Market Overview

Dollar firms as gold steadies with jobless claims and BoJ inflation eyed 

ADFX Team

Market Recap 

XAUUSD 
XAUUSD traversed a 146.49-point session, representing 3.27% of the open, between a low of 4456.09 at 01:32 and a high of 4602.58 at 05:46, before settling at 4505.76. That close was 30.69 points higher on the day, a gain of 0.686% from the 01:00 open at 4475.07. Price established the session low within the first half-hour, advanced to the high before 06:00, and then eased back through the remainder of the day, finishing in the lower half of the range yet above the opening level. The intraday advance briefly pushed through the 4600 area, while the late session maintained levels above 4500, with the settlement printing near the 4510 handle. On a broader backdrop, the close remained well beneath the 10-day high at 5128.46 and comfortably above the 5-day low at 4098.87. Higher-timeframe momentum gauges showed H4 MACD at -39.03 and D1 MACD at -141.69. The opening print at 4475.07 sat closer to the eventual low than the peak, underscoring the early downside probe toward the mid-4460s before the subsequent recovery. By the close at 23:57, the market had preserved a net gain for the session while relinquishing a portion of the early rally, leaving price action clustered around the low-4510s and well off the day’s top near 4600. No tick volume metrics were available for this session. 

EURUSD 
EURUSD ended the session at 1.15568, a decline of 0.00486 or 0.419% from the 1.16054 open. Trading spanned 0.00756 on the day, equal to 0.65% of the open. The high was set early at 1.16303 at 03:39, and the low followed later at 1.15547 at 19:10, establishing a high-before-low sequence. The pair opened above 1.1600, pushed to the peak above that handle, then spent the rest of the session sub-1.1600; 1.1500 was not reached, with the trough holding a few pips above it. By the close, price was roughly 2 pips off the day’s low, finishing near the lower end of the intraday range. On the H4 timeframe, the 21-period EMA stood at 1.15747; price began the day above this reference and closed below it by about 18 pips. H4 RSI(14) printed 42.15 at the close. Relative to recent context, the session remained above the 10-day low at 1.14101. Overall, the day featured an early advance through 1.1600 into the 03:39 high, followed by a steady drift to the 19:10 low, with closing levels anchored near that trough. The intraday range was contained between the upper print near 1.1630 and the lower bound near 1.1555, leaving the close positioned in the bottom decile of the session’s span and below the cited H4 moving average benchmark, while higher-timeframe support marked by the 10-day low stayed unchallenged. 

DJ30 
DJ30 ended the 25 Mar session unchanged at 46461.52, matching its open, after traveling a 558.8-point range (1.2% of the open) between a high of 46793.27 at 16:31 and a low of 46234.47 at 18:17. Price pressed just above the 46,790 handle at the session high and later dipped toward the 46,200 area at the low. The session began at 01:00 and ended at 23:59 server time, with price revisiting the opening print into the close. The close sat below the intraday midpoint of the range and finished 38.48 points beneath the 46,500 round level. The session structure featured the high forming first, followed by a reversal into the low roughly two hours later, before stabilizing back toward the middle of the day’s distribution into the finish. On the higher-timeframe dashboard, H4 MACD was positive at 54.84, while the H1 RSI(14) printed 46.92, a reading under the 50 line that aligned with a finish below the session’s center. No net price change was recorded on the day, with open and close both at 46461.52, while the intraday swings interacted with nearby round numbers, the final print sitting just under 46,500. The span from 46793.27 to 46234.47 defined the day’s extremes, leaving the settlement nearer the lower half than the upper, yet broadly centered within the overall range. 

Economic Calendar Recap & Preview 

A heavy US crude inventory build dominated a light data slate over the last day, with EIA reporting stocks up 6.93 million barrels versus a 6.16 million increase previously and a 0.07 million consensus, underscoring a much larger-than-expected accumulation; there were no major rate decisions in the window. Looking ahead, focus in Asia turns to Japan at 05:00, when the BoJ trimmed mean core CPI is expected at 1.6 percent year over year after 1.7 percent prior, while the weighted median core CPI is projected at 1.0 percent after 0.8. The US session centers on labor-market flow data at 12:30: Initial Jobless Claims are forecast at 216,000 compared with 205,000 previously; a lower-than-forecast outcome could temper near-term easing expectations. Later, at 19:13, Bank of Canada Senior Deputy Governor Rogers speaks, remarks that could help shape views on the policy path. Around the US claims release, headline-sensitive markets such as Treasuries and the dollar can see brief volatility. 

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