Forex & Financial news and FxPro analytics

• Dow Jones broke resistance level 34225.00 • Likely to rise to resistance level 35000.00 The Dow Jones Industrial Average recently broke the resistance level 34225.00 (which is the upper boundary of the narrow sideways price range from the middle...

• WTI reversed from resistance zone • Likely to fall to support level 62.90 WTI crude oil recently reversed down sharply from the resistance zone located between the resistance level 66.00 (top of wave (B) from April) and the upper...

• AUDCAD reversed from support zone • Likely to rise to resistance level 0.9550 AUDCAD recently reversed up sharply from the support zone located between the major support level 0.9455 (which has been reversing the price from December) and the...

• USDCHF broke support zone • Likely to fall to support level 0.9000 USDCHF recently broke the support zone located between the support level 0.9085 (low of the previous impulse wave 1) and the 50% Fibonacci correction of the upward...

• EURUSD testing resistance level 1.2145 • Likely to rise to resistance level 1.2240 EURUSD continues to rise strongly and is currently testing the resistance level 1.2145 (which reversed the previous impulse wave (1) In April)). The pair is currently...

The US employment report shockingly shows an increase in employment of only 266K for April. This is around four times lower than average forecasts had suggested. Manufacturing lost 18K jobs while construction kept the number of employees. The total private...

The US markets ended Thursday’s trading strongly, creating positive momentum for trading on Friday. If the US labour market report does not lead to a big disappointment, we could say that the recent period of mixed market performance and the...

Russia on Thursday authorized the use of a one-shot coronavirus vaccine called “Sputnik Light,” according to the country’s sovereign wealth fund, a move designed to boost vaccine supplies in countries with surging infection rates. The Russian Direct Investment Fund said...

The number of Americans filing new claims for unemployment benefits fell below 500,000 last week for the first since the COVID-19 pandemic started more than a year ago, signaling the labor market recovery had entered a new phase amid a...

Facebook, the world’s largest social media platform, found itself in a public dispute with communications app Signal this week over an ad campaign. The encrypted messaging service — a non-profit that rivals Facebook-owned WhatsApp — said in a blog on...

The COVID-19 pandemic has caused nearly 6.9 million deaths across the world, more than double the number officially recorded, a new analysis from the University of Washington’s Institute for Health Metrics and Evaluation (IHME) estimated. Deaths go unreported as most...

The governor of the Bank of England on Thursday warned inflation was likely to be “a bit bumpy” this year, but insisted there was little reason to panic over the medium term. His comments come shortly after the central bank...