2025-04-26 15:58

The USD/JPY weekly forecast indicates improving risk appetite. The US said it was ready to lower tariffs on China to 50% and start negotiations. Market participants will focus on the Bank of Japan policy meeting. The USD/JPY weekly forecast is bullish as improving risk appetite weighs on the safe-haven yen, pushing the pair higher. Ups and downs of USD/JPY The USD/JPY pair had a bullish week as the dollar rebounded and the yen lost its safe-haven appeal. The greenback recovered as calm returned to most US markets. Trump halted his earlier attacks on the Fed, restoring faith in the central bank’s independence. If you are interested in automated forex trading, check our detailed guide- At the same time, trade tensions between China and the US eased. The US said it was ready to lower tariffs on China to 50% and start negotiations. Meanwhile, China was prepared to exempt some US goods from tariffs. As a result, recession concerns eased, boosting the dollar. At the same time, risk appetite improved, hurting the safe-haven yen. Next week’s key events for USD/JPY Next week, the US will release crucial figures on economic growth, business activity, and employment. Moreover, market participants will focus on the Bank of Japan policy meeting. Traders will focus on the US monthly employment report for signs of deterioration in the US economy. Experts believe Trump’s tariffs have hurt the US economy. Meanwhile, Fed policymakers are waiting for evidence of this. Therefore, a downbeat report will increase Fed rate cut expectations, pushing USD/JPY lower. Meanwhile, economists expect the Bank of Japan to keep interest rates unchanged on Thursday. USD/JPY weekly technical forecast: Bulls approach the 30-SMA resistance On the technical side, the USD/JPY price has rebounded after reaching the 140.01 support level. However, it still trades below the 22-SMA, indicating that bears remain in the lead. At the same time, the RSI is under 50, suggesting solid bearish momentum. If you are interested in guaranteed stop-loss forex brokers, check our detailed guide- Bears have maintained the downward trajectory since they took charge near the 158.05 key level. The price has mostly traded below the 22-SMA and the RSI below 50. Moreover, USD/JPY has consistently made lower highs and lows. If this trend continues, the price will respect the SMA as resistance and bounce lower. Even if it punctures the SMA, it will not go beyond the bearish trendline. A break below the 140.01 support will strengthen the bearish bias and continue the downtrend. Meanwhile, the trend can only change if the price breaks above the SMA and the resistance trendline. https://www.forexcrunch.com/blog/2025/04/26/usd-jpy-weekly-forecast-surging-risk-appetite-drags-yen-lower/

2025-04-26 15:56

The AUD/USD weekly forecast points north as the Aussie gains on trade deal hopes. Economists expect Australia’s inflation to accelerate by 0.8%. Next week, traders will focus on the NFP report. The AUD/USD weekly forecast points north as the Aussie gains on hopes of a US-China trade negotiation. Ups and downs of AUD/USD The AUD/USD pair had a bullish week as the Australian dollar rose on hopes for a trade deal between the US and China. However, a rebound in the dollar kept a lid on gains. If you are interested in automated forex trading, check our detailed guide- During the week, both the US and China assumed softer stances on tariffs, raising hopes for a trade deal between the two countries. As a result, the outlook for China’s economy brightened, boosting the Australian dollar. At the same time, the dollar recovered from its steep losses. Next week’s key events for AUD/USD Next week, market participants will focus on key economic releases from Australia, which will provide insight into the state of inflation in the country. Meanwhile, the US will release GDP, business activity, and employment data. Economists expect inflation to accelerate by 0.8%, a jump from the previous reading of 0.2%. A bigger-than-expected reading will lower RBA rate cut expectations. Meanwhile, a downbeat report will support current expectations for more cuts. In the US, traders will focus on the NFP report. Fed policymakers are waiting to see signs of economic weakness before starting to lower borrowing costs. AUD/USD weekly technical forecast: Bulls test the range resistance zone On the technical side, the AUD/USD price has paused near the 0.6400 key resistance level. It trades above the 22-SMA and the RSI is above 50, suggesting solid bullish momentum. However, for a long time, the price has been trading in a range between the 0.6200 support and the 0.6400 resistance. If you are interested in guaranteed stop-loss forex brokers, check our detailed guide- At the same time, there is support from the 0.236 Fib retracement. Meanwhile, on the upper side, the 0.5 Fib retracement acts as a solid resistance. Bears recently made a breakout, but it ultimately proved false as the price returned to the range area. If bulls are strong, the price will break above the range resistance zone. Such a move would allow AUD/USD to retest the 0.6603 level. Moreover, it would likely start a new bullish trend. On the other hand, if the resistance holds firm, the price will remain in consolidation. https://www.forexcrunch.com/blog/2025/04/26/aud-usd-weekly-forecast-aussie-gains-on-trade-deal-hopes/

2025-04-25 11:32

The USD/JPY price analysis indicates accelerating price pressures in Japan. Tokyo’s CPI increased by 3.4%, which is above forecasted to be a 3.2% increase. The dollar regained appeal as trade tensions between China and the US eased. The USD/JPY price analysis indicates accelerating price pressures in Japan, which may prompt the Bank of Japan to raise rates. However, policymakers remain concerned about the economic impacts of Trump’s tariffs. Meanwhile, easing trade tensions between China and the US supported the dollar. -Are you interested in learning about the forex indicators? Click here for details- The yen strengthened briefly on Friday after data revealed that inflation in Tokyo beat estimates. The CPI increased by 3.4%, above forecasts of a 3.2% increase. Moreover, it recorded a massive jump from the previous reading of 2.4%. Accelerating inflation aligns with the BoJ’s recent message of more rate hikes. However, Trump’s tariffs have created uncertainty about the timing of the timing of the next move. On the other hand, the dollar regained its appeal as trade tensions between China and the US eased. Both countries appear ready to lower tariffs and begin negotiations. The US has said it can lower tariffs on Chinese goods to 50%. Meanwhile, China is ready to exempt some US goods from tariffs. A deal to end the trade war would boost the dollar and ease economic worries. Meanwhile, the yen might lose its safe-haven appeal and drop. USD/JPY key events today Traders do not expect any high-impact economic releases from the US or Japan. Therefore, they will keep watching trade war developments. USD/JPY technical price analysis: Channel breakout signals new trend On the technical side, the USD/JPY price has broken out of its bearish channel. Immediately after the breakout, the price pulled back to retest the channel resistance and is now climbing higher. The channel breakout indicates a bullish shift in sentiment. The price now trades above the 30-SMA, and the RSI is above 50. Therefore, the bullish bias is strong. Bears had a strong lead, maintaining a downtrend, with the price mostly below the 30-SMA. However, they could not go past the 140.01 support level. Consequently, bulls took over by pushing the price above the SMA and past the channel resistance. Given the strong bullish bias, USD/JPY could soon retest the 145.02 resistance level. A break above this level will confirm a new uptrend. https://www.forexcrunch.com/blog/2025/04/25/usd-jpy-price-analysis-inflation-tariffs-complicate-boj-path/

2025-04-25 09:37

The GBP/USD outlook suggests robust consumer spending in the UK. UK consumer confidence plunged in April. The dollar regained its shine amid easing US-China trade tensions. The GBP/USD outlook suggests robust consumer spending in the UK. However, consumer confidence fell sharply in April due to the ongoing global trade wars. Meanwhile, the dollar remained strong as sentiment improved due to easing tensions between China and the US. -Are you interested in learning about the forex indicators? Click here for details- Data released on Friday showed that UK retail sales rose by 0.4%, contrary to initial estimates of a 0.3% decline. The jump was a sign that consumer spending was strong. However, analysts remain cautious about incoming data as they await the impact of Trump’s tariffs on the economy. The BoE governor said on Thursday that he expects a significant impact on growth, particularly from the US-China trade war. A separate report on Friday revealed that consumer confidence plunged in April. This is a sign that consumers are expecting difficult times ahead. Consequently, the pound remained muted. Meanwhile, the dollar regained its shine after reports revealed easing trade tensions between China and the US. On Friday, China announced that it was ready to exempt certain US goods, including medical equipment, from tariffs. On the other hand, top US officials have said they are willing to lower China tariffs to 50% and start negotiations. GBP/USD key events today Market participants do not expect any key releases from the US or the UK. Therefore, they will continue to digest the UK retail sales numbers. GBP/USD technical outlook: Decline pauses to retest the 30-SMA On the technical side, the GBP/USD price is caught between the 30-SMA and the 0.236 Fib retracement level. Bears have the upper hand because the price is below the SMA. Recently, sentiment shifted when the previous uptrend met the 1.3401 resistance. Here, bears overtook bulls and pushed the price below the 30-SMA. The decline paused at the 0.236 Fib, allowing GBP/USD to retest the recently broken SMA. If the SMA holds firm, bears will have to break below the Fib level and the 1.3200 support to confirm a new downtrend. On the other hand, if bulls are stronger, the price will break above the SMA to retest the 1.3401 resistance. A break above this level will strengthen the bullish bias, as it would result in a higher high. https://www.forexcrunch.com/blog/2025/04/25/gbp-usd-outlook-confidence-slips-despite-up-uk-retail-sales/

2025-04-24 09:52

The AUD/USD outlook paints uncertainty as traders weigh the impacts of Trump’s decisions. Analysts have downgraded the outlook for growth in China and the US. The US PMI report revealed weaker business activity. The AUD/USD outlook paints uncertainty as traders weigh the impacts of Trump’s decisions and comments on the global economy. Moreover, the Aussie lacked direction due to the dimming outlook for growth in the US and China. -Are you interested in learning about the forex indicators? Click here for details- The dollar rebounded recently after Trump retracted his comments about firing the Fed Chair. However, the rally had little impact on the AUD/USD price. Market participants are more focused on the impact of recent developments on the global economy. Analysts have downgraded the outlook for growth in China and the US due to the recent tariff war. Australia will suffer if the Chinese economy slows further, as it is its largest trading partner. Therefore, an escalation in the trade war will likely hurt the Australian dollar. However, the dollar will also fall in the event of a US recession. This will allow the Aussie to remain steady. Fortunately, recent comments from the White House have shown a willingness to lower tariffs on China. However, the US has said it will not be the first to move. If tariffs can come down, the two countries might work on a trade deal to end the war. Meanwhile, market participants watched the US PMI report, which revealed weaker business activity. The composite PMI fell from 53.5 to 51.5 as service sector business activity dropped. More downbeat data will increase pressure on the Fed to cut interest rates. AUD/USD key events today Unemployment Claims AUD/USD technical outlook: 0.6400 key resistance triggers sideways move On the technical side, the AUD/USD price trades in a tight range around the 0.6400 key psychological level. Initially, bulls were in the lead, keeping the price above the 30-SMA. However, bears are getting stronger and have punctured the SMA. At the same time, the RSI has punctured the 50 level, showing stronger bearish momentum. However, at the moment, price action can only be described as ranging. It is not making higher highs or lower lows, meaning bears and bulls are almost equally matched. If bears become stronger, AUD/USD will target the 0.6200 key level. On the other hand, if bulls regain momentum, the price will break above 0.6400 to make new highs and continue the uptrend. https://www.forexcrunch.com/blog/2025/04/24/aud-usd-outlook-caution-as-trump-fuels-economic-uncertainty/

2025-04-24 09:26

The GBP/USD forecast indicates a pause in the dollar’s relief rally. The dollar rose in the previous session as Trump reassured markets that he had no intention of firing Powell. Business activity in the US services sector declined, overshadowing the slight improvement in manufacturing activity. The GBP/USD forecast indicates a pause in the dollar’s relief rally as focus shifts back to the US economic slowdown. Meanwhile, business activity slowed in the US and the UK, showing the impact of Trump’s recent tariff campaign. -Are you interested in learning about the forex indicators? Click here for details- The pound paused its decline on Thursday as the greenback’s rally lost steam. Previously, the dollar rebounded as sentiment improved on the US economy. Notably, Trump stopped his attacks on the Fed Chair Powell. The president had accused Powell of being slow and threatened to fire him. Trump wants the Fed to continue cutting rates to support the weaker economy. However, Powell is waiting for more evidence that rates need to be lower. On Thursday, the dollar rose as Trump reassured markets that he had no intention of firing Powell. Additionally, sentiment improved after the White House hinted at a likely trade deal to lower tariffs on China. An end to the raging trade war would lift the cloud of uncertainty over the US economy. Market participants also focused on business activity data from the US and the UK. In the US, business activity in the services sector declined, overshadowing the slight improvement in manufacturing activity. Meanwhile, in the UK, service sector activity decreased, while manufacturing activity remained steady. GBP/USD key events today Unemployment Claims GBP/USD technical forecast: Decline pauses to retest 30-SMA On the technical side, the GBP/USD price has broken below the 30-SMA, indicating a shift in sentiment. At the same time, the RSI broke below 50, suggesting stronger bearish momentum. Previously, bulls were in the lead, and the price traded above the SMA. However, this changed when it met the 1.3401 resistance level. Here, bears emerged and pushed the price below the SMA. This breakout signals a likely bearish reversal. However, bears must show they can sustain a strong downtrend. To do this, the price must break below the previous low at the 1.3200 key support level. Such a move would make a lower low, confirming a downtrend. Moreover, to maintain the move, the GBP/USD price must continue to make lower highs and lower lows. https://www.forexcrunch.com/blog/2025/04/24/gbp-usd-forecast-dollar-dips-as-growth-worries-weigh/