Majors
EUR/USD: LONG AT 1.2370 FOR 1.2602; REVISE STOP AT 1.2335
USD/JPY: SELL 118.65 NOT FILLED, LOOK TO SELL
GBP/USD: POSSIBLY SELL
USD/CHF: LOOK TO SELL .9690/.9700
AUD/USD: SHORT AT .8566 FOR .8083, REVISED STOP AT .8309
USD/CAD: LONG AT 1.1435 FOR 1.1680; REVISE STOP AT 1.1530
Crosses
EUR/JPY: LOOK TO SELL REBOUNDS
EUR/GBP: SHORT AT .7919 FOR .7767; STOP AT .7989
EUR/CHF: SELL AT 1.2032 FOR 1.1971; STOP AT 1.2050
EUR/CAD: BUY AT 1.4415 FOR 1.4735; STOP AT 1.4350
GBP/JPY: POSSIBLY SELL
NZD/USD: LOOK TO SELL
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Editors’ Picks
EUR/USD steady below 1.0800 after US PCE meets expectations
EUR/USD remains depressed below 1.0800 after soft French inflation data, amid minimal volatility and thin liquidity on Good Friday. The pair barely reacted to US PCE inflation data, with the Greenback shedding some pips. Fed Chair Jerome Powell set to speak ahead of the weekly close.
GBP/USD hovers around 1.2620 in dull trading
GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next.
Gold price sits at all-time highs above $2,230
Gold price holds near a fresh all-time high at $2,236 in thinned trading amid the Easter Holiday. Most major world markets remain closed, although the United States published core PCE inflation, the Federal Reserve’s favorite inflation gauge.
Jito price could hit $6 as JTO coils up inside this bullish pattern
Jito (JTO) price has been on an uptrend since forming a local bottom in early January. Since then, JTO has revisited the key swing point formed in early December, suggesting the bulls’ intention to move higher.
Key events in developed markets next week
Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.