The end of Operation Epic Fury and progress in Iran talks are pressuring the dollar, pushing EURUSD toward 1.1760. Japan continues to intervene while gold rallies above $4,700.
The crypto market has reached $2.69T (+0.75%). Zcash and Toncoin have surged by 29% and 23%. Bitcoin, at $81.5K, is moving towards the 200-day moving average at $83.3K. TON rises on Telegram news.
₿ Bitcoin is emerging as a key beneficiary of rising geopolitical tensions in the Middle East. As conflict intensifies, investors are rotating capital away from traditional assets like gold and equities, reinforcing Bitcoin’s growing role as a safe-haven alternative.
The dollar benefited from a stock market pullback and rising oil prices; Japan has room for further intervention, while the pound is under pressure ahead of elections.
The crypto market has reached $2.67T, hitting its highest level since February. Bitcoin at $81K — six days in green in a row. Toncoin +29%. The Fear and Greed Index has returned to neutral territory for the first time since January.
Today is May 5th and this is a special silver market review for FX Pro.
Today we'll look at what's happening in the silver market.
EURGBP: ⬆️ Buy – EURGBP reversed from support zone – Likely to rise to resistance level 0.8685 EURGBP currency pair recently reversed from the support zone between the strong long-term support level 0.8620 (which has been repeatedly reversing the price from the.
EURCHF: ⬆️ Buy – EURCHF reversed from support zone – Likely to rise to resistance level 0.9250 EURCHF currency pair recently reversed from the support zone between the support level 0.9150 (which has been reversing the price from the end of March),.
CADJPY: ⬆️ Buy – CADJPY reversed from strong support level 114.00 – Likely to rise to resistance level 117.00 CADJPY currency pair recently reversed from the support zone between the strong support level 114.00 (low of wave 2 from the end of.
WTI: ⬆️ Buy – WTI reversed from key support level 96.60 – Likely to rise to resistance level 107.30 WTI crude oil recently reversed from the support zone between the key support level 96.60 (former resistance from April, acting now.
Shifting Fed rate outlook impacts USD. Trade tensions rise. Japan spent $34B on interventions last week while USDJPY and EURJPY show signs of resistance.
The crypto market has reached $2.64T (+1.4%), with Bitcoin exceeding $80K; the next key milestone is $85K. Dash (+30%) and BAT (+10.2%) are leading the way. Even the underdogs are in the black.