Week ahead: Tariffs and US Data in the spotlight
- Daily Analysis, Daily Report, Fundamental Analysis, Recent Posts, Technical Analysis, Trading E-Books, Trending Now
- April 27, 2025
Where we were It was a holiday-shortened week for many in the markets, as most financial centres closed their doors in observance of the Easter weekend. Despite this, and while everything could change with a social media post, there was a noticeable softening in the stance on trade between the US and China. As things
READ MOREThe FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Question mark on monthly resistance level for EUR/USD With the US dollar (USD) poised for lower terrain, this could underpin the euro (EUR) and call into question the reliability of resistance at US$1.1457 on the EUR/USD. If
READ MOREThe FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Despite long-term support, the dollar is eyeing deeper waters Monthly, Daily and H4 Timeframes: Although the US Dollar (USD) Index has connected with a monthly support area between 98.72 and 99.67, April’s lower low at 99.01 reached
READ MOREThe FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/GBP Downside Targets Call for Attention Monthly and Daily Timeframes: From the monthly timeframe of the EUR/GBP (euro versus the British pound), price has recoiled from support at £0.8229-£0.8315 and challenged trendline resistance from £0.9504. Complementing said
READ MORERisk-off sentiment dominated flow last week following US President Donald Trump’s reciprocal tariff announcement, an event he described as ‘Liberation Day’. However, while I cannot speak for everyone, many are not feeling so liberated, with forecasts for growth and inflation upended, as well as economists forecasting a possible global recession. The tariff announcement on 2
READ MOREThe FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: AUD/NZD Testing Area of Confluence; Further Selling? Daily Timeframe: Following the pullback from lows of N$1.0903 on 20 March in the AUD/NZD cross (Australian dollar versus the New Zealand dollar) – a move that also completed a
READ MOREAnother month has nearly passed, and just like that, we find ourselves in Q2 25. The week ahead promises to be eventful, with the majority of focus on US President Donald Trump’s so-called ‘Liberation Day’ on 2 April. Last week, moderate downside was observed in US Treasury yields and the US dollar (USD), and US
READ MOREThe FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD Eyeing US$1.07 Monthly, Daily, H1 Timeframes: With price action on the monthly timeframe rejecting the underside of the 50-month simple moving average (SMA) at US$1.0927 and daily price recently completing a double-top pattern from the lower
READ MORETomorrow welcomes the UK February CPI inflation print (Consumer Price Index) at 7:00 am GMT, followed by UK Chancellor Rachel Reeves claiming the spotlight with her Spring Statement. The Statement is expected to be announced around 12:30 pm GMT, following Prime Minister’s Questions. Inflation Expected to Cool Price pressures are still too high despite year-on-year
READ MOREThe FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Further Underperformance for the US Dollar Index? Monthly and Daily Timeframes: Down nearly 4.0% this month, the US Dollar Index demonstrates scope to navigate deeper waters on the monthly chart towards the 50-month simple moving average (SMA)
READ MOREVersus the US dollar, spot gold (XAU/USD) rallied strongly in the early hours of the US session and is now up 1.5% on the day. Currently trading at US$2,977 and refreshing record highs, the precious metal is on the cusp of bumping heads with the widely watched US$3,000 level. Gold’s Uptrend Remains Intact Although Gold’s
READ MOREThe FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD Shaking Hands with 50-Month SMA Monthly Timeframe: Following the announcement of Germany and the European Union’s notable fiscal expenditure plans, this has underpinned the euro (EUR) and European yields. Consequently, the EUR/USD (euro versus the US
READ MORE