Forex in South America: Growing Trend or Calculated Risk? Thursday, May 1st 2025 – 06:32 UTC Photo: Unsplash Latin America (South America) is experiencing unprecedented growth in forex trading. Is it a growing trend or a calculated risk? The numbers are saying it’s an exciting and growing trend, but it’s essential to understand

The forex market had a relatively slow second half of April, but recent price action hints at a more eventful start to May. In today’s Weekly Forex Forecast, I share the key levels and potential trade setups I’m watching on the DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD. Let’s get started! US Dollar Index (DXY) Forecast

Today we have the Amazon and Apple earnings, which follow positive results from Microsoft and Meta yesterday, with AMZN up after hours. Skerdian Meta•Thursday, May 1, 2025•4 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick overview Amazon and Apple

The USD/CAD forecast indicates a declining US economy. Private employment in the US was lower than expected in March. The US GDP report revealed that the economy contracted by 0.3%.  The USD/CAD forecast indicates a declining US economy, putting pressure on the Federal Reserve to lower interest rates in June. At the same time, Canada’s

Today’s Gold Analysis Overview: Gold’s General Trend: Tends to Form a Reverse Downward Channel Gold Support Points Today: $3,200, $3,145, and $3,090, respectively. Gold Resistance Points Today: $3,285, $3,340, and $3,400, respectively. Today’s gold trading signals update: Buy gold from the support level of $3,180, with a target of $3,285 and a stop loss of

EUR/USD Analysis Summary Today General Trend: Downwardly Tilt with a Break of 1.13 Today’s EUR/USD Support Levels: 1.1270, 1.1200, and 1.1135 respectively. Today’s EUR/USD Resistance Levels: 1.1375, 1.1420, and 1.1500 respectively. EUR/USD Trading Signals: Buy EUR/USD today from the support level of 1.1235 with a target of 1.1400 and a stop-loss at 1.1120. Sell EUR/USD

For two consecutive trading sessions, the British pound has retreated from its recent highs against the US dollar, but this weakness is likely temporary. The GBP/USD price is stabilizing around the support level of 1.3278 at the time of writing the analysis, giving up the gains of the sharp upward shift that reached the resistance

US Treasury’s upcoming currency report could provide hints on forex approach Containers at Shinseondae Port in Busan, April 30 (Yonhap) The chronic devaluation of the South Korean won is a subject of interest for both the Korean and US administrations — significant enough to be included in their high-stake trade negotiation. While Seoul and Washington

The USD/JPY outlook has turned bullish as the yen loses ground. The dollar rebounded on Thursday, as global trade tensions eased. US data in the previous session revealed a slowdown in the economy. The USD/JPY outlook has turned bullish as the yen loses ground after the Bank of Japan downgraded its outlook for growth. Meanwhile,

Market sentiment has improved following a deluge of data and earnings announcements on both sides of the Atlantic. In Europe, CPI updates from major eurozone economies came in stronger than expected, raising questions about the European Central Bank’s (ECB) ability—or immediate need—to continue cutting rates. The eurozone economy grew by 0.4% in Q1 – dim

Gold prices fell on Thursday after investors speculated that the Federal Reserve would cut interest rates following stagnant growth in the US economy in the first quarter. Olumide Adesina•Thursday, May 1, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”>

The USD/JPY is trading slightly down, stuck in a tight range, as growth concerns pressure the Dollar while weak Japanese data caps Yen strength. US GDP contracted by 0.3% in Q1, inflation slowed, and traders now see increased chances of Fed rate cuts; Trump renews criticism of Powell. Technical signals remain bearish, with multiple SMAs

Gold price retraces losses on Wednesday after US GDP turns negative. Traders sent Gold initially lower after President Trump signed an order to ease tariffs on car parts. Both daily resistances and supports for Gold are narrowing, signaling the increasing chances of a breakout, from a technical point of view.  Gold price (XAU/USD) is recovering

Created on April 30, 2025 The Euro was a bit negative during the trading session on Tuesday. Again, as we continue to see a lot of back and forth. The back and forth of course is a sign that the market is trying to work off some of that excess froth. At this point, the

Created on April 30, 2025 Gold markets have initially fallen a bit against the backdrop of a very choppy and sideways market. All things being equal, the gold markets have been very choppy over the last 4 to 5 sessions, which makes a certain amount of sense considering just how bullish and overall erratic behavior

Gold price holds in red for the second consecutive day and probes again through key $3300/$3292 zone (psychological / Fibo 38.2% of $2956/$3500 rally), where several recent attacks failed. The risk sentiment has weakened again on growing signs of de-escalation of US – China trade conflict (although still looking for confirmation that two sides are

Created on April 30, 2025 EUR/USD Analysis Summary Today Overall Trend: Still bullish. Today’s EUR/USD Support Levels: 1.1355 – 1.1280 – 1.1200. Today’s EUR/USD Resistance Levels: 1.1460 – 1.1500 – 1.1585. EUR/USD Trading Signals: Buy EUR/USD from the support level of 1.1280 with a target of 1.1410 and a stop-loss at 1.1190. Sell EUR/USD from

Created on April 30, 2025 Today’s Gold Analysis Overview: The overall Gold Trend: Bullish. Today’s Gold Support Levels: $3290 – $3240 – $3180 per ounce. Today’s Gold Resistance Levels: $3355 – $3400 – $3460 per ounce. Today’s gold trading signals update: Sell Gold/USD from the resistance of $3373, with a target of $3280 and a

As forex takes the spotlight, BProTrade’s proving it can lead traders through the shifts with precision. The forex market is buzzing with activity as 2025 unfolds, and BProTrade.io is stepping up to meet the moment. On Sunday, March 16, 2025, the EUR/USD pair surged 2% following hints from the European Central Bank (ECB) about potential

The GBP/USD forecast suggests a strong finish for the pound in April. The pound has had a strong month as the dollar collapsed due to Trump’s aggressive tariff policies.  Trump eased tariffs on automobiles, boosting the dollar.  The GBP/USD forecast suggests a strong finish for the pound in April, with a projected 3.8% gain against