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EURJPY Wave Analysis – 6 February 2025
Technical analysis
EURJPY Wave Analysis – 6 February 2025

– EURJPY broke support zone – Likely to fall to support level 156.00 EURJPY currency pair today broke support zone between the support level 158.00 (which reversed the price at the start of this month) and the support trendline of.

WTI Crude Oil Wave Analysis – 6 February 2025
Technical analysis
WTI Crude Oil Wave Analysis – 6 February 2025

– WTI Crude oil broke support zone – Likely to fall to support level 68.00 WTI Crude oil recently broke the support zone between the support level 72.60 (which has been reversing the price from the start of January) and.

USDCAD Wave Analysis – 6 February 2025
Technical analysis
USDCAD Wave Analysis – 6 February 2025

– USDCAD reversed from the support zone – Likely to rise to resistance level 1.4400 USDCAD currency pair recently reversed from the support zone between the pivotal support level 1.4290, which has stopped the previous corrections A, C , as can.

USDJPY Wave Analysis – 6 February 2025
Technical analysis
USDJPY Wave Analysis – 6 February 2025

– USDJPY under the bearish pressure – Likely to fall to support level 150.00 USDJPY currency pair under the bearish pressure after the earlier break out of the support zone between the support level 154.00, support trendline from September and the.

Bank of England cuts rate and strikes with a dovish tone
Market Overview
Bank of England cuts rate and strikes with a dovish tone

The Bank of England has cut its key rate by 25 points to 4.5% and suggested further cuts may be on the way, leading to pressure on the British pound. Market expectations are now for three more rate cuts this year.

German manufacturing: growth is on the way
Market Overview
German manufacturing: growth is on the way

German industry is showing signs of growth and improvement, with industrial orders and production increasing, offering hope for the Eurozone economy.

Bitcoin Strengthens as Crypto Falls
Crypto Review
Bitcoin Strengthens as Crypto Falls

Bitcoin is displaying strength in a declining market as its dominance grows above 60%. Meanwhile, there is frustration among crypto investors regarding the lack of progress on the US BTC reserve.

Ethereum Wave Analysis – 5 February 2025
Technical analysis
Ethereum Wave Analysis – 5 February 2025

– Ethereum reversed from the key support level 2200. – Likely to rise to resistance level 2890.00 Ethereum cryptocurrency recently reversed sharply from the key support level 2200.00, which has been reversing the price since the start of August, as can.

Comcast Wave Analysis – 5 February 2025
Technical analysis
Comcast Wave Analysis – 5 February 2025

– Comcast reversed from key support level 32.50 – Likely to rise to resistance level 35.00 Comcast recently reversed up from key support level 32.50, which stopped the previous sharp downward impulse wave at the end of December. The support level 32.50was.

NZDUSD Wave Analysis – 5 February 2025
Technical analysis
NZDUSD Wave Analysis – 5 February 2025

– NZDUSD reversed from strong support level 0.5500 – Likely to rise to resistance level 0.5800 NZDUSD currency pair recently once again reversed up from the strong support level 0.5500, which stopped the previous sharp weekly downtrend at the end of.

Nasdaq-100 Wave Analysis – 5 February 2025
Technical analysis
Nasdaq-100 Wave Analysis – 5 February 2025

– Nasdaq-100 reversed from pivotal support level 20800.00 – Likely to rise to resistance level 21800.00 Nasdaq-100 index previously reversed up from strongly the pivotal support level 20800.00, which has been steadily reversing the price from the end of December..

ADP jobs report: broad-based and strong growth
Market Overview
ADP jobs report: broad-based and strong growth

The latest ADP jobs report shows continued strong growth in the US labour market, with 183K new jobs created in the private sector. While manufacturing continues to suffer, the overall economy is resilient.

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