Forex & Financial news and FxPro analytics

– NZDUSD falling inside weekly impulse wave C – Likely to fall to support level 0.5500 NZDUSD currency pair recently reversed down from the lower trendline of the wide weekly down channel from the start of 2023 (which is acting.

– GBPUSD broke key support level 1.2300 – Likely to fall to support level 1.2100 GBPUSD currency pair recently broke the key support level 1.2300 (former multi-month low from April of 2024, as can be seen below from the daily.

– WTI crude oil reversed from support level 72.25 – Likely to rise to resistance level 74.60 WTI crude oil recently reversed up from the key support level 72.25 (former resistance from October and November, as can be seen below)..

– USDCAD reversed from support zone – Likely to rise to resistance level 1.4450 USDCAD currency pair recently reversed up from the support zone located between the support level 1.43000, 20-day moving average and the support trendline of the sharp.

– GBPCHF reversed from resistance zone – Likely to fall to support level 1.1200 GBPCHF currency pair recently reversed down from the resistance zone located between the strong multi-month resistance level 1.1360 (which has been reversing the price from September).

– USDJPY broke resistance level 158.00 – Likely to rise to resistance level 160.00 USDJPY currency pair recently broke the resistance level 158.00, which is the upper border of the narrow sideways price range inside which the pair has been.

Oil prices are rising due to stronger than expected economic data from the US, the ban on offshore oil drilling, and a decline in commercial inventories. If prices surpass certain levels, it could signal a reversal to sustained growth.

The cryptocurrency market experienced a decline due to speculation of tighter monetary policy. Bitcoin and Ethereum both saw losses, with Bitcoin attempting to bring its price below its 50-day moving average. Various factors, including US data and Trump's statements, contributed to the cautiousness of investors.

– USDCHF reversed from support zone – Likely to rise to support level 0.9130 USDCHF currency pair recently reversed up from the support zone located between the support level 0.9020 (former top of the impulse wave 1 from December) and.

– EURUSD reversed up from resistance zone – Likely to fall to support level 1.0255 EURUSD currency pair recently reversed down from the resistance zone set between the resistance level 1.0435 (which has been steadily reversing the price from the.

The crypto market is experiencing an upward trend, with a 10% increase since January. Bitcoin surpassed $100K and could potentially reach $134K. Global investment in crypto funds in 2024 reached a record $44.2bn.

– Nasdaq-100 reversed up from support zone – Likely to rise to resistance level 21855.00 Nasdaq-100 index recently reversed up from the support zone located at the intersection of the support level 20820.00 (low of the previous minor correction 2),.