The PCE inflation report will be released in the US today. The March Personal Consumption Goods Price Index is predicted to show a mixed picture of inflationary trends.

The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.

Strong Q1 Earnings: Intel reports a revenue increase to $12.7 billion, up 9% YoY; AI Acceleration: New Gaudi 3 AI accelerator set to outperform Nvidia, emphasizing Intel’s AI focus;

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GBP/JPY advances to 196.00 amid uncertainty over BoJ’s interest rate outlook.

The British pound initially rally during the trading session on Thursday but seems to be looking at the 1.25 level as a major barrier that’s all but impossible to stay above for any significant amount of time.

EUR/USD steadily climbs back above 1.0700 again despite weakness following inflationary US GDP data. Further volatility is possible once the core Personal Expenditures Price Index for March is released on Friday.

After a ferocious rally from last October’s low, US equities gave back some of the gains this month.

Double three is the common pattern in the market , also known as 7 swing structure. It’s a reliable pattern which is giving us good trading entries with clearly defined invalidation levels.

The divergence of FX markets from rates and equities generally doesn’t last long, and we expect a delayed USD strengthening after yesterday’s upside surprise in 1Q US PCE data.

The price of gold is recovering after falling to the $2291 level on Tuesday. The growing bullish consolidation managed to climb the price to the $2350 level today.

The US Dollar continues to soften on Friday as traders digest a weaker-than-forecast advanced GDP print yesterday.

GDP comes in the worst in two years because prices shot up again, therefore the term "stagflation" is going to be everywhere.

Europe is no longer alone. Stagflation is also resurfacing in the United States. This time, it is more worrying: wages in the service sector are unable to keep pace with rising energy prices.

PayPal stock price is at a crossroads ahead of the upcoming financial results.

Asian equities saw gains today following strong US tech earnings, rebounding from yesterday's sell-off in both US equities and bonds triggered by Q1 GDP data showing slower growth and stronger inflation than anticipated.

61.8% Fibonacci retracement level is right at the 50 day EMA, and so that's also an area that you'll need to pay attention to.

Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most likely some time away.

A higher-than-expected US inflation print yesterday is likely to be followed by another one today. The FOMC meets next week, and had they not been intimating a cut, a hike could have been a discussion point. No change expected though.

The EUR/USD Elliott Wave Analysis for the Day Chart identifies a trend with impulsive characteristics, reflecting significant and consistent movement in one direction within the Elliott Wave structure.