Broker News

Navigate the Financial Wilderness!
Navigate the Financial Wilderness!

Forex & Financial news and FxPro analytics

Gold Wave Analysis 19 July 2024
Technical analysis
Gold Wave Analysis 19 July 2024

– Gold reversed from resistance area – Likely to fall to support level 2350.00 Gold recently reversed down from the resistance area located between the pivotal resistance level 2440.00 (which stopped the previous waves 3 and 5, as can be.

GBPUSD Wave Analysis 19 July 2024
Technical analysis
GBPUSD Wave Analysis 19 July 2024

– GBPUSD reversed from resistance area – Likely to fall to support level 172.95 GBPUSD currency pair earlier reversed down from the resistance area located between the key resistance level 1.3060 (which stopped the multi-month uptrend in July) and the.

Gold: a reversal or a typical retreat?
Market Overview
Gold: a reversal or a typical retreat?

Gold made an impressive 3% surge during the week, breaking May’s all-time highs. However, it then retreated to the downside, selling off throughout the second half of the week. What should you watch out for to see if this is.

No rush in crypto
Crypto Review
No rush in crypto

Market picture The crypto market cap fell 1% in 24 hours to $2.36 trillion, in line with the US market’s losses during that time. The pullback in traditional finances explains why Bitcoin is dragging the overall crypto market down. Bitcoin.

EURJPY Wave Analysis 18 July 2024
Technical analysis
EURJPY Wave Analysis 18 July 2024

– EURJPY reversed from support area – Likely to rise to resistance level 172.95 EURJPY currency pair today reversed up from the support area located between the pivotal support level  170.95 (which stopped the pair in April and May), lower.

USDCHF Wave Analysis 18 July 2024
Technical analysis
USDCHF Wave Analysis 18 July 2024

– USDCHF reversed from support area – Likely to rise to resistance level 0,9000 USDCHF currency pair today reversed up from the support area located between the key support level  0.8835 (which created the Morning Star in June), 38.2% Fibonacci.

UK jobs data cooled the Pound
Market Overview
UK jobs data cooled the Pound

The UK labour market is experiencing a cooling phase. The number of applications for unemployment benefits in June increased by 32.3K after a jump of 51.9K a month earlier. Prior to that, this indicator had been drifting for almost two.

Crypto market cools off after spurt
Crypto Review
Crypto market cools off after spurt

Market picture The cryptocurrency market has pulled back 0.7% to $2.37 trillion from local extremes in the last 24 hours while remaining around highs. This looks like localised profit-taking after the rally, but not exhaustion. For Bitcoin, it is technically.

GBPJPY Wave Analysis 17 July 2024
Technical analysis
GBPJPY Wave Analysis 17 July 2024

– GBPJPY reversed from the resistance area – Likely to fall to support level 201.65 GBPJPY currency pair continues to fall after the price reversed down from the resistance area located between the upper trendline of the weekly up channel.

EURCAD Wave Analysis 17 July 2024
Technical analysis
EURCAD Wave Analysis 17 July 2024

– EURCAD broke key resistance level 1.4920 – Likely to rise to resistance level 1.5040 EURCAD currency pair recently broke above the key resistance level 1.4920, which stopped the previous correction (2) at the start of June. The breakout of.

Divergence in US Indices can’t last for long
Market Overview
Divergence in US Indices can’t last for long

US equity indices have been in a state of surprising divergence for over a week, with the Dow Jones and Russell 2000 shooting up, the Nasdaq-100 working its way down, and the S&P500 treading water. Russell 2000 futures had racked.

GBP looks stronger than USD thanks to inflation
Market Overview
GBP looks stronger than USD thanks to inflation

A batch of inflation statistics from the UK seems to have fuelled the Pound’s rally against the Dollar and Euro, which has been going strong since the beginning of the month. Consumer inflation remained at 2.0%, with the core index.

Load More
How would you trade on EURUSD today?
Buy %
Sell %
Hold %
How would you trade on Brent today?
Buy %
Sell %
Hold %
How would you trade on Bitcoin today?
Buy %
Sell %
Hold %