 Zone with Strong Recovery
For the third consecutive day, AUDUSD surges, buoyed by a softer US dollar and discouraging US services PMI figures (released Wednesday).
Bullish momentum breaks through crucial resistance at the 0.6600…
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Bullish Momentum for GBPUSD Holds Above 200-Day Moving Average, Yet Faces Challenges from Thin Daily…
The British Pound's recent upward movement, known as "Cable," has been steady following the double bottom formation around 1.2540 (April 1st and 2nd lows). Currently, it is challenging a significant resistance level at 1.2674, marked by the…
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Dollar Index Lags Ahead of Crucial US Data Release
The dollar index continues its downward trend for the third consecutive day, retracting from its recent multi-week high of 104.83.
Bearish sentiment persists as fresh pressure weighs on critical support levels at 103.84/80, representing…
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Eurozone Inflation Dips, ECB Rate Cut Expectations Rise
In a surprising turn of events, inflation in the Eurozone took an unexpected downturn last month, fueling discussions about the European Central Bank's (ECB) contemplation of reducing borrowing costs from their current historic highs.…
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USDTRY: possibility of a more significant correction occurring
The USDTRY pair continues to face downward pressure, testing the lower boundary of its recent consolidation range around the 31.800 mark.
Indicators on the daily chart are hinting at the possibility of a deeper correction, reminiscent of…
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