EUR/USD Analysis By zForex Research Team - 03.12.2025
Eurozone Spending Plans Boost Euro
The euro surged past $1.09, its highest in four months, gaining 5% since early March. This rally was driven by Eurozone plans to expand deficit spending, stimulating growth prospects. Germany pushed for a €500 billion infrastructure fund, while France and Italy supported joint EU funding for economic and military initiatives.
The ECB signaled a shift toward a less restrictive policy after last week’s rate cut, suggesting the easing cycle may be nearing its end. Meanwhile, US economic concerns pressured the dollar, further lifting the euro.
Key resistance is at 1.0950, followed by 1.1000 and 1.1050. Support stands at 1.0800, with further levels at 1.0730 and 1.0650.
Yen Analysis By zForex Research Team - 03.12.2025
Yen's Rise and the Risk of Currency Volatility
The Japanese yen strengthened to 147 per dollar on Tuesday, its highest in five months, as US recession fears drove investors to long-term trusted assets. Trump's reluctance to dismiss recession risks, along with trade policy uncertainty, added to yen demand.
Japan's economic outlook weakened as Q4 GDP growth was revised down to 2.2% from 2.8%, reflecting weak private consumption. Despite this, the BOJ is expected to keep rates steady in March, with potential hikes later. Finance Minister Shunichi Kato cautioned against excessive currency volatility amid the yen’s rapid gains.
Key resistance is at 149.20, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00.
Daily Analysis By zForex Research Team - 03.13.2025
Gold and Silver Gain on Fed Speculation
EUR/USD fell to 1.0880 amid US-EU tariff disputes but found support as US recession concerns weighed on the dollar.
The yen stabilized at 148 as BOJ rate hike expectations offset trade risks. Gold surged to $2,940, nearing record highs with weaker US inflation. GBP/USD climbed to 1.2960 as slowing inflation fueled Fed rate cut speculation. Silver extended its rally to $33.30.
GBP/USD Analysis By zForex Research Team - 03.13.2025
GBP/USD Climbs to 1.2960, Dollar Under Pressure
GBP/USD trades around 1.2960 in Thursday’s Asian session, extending gains for a third day as the US Dollar weakens with recession fears linked to Trump’s policies.
The dollar faces further pressure after February inflation slowed more than expected, raising speculation of an earlier Fed rate cut. Headline inflation fell from 0.5% to 0.2% monthly and from 3.0% to 2.8% yearly, while core inflation dropped to 0.2% monthly and 3.1% yearly. Markets now await US PPI and jobless claims data for further economic signals.
If GBP/USD breaks above 1.2980, the next resistance levels are 1.3050 and 1.3100. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
Gold Analysis By zForex Research Team - 03.13.2025
Lower US Inflation Drives Gold's Surge
Gold surged to around $2,940 per ounce on Thursday, nearing record highs as escalating trade tensions boosted safe-haven demand. Trump threatened more tariffs on EU goods after retaliatory measures from the EU and Canada, while Commerce Secretary Lutnick confirmed planned trade protections on copper.
Meanwhile, US inflation data came in lower than expected, easing concerns and giving the Fed more room for a less restrictive policy. However, the long-term impact of tariffs remains uncertain, with inflation risks still looming.
Key resistance stands at $2,955, with further levels at $2,980 and $3,000. Support is at $2,860, followed by $2,830 and $2,790.
Daily Analysis By zForex Research Team - 03.14.2025
Markets Eye Trade Tensions, Inflation as Gold Hits Record
Markets remain volatile as trade tensions and inflation concerns dominate sentiment.
The U.S. dollar strengthened amid renewed tariff threats from President Trump, while the euro slipped ahead of key economic data releases. Gold surged past $2,980, reaching a record high, as investors sought safe-haven assets amid growing expectations of Fed rate cuts. The yen weakened slightly but held near a five-month high, supported by speculation of future BOJ rate hikes. Meanwhile, silver hovered around $33.80, with softer U.S. inflation data keeping rate cut bets intact. Traders now focus on upcoming economic reports and central bank signals for further market direction.
EUR/USD Analysis By zForex Research Team - 03.14.2025
Euro Weakens Against USD Ahead of Key Economic Data
The EUR/USD pair declined to around 1.0835 during Friday’s Asian session, as the Euro (EUR) weakened against the US Dollar (USD) amid rising trade tensions between the U.S. and the European Union. Later in the day, market focus will shift to key economic releases, including Germany’s February Harmonized Index of Consumer Prices (HICP) and the preliminary Michigan Consumer Sentiment Index for March.
Key resistance is at 1.0950, followed by 1.1000 and 1.1050. Support stands at 1.0800, with further levels at 1.0730 and 1.0650.
Silver Analysis By zForex Research Team - 03.14.2025
Silver Holds Near $33.80 as Fed Rate Cut Bets Provide Support
Silver edged lower to approximately $33.80 during early Asian trading on Friday, losing momentum. However, the downside may remain limited, as softer U.S. consumer and producer inflation data could provide room for the Federal Reserve to consider an interest rate cut in June, offering some support for the metal.
Additionally, concerns over U.S. President Donald Trump's protectionist policies potentially pushing the world's largest economy into a recession could further support silver's appeal.
If silver breaks above $34.00, the next resistance levels are $34.85 and $35.00. On the downside, support is at $33.80, with further levels at $33.15 and $32.75 if selling pressure increases.
Daily Analysis By zForex Research Team - 03.17.2025
Markets React to US Inflation, Trade, and Rate Expectations
Markets reacted to trade tensions, monetary policy expectations, and economic data.
Gold hit a record $2,980, driven by risk aversion and Fed rate cut speculation. Euro neared $1.09 as Germany finalized debt reform, while the yen traded near five-month highs on BOJ rate hike expectations. The pound fell to $1.29 after UK GDP unexpectedly contracted, while silver surged to $33.90 on weak U.S. inflation data and rising trade tensions.
EUR/USD Analysis By zForex Research Team - 03.17.2025
Euro Climbs on German Deal, Awaits Fitch Rating
The euro climbed toward $1.09, nearing its highest since early November, as Germany agreed on debt reform and increased spending. Chancellor-elect Friedrich Merz secured a deal with the Green and Social Democrat parties ahead of next week’s parliamentary vote.
Markets await Fitch’s rating decision on France, which is due after Friday’s close. Meanwhile, trade tensions rose as Trump threatened a 200% tariff on European wines in response to the EU’s tax on American whiskey. On geopolitics, Trump called his talks with Putin on Ukraine “very good,” expressing optimism for a resolution.
Key resistance is at 1.0950, followed by 1.1000 and 1.1050. Support stands at 1.0800, with further levels at 1.0730 and 1.0650.
Gold Analysis By zForex Research Team - 03.17.2025
Gold's Record Week: $2,980 Milestone
Gold surged above $2,980 per ounce, hitting a record and heading for a 2% weekly gain as risk aversion and Fed rate cut expectations grew. Trump escalated trade tensions, threatening a 200% tariff on European wines after the EU's 50% tax on U.S. whiskey.
February's PPI and CPI data showed easing inflation, increasing Fed flexibility for rate cuts, and raising gold's appeal. Strong ETF inflows and continued central bank purchases, with China extending its buying for a fourth month, further supported prices.
Key resistance stands at 3000, with further levels at 3045 and 3100. Support is at 2980, followed by 2916 and 2885.
Daily Analysis By zForex Research Team - 03.18.2025
Gold Surges Past $3,000, Silver Rallies as Trade Risks Mount
Markets remain volatile as trade tensions and central bank policies drive investor sentiment. Gold soared past $3,000 per ounce, hitting a record high amid Fed uncertainty and geopolitical risks, while silver surged to its highest since October. The U.S. dollar held steady as traders awaited key economic data, while EUR/USD slipped on U.S.-EU tariff concerns. The yen weakened ahead of the BoJ meeting, and the pound remained near four-month lows as BoE rate hold expectations weighed on sentiment.
GBP/USD Analysis By zForex Research Team - 03.18.2025
Pound Steady Near Four-Month Low Amid BoE Rate Hold Expectations
The pound traded at $1.294, near a four-month low, as investors awaited the BoE's Thursday decision. The central bank is expected to hold rates at 4.5%, balancing weak growth and inflation risks. Despite forecasts for 2025 rate cuts, none are expected now. The UK labor market is weakening, with unemployment set to hit 4.5% and wage growth slowing. Markets also await Chancellor Reeves’ Spring Statement on March 26 for economic updates. In trade talks, the UK is taking a softer stance with the US than the EU.
If GBP/USD breaks above 1.3050, the next resistance levels are 1.3100 and 1.3150. On the downside, support stands at 1.2860, with further levels at 1.2800 and 1.2715 if selling pressure increases.
USD/JPY Analysis By zForex Research Team - 03.18.2025
Japanese Yen Hits Two-Week Low Before BoJ Meeting
The yen fell past 149.5 per dollar, a two-week low, ahead of the BoJ's policy decision. The central bank is expected to hold rates at 0.5% on Wednesday while assessing U.S. policy impacts. Despite a pause, rate hikes are anticipated later this year as rising wages and inflation support policy normalization. Major firms agreed to wage hikes for the third straight year, increasing consumer spending and inflation.
Key resistance is at 150.30, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00.
Daily Analysis By zForex Research Team - 03.19.2025
Markets Keep Cautious Ahead of Fed
Markets remain cautious ahead of the Federal Reserve’s rate decision, with investors closely watching Powell’s speech for policy guidance. ,
Gold continues to trade above $3,030 amid safe-haven demand, while silver approaches $34 on rising geopolitical tensions and trade uncertainties. The U.S. dollar holds firm, pressuring EUR/USD lower, while the yen weakens after the BoJ maintained its policy stance. Meanwhile, the British pound slipped as markets await the BoE’s decision on Thursday.
EUR/USD Analysis By zForex Research Team - 03.19.2025
EUR/USD Slips as Dollar Gains Ahead of Fed Decision
EUR/USD slipped to 1.0935 in the Asian session as the dollar rebounded ahead of the Fed’s rate decision. The Greenback gained support after stronger US data, with industrial production rising 0.7% in February, beating the 0.2% forecast.
The Fed is expected to hold rates steady, with focus on Powell’s press conference and the dot plot for policy signals. In Europe, Germany’s parliament approved a major spending plan, unlocking billions for investment to revive its struggling economy.
Key resistance is at 1.0950, followed by 1.1000 and 1.1050. Support stands at 1.0880, with further levels at 1.0800 and 1.0730.
Gold Analysis By zForex Research Team - 03.19.2025
Safe-Haven Demand Keeps Gold Near $3,030
Gold held near a record $3,030 as investors sought safety amid geopolitical and trade tensions. Israel launched its deadliest Gaza strike since the ceasefire, calling it "only the beginning.
Putin agreed to halt attacks on Ukraine’s energy infrastructure but rejected Trump’s 30-day ceasefire proposal. Trade tensions persist, with new US tariffs set for April 2.
Markets now await the FOMC decision, with Powell’s speech expected to provide monetary policy insights. Gold has surged over 15% this year.
Key resistance stands at $3045, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.
Daily Analysis By zForex Research Team - 03.20.2025
Markets Remain Cautious as Fed Reaffirms Rate
Markets remain cautious as traders digest the Federal Reserve’s reaffirmed plan for two rate cuts in 2025 while uncertainty surrounds the European Central Bank’s policy path.
EUR/USD dipped toward 1.0900 despite Germany’s fiscal reforms, while the yen strengthened past 148.5 per dollar on dollar weakness. Gold held near a record $3,050 amid safe-haven demand and trade tensions, while silver stayed elevated near $33.60. Investors now shift focus to ECB President Lagarde’s speech and the Bank of England’s policy decision.
EUR/USD Analysis By zForex Research Team - 03.20.2025
ECB Rate Cut Hopes Fade, EUR/USD Nears 1.0900
EUR/USD fell for a second day, nearing 1.0900 in the Asian session. The pair found support as the dollar weakened on falling Treasury yields after the Fed reaffirmed plans for two rate cuts. However, uncertainty over Trump’s tariff policies kept sentiment cautious.
In Europe, German lawmakers approved a debt plan by likely Chancellor Friedrich Merz to increase growth and defense spending. A shift from Germany’s conservative fiscal stance could drive inflation and influence ECB policy.
Investors await ECB President Lagarde’s speech on economic and monetary affairs in Brussels on Thursday.
Key resistance is at 1.0950, followed by 1.1000 and 1.1050. Support stands at 1.0880, with further levels at 1.0800 and 1.0730.
Yen Analysis By zForex Research Team - 03.20.2025
Dollar Weakens Post-Fed, Lifting Yen Beyond 148.5
The yen strengthened past 148.5 per dollar, rising for a second session as the dollar weakened after the Fed reaffirmed two rate cuts this year. Fed Chair Powell downplayed Trump’s tariffs as short-lived. The BoJ kept rates at 0.5% on Wednesday, adopting a cautious stance amid global risks, especially US tariffs. It also emphasized monitoring forex markets and their impact on the economy.
Key resistance is at 150.30, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00.
