Forex Signals Weekly Brief: FED and BOE on Top of PLTR, Ford, AMD Earnings

We have a packed week ahead of earnings spanning tech, energy, autos, and consumer sectors—as well as the US CPI and PPI inflation data. Last week was marked by a flurry of major corporate earnings reports and Q2 outlooks, with many heavyweight companies revealing better-than-expected first-quarter results. This helped sustain a broadly positive risk sentiment across financial markets, fueling the continued rebound of the Nasdaq and S&P 500. Among the tech giants, Microsoft and Meta Platforms led the charge. Microsoft posted fiscal Q3 revenue of $70.1 billion—up 13% year-over-year—and an 18% surge in net income to $25.8 billion. Meta also impressed, with first-quarter revenue climbing 16% to $42.31 billion, easily outpacing analyst forecasts. Amazon , while reporting a largely positive Q1, tempered some of the excitement with a more cautious Q2 forecast, which slightly dampened enthusiasm. In addition to strong corporate earnings, macroeconomic indicators contributed to improving investor sentiment. U.S. non-farm payrolls data supported the bullish outlook, reflecting a resilient job market. Inflation metrics were mixed: while the GDP Advanced Price Index pointed to rising inflation, the PCE core inflation held steady in April, remaining unchanged on a monthly basis. This Week’s Market Outlook This week’s earnings lineup spans key sectors—AI, energy, consumer health, streaming, EVs, and fintech. The results will be crucial in shaping market sentiment for Q2, with particular investor focus on AI momentum, crypto exposure, and consumer spending resilience. Upcoming Major Earnings Reports – Week Ahead Monday (After Hours) Tuesday (Pre-Market) Tuesday (After Hours) Wednesday (Pre-Market) Wednesday (After Hours) Thursday (Pre-Market) Thursday (After Hours) Last week, markets were slower than what we’ve seen in recent months, with gold retreating as a result, the EUR/USD falling to 1.13, and stock markets continuing upward. The moves weren’t too big, but we opened 37 trading signals in total, finishing the week with 25 winning signals and 12 losing ones. Gold Swings on Geopolitics and Trade Sentiment Gold saw renewed buying interest amid heightened geopolitical uncertainty, surging past $3,300 and briefly hitting a record high of $3,444. That marked a more than $500 rally from recent lows, driven by safe-haven demand. However, as optimism around global trade talks emerged, the metal retraced gains, slipping below $3,300 and ending the week near $3,200. Despite the pullback, gold remains underpinned by ongoing macroeconomic uncertainty and inflation concerns. Yen Struggles Despite Earlier Safe-Haven Support The Japanese yen initially benefited from safe-haven flows but soon came under pressure again. After falling below the key 140.00 level last year and again earlier in 2025, the USD/JPY pair rebounded by roughly six yen, aided by technical support near the 100-month simple moving average. Still, sentiment toward the yen remains fragile and continues to be shaped by U.S. dollar trends and shifts in global risk appetite. USD/JPY – Weekly Chart Cryptocurrency Update Crypto Momentum Continues—Bitcoin in Focus Bitcoin extended its gains beyond $93,000, comfortably breaking through its 100-day moving average and consolidating just below $95,000. This latest rally has reaffirmed investor interest in digital assets, with technical indicators hinting at continued bullish momentum, even as short-term consolidation remains possible. BTC /USD – Weekly chart XRP Chart Weekly – Ripple Finds Support at the 20 SMA Meanwhile, XRP has held firm despite broader crypto volatility. The token is trading near the upper end of its recent range, having bounced off strong support between $1.80 and $2.20. With XRP maintaining a position above its 50-day moving average, technical conditions favor further upside, especially if broader crypto sentiment remains constructive. XRP/USD – Daily Chart