Adam Lemon

Fundamental Analysis & Market Sentiment I wrote on 5 May that the best trade opportunities for the week were likely to be:

Forex Today: US stock indices rise on strong corporate earnings optimism, while gold and silver decline; Forex markets remain quiet with no major data releases.

My previous EUR/USD signal on 15 April was not triggered, as unfortunately the bullish price action took place just below the support level at $1.0611.

The US Dollar has continued to sell off slowly over recent hours, off the new lower resistance level at 105.28.

Markets are keenly awaiting US CPI data which will be released later today, expecting a decline in the annualized rate from 3.5% to 3.4%.

Precious Metals Today: Silver and Gold show bullish trends with potential long trades for Silver above $28.80 and Gold from $2355, as markets await US CPI data.

My previous BTC/USD signal last Thursday could have produced a profitable long trade from the bullish bounce off $60,765. Today's BTC/USD Signals

Yesterday's US CPI data release came in slightly lower than expected, with inflation increasing by only 0.3% over the month, triggering a risk-on rally which sent stocks to new record highs.

Explore AUD/USD Forex Signal Today: retreats from 4-month high after bullish move, with new resistance and support levels forming; cautious trading recommended.

The US Dollar has bounced back firmly since Tokyo opened today, after making a low at 103.67. The Yen the strongest currency so far today, followed by the US Dollar.