Watch Jitan Solanki, Trade-Vest CEO, live as he tackles the forex markets and shows you what he's trading in his account. In today's session we focus on the current retracements and ranges we’ve experienced and how to capitalise as an intra-day and end of day trader. The 3 and 5 wave retraces mark some positive structures in the market, however, the fundamental landscape is changing. With a mixed bag of technicals and fundamentals what should we do? Tune in to find out!

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Editors’ Picks

USD/JPY holds above 155.50 ahead of BoJ policy announcement

USD/JPY holds above 155.50 ahead of BoJ policy announcement

USD/JPY is trading tightly above 155.50, off multi-year highs ahead of the BoJ policy announcement. The Yen draws support from higher Japanese bond yields even as the Tokyo CPI inflation cooled more than expected. 

USD/JPY News

AUD/USD extends gains toward 0.6550 after Australian PPI data

AUD/USD extends gains toward 0.6550 after Australian PPI data

AUD/USD is extending gains toward 0.6550 in Asian trading on Friday. The pair capitalizes on an annual increase in Australian PPI data. Meanwhile, a softer US Dollar and improving market mood also underpin the Aussie ahead of the US PCE inflation data. 

AUD/USD News

Gold price keeps its range around $2,330, awaits US PCE data

Gold price keeps its range around $2,330, awaits US PCE data

Gold price is consolidating Thursday's rebound early Friday. Gold price jumped after US GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the Fed could lower borrowing costs. Focus shifts to US PCE inflation on Friday. 

Gold News

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe announced on Thursday that it would add support for USDC stablecoin, as the stablecoin market exploded in March, according to reports by Cryptocompare.

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US economy: Slower growth with stronger inflation

US economy: Slower growth with stronger inflation

The US Dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from the 2.5% and 3.4% previously forecast.

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