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Summary
Ed Ponsi discussed real-time, interactive technical and fundamental analysis of the Forex markets. View and analyze live charts and news, uncover opportunities for upcoming trades, and answer participant questions during webinar.
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AUD/USD: Extra consolidation appears on the cards
AUD/USD set aside a two-day recovery past the 0.6300 hurdle and came under pressure on Wednesday, always in response to US tariff fears and the marked bounce in the Greenback.

EUR/USD: Further downside could retest the 200-day SMA
EUR/USD accelerated its losses and retested lows near the 1.0740 zone on the back of the stronger US Dollar and persistent jitters surrounding potential tariffs on EU imports as soon as next week.

Gold remains slightly offered just above $3,000
Gold price struggles to gain traction as USD recovers despite firm support above $3,000 and cautious Fed tone. The US Dollar rebounds following reports of Trump auto tariff announcement. Solid Durable Goods data, Fed comments on sticky inflation limit upside for Bullion bulls.

Ethereum sees a downtick despite successful Pectra launch on Hoodi testnet
Ethereum is down 3% on Wednesday despite positive updates of the Pectra upgrade successfully going live on the Hoodi testnet. The top altcoin could sharply decline if it validates a bearish flag pattern by falling below $1,818.

Sticky UK services inflation shows signs of tax hike impact
There are tentative signs that the forthcoming rise in employer National Insurance is having an impact on service sector inflation, which came in a tad higher than expected in February. It should still fall back in the second quarter, though, keeping the Bank of England on track for three further rate cuts this year.

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