⚠️ Australia — RBA Interest Rate Decision at 03:00 GMT

✔️ Prev: 3.85%

🕒 Exp: 4.10%

🎯 Fact.: 4.10%

———

⚠️ Australia — RBA Media Conference at 04:30 GMT

▶️ Oil. At the start of an upward trend #tradelikeapro #trading #tradingoil #oil #oiltrade

It's Tuesday, the 17th of March, and let's talk about oil.

It's the main market dominating the news today, so let's take a look at what's happening from a technical analysis perspective.

#tradelikeapro #trading #tradingoil #oil #oiltrade

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US premarket: mixed dynamics 📈 📉

The largest names by market cap are showing moderate growth on average, although selective profit-taking is evident in a number of sectors.

In the Electronic Technology sector, NVIDIA (NVDA) shares are up +0.49%, whilst Micron Technology (MU) shares are up +2.26%.

In the Technology Services sector, Microsoft (MSFT) shares are up +0.06%, whilst Google (GOOGL) shares are down -0.16%.

In the Retail sector, Amazon (AMZN) shares are up +0.28%, whilst Walmart (WMT) shares are down -0.38%.

The pattern of movement among the largest technology and consumer companies indicates a moderate risk-on sentiment within the US market. Demand for safe-haven dollar assets remains subdued, but there is no clear pressure on the dollar.

Crypto Market Tests Breakout Above Key Resistance

Crypto market capitalisation increased by a further 2.7% in the last 24 hours, reaching $2.54 trillion. At its peak earlier in the day, the market climbed to $2.58 trillion, its highest since early February. This indicates a period of consolidation above the 50-day moving average, an attempt to break free from the correction pattern following the decline, and a move above the 61.8% retracement level of the initial movement.

The sentiment index gained 5 points to reach 28 for the day, breaking out of the extreme fear zone and hitting its highest level since late January. This indicator's positive signal complements the favourable technical picture.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

The euro has made some gains

EURUSD is finding support from the ECB.

Donald Trump is calling on the Fed to cut interest rates.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

▶️ Pro News Flash: Why Gold Could Shock Investors Soon

🟡 Gold is back in focus as markets react to rising geopolitical tensions and inflation concerns. Despite its safe haven status, the metal has recently lagged behind the US dollar and Bitcoin as investors rush toward liquidity.

💵 In times of early market stress, investors tend to favor cash and short term US treasuries over gold. Higher interest rates and tighter monetary policy are also supporting fiat currencies, reducing gold’s appeal in the short term.

📊 Central banks remain a key factor. With expectations of continued hawkish policies from institutions like the ECB, Bank of Japan, and the Fed, gold may face pressure before its next major move.

⚠️ However, risks are building. Bank of America warns that markets may be underestimating the potential economic fallout from prolonged geopolitical tensions, including the risk of recession or stagflation.

📈 Longer term, the outlook stays bullish. UBS sees gold rising toward the 5,900 to 6,200 range as it benefits from currency devaluation, rising deficits, and economic uncertainty.

🌍 If tensions persist, gold could become a “win-win” asset, gaining from worsening conditions while remaining supported even if the conflict stabilizes.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🗓 Economic Calendar at 2026/03/18 (GMT)

10:00 🇪🇺 Consumer Price Index — Exp: 1.9% Actual: 1.9%

10:00 🇪🇺 Consumer Price Index - Core — Exp: 2.4% Actual: 2.4%

12:30 🇺🇸 ⚡️ Producer Price Index — Exp: 0.3% | 2.9% Actual: 0.7% | 3.4%

12:30 🇺🇸 ⚡️ Core PPI — Exp: 0.3% | 3.7% Actual: 0.5% | 3.9%

13:45 🇨🇦 ⚡️ Overnight Rate — Exp: 2.25% Actual: 2.25%

13:45 🇨🇦 ⚡️ BOC Rate Statement

14:30 🇨🇦 ⚡️ BOC Press Conference

14:30 🇺🇸 Crude Oil Inventories — Exp: -1500K Actual: 6156K

18:00 🇺🇸 ⚡️ FOMC Rate Decision — Exp: 3.75% Actual: 3.75%

18:00 🇺🇸 ⚡️ FOMC Economic Projections

18:00 🇺🇸 ⚡️ FOMC Statement

18:30 🇺🇸 ⚡️ FOMC Press Conference

21:45 🇳🇿 ⚡️ Gross Domestic Product — Exp: 0.4% | 1.7%


[Updated in real time]

AUDJPY Wave Analysis – 17 March 2026

- AUDJPY reversed from support area

- Likely to rise to resistance level 114.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Starbucks Wave Analysis – 17 March 2026

- Starbucks reversed from resistance area

- Likely to fall to support level 94.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Gold is back in focus as markets react to geopolitics

The market is fixated on the threat of accelerating inflation driven by high energy prices. As a result, central banks are expected to adopt a tighter monetary policy, keeping rates at high levels or even raising them. This has a positive impact on fiat currencies and strips gold of its key feature as a store of value amid currency debasement. It is no surprise that the precious metal, which had got off to a strong start, has been losing out to Bitcoin and the US dollar since the start of the armed conflict in the Middle East.

Although gold is generally regarded as a safe-haven asset, in the early stages of financial market turmoil, investors often choose to flee to liquidity. They favour fiat currencies and are far more willing to buy US dollar-nominated short-term treasuries.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

New Pairs Now Available to Trade

FxPro has expanded its forex offering with two new currency pairs, giving traders direct access to the Korean Won and the Russian Rouble as CFDs.

The additions USD/KRW and USD/RUB reflect growing client demand for emerging market exposure at a time when geopolitical developments are driving significant volatility across global currency markets.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ USA — Producer Price Index at 03:00 GMT

✔️ Prev: 0.5% | 2.9%

🕒 Exp: 0.3% | 2.9%

🎯 Fact.: 0.7% 📈 | 3.4% 📈

———

⚠️ USA — Core PPI at 03:00 GMT

✔️ Prev: 0.8% | 3.6%

🕒 Exp: 0.3% | 3.7%

🎯 Fact.: 0.5% 📈 | 3.9% 📈

🇺🇸 US pre-market: Mostly negative 📉

Major technology and consumer companies are mostly trading lower, setting a cautious, defensive tone.

In the Technology sector, NVIDIA (NVDA) shares are down by -0.08%, whilst Apple (AAPL) shares are down by -0.29%.

In the Financials sector, Berkshire Hathaway (BRK.B) shares are down by -0.12%, whilst JPMorgan Chase (JPM) shares are falling by -0.31%.

In the Technology Services sector, Alphabet (GOOGL) shares are down by -0.77%, whilst Microsoft (MSFT) shares are losing -0.48%.

The predominance of declines in large-cap shares signals a flight from risk within the US market: demand is shifting towards more conservative dollar-denominated instruments, which is providing short-term support for the dollar due to inflows into US safe-haven assets and interest in Treasury bonds, whilst external demand for risk remains subdued.

⚠️ Canada — Overnight Rate at 03:00 GMT

✔️ Prev: 2.25%

🕒 Exp: 2.25%

🎯 Fact.: 2.25%

———

⚠️ Canada — BOC Press Conference at 14:30 GMT

Ripple Wave Analysis – 18 March 2026

- Ripple reversed from resistance level 1.6000

- Likely to fall to support level 1.3160

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

The Fed is keeping the dollar under pressure

Concerns over the FOMC’s ‘dovish’ rhetoric are weakening the dollar.

US stock indices are providing support for the EURUSD.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Bitcoin Wave Analysis – 18 March 2026

- Bitcoin reversed from resistance area

- Likely to fall to support level 67070.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost