Gold Intraday: look for 4580.
Pivot: 4695
Our preference: short positions below 4695 with targets at 4580 & 4540 in extension.
Alternative scenario: above 4695 look for further upside with 4750 & 4800 as targets.
Comment: as long as the resistance at 4695 is not surpassed, the risk of the break below 4580 remains high.
Supports and resistances:
4800
4750
4695
4676 Last
4580
4540
4485
https://charts.tradingcentral.com/charts/169_20260402232705.gif
Pivot: 4695
Our preference: short positions below 4695 with targets at 4580 & 4540 in extension.
Alternative scenario: above 4695 look for further upside with 4750 & 4800 as targets.
Comment: as long as the resistance at 4695 is not surpassed, the risk of the break below 4580 remains high.
Supports and resistances:
4800
4750
4695
4676 Last
4580
4540
4485
https://charts.tradingcentral.com/charts/169_20260402232705.gif
Crude Oil (WTI) (K6) Intraday: the bias remains bullish.
Pivot: 108.70
Our preference: long positions above 108.70 with targets at 113.00 & 117.00 in extension.
Alternative scenario: below 108.70 look for further downside with 106.50 & 103.70 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
120.00
117.00
113.00
111.93 Last
108.70
106.50
103.70
https://charts.tradingcentral.com/charts/174_20260402232426.gif
Pivot: 108.70
Our preference: long positions above 108.70 with targets at 113.00 & 117.00 in extension.
Alternative scenario: below 108.70 look for further downside with 106.50 & 103.70 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
120.00
117.00
113.00
111.93 Last
108.70
106.50
103.70
https://charts.tradingcentral.com/charts/174_20260402232426.gif
U.S. Labor Market Data
Average Hourly Earnings (m/m)
The reading came in at 0.2%, below expectations of 0.3%, and lower than the previous reading of 0.4%.
This indicates a slowdown in wage growth, which may help ease inflationary pressures in the coming period.
Non-Farm Employment Change
The data came in at 178K, significantly higher than expectations of 65K, and stronger than the previous reading of -92K.
This reflects a strong improvement in the U.S. labor market and suggests that the economy continues to create jobs despite ongoing challenges. It also supports expectations of relatively resilient economic activity.
Unemployment Rate
The unemployment rate was recorded at 4.3%, better than expectations of 4.4%, and lower than the previous reading of 4.4%.
The decline in unemployment reflects improved labor market conditions and increased hiring. It also supports consumer confidence and spending, though it may keep some inflationary pressures in place.
Average Hourly Earnings (m/m)
The reading came in at 0.2%, below expectations of 0.3%, and lower than the previous reading of 0.4%.
This indicates a slowdown in wage growth, which may help ease inflationary pressures in the coming period.
Non-Farm Employment Change
The data came in at 178K, significantly higher than expectations of 65K, and stronger than the previous reading of -92K.
This reflects a strong improvement in the U.S. labor market and suggests that the economy continues to create jobs despite ongoing challenges. It also supports expectations of relatively resilient economic activity.
Unemployment Rate
The unemployment rate was recorded at 4.3%, better than expectations of 4.4%, and lower than the previous reading of 4.4%.
The decline in unemployment reflects improved labor market conditions and increased hiring. It also supports consumer confidence and spending, though it may keep some inflationary pressures in place.
The March 2026 employment data, with an addition of 178K jobs, is considered the largest increase since April of last year.
EUR/USD intraday : the downside prevails as long as 1.1547 is resistance
Our pivot point is at 1.1547.
Our preference: the downside prevails as long as 1.1547 is resistance
Alternative scenario: above 1.1547, look for 1.1570 and 1.1584.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1538 and 1.1539).
Supports and resistances:
1.1584 **
1.1570 *
1.1547 **
1.1538
1.1526 last
1.1494
1.1480 **
1.1466 *
1.1452 **
https://charts.tradingcentral.com/charts/74_20260403154539.gif
Our pivot point is at 1.1547.
Our preference: the downside prevails as long as 1.1547 is resistance
Alternative scenario: above 1.1547, look for 1.1570 and 1.1584.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1538 and 1.1539).
Supports and resistances:
1.1584 **
1.1570 *
1.1547 **
1.1538
1.1526 last
1.1494
1.1480 **
1.1466 *
1.1452 **
https://charts.tradingcentral.com/charts/74_20260403154539.gif
📊 Click here to access the daily technical report, featuring technical analysis of approximately 20 financial instruments, including currencies, major stock indices, commodities, and metals!
5 Things to Know – April 6, 2026
📈 Asian markets moved higher today, with major indexes gaining over 1% as improving sentiment supported equities. The move shows how quickly markets can react to signs of easing uncertainty. Investors may continue watching for confirmation before extending gains.
🏭 Foxconn reported a strong jump in Q1 revenue, supported by continued demand linked to AI-related products. The results highlight how AI remains a key driver for growth in the tech supply chain. However, the company also pointed to ongoing volatility that could affect outlook.
🏦 Citigroup pushed back expectations for interest rate cuts following stronger labor market data. The shift suggests that policymakers may keep rates higher for longer if economic conditions remain firm. Markets may adjust expectations based on upcoming data releases.
🛢️ Oil prices extended their gains as supply concerns remained in focus alongside ongoing uncertainty. The move reflects how energy markets continue to price in risk. Prices may stay elevated if conditions do not stabilize.
🥇 Gold prices declined slightly as mixed signals influenced investor positioning. The move suggests some traders are reducing defensive exposure. Prices may remain sensitive to both sentiment and macro developments.
📈 Asian markets moved higher today, with major indexes gaining over 1% as improving sentiment supported equities. The move shows how quickly markets can react to signs of easing uncertainty. Investors may continue watching for confirmation before extending gains.
🏭 Foxconn reported a strong jump in Q1 revenue, supported by continued demand linked to AI-related products. The results highlight how AI remains a key driver for growth in the tech supply chain. However, the company also pointed to ongoing volatility that could affect outlook.
🏦 Citigroup pushed back expectations for interest rate cuts following stronger labor market data. The shift suggests that policymakers may keep rates higher for longer if economic conditions remain firm. Markets may adjust expectations based on upcoming data releases.
🛢️ Oil prices extended their gains as supply concerns remained in focus alongside ongoing uncertainty. The move reflects how energy markets continue to price in risk. Prices may stay elevated if conditions do not stabilize.
🥇 Gold prices declined slightly as mixed signals influenced investor positioning. The move suggests some traders are reducing defensive exposure. Prices may remain sensitive to both sentiment and macro developments.
In this weekly CFI article, learn about the most important things that the markets will be watching and what could affect them, specifically on Thursday and Friday.
For more details, click here
For more details, click here
EUR/USD intraday : the downside prevails as long as 1.1541 is resistance
Our pivot point is at 1.1541.
Our preference: the downside prevails as long as 1.1541 is resistance
Alternative scenario: above 1.1541, look for 1.1565 and 1.1579.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1525 and 1.1534).
Supports and resistances:
1.1579 **
1.1565 *
1.1541 **
1.1532
1.1520 last
1.1485
1.1471 **
1.1457 *
1.1444 **
https://charts.tradingcentral.com/charts/74_20260404030307.gif
Our pivot point is at 1.1541.
Our preference: the downside prevails as long as 1.1541 is resistance
Alternative scenario: above 1.1541, look for 1.1565 and 1.1579.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1525 and 1.1534).
Supports and resistances:
1.1579 **
1.1565 *
1.1541 **
1.1532
1.1520 last
1.1485
1.1471 **
1.1457 *
1.1444 **
https://charts.tradingcentral.com/charts/74_20260404030307.gif
USA-Weekly-Stocks-Report-06-04-2026-1775416756-2.pdf
1.1 MB
USA-Weekly-Stocks-Report-06-04-2026
EUR/USD intraday : target 1.1494
Our pivot point is at 1.1562.
Our preference: target 1.1494
Alternative scenario: above 1.1562, look for 1.1585 and 1.1599.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1.1548) but above its 50 period moving average (1.1530).
Supports and resistances:
1.1599 **
1.1585 *
1.1562 **
1.1553
1.1540 last
1.1508
1.1494 **
1.1480 *
1.1467 **
https://charts.tradingcentral.com/charts/74_20260406154531.gif
Our pivot point is at 1.1562.
Our preference: target 1.1494
Alternative scenario: above 1.1562, look for 1.1585 and 1.1599.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (1.1548) but above its 50 period moving average (1.1530).
Supports and resistances:
1.1599 **
1.1585 *
1.1562 **
1.1553
1.1540 last
1.1508
1.1494 **
1.1480 *
1.1467 **
https://charts.tradingcentral.com/charts/74_20260406154531.gif
5 Things to Know – April 7, 2026
📉 Asian markets traded in a narrow range today as investors remained cautious ahead of key developments, keeping sentiment balanced. The lack of strong direction shows that traders are waiting for clearer signals before making larger moves. Markets may stay range-bound in the short term.
📈 Samsung reported a sharp increase in Q1 profit, driven by strong demand for AI-related chips. The results highlight how the AI boom continues to support the semiconductor sector. Investors may keep focusing on companies benefiting from this trend.
🏭 LG Electronics flagged a strong rebound in Q1 profit, supported by solid demand for home appliances. The performance shows resilience in consumer-related sectors despite broader uncertainty. Markets may watch if this strength continues in coming quarters.
🪙 Bitcoin climbed above the $69,000 level as improving sentiment supported risk assets. The move suggests that traders are becoming slightly more confident. Crypto markets may remain sensitive to shifts in overall sentiment.
🥇 Gold prices fell for a third straight session as inflation concerns stayed in focus. The decline suggests that some investors are reducing defensive positions. Prices may continue reacting to both macro data and market sentiment.
📉 Asian markets traded in a narrow range today as investors remained cautious ahead of key developments, keeping sentiment balanced. The lack of strong direction shows that traders are waiting for clearer signals before making larger moves. Markets may stay range-bound in the short term.
📈 Samsung reported a sharp increase in Q1 profit, driven by strong demand for AI-related chips. The results highlight how the AI boom continues to support the semiconductor sector. Investors may keep focusing on companies benefiting from this trend.
🏭 LG Electronics flagged a strong rebound in Q1 profit, supported by solid demand for home appliances. The performance shows resilience in consumer-related sectors despite broader uncertainty. Markets may watch if this strength continues in coming quarters.
🪙 Bitcoin climbed above the $69,000 level as improving sentiment supported risk assets. The move suggests that traders are becoming slightly more confident. Crypto markets may remain sensitive to shifts in overall sentiment.
🥇 Gold prices fell for a third straight session as inflation concerns stayed in focus. The decline suggests that some investors are reducing defensive positions. Prices may continue reacting to both macro data and market sentiment.
📊 Click here to access the daily technical report, featuring technical analysis of approximately 20 financial instruments, including currencies, major stock indices, commodities, and metals!
EUR/USD Intraday: turning down.
Pivot: 1.1555
Our preference: short positions below 1.1555 with targets at 1.1515 & 1.1500 in extension.
Alternative scenario: above 1.1555 look for further upside with 1.1570 & 1.1585 as targets.
Comment: as long as 1.1555 is resistance, expect a return to 1.1515.
Supports and resistances:
1.1585
1.1570
1.1555
1.1533 Last
1.1515
1.1500
1.1480
https://charts.tradingcentral.com/charts/74_20260407060555.gif
Pivot: 1.1555
Our preference: short positions below 1.1555 with targets at 1.1515 & 1.1500 in extension.
Alternative scenario: above 1.1555 look for further upside with 1.1570 & 1.1585 as targets.
Comment: as long as 1.1555 is resistance, expect a return to 1.1515.
Supports and resistances:
1.1585
1.1570
1.1555
1.1533 Last
1.1515
1.1500
1.1480
https://charts.tradingcentral.com/charts/74_20260407060555.gif
Gold Intraday: the downside prevails.
Pivot: 4675
Our preference: short positions below 4675 with targets at 4615 & 4590 in extension.
Alternative scenario: above 4675 look for further upside with 4705 & 4730 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
4730
4705
4675
4642 Last
4615
4590
4555
https://charts.tradingcentral.com/charts/169_20260407085429.gif
Pivot: 4675
Our preference: short positions below 4675 with targets at 4615 & 4590 in extension.
Alternative scenario: above 4675 look for further upside with 4705 & 4730 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
4730
4705
4675
4642 Last
4615
4590
4555
https://charts.tradingcentral.com/charts/169_20260407085429.gif
EUR/USD Intraday: continuation of the rebound.
Pivot: 1.1535
Our preference: long positions above 1.1535 with targets at 1.1605 & 1.1625 in extension.
Alternative scenario: below 1.1535 look for further downside with 1.1515 & 1.1505 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.1650
1.1625
1.1605
1.1574 Last
1.1535
1.1515
1.1505
https://charts.tradingcentral.com/charts/74_20260407111010.gif
Pivot: 1.1535
Our preference: long positions above 1.1535 with targets at 1.1605 & 1.1625 in extension.
Alternative scenario: below 1.1535 look for further downside with 1.1515 & 1.1505 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.1650
1.1625
1.1605
1.1574 Last
1.1535
1.1515
1.1505
https://charts.tradingcentral.com/charts/74_20260407111010.gif
Crude Oil (WTI) (K6) Intraday: intraday support around 112.00.
Pivot: 112.00
Our preference: long positions above 112.00 with targets at 117.30 & 119.50 in extension.
Alternative scenario: below 112.00 look for further downside with 110.50 & 108.90 as targets.
Comment: the break above 112.00 is a positive signal that has opened a path to 117.30.
Supports and resistances:
122.00
119.50
117.30
112.80 Last
112.00
110.50
108.90
https://charts.tradingcentral.com/charts/174_20260407112628.gif
Pivot: 112.00
Our preference: long positions above 112.00 with targets at 117.30 & 119.50 in extension.
Alternative scenario: below 112.00 look for further downside with 110.50 & 108.90 as targets.
Comment: the break above 112.00 is a positive signal that has opened a path to 117.30.
Supports and resistances:
122.00
119.50
117.30
112.80 Last
112.00
110.50
108.90
https://charts.tradingcentral.com/charts/174_20260407112628.gif
Gold Intraday: continuation of the rebound.
Pivot: 4640
Our preference: long positions above 4640 with targets at 4705 & 4750 in extension.
Alternative scenario: below 4640 look for further downside with 4600 & 4585 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
4800
4750
4705
4687 Last
4640
4600
4585
https://charts.tradingcentral.com/charts/169_20260407112629.gif
Pivot: 4640
Our preference: long positions above 4640 with targets at 4705 & 4750 in extension.
Alternative scenario: below 4640 look for further downside with 4600 & 4585 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
4800
4750
4705
4687 Last
4640
4600
4585
https://charts.tradingcentral.com/charts/169_20260407112629.gif
