Recently, I've been focusing on the technical aspects of several assets, and I feel the market is brewing some interesting signals. The US dollar is repeatedly tugging at the key level of 98.0, with both bulls and bears fighting hard, which directly affects the subsequent trends of currencies like the euro and the Australian dollar.

First, let's talk about EUR/USD. This pair has been rising for nearly a week recently. Although it briefly surged to 1.1823 on Thursday, attempting to break through 1.1800, it ultimately pulled back. But overall, the upward trend of the euro remains clear; as long as it stays above 1.1800, it may continue to push higher toward 1.2000 or even 1.2200. However, if the euro cannot hold above 1.1700, the rally might reverse. This level is worth close attention.

The AUD/USD is even more aggressive, having hit a nearly four-year high, approaching the 0.7200 mark. It looks like a new upward cycle has begun. As long as the Australian dollar can break through 0.7200, challenging 0.7300 or even 0.7500 is possible. The overall upward momentum could continue into mid-May.

Gold is also building momentum, recently testing the $4,800 level repeatedly. It finally broke above, opening space to challenge the psychological barrier of $5,000. From the rebound cycle since late March, gold still has the potential to go higher.

Bitcoin is also interesting lately, having broken through the downward trendline, which suggests the previous decline may have come to an end. It is currently consolidating around $76,000. If it can hold above this level, a rebound toward $80,000 or even $85,000 is expected. Overall, the strength or weakness of the dollar will determine the rhythm of currencies like the euro, which will be a key focus moving forward.