Forex & Financial news and FxPro analytics

AUDUSD broke resistance area Likely to rise to 0.6430 AUDUSD recently broke through resistance zone lying between the resistance level 0.6200 (which stopped the previous wave A in March) and the 61.8% Fibonacci correction of the previous sharp downward impulse...

Bank of America broke resistance area Likely to rise to 26.00 Bank of America recently broke resistance area lying between the key resistance level 24,00 (top of the pervious correction (ii) from March) coinciding with the 50% Fibonacci retracement of...

Gold reversed from support level 1640.00 Likely to rise to 1700.00 Gold recently reversed up from the support level 1640.00 (former top of the pervious correction (a) from March) coinciding with the support trendline of the sharp up channel from...

GBPJPY broke resistance area Likely to rise to 136.95 GBPJPY recently broke the resistance area lying between the key resistance level 134.00 (which stopped the previous wave A in March) and the 50% Fibonacci retracement of the downward impulse C...

AUDNZD rising steadily Likely to rise to 1.0500 AUDNZD has been rising steadily in the last few trading sessions in the short-term correction (ii), which started earlier from the middle March. The pair previously broke the resistance level 1.0340 (intersecting...

Market overview S&P500 added 1.2% after rising 3.4% the day before as new Fed’s $2.3 trillion loan program shadowed further surge in jobless claims. DAX grew 2.0% today, CAC40 strengthened by 1.7%, FTSE100 – at 2.1%. Currency market volatility continues...

German bank BayernLB predicted last year that bitcoin’s halving could drive its price to $90,000, roughly 12 times the current level. Cryptocurrency markets got a sneak preview on Wednesday as a lesser coin, bitcoin cash, went through its own halving....

It’s official. Microsoft announced that they’re making all events digital. To curb the spread of COVID-19, all internal and external events will be digital-only until July 2021. This is a smart and necessary move by Microsoft. If we’re going to...

A tail-risk hedge fund advised by Nassim Taleb, author of “The Black Swan,” returned 3,612% in March, paying off massively for clients who invested in it as protection against a plunge in stock prices. The fund, managed by Universa Investments...

The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel coronavirus outbreak abruptly ground the country to halt, which would cement views the economy was...

Global cases: More than 1,511,104 Global deaths: At least 88,338 Most cases reported: United States (429,052), Spain (148,220), Italy (139,422), France (113,959), and Germany (113,296). Russia has reported a record one-day rise of 1,459 new cases of coronavirus Thursday, making...

Some of the world’s largest oil producers will hold an emergency meeting on Thursday to try to agree on historic output cuts, as the coronavirus pandemic continues to crush worldwide demand for crude. OPEC and non-OPEC partners, sometimes referred to...