NOKIA Wave Analysis – 29 April 2026

- NOKIA broke resistance area

- Likely to rise to resistance level 12.50

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Starbucks Wave Analysis – 29 April 2026

- Starbucks broke resistance area

- Likely to rise to resistance level 110.00

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⚠️ USA — FOMC Rate Decision at 03:00 GMT

✔️ Prev: 3.75%

🕒 Exp: 3.75%

🎯 Fact.: 3.75%

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⚠️ USA — FOMC Press Conference at 18:30 GMT

🗓 Economic Calendar at 2026/04/30 (GMT)

01:30 🇨🇳 Manufacturing PMI — Exp: 50.1 Actual: 50.3

01:30 🇨🇳 Non-Manufacturing PMI — Exp: 49.9 Actual: 49.4

01:45 🇨🇳 Markit Manufacturing PMI — Exp: 51.0 Actual: 52.2

07:55 🇩🇪 Unemployment Change — Exp: 4K Actual: 20K

07:55 🇩🇪 Unemployment Rate — Exp: 6.3% Actual: 6.4%

08:00 🇩🇪 Gross Domestic Product — Exp: 0.1% | 0.2% Actual: 0.3% | 0.3%

09:00 🇪🇺 Gross Domestic Product — Exp: 0.2% | 0.9% Actual: 0.1% | 0.8%

09:00 🇪🇺 Consumer Price Index — Exp: 3.0% Actual: 3.0%

09:00 🇪🇺 Consumer Price Index - Core — Exp: 2.2% Actual: 2.2%

11:00 🇬🇧 ⚡️ Bank of England Interest Rate Decision — Exp: 3.75% Actual: 3.75%

11:00 🇬🇧 ⚡️ MPC Official Bank Rate Votes — Exp: 1-0-8 Actual: 1-0-8

11:00 🇬🇧 ⚡️ Monetary Policy Summary

11:00 🇬🇧 ⚡️ BOE Monetary Policy Report

12:15 🇪🇺 ⚡️ ECB Interest Rate Decision — Exp: 2.15% Actual: 2.15%

12:15 🇪🇺 Deposit Facility Rate — Exp: 2.00% Actual: 2.00%

12:15 🇪🇺 Marginal lending facility — Exp: 2.40% Actual: 2.40%

12:15 🇪🇺 ⚡️ Monetary Policy Statement

12:30 🇺🇸 Unemployment Claims — Exp: 215K Actual: 189K

12:30 🇺🇸 ⚡️ Gross Domestic Product — Exp: 2.3% Actual: 2.0%

12:30 🇺🇸 Core Personal Consumption Expenditure — Exp: 4.1% Actual: 4.3%

12:30 🇺🇸 GDP Price Index — Exp: 3.8% Actual: 3.6%

12:30 🇺🇸 Employment Cost Index — Exp: 0.8% Actual: 0.9%

12:30 🇺🇸 ⚡️ Core PCE Price Index — Exp: 0.3% | 3.2% Actual: 0.3% | 3.2%

12:30 🇺🇸 Personal Spending — Exp: 0.9% Actual: 0.9%

12:30 🇨🇦 ⚡️ Gross Domestic Product — Exp: 0.2% | 1.0% Actual: 0.2% | 1.0%

12:45 🇪🇺 ⚡️ ECB Press Conference


[Updated in real time]

The crypto market is falling, but Doge is on the rise

The crypto market cap has fallen by 1.09% over the past 24 hours to $2.53 trillion. This marks the third consecutive day of a gradual market decline, which appears to be a technical shake-out rather than a trend reversal. Dogecoin (+3.3%) is once again leading the gains, along with Tron (+0.6%) and Aptos (+0.1%). Among the underperformers are Aave (−5.7%), Trumpcoin (−5.3%) and The Graph (−5.3%).

Bitcoin is leading the decline in cryptocurrencies, having switched to a sell-on-rally mode over the last three days. This is clearly visible in the intraday pattern of recent days, where a gradual rise has given way to a decline at roughly the same pace. If we view the latest move as a technical correction, its potential target appears to be the area around $74K, where the 61.8% Fibonacci retracement line lies. The March peak levels also lie here, reinforcing the significance of this level.

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The dollar welcomes Powell’s decision to stay on the FOMC

The Fed is more likely to raise rates than to cut them.

The market prices 2–3 hikes from the ECB and the BoE this year.

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⚠️ UK — Bank of England Interest Rate Decision at 03:00 GMT

✔️ Prev: 3.75%

🕒 Exp: 3.75%

🎯 Fact.: 3.75%

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⚠️ UK — MPC Official Bank Rate Votes at 03:00 GMT

✔️ Prev: 0-0-9

🕒 Exp: 1-0-8

🎯 Fact.: 1-0-8

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⚠️ EU — ECB Interest Rate Decision at 03:00 GMT

✔️ Prev: 2.15%

🕒 Exp: 2.15%

🎯 Fact.: 2.15%

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⚠️ USA — Gross Domestic Product at 03:00 GMT

✔️ Prev: 0.5%

🕒 Exp: 2.3%

🎯 Fact.: 2.0% 📉

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⚠️ USA — Core PCE Price Index at 03:00 GMT

✔️ Prev: 0.4% | 3.0%

🕒 Exp: 0.3% | 3.2%

🎯 Fact.: 0.3% | 3.2%

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⚠️ Canada — Gross Domestic Product at 03:00 GMT

✔️ Prev: 0.1% | 0.6%

🕒 Exp: 0.2% | 1.0%

🎯 Fact.: 0.2% | 1.0%

⚠️ EU — ECB Press Conference at 12:45 GMT

🇺🇸 US Pre-Market: Mixed 📊

The US stock market is seeing mixed trading in the pre-market, with a slight upward bias among the largest companies, particularly in the technology and retail sectors.

In the Information Technology sector, NVIDIA (NVDA) is up 0.57%, Intel (INTC) is up 2.02%, while Microsoft (MSFT) is down 0.91%.

In the Communication Services sector, Alphabet (GOOGL) is up 7.14%.

In the Financials sector, JPMorgan Chase (JPM) is down 0.39%, while Morgan Stanley (MS) is down 0.81%.

With stocks showing positive momentum — led by GOOGL and NVDA — dominating among the largest names by market cap, the pre-market reflects a cautious risk-on stance: interest in growth stocks remains, but is not universal. For the dollar, this implies a neutral backdrop: demand for safe-haven dollar assets is limited, but there is no clear sign of capital outflow from the US. In the near term, the dollar is likely to remain range-bound without pronounced momentum in either direction, reacting primarily to macroeconomic data.

🗓 Economic Calendar at 2026/05/01 (GMT)

13:30 🇨🇦 S&P Global Manufacturing PMI Actual: 53.3

14:00 🇺🇸 ⚡️ ISM Manufacturing PMI — Exp: 53.1 Actual: 52.7


[Updated in real time]

Weekly review: markets at highs, the Fed is bolstering USD, that creates headwinds for gold and Bitcoin

The US dollar has received positive news from the Fed, the oil market and the US economy. Jerome Powell is staying in the FOMC, Brent crude has surpassed $120 per barrel, and orders for durable goods excluding aircraft and military equipment jumped by 3.3% in March. This was the best reading for the leading indicator in the last six years.

Powell believes that the US labour market is stabilising, while inflation is set to accelerate due to the conflict in the Middle East. This combination provides a strong case for a rate hike. The futures market has raised the odds of such an outcome in 2026, playing into the hands of EURUSD bears.

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Equities once again buoy the crypto market, but Ethereum is a cause for concern

The crypto market capitalisation rose by 1.29% over the past 24 hours to $2.57 trillion, supported by the Nasdaq-100 and S&P 500 indices hitting impressive new all-time highs. Furthermore, the strengthening of the Japanese yen caused the dollar index to fall, lowering the benchmark. The top performers were Zcash (+5%), Dash (+4.8%) and Aptos (+3.4%). The underperformers among the top coins were Theta (−1%), Cosmos (−1.4%) and NEAR (−1.4%).

Bitcoin is once again attempting to climb above $77K, having found support from buyers during the dip to $75K. The shakeout of buyer positions proved to be quicker than might have been expected. However, it is too early to speak of bullish dominance until the leading cryptocurrency has confidently broken through the final resistance at $80K, which would open the way to $84K–$85K.

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Central banks have flexed their muscles

The ECB and the BoE are signalling rate rises.

Japan has resumed currency intervention.

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Gold remains in a downtrend, albeit near the upper boundary

At the end of the week, gold is down around 3%, having fallen by more than 4.3% at its low, but found strong support around the $4,540 level. Gold is thus continuing the downward trend that began in the second half of April after testing the 50-day moving average.

The fundamental drivers remain the reassessment of monetary policy prospects towards a tighter stance, which boosts the appeal of government bonds. It is also interesting to note that gold is struggling to capitalise on the US dollar’s weakening momentum, which has had a significant cumulative effect over the month: from its highs on the last day of March, the dollar index has lost 2.5%, whilst gold has lost over 4%, and from its peak in mid-April to the lows of the past week – around 8%. Usually, these instruments move in opposite directions, and the current dynamics look like a warning sign for the precious metal’s medium-term prospects. We see this as a continuation of significant profit-taking following years of growth and are prepared for lower levels in the foreseeable future.

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🇺🇸 US Pre-Market: Mixed 📊

The US stock market is showing mixed trends in pre-market trading, with a slight upward bias driven by major technology companies.

In the Information Technology sector, Apple (AAPL) is up 3.61%, while NVIDIA (NVDA) is up 0.64%.

In the Financials sector, JPMorgan Chase (JPM) is up 0.39%, while Visa (V) is up 0.50%.

In the Consumer Discretionary sector, McDonald's (MCD) is up 0.36%, while Starbucks (SBUX) is down 0.12%.

The strengthening of mega-cap stocks in the technology and financial sectors is creating a moderate risk-on environment: interest in risk assets within the US remains buoyant, while demand for the dollar as a safe-haven asset stays subdued. In the absence of signs of large-scale capital outflow from the US, this creates conditions for a predominantly neutral or moderately soft short-term dollar trend against a basket of major currencies.

⚠️ USA — ISM Manufacturing PMI at 03:00 GMT

✔️ Prev: 52.7

🕒 Exp: 53.1

🎯 Fact.: 52.7 📉