Economic Indicators and Technical Moves Shape Market Outlook: Global markets are gearing up for the week with key economic events
and crucial data releases that could reshape expectations regarding central bank policies and price trends.
From Asia to Europe and the Americas, traders are closely watching major indicators such as unemployment rates,
inflation, GDP figures, retail sales, and consumer confidence data
all of which can trigger significant movements in currencies and commodities.

This comes amid noticeable shifts in the performance of global assets:
The US dollar strives to hold onto its gains, while the Japanese yen faces pressure due to trade optimism.
Gold fluctuates between anticipation and gains,
The euro is weighed down by monetary policy decisions,
and Bitcoin returns to the spotlight after surpassing a key psychological level.

Content
Economic Data

USDJPY

GOLD

EURUSD
Bitcoin

Economic Data

Monday, May 12, 2025

02:50 – Japan-Bank Lending (YoY)
02:50 – Japan-Current Account

Tuesday, May 13, 2025

09:00 – UK-Change in Jobless Claims
15:30 – USA-Core Consumer Price Index (MoM)
15:30 – USA-Consumer Price Index (MoM)
15:30 – USA-Consumer Price Index (YoY)

Wednesday, May 14, 2025

04:30 – Australia – Wage Price Index (Quarterly)

Thursday, May 15, 2025

04:30 – Australia-Employment Change
04:30 – Australia-Unemployment Rate
09:00 – UK-Gross Domestic Product (MoM)
15:30 – USA-Core Producer Price Index (MoM)
15:30 – USA-Core Retail Sales (MoM)
15:30 – USA-Producer Price Index (MoM)
15:30 – USA-Retail Sales (MoM)
15:30 – USA-Weekly Unemployment Claims

Friday, May 16, 2025

17:00 – USA- Consumer Sentiment Index (Preliminary – University of Michigan)

USDJPY

The Japanese Yen halted its gains against a basket of currencies last week,
Driven by optimism surrounding trade agreements,
notably the trade deal between the United States and the United Kingdom,
and ongoing negotiations with China.
This optimism weakened the Yen, which had been gaining as a haven during tension.

Technically, the USDJPY pair reached levels around 145.36
and is currently trading below the primary resistance at 146.00.
A break above this level may lead to further bullish movement toward 147.90.
However, if signs of weakness or reversal candlesticks appear at current levels,
the pair could resume its downward trend, targeting 142.50

Gold

Gold pared back gains made earlier last week, closing around $3,326,
affected by optimistic sentiment regarding US-China trade talks.
A downward correction toward the $3,200 level is expected,
which may act as a new launch point if bullish momentum returns.

Overall, the general trend for gold remains strongly bullish.
Future movements will depend heavily on the outcome of trade negotiations.
A failure in talks could trigger a strong rally in gold prices.

EURUSD

The EURUSD pair is trading around 1.1245.
The US dollar gained ground following the Federal Reserve’s decision to steady interest rates last week.
At the same time, the European Central Bank opted to cut rates,
strengthening the dollar against the euro.

Technically, the pair closed below the key pivot zone at 1.1260,
increasing the likelihood of a continuation downward toward 1.1000,
a level that may serve as a support point for a possible rebound.

If the pair moves back above 1.1260, the recent move would be considered a false break,
paving the way for a bullish target at 1.1572.

Bitcoin

Bitcoin has returned to trading above the psychological level of 100,000 and is currently hovering around 104,660.
This is supported by improved market risk appetite
after the US and UK reached a trade agreement concerning tariffs.

There’s also increased demand for cryptocurrencies as some countries have shown interest in adopting them as a hedge against risk.

Bitcoin is expected to continue its upward trend,
especially if positive news emerges from negotiations between Washington and Beijing.
This could push it toward the historical peak of 109,000.

Economic Indicators and Technical Moves Shape Market Outlook:

Economic Indicators and Technical Moves Shape Market Outlook

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