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This week’s economic calendar features several high-impact U.S. releases—including PPI and unemployment claims on Thursday—plus Friday's UK GDP report, all of which could influence near-term price action. Technically, silver’s strong upward trajectory since December 19, marked by a failure swing reversal and a “Golden Cross,” underlines persistent bullish sentiment. Momentum indicators like the RSI and the oscillator above 100 further confirm buying pressure. A breakout above the 33.387 resistance could trigger a notable rally, although traders should also watch the identified downside support levels if selling pressure emerges. Fundamentals remain supportive, with softer U.S. inflation data bolstering industrial demand and compressing the Gold/Silver Ratio to its lowest point since the New Year.

As the global economic landscape continues to evolve, several key events and data releases this week are poised to impact the markets.  The US Consumer Price Index (CPI) and Producer Price Index (PPI) will offer insights into inflation trends, while the Bank of Canada's interest rate decision will be closely watched amid ongoing trade tensions.  Additionally, US unemployment claims and the UK's GDP figures will provide further indications of economic health.
In the technical analysis section, we'll delve into the recent performance of USDCAD, which has been on an upward trend since mid-February.  We'll also outline potential upside and downside targets for traders, along with a discussion on the fundamentals driving market sentiment.

This week, markets are set to react to a series of high-impact economic data releases, particularly from the U.S., Canada, and the UK.  Key events include the U.S. JOLTS job openings, CPI, and PPI data, along with unemployment claims, all of which could influence Federal Reserve policy expectations.  Additionally, the Bank of Canada's interest rate decision and the UK's GDP report will provide insights into economic growth trajectories and monetary policy directions.
From a technical perspective, GBPUSD has maintained an upward trajectory, advancing over 6.9% from its January low.  However, signs of potential exhaustion in bullish momentum raise the possibility of consolidation or a pullback.  Market participants will closely monitor upcoming data for confirmation of trends and possible shifts in sentiment.

This week’s important events include the ECB interest rate decision on Thursday, along with US unemployment claims and key labor data from both the US and Canada on Friday.
EURUSD has recovered strongly from its January low, supported by a combination of bullish technical signals.  These suggest the pair could continue higher, though traders will be watching key support and resistance levels closely.
On the fundamentals side, the ECB is expected to cut rates again as inflation slows and economic growth weakens. At the same time, Germany’s plans for higher defense spending reflect a broader shift toward investment in Europe, boosting confidence in the region’s economic outlook.

This week's market outlook unfolds amid heightened volatility, driven by escalating trade tensions following President Trump's confirmation of sweeping tariffs on Canadian and Mexican imports.  Meanwhile, key economic releases — including the US Non-Farm Payrolls report, ISM Services PMI, and Canada's Employment Change — will provide crucial insight into labor market conditions and overall economic health.  With USDCAD at a technical crossroads, traders will be watching both fundamental developments and key price levels to gauge the pair's next directional move.

Bitcoin has faced a sharp pullback from its all-time high, with technical indicators signaling a shift toward bearish momentum. A "Death Cross" double-crossover and weakening momentum indicators suggest further downside risks unless key support levels hold. Meanwhile, U.S. Bitcoin ETFs are experiencing record outflows, adding pressure to the market. However, some analysts see this as a temporary retreat rather than a full reversal, with institutional demand for crypto assets continuing to grow. Traders should remain vigilant as economic data and market sentiment evolve.

The financial markets continue to show resilience, with equities maintaining their bullish momentum and key indices reaching new highs.  The S&P 500 has extended its uptrend, supported by strong technical signals that reinforce positive market sentiment.  While momentum remains intact, traders are closely monitoring the price action for confirmation of further upside or potential retracements.  With market participants navigating shifting trends, attention remains on key technical levels that could define the next moves in price action.

As the week unfolds, economic data and central bank decisions will continue to shape market sentiment, influencing key currency pairs and broader financial trends.  The NZDUSD pair's technical outlook suggests a potential continuation of its upward momentum, while fundamental factors, including the RBNZ's rate cuts and inflation dynamics, add further complexity to the landscape.  With volatility expected to persist, traders should remain adaptable, closely monitoring price action and macroeconomic developments for emerging opportunities.