Monthly Archives: March 2025

Caution surrounds the Bank of Canada meeting as USD/CAD falls towards 1.4400 during trading hours

Written on March 11, 2025 at 7:12 pm, by

USD/CAD declines to 1.4400 after 1.4470 high, impacted by US Dollar weakness and Trump’s tariff agenda.

Job openings reached 7.740 million, exceeding estimates, while the quits and vacancy rates increased

Written on March 11, 2025 at 6:47 pm, by

Job openings reached 7.740 million, quits rose to 2.1%, and hires remained steady at 5.4 million.

Near the upper boundary of its bullish channel, GBP/USD is struggling at approximately 1.2923

Written on March 11, 2025 at 6:41 pm, by

GBP/USD holds near 1.2923, facing resistance at 1.2975 amid overbought signals and economic downturn concerns.

US economic indicators show mixed results, with JOLTS data expected to reveal job openings increase

Written on March 11, 2025 at 6:17 pm, by

Dollar fell, Treasury yields rose, S&P 500 futures recovered, Bitcoin fluctuated, CPI report awaited, JOLTS slightly increased.

Recently, the S&P 500 dropped below December’s range, with potential support levels identified at 5520 and 5400/5370

Written on March 11, 2025 at 6:11 pm, by

The S&P 500 falls below its range and 200-day moving average, signaling potential further decline toward key support levels.

Nasdaq Futures have rebounded, but historical patterns suggest a potential trading range phase ahead

Written on March 11, 2025 at 5:47 pm, by

Nasdaq Futures recover 2.28% to 19,563; key resistance at 19,650–19,885; support at 19,215–19,493; monitor order flow.

Société Générale analysts highlight DXY’s downtrend, predicting support levels at 102.90/102.60 and 101.90

Written on March 11, 2025 at 5:41 pm, by

Dollar Index declines past 200-DMA, nearing 103.30 support; MACD remains negative, resistance at 105 if rebounding.

The Nasdaq is pressured; market anticipates Fed support amid inflation concerns and upcoming data releases

Written on March 11, 2025 at 5:17 pm, by

Nasdaq declines 14%, pressured by weak PMIs, inflation concerns, Fed uncertainty, trade policies, and technical resistance.

According to BBH analysts, AUD/USD is maintaining stability above its recent lower levels

Written on March 11, 2025 at 5:11 pm, by

AUD/USD stabilises. RBA monitors labour market. NAB survey mixed. Rate cuts of 75bps expected, starting May.

Crude oil futures rallied 1.87% after recent lows, with traders eyeing key resistance levels

Written on March 11, 2025 at 4:47 pm, by

Crude oil futures rally 1.87%, bearish trend persists. Contrarian short trade targets resistance, managing risk effectively.

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