Currency Markets Poised for Volatility: Key Levels and Economic Data in Focus

The currency markets are poised for some interesting movements in the coming days as key resistance levels and economic data come into focus. The NZD/USD is facing a major resistance at 0.6150, according to UOB Group, while the AUD/USD may surpass 0.6755. Silver prices are holding steady above $30.50 ahead of the US NFP release, and gold continues its positive run as investors anticipate lower interest rates.

In the forex market, the GBP/USD is encountering solid resistance at 1.2805, while the USD/JPY corrects slightly below 161.00 amid fears of intervention from Japan. The EUR/USD is stabilizing above 1.0800 with the US NFP and French elections in focus.

As traders await the US jobs report, the Pound Sterling remains steady amidst news that Keir Starmer may become Britain's next PM. Meanwhile, the USD/CAD is falling towards 1.3600 ahead of the employment data release.

With trading conditions starting to normalize, it will be crucial to keep an eye on these key levels and economic indicators for potential trading opportunities in the forex market. Stay tuned for further updates as these events unfold.

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