![My number one indicator for trading with simple strategy [Video]](https://editorial.fxsstatic.com/images/i/charts-01_Medium.jpg)
AUD/USD: Extra gains need to clear 0.6400
AUD/USD rose for the third day in a row, approaching the key 0.6400 resistance on the back of the acute pullback in the US Dollar amid mounting recession concerns and global trade war fear.
EUR/USD: Powell and the NFP will put the rally to the test
EUR/USD gathered extra steam and advanced to multi-month peaks near 1.1150, although the move fizzled out somewhat as the NA session drew to a close on Thursday.
Gold looks offered near $3,100
Prices of Gold remain on the defensive on Thursday, hovering around the $3,100 region per troy ounce and retreating from earlier all-time peaks near the $3,170 level, all against the backdrop of investors' assessment of "Liberation Day".
Interoperability protocol hyperlane reveals airdrop details
The team behind interoperability protocol Hyperlane shared their upcoming token airdrop plans happening at the end of the month. The airdrop will occur on April 22, and users can check their eligibility to receive $HYPER tokens via a portal provided by the Hyperlane Foundation by April 13, the team shared in a press release with CoinDesk.
DEEPER DIVE
Is light dawning for the Eurodollar? BRANDED
Economists have been predicting that President Trump’s new import tariffs could prompt the euro to fall to parity with the US dollar this year. The European Union’s (EUs) recent policy shift in favour of defence spending, however, renewed some belief in their economy and currency.
Brexit revisited: Why closer UK-EU ties won’t lessen Britain’s squeezed public finances
The UK government desperately needs higher economic growth as it grapples with spending cuts and potential tax rises later this year. A reset of UK-EU economic ties would help, and sweeping changes are becoming more likely.
The challenge of inflation: Five things to look out for
Inflation is no longer the No. 1 economic problem that it has been for the past three years, but it remains a major challenge. While it has not reached its 2% target yet, and the last pockets are slowly deflating, new inflationary pressures are mounting.
CRYPTOCURRENCIES
XRP Price Prediction: Bearish technicals, on-chain indicators signal 68% potential crash
XRP faces increasing bearish sentiment from macro, micro and fundamental factors in April. Weak on-chain indicators ranging from network growth, total supply and active addresses reinforce an impending crash.
Bitcoin Price Forecast: Tariff volatility sweeps over $200 billion from crypto markets
Bitcoin price hovers around $83,000 on Thursday after it failed to close above the $85,000 resistance level the previous day. Volatility fueled by Trump’s tariffs swept $200 billion from total market capitalization, liquidating over $178 million in BTC.
SOL is the winner as Solana chain turns into battleground for meme coin launchpad and DEX
Solana (SOL) gains nearly 2% in the last 24 hours and trades at 118.28 at the time of writing on Thursday. A Decentralized Exchange (DEX) and a meme coin launchpad built on the Solana blockchain have waged a war for users and compete for the trade volume on the chain.
STOCKS
Tesla stock recovers, then rallies despite Q1 delivery 'disaster' Premium
Tesla (TSLA) stock is having a bipolar day in the markets on Wednesday. First, shares of the US electric vehicle (EV) leader got trounced on news that deliveries in the first quarter hit their lowest level in three years.
Trump lays out his reciprocal tariffs on all countries, as stocks remain spooked
President Trump announced his reciprocal tariff rates. The baseline tariff rate is 10%, with rates varying for each country depending on how they levy tariffs on US imports.
WEEKLY FORECAST
EUR/USD: US Dollar to fall further despite ruling uncertainty Premium
The EUR/USD pair remained under selling pressure for a second consecutive week but ended it little changed at around 1.0820. The US Dollar (USD) remained trapped between tariff-related concerns and tepid US data, limiting its safe-haven condition.
GBP/USD: Pound Sterling braces for Trump’s tariff wave Premium
The Pound Sterling consolidated its correction from four-month highs against the US Dollar. President Trump’s tariffs and US Nonfarm Payrolls to offer fresh impetus to the GBP/USD pair. The GBP/USD’s bullish bias remains intact, as indicated by the daily technical setup.
US Dollar: Tariffs, jobs, and US economic jives Premium
A poor second half of the week left the US Dollar (USD) empty-handed, reversing the previous week’s advance despite hitting new three-week tops well north of the 104.00 barrier in the last couple of days, when measured by the US Dollar Index (DXY).
Gold: Trade war fears lift Gold to new record high Premium
Gold gathered bullish momentum and surged to a new record high above $3,080 on Friday after struggling to find direction at the beginning of the week. The unveiling of the US reciprocal tariffs and key macroeconomic data releases from the US could drive Gold’s valuation in the near term.
Bitcoin: BTC remains calm before a storm
Bitcoin's price has been consolidating between $85,000 and $88,000 this week. A K33 report explains how the markets are relatively calm and shaping up for volatility as traders absorb the tariff announcements. PlanB’s S2F model shows that Bitcoin looks extremely undervalued compared to Gold and the housing market.
Week ahead – US NFP and Eurozone CPI awaited as tariff war heats up, RBA meets
Trump’s reciprocal tariffs could spur more chaos. US jobs report might show DOGE impact on labour market. Eurozone inflation will be vital for ECB bets as April cut uncertain. RBA to likely hold rates; Canadian jobs, BoJ Tankan survey also on tap.
