What conclusions can we draw almost a day after the "ceasefire"?

The ceasefire in the Middle East has lowered tensions and renewed interest in risk assets. Against this backdrop, the monetary divergence between the Fed and the ECB is increasingly playing a significant role in EUR/USD.

The two-week ceasefire agreement between the U.S. and Iran has led to a sharp drop in the dollar and oil prices, reigniting buying interest in the precious metal. The key zone of $4,666.00–$4,850.00 will be the arena for a decisive battle in the coming days.

The greenback is not being helped by its status as a safe-haven asset, volatility, or oil prices.

The current situation in the precious metals market has much in common with events from the 1970s.

The EUR/USD pair rose by 50 basis points on Tuesday and added another 130 points on Wednesday.

The bullish trend still remains relevant.

Bullish traders have received a strong impulse.

Easing inflation concerns softens expectations of further Federal Reserve rate hikes and provides additional support for the XAU/USD pair.

USD/JPY: Tips for Beginner Traders on April 8th (U.S. Session)