Forex & Financial news and FxPro analytics

– Gold reversed from support level 2550.00 – Likely to rise to resistance level 2600.00 Gold continues to rise inside the minor impulse waves v and 3, which belong to the intermediate impulse wave (3) from the start of June..

– S&P 500 broke key resistance level 5670.00 – Likely to rise to resistance level 5800.00 S&P 500 index today broke above the key resistance level 5670.00 (which stopped the previous impulse waves (5) and (1), as can be seen.

The Fed cut the rate by 50 bps, This change was not fully factored into expectations, so it has the potential to trigger a prolonged market revaluation and change the rules of the game for the USD.

The crypto market as a whole and Bitcoin hit three-week highs, but are still in a downtrend. Ethereum has pushed off its 200-week moving average.

– AUDCAD broke pivotal resistance level 0.9170 – Likely to rise to resistance level 0.9260 AUDCAD currency pair recently broke above the pivotal resistance level 0.9170 (which stopped the previous waves (1) and B last month). The breakout of the.

– WTI reversed from round resistance level 70.00 – Likely to fall to support level 68.00 WTI crude oil recently reversed down from the round resistance level 70.00 (former strong support from January). The resistance level 70.00 was strengthened by.

US retail sales rose 0.1% m/m in August, better than forecast, but sales growth in monetary terms slowed to 2.2% y/y. The industrial production index also rose by 0.9%, reversing two months of declines.Despite the strong economic data, markets regained confidence in a 50bp Fed rate cut.

Market Picture The crypto market has gained 2.1% in the last 24 hours to reach $2.08 trillion. The rise in the stock market has brought buyers back to Bitcoin, which has positively impacted cryptocurrencies. The sentiment index is still in.

– MasterCard broke round resistance level 500.00 – Likely to rise to the resistance level 510.00 MasterCard continues to rise inside the accelerated impulse wave 3, which previously broke above the major long-term resistance level 485.00 (which stopped the weekly.

– CHFJPY reversed from support zone – Likely to rise to the resistance level 168.45 CHFJPY currency pair recently reversed up from the key support zone located between the long-term support level 166.75 (which has been reversing the price from.

German business sentiment deteriorated sharply in September, according to ZEW data. The relevant index fell to 3.6, the lowest level since October 2023. The situation was even worse for the component assessing current conditions, which fell to -84.5, the lowest.

Market Picture The crypto market capitalisation remained at $2.04 trillion, the same as the previous day, although it fell to $2.01 trillion during the day before rebounding on Tuesday morning. The Cryptocurrency Sentiment Index returned to the fear zone after.