Forex & Financial news and FxPro analytics

Friday saw the release of the last important piece of the inflation puzzle ahead of next week’s Fed meeting. The FOMC’s preferred measure of inflation, the Core Personal Consumption Expenditures Price Index, rose 0.2% m/m and 2.6% y/y, keeping the.

Gold came close to closing lower for the second week in a row, falling to $2372 per troy ounce on Friday morning, $111 below its high on July 17th. This decline occurred in two impulses, with an intermediate correction in.

Market Picture The cryptocurrency market rallied 3.4% overnight to $2.4 trillion, taking advantage of the mixed performance of US indices, with the Russell2000 and Dow Jones up and the Nasdaq100 and S&P500 down. It’s not a full recovery, but it’s.

– EURJPY reversed from support level 165.00 – Likely to rise to resistance level 168.00 EURJPY currency pair recently reversed up from the pivotal support level 165.00 (former strong resistance from March and April, which also stopped the previous correction 2.

– USDCAD reversed from long-term resistance level 1.3850 – Likely to fall to support level 1.3760 USDCAD currency pair is under bearish pressure after previously reversing from the long-term resistance level 1.3850 (which has been repeatedly reversing the price from the.

The markets have taken a beating: the rise in volatility on FX and equities around the world is clearly visible. Commodity markets have also been hit. Traders who have seen the markets move live since the global financial crisis must.

Market picture The pressure on financial markets has spread to cryptocurrencies – the flip side of the long-desired easing of institutional access to the crypto market. The launch of the Ethereum ETF coincided with the most powerful drop in the.

– AUDCHF broke support level 0.5865 – Likely to fall to support level 0.5735 AUDCHF currency pair recently broke the key support level 0.5865 (which stopped the previous correction (A) in the middle of June). The breakout of the support level.

– GBPAUD broke multi-month resistance level 1.9510 – Likely to rise to resistance level 1.9700 GBPAUD currency pair recently broke above the multi-month resistance level 1.9510 (which has been reversing the price from February). The breakout of the resistance level 1.9510.

– NZDJPY falling inside ABC correction (2) – Likely to reach support level 92.00 NZDJPY currency pair falling sharply after the price broke the support area located between the support level 95.50 and the 38.2% Fibonacci retracement of the previous impulse.

– EURUSD reversed from resistance area – Likely to fall to support level 1.0800 EURUSD currency pair recently reversed down from the resistance area set between the multi-month resistance level 1.0920 (which has been reversing the price from the start of.

Last week, the dollar index regained some of its losses from the previous four weeks, but technically, it looks like short-term profit-taking by sellers before a new downward momentum. The US dollar has been under pressure since late June as.