Monthly Archives: May 2025
After a failed breakout, AUDUSD declines, testing critical support levels and influencing market direction
Written on May 7, 2025 at 9:16 pm, by melody
AUDUSD retreats after failed breakout, testing key support near 0.6460; further losses may target 0.6428 level.
Crude oil stock changes in the US recorded -2.032M, exceeding forecasts of -2.5M
Written on May 7, 2025 at 9:11 pm, by melody
Crude oil inventories fell, US Dollar strengthened, gold dipped, crypto mixed, FOMC held rates steady.
Apple’s VP revealed potential AI integration in search browsers, affecting stock prices for Google and Microsoft
Written on May 7, 2025 at 8:45 pm, by melody
Apple considers AI in search, impacting market—Google drops 4.5%, Microsoft down slightly, NASDAQ also falls.
While markets dismiss the Fed’s impact, the US Dollar Index remains stable near 99.40
Written on May 7, 2025 at 8:41 pm, by melody
US Dollar Index steadies amid geopolitical tensions, Fed rate decision, with resistance near 100.22, support lower.
Crude oil inventories decreased by 2.032 million, while gasoline and distillates showed varied trends
Written on May 7, 2025 at 8:16 pm, by melody
Crude oil stocks fell more than expected; gasoline stocks rose unexpectedly; oil prices approach key averages.
As the Fed decision approaches, EUR/USD faces a critical juncture from conflicting economic indicators
Written on May 7, 2025 at 8:10 pm, by melody
EUR/USD consolidates near 1.1360; Fed decision and Eurozone data may trigger directional breakout soon.
USDCHF faces strong selling pressure below the moving averages, while resistance levels limit upward movement
Written on May 7, 2025 at 7:45 pm, by melody
USDCHF remains range-bound; selling pressure dominates below resistance, with key support between 0.8195–0.8212 holding firm.
Two decades prior, an insightful research highlighted that accumulation leads to uptrends, influencing price movements
Written on May 7, 2025 at 7:40 pm, by melody
Accumulation precedes uptrends; distribution precedes downtrends. Fibonacci levels guide targets for GDXJ, TRV, and ITB shifts.
The pair USD/JPY recovers towards 143.30, boosted by the Japanese Yen’s overall underperformance
Written on May 7, 2025 at 7:10 pm, by melody
USD/JPY rebounds as US-China trade talks ease tensions, weakening Yen’s safe-haven demand and boosting Dollar.
A provisional tariff list from the EU against the US will be revealed, conditional on talks
Written on May 7, 2025 at 6:45 pm, by melody
EU prepares €100 billion tariff list on US goods, including Boeing, pending trade talks and member approval.