Market Analysis Review

Daily Market Report: Expert Technical & Fundamental Insights – 25.02.2025

| 25 February, 2025 at 12:00 GMT

EURUSD

EURUSD traded slightly higher today at $1.0473 after it failed to maintain the positive  sentiments due to the outcome of German elections. The winning party in Germany, the Conservative secured 28.6% , it announced that it will work to strengthen EZ unity and not to imitate the US policies. Pro-growth policies may gain momentum in EZ’s biggest economy. EZ inflation remained unchanged in January at 2.5% YoY and contracted by -0.3% MoM.

1H RSI remained sideways amid shrinking volatility. 1H trend index was bearish, and traders’ sentiments were divided between bullish 34% and bearish 33%.

USDJPY

In the last nine sessions, JPY gained in seven, USDJPY fell today to 149.52, the lowest in almost three months. Markets were & still expecting hawkish stance by BoJ which means higher rates ahead. Corporate service price index in Japan increased by 3.1% in January, higher than December of 3%, it reflects the supply & demand conditions in service market, indicating to  inflationary pressure as well. Remember that the  higher the tariffs, the higher the demand for the Yen is likely to continue. 

Chart is still showing the potential for further loss, targeting 148.90 supported by bearish trend index and bearish traders’ sentiments as well.

GBPUSD

GBPUSD was little changed today, trading at $1.2636. UK economy is still facing huge challenges because of inflation that rose to 3% in December, the highest in ten months, what does that mean? It simply means that BoE mission to reduce the rates is unlikely to be easy considering  the fact that inflation remained sticky, and growth was fragile. 

1 week forecasts showed that the traders were 20% bullish but 40% of them were bearish, however 1H price action is heading higher again & targeting $1.2670.

Gold

Gold traded weaker today & fell to $2940 per ounce, still at record level. SPDR Gold Trust, World’s biggest gold-backed ETF, reported that its holdings increased to 904.38 tons on Friday, the highest since August 2023 which means that the demand for gold remained robust. Gold gained 12% YTD, 45% YoY. 

Technically speaking, correction to $2923 will be expected amid mixed sentiments with 25% bullish & 25% bearish. 1H RSI is trading neutral now.

Silver

Silver traded slightly higher today at $32.31 per ounce after two consecutive days of negative closing. All eyes remained on Trump’s tariffs & China’s measures that aim to bolster the economy. Remember that silver is an industrial metal, heavily required in solar energy industries & EV, which means that the long-term outlook remains promising. 

Hourly trend index remained bearish with low volatility. $32.15 is support, $33 is resistance.

Oil – WTI

Crude oil prices slightly increased today, WTI $71.10PB, Brent $75.15PB, both oil benchmarks remained down by -1% in a week. US sanctioned on Monday  brokers & shipping companies involved in sale & transportation  of Iranian petroleum. For oil supply side, the potential of peace treaty between Ukraine may offset the shortage in oil sipping ( if any).  Higher oil prices need sustainable global growth than the short-term geopolitics. Weekly crude oil inventories by API will be released later today. 

Price action is still showing bullish positioning, targeting $71.90 then $72.80 ( resistance). In one week’s, forecasts, traders are still showing bearish sentiments by 60% and only 20% were bullish.

DAX

German DAX futures traded lower today after closing higher on Monday by 0.6%  at 22421. Pro-growth policies by the new winning party in Germany are likely to materialize very soon after the coalition government may take place few days ahead.  New German Chancellor,  Friedrich Merz announced his support to EZ unity. Business expectations in Germany improved in February, it was better than January. Germany’s GDP for Q4/2024 will be announced later today. 

1H & daily trend index remained bullish , supporting further gains to 22500. 22120 is support for day traders.

Nasdaq

US stock futures traded higher today after mixed performance on Monday, SPX dropped -0.5%, Nasdaq lost -1.2% and Dow Jones slightly rose 0.08%. Apple announced plans to invest $500 billion in the US over the next four years, Apple stock gained 0.6%. Keep an eye on housing price index, consumer confidence & manufacturing indexes by Dallas & Richmond Fed banks later today. 

Both, daily & hourly trend index remained bearish. 1H RSI is almost tat support level , re-entry at 30 RSI, but price action remained fragile, so the gains could be short-lived. 21500 is the next target. 21200 is support.

BTCUSD

All major cryptocurrencies fell on weekly basis, BTC was down by -4%, followed by -7% in Eth, -10% Cardano, -11.6% XRP & -9% Stellar. BTC traded slightly higher today at $91672, the lowest in six weeks. Bybit crypto exchange was exposed to $1.4 billion hack on February 21/2025, it was Bybit’s Eth cold wallets and considered as one of  the largest hacks in crypto history. In the meantime, according to CoinMarketCap, liquidity in BTC fell by 3.2% in the las t24 hour. 

Traders’ sentiments remained mostly bearish, 50% of them were bearish & 25% bullish. 1H trend index is bullish now, but price action is not showing bullish bets. $90700 is support & highly possible considering the velocity of the price action. $95K is resistance.