MARKET OVERVIEW
Trump’s Tariff Decisions and Currency Trend Evaluation
President Donald Trump plans to impose 25% tariffs on imports from Mexico and Canada, citing insufficient measures to control undocumented migration and drugs. A 10% tariff on Chinese imports is also set, projected to generate $1.5 trillion by 2035. Currency pair strategies will be key as traders assess the forex impact.
Impact on Global Markets
Trump’s tariffs could extend beyond these measures, affecting multiple sectors, including steel, aluminum, copper, semiconductors, and pharmaceuticals. Best forex platform reviews suggest traders monitor key economic releases and policy shifts.
GOLD & SILVER
Gold remains bullish, holding above key support levels. RSI suggests normalization, while the MACD reflects growing bearish momentum. Capital growth strategies recommend caution before the FOMC decision. Silver consolidates between 30.6675 and 29.9000, with MACD showing increasing selling momentum. Quick profit methods may be effective in short-term trades.
DXY & GBPUSD
The Dollar surged, signaling increased demand. MACD shows rising volume, but RSI signals overbought conditions. Currency trend evaluation advises monitoring for a possible price reversal. The Pound is consolidating, with the MACD reflecting increased selling momentum. Currency pair strategies should prepare for potential sentiment shifts.
AUDUSD & NZDUSD
The Australian Dollar weakened following Trump’s tariff announcements, with MACD and RSI indicating bearish momentum. Capital growth strategies suggest further selling. The Kiwi is testing key resistance; a breach below could confirm a bearish trend. Quick profit methods favor short positions.
EURUSD & USDJPY
The Euro remains under selling pressure, struggling to break above resistance. RSI and MACD indicate rising bearish momentum. Best forex platform reviews highlight key levels to watch. The Yen gained strength after BOJ’s hawkish stance but faces resistance. Currency pair strategies will be crucial for risk management.
USDCHF & USDCAD
The Franc rebounded but remains under pressure, with RSI showing overbought conditions. The Canadian Dollar consolidates as markets await Trump’s final tariff decisions. Best forex platform reviews suggest potential trading opportunities in these developments.