Forex & Financial news and FxPro analytics

• AUDNZD broke pivotal support level 1.0535 • Likely to fall to support level 1.0500 AUDNZD today broke pivotal support level 1.0535 (previous multi-month low from the start of February, which also stopped the previous impulse wave (i) earlier this...

• EURCHF broke support zone • Likely to fall to support level 1.0740 EURCHF recently broke the support zone lying between the key support level 1.0800 (which stopped the previous impulse wave 1) and the support trendline of the daily...

• Sugar reversed from resistance zone • Likely to fall to support level 17.50 Sugar recently reversed down from the resistance zone lying between the key multi-month resistance level 18.85 (which stopped the sharp uptrend in February) and the upper...

Asian markets are losing again on Friday and are on track for their worst monthly decline since last March. However, we do note a marked improvement in sentiment compared to the start of the week. Friday’s 0.8% drop in Asian...

• WTI broke resistance zone • Likely to rise to resistance level 75.00 WTI crude oil recently broke the resistance zone located between the resistance level 72.20 and the 61.8% Fibonacci correction of the earlier downward ABC correction 2. The...

• FTSE 100 broke resistance zone • Likely to rise to resistance level 7170.00 FTSE 100 recently broke the resistance zone lying at the intersection of the round resistance level 7000.00 (former key support from May, June and July) and...

• GBPUSD broke resistance zone • Likely to rise to resistance level 1.4000 GBPUSD currency pair recently broke the resistance zone lying between the resistance level 1.3900 (top of the previous waves (a) and (iv)) and the 50% Fibonacci correction...

Economic data remains on the side of the weak dollar, especially contrasting with the brisk eurozone statistics today. Germany is reporting a 91k drop in the number of unemployed in July – the sharpest drop in 15 years and three...

Bulls and bears are tugging at the $40K threshold with mixed success. Bitcoin has crossed this critical technical and psychological level three times but has failed to consolidate above it. The current price momentum is occurring with some increased trading...

The Fed did not give any clear signals about the start of the stimulus rollback at the end of its regular meeting, indicating only the existence of discussion about it. That’s not to say that stock markets breathed a sigh...

• Nikkei 225 reversed from support zone • Likely to rise to resistance level 28300.00 Nikkei 225 index today reversed up from the support zone lying between the support level 27500.00  (which has been reversing the price from January), lower...

• GBPNZD broke resistance zone • Likely to rise to resistance level 2.0200 GBPNZD currency pair recently broke the resistance zone lying between the resistance level 1.9960 (top of the sideways price range inside which the pair has been trading...