Forex & Financial news and FxPro analytics

Johnson & Johnson: ⬆️ Buy – Johnson & Johnson rising inside weekly price range – Likely to test resistance level 165.60 Johnson & Johnson continues to rise in the primary upward impulse wave 3, which started earlier from the major.

NFLX: ⬆️ Buy – NFLX broke weekly down channel – Likely to rise to resistance level 1000.00 NFLX recently broke the resistance trendline of the weekly down channel from February, which enclosed the previous primary ABC correction 4, as can.

EURNZD: ⬆️ Buy – EURNZD reversed from support level 1.9100 – Likely to rise to resistance level 1.9400 EURNZD currency pair recently reversed up from the pivotal support level 1.9100 (former strong resistance from March) standing close to the 20-day.

Microsoft: ⬇️ Sell – Microsoft falling inside impulse wave 5 – Likely to test support level 360.00 Microsoft continues to fall inside the minor impulse wave 5, which started recently from the key resistance level 392.50 (which also reversed the.

Markets are on edge: gold is smashing through all-time highs, the dollar is teetering under the weight of trade tensions, and crypto is losing steam just shy of a breakout. In this week’s Pro News Weekly, we break down the.

The rebound in oil prices is not yet a definitive trend break. The market is facing strong resistance levels and bearish factors, such as tariff wars and weakening U.S. production.

EURCAD: ⬇️ Sell – EURCAD reversed from long-term resistance level 1.5840 – Likely to fall to support level 1.5400 EURCAD currency pair recently reversed down from the long-term resistance level 1.5840 (which has been reversing the price from the start.

CADJPY: ⬆️ Buy – CADJPY reversed from key support level 102.00 – Likely to rise to the resistance level 104.00 CADJPY currency pair recently reversed up from the key support level 102.00 (which has been reversing the price since August.

Gold has experienced an epic rally, reaching historical highs above $3350 per troy ounce, with the potential for further gains above $3500.

Despite extreme fear in the markets, history shows that buying on downturns can be profitable and provide an upward bias. The S&P500 has held above the 200-week moving average, an important support level, and the RSI index is showing signs of rebounding.

The correlation between the dollar and promised tariffs is evident, as trade barriers lead to a sell-off in the US currency. This decline in the dollar is a clear signal that trade wars are negatively impacting the US' privileged position in the global economy.

WTI crude oil: ⬆️ Buy – WTI crude oil reversed from key support level 55,00 – Likely to rise to resistance level 65.00 WTI crude oil recently reversed up from the key support level 55,00 standing close to the lower.