Market Overview - Page 22

Gold has experienced growth, reaching historical highs due to new tariff wars. Silver has also increased in value, testing multi-year turning level.

UK CPI was weaker than expected, with the annual rate slowing to 2.8%. This may lead to the BoE cutting interest rates sooner and poses a correction risk for GBPUSD.

US Consumer Confidence Index has dropped to a four-year low due to fears of tariff wars, with the expectations at their lowest levels in 12 years. This could signal a potential recession and may lead to rate cuts and a weaker dollar.

The crypto market is facing selling pressure near the 200-day moving average, but if it successfully overcomes it, it could confirm the continuation of the bull market. Bitcoin also faces resistance at the 50-day average.

Bitcoin pushed back from its 200-day low, with the crypto market capitalization rising to $2.86 trillion. Ethereum is showing gains and its available supply on trading platforms has decreased.

Big moves are brewing in the markets! 📉📈 The US Dollar is forming a bottom, Bitcoin is battling key resistance, and gold just hit record highs! But is this a breakout or a bull trap? 🤔 Get expert insights and.

The week ahead includes the release of the PMI business activity indexes for March, the UK inflation figures, and the release of personal income and household spending statistics. These data points will likely have an impact on the euro, pound, and dollar.

Gold has been in an uptrend, reaching record highs and offering growth opportunities. However, caution is advised due to current overboughtness, signaling potential for short-term rallies followed by a correction.

The major US indices have been rallying since the end of last week and gained even further ground this week following the FOMC’s post-interest rate decision comments. As we warned last week, oversold conditions in equity indices attracted buyers, and.

The US dollar is slowly forming a bottom after being oversold. Traders are advised to be patient and wait for the uptrend to be established.

Weak US retail sales are adding to concerns of a potential recession, putting pressure on equity markets and the dollar. However, the broader picture shows a modest increase in activity.

The Dow Jones rebound depends on the Federal Reserve's monetary policy and incoming data. It is at a critical point where a rebound or further decline is possible.