US STOCK INDICES FUTURES EXTENDED GAINS WHILE GOLD (XAU/USD) RECENT LOSSES FOUND SUPPORT AT THE 20-DAY MA In the Asian session on Friday, US stock index futures reversed early losses. The S&P 500 and Nasdaq 100 E-mini futures initially fell 0.4% and 0.3%, respectively, following
NZD/USD APPRECIATES TO NEAR 0.5950 AHEAD OF NONFARM PAYROLLS REPORT The NZD/USD pair is trading around 0.5950 during the early European hours on Friday, indicating a retracement from its recent losses. The pair is consolidating near the 0.5950 level, a key psychological support, as investors
USD/CAD PRICE FORECAST: TESTS 1.3800 SUPPORT AFTER PULLING BACK FROM NINE-DAY EMA The USD/CAD pair is trading around 1.3810 during early European hours on Friday, indicating a retracement from its previous gains. The daily chart reveals that the pair is attempting to break above a descending
GBP/JPY PRICE FORECAST The GBP/JPY currency pair has risen above the 193.00 level, reaching approximately 193.25 during the early European session on Friday. This upward movement is attributed to a weakening Japanese Yen (JPY) amid expectations that the Bank of Japan (BoJ) may pause its interest
AUD/JPY ADVANCES ABOVE 93.00 DUE TO EASING US-CHINA TRADE TENSIONS The AUD/JPY currency pair has risen above the 93.00 mark, trading around 93.20 during the Asian session on Friday. This upward movement marks its third consecutive day of gains. The Australian Dollar (AUD) is experiencing
EUR/GBP MOVES BELOW 0.8500 AS POUND STERLING RISES ON POTENTIAL UK-US TRADE AGREEMENT The EUR/GBP currency pair has dipped below the 0.8500 level, trading around 0.8490 during the Asian session on Friday. This movement follows two consecutive sessions of gains for the euro. The British
USD/CHF FLAT LINES NEAR 0.8290 AHEAD OF US NFP RELEASE The USD/CHF pair is trading flat around the 0.8290 mark during the Asian session on Friday, indicating a period of consolidation ahead of the upcoming US Nonfarm Payrolls (NFP) report. Traders are adopting a wait-and-see approach,
EUR/JPY EASES FROM YTD PEAK, UP A LITTLE AROUND 164.30 AHEAD OF EUROZONE CPI The EUR/JPY cross reached a fresh year-to-date high of 164.60–164.65 during the Asian session on Friday, building on the previous day's rally following the Bank of Japan'
EUR/USD MOVES AWAY FROM MULTI-WEEK LOW, RETAKES 1.1300 AHEAD OF EUROZONE CPI/US NFP The EUR/USD pair has attracted buyers during the Asian session on Friday, moving above the 1.1300 round-figure mark. This upward movement indicates a potential reversal from a three-day losing streak that saw
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GOLD PRICE (XAU/USD) EDGES LOWER TO TWO-WEEK LOW AMID Gold prices (XAU/USD) have declined to a two-week low near $3,235 during the early Asian session on Friday The easing of trade tensions between the US and its trading partners has reduced the demand for gold as a
GOLD AND SILVER TECHNICAL ANALYSIS: CORRECTION CONTINUES AS DOLLAR REBOUNDS FROM SUPPORT The recent pullback in gold and silver prices has been influenced by a stronger U.S. dollar and easing global trade tensions. Gold prices fell to a two-week low on Thursday, dropping 1.6% to $3,235.55
USD/INR SLUMPS ON INFLOWS AND US DOLLAR SALES The Indian Rupee (INR) has continued its rally, bolstered by substantial foreign portfolio inflows into Indian equities and increased US Dollar (USD) sales by local exporters hedging their receivables. Data from the National Securities Depository Limited (NSDL) indicates that foreign investors
USD/JPY RISES, BULLS AIM LARGER MOVE TOWARD 150.00 The USD/JPY pair has cleared significant resistance levels at 141.20 and 142.00, indicating a bullish trend. Short-term oscillators have shifted to a bullish configuration, with the RSI climbing above 50, signaling renewed buying interest and room for
NZD/USD RISES ABOVE 0.5900 AS NEW ZEALAND DOLLAR ADVANCES DUE TO IMPROVING SENTIMENT The NZD/USD pair is trading near 0.5930 during the Asian session on Friday, recovering from previous losses. Stronger-than-expected Chinese economic indicators, including GDP growth and retail sales, have positively impacted the New Zealand
USD/CHF SOFTENS TO NEAR 0.6400 AMID TARIFF UNCERTAINTY The USD/CHF currency pair has experienced a decline, trading around 0.6410 during the early European session on Wednesday, April 30, 2025. This movement is attributed to ongoing uncertainties surrounding global trade policies, particularly U.S. tariffs, which have
SILVER PRICE FORECAST: XAG/USD SLIDES BELOW $33.00; 200-PERIOD EMA ON H4 HOLDS THE KEY FOR BULLS Silver prices (XAG/USD) have experienced a notable decline, falling below the $33.00 mark during the Asian session on Wednesday, April 30, 2025. This movement has raised concerns among traders, particularly
GBP/USD BREAKS BELOW 1.3400 DUE TO STRONGER US DOLLAR AND BOE RATE CUT EXPECTATIONS The GBP/USD currency pair has declined below the 1.3400 level, trading around 1.3390 during the Asian session on Wednesday, April 30, 2025. This movement is attributed to a combination of a
AUD/JPY RISES ABOVE 91.00 FOLLOWING KEY ECONOMIC DATA FROM AUSTRALIA AND JAPAN The AUD/JPY currency pair has risen above the 91.00 level, trading around 91.30 during the Asian session on Wednesday, April 30, 2025. This upward movement is attributed to a combination of stronger Australian
NZD/USD REMAINS CONFINED IN A NARROW RANGE BELOW MID-0.5900s AFTER CHINESE PMIs The NZD/USD currency pair has been trading within a narrow range, hovering around the 0.5930 level during the Asian session on Wednesday, April 30, 2025. This subdued movement follows the release of China'
USD/CAD HOLDS GAINS NEAR 1.3850 AS TRADE OPTIMISM SUPPORTS US DOLLAR The USD/CAD currency pair is maintaining its upward momentum, trading near 1.3850 during the Asian session on Wednesday, April 30, 2025. The pair's strength is attributed to renewed optimism surrounding US-China trade developments,
USD/INR STRENGTHENS AMID ESCALATING INDIA-PAKISTAN TENSIONS The Indian Rupee (INR) experienced significant volatility on Wednesday, pressured by escalating geopolitical tensions between India and Pakistan. The INR weakened as concerns grew over potential military escalation and its impact on the economy. On April 29, 2025, the Indian rupee saw significant
