Forex & Financial news and FxPro analytics

Silver: ⬇️ Sell – Silver reversed from resistance level 34.00 – Likely to fall to support level 32.00 Silver recently reversed down from the key resistance level 34.00 (which stopped the previous intermediate impose wave (3) at the end of.

USDCHF: ⬆️ Buy – USDCHF reversed from support level 0,8750 – Likely to fall to support level 208.00 USDCHF currency pair recently reversed from the pivotal support level 0,8750 (former strong support from December and the start of March) standing.

The week ahead includes the release of the PMI business activity indexes for March, the UK inflation figures, and the release of personal income and household spending statistics. These data points will likely have an impact on the euro, pound, and dollar.

Gold has been in an uptrend, reaching record highs and offering growth opportunities. However, caution is advised due to current overboughtness, signaling potential for short-term rallies followed by a correction.

The major US indices have been rallying since the end of last week and gained even further ground this week following the FOMC’s post-interest rate decision comments. As we warned last week, oversold conditions in equity indices attracted buyers, and.

The US dollar is slowly forming a bottom after being oversold. Traders are advised to be patient and wait for the uptrend to be established.

Apple: ⬇️ Sell – Apple reversed from resistance level 220.00 – Likely to fall to support level 208.00 Apple recently reversed down from the pivotal resistance level 220.00 (former strong support from November and January, acting as the resistance level.

IBM: ⬆️ Buy – IBM reversed from support zone – Likely to rise to resistance level 253.00 IBM recently reversed up from the support zone between the pivotal support level 240.00 (former multi-month high from December), lower daily Bollinger Band.

AUDNZD: ⬆️ Buy – AUDNZD reversed from key support level 1.0930 – Likely to rise to resistance level 1.0985 AUDNZD currency pair recently reversed up from the support zone between the key support level 1.0930 (former multi-month from December), support.

EURCAD: ⬇️ Sell – EURCAD reversed from the resistance zone – Likely to fall to support level 1.5400 EURCAD currency pair recently reversed sharply from the resistance zone between the key resistance level 1.5800 (former major resistance from 2020) and.

The crypto market has increased by over 5% and is nearing the $2.9 trillion. The market's performance above the 200-day MA will determine its growth. Increased sentiment suggests room for further growth.

Gold: ⬆️ Buy – Gold continues daily uptrend – Likely to rise to resistance level 3100.00 Gold rises sharply after breaking the resistance zone between the resistance 2956.00 (top of the previous impulse wave 3) and the round resistance level.