EUR/USD
BUY LMT ENTRY @ 1.1150 SL 1.1095 TP 1.1367
USD/JPY
SELL LMT ENTRY @ 120.50 SL 120.80 TP 118.70
GBP/USD
BUY LMT ENTRY @ 1.5690 SL 1.5300 TP 1.5540
USD/CHF
SELL LMT ENTRY @ 0.9280 SL 0.9343 TP 0.9180
EUR/JPY
SELL LMT ENTRY @ 133.92 SL 134.47 TP 133.25
EUR/GBP
BUY LMT ENTRY @ 0.7155 SL 0.7057 TP 0.7223
AUD/JPY
BUY LMT ENTRY @ 96.35 SL 95.80 TP 97.19
CHF/JPY
BUY LMT ENTRY @ 130.13 SL 128.25 TP 131.00
XAU/USD
SELL LMT ENTRY @ 1195 SL 1230 TP 1142
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Editors’ Picks
EUR/USD retreats below 1.0700 after US GDP data
EUR/USD came under modest bearish pressure and retreated below 1.0700. Although the US data showed that the economy grew at a softer pace than expected in Q1, strong inflation-related details provided a boost to the USD.
GBP/USD declines below 1.2500 as USD rebounds
GBP/USD declined below 1.2500 and erased the majority of its daily gains with the immediate reaction to the US GDP report. The US economy expanded at a softer pace than expected in Q1 but the price deflator jumped to 3.4% from 1.8%.
Gold holds near $2,330 despite rising US yields
Gold stays in positive territory near $2,330 in the second half of the day on Thursday. The benchmark 10-year US Treasury bond yield is up more than 1% on the day above 4.7% after US GDP report, making it difficult for XAU/USD to extend its daily rally.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
After the US close, it’s the Tokyo CPI
After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.