USDCHF: ⬇️ Sell – USDCHF broke daily up channel – Likely to fall to support level 0.8200 USDCHF currency pair recently broke the support zone between the support level 0.8275 and the support trendline of the daily up channel from.

Polkadot: ⬆️ Buy – Polkadot reversed from support level 1.0300 – Likely to rise to resistance level 1.2600 Polkadot cryptocurrency recently reversed up from the support zone between the support level 1.0300 (former resistance from the middle of August, which.

AUDJPY: ⬆️ Buy – AUDJPY reversed from key support level 109.00 – Likely to rise to resistance level 111.00 AUDJPY currency pair recently reversed up from the support zone between the key support level 109.00 (which stopped wave (A) at.

Apple: ⬇️ Sell – Apple reversed from strong resistance level 346.00 – Likely to fall to support level 330.00 Apple recently reversed down from the resistance zone between the strong resistance level 346.00 (which stopped wave (A) at the end.

Welcome to Pro News Weekly! 💵 The US dollar struggles to gain momentum as accelerating inflation keeps the Fed’s monetary policy in focus. AI-related developments and falling Treasury yields add further uncertainty.

The dollar is weakening in line with Treasury bond yields, whilst the Australian dollar has come under pressure due to a deterioration in the labour market and reduced expectations of an RBA rate rise.

The crypto market rose by 2.2% to $2.76T, returning to the 50-day MA. Bitcoin held support at $80K, while broad gains across altcoins bolstered bullish sentiment.

💷 The British pound is facing mounting pressure as investors weigh expectations of a Bank of England rate hike in November against slowing economic growth and persistent budget concerns.

The yen gained on US dollar selling, verbal intervention and hawkish BoJ rhetoric. However, the wide yield spread still supports the USDJPY uptrend.

Today is Thursday, October 15, and we’re going to talk about the British pound and its reaction to the inflation data that came out in the US yesterday. Let’s look at and discuss only the daily chart today.

The crypto market fell to a near one-month low amid inflation and a sell-off in risky assets. Bitcoin holds the 50-day MA, but ETF outflows and a USDT shortage heighten risks.

Verizon: ⬆️ Buy – Verizon reversed from strong support level 41.00 – Likely to rise to resistance level 45.00 Verizon recently reversed up from the strong support level 41.00, which previously stopped the ABC correction 2 at the start of.