Research & Education
EURUSD Eyes Gains as ECB Prepares to Cut and Europe Boosts Spending
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.
Trade Tensions and Key Data Put USDCAD in the Spotlight
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 Bearish Pressure or Temporary Pullback?
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.
S&P 500 Rallies to New Highs as Bulls Maintain Control
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.
NZDUSD Rebounds Will the Uptrend Hold?
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.
British Pound Gains Amid Market Volatility
Global markets face shifting conditions as key data releases shape sentiment. Interest rate decisions from Australia and New Zealand, along with inflation reports from the UK and Canada, will offer insight into central bank policies. Meanwhile, U.S. unemployment claims and PMI readings will gauge labor market resilience.
The British pound has rebounded, driven by technical signals and unexpected Q4 growth. While bullish momentum persists, traders remain cautious amid investment slowdowns and inflation concerns. With economic uncertainty ahead, markets remain finely balanced between recovery and caution.
Crude Oil Under Pressure as Bearish Momentum Builds
Market sentiment remains fragile as key economic events, shifting supply dynamics, and technical signals shape the outlook. Crude oil has extended its decline, weighed down by growing inventories and macroeconomic uncertainty. While technical indicators suggest sustained bearish pressure, a decisive move below critical support could accelerate the downturn. At the same time, geopolitical developments and upcoming economic data may introduce volatility, influencing near-term price direction.
AUDUSD Rebounds as Markets Brace for Key Data and Tariff Tensions
This week brings several key economic updates that could influence market sentiment. U.S. CPI and Crude Oil Inventories are set for Wednesday, followed by UK GDP, Swiss CPI, and U.S. PPI and Unemployment Claims on Thursday. The week wraps up with U.S. Retail Sales on Friday. The Australian Dollar (AUD) has rebounded against the U.S. Dollar (USD) after a recent dip, supported by bullish technical signals. However, new U.S. tariffs and ongoing trade developments may add uncertainty, with markets keeping an eye on potential impacts for both the AUD and USD.
EURUSD Wavers on Tariff Turmoil
A series of key economic releases this week—including US CPI, UK GDP, and Swiss CPI—will likely influence currency markets, especially given the US dollar’s recent strength. On the technical front, EURUSD has seen a potential bullish reversal after a lengthy downtrend, highlighted by a long white candlestick. However, price remains below the 50-period EMA, with momentum indicators still showing weakness, suggesting downside risk persists. Fundamentally, the dollar has gained ground as tariffs imposed by President Donald Trump deepen trade uncertainties, sparking concerns about inflation and prompting traders to stay long on the greenback.
Pound Hits One-Month High Ahead of BoE Decision
Upcoming economic data, including the Bank of England’s rate decision and U.S. employment reports, could drive significant market moves. GBPUSD shows signs of a potential reversal after a prolonged downtrend, supported by strong momentum indicators but facing mixed price action.
The pound hit a one-month high as the dollar weakened on easing tariff tensions. Focus now shifts to the BoE’s expected rate cut and economic forecasts, which will be key in determining the pound’s next direction.