Forex & Financial news and FxPro analytics

• Facebook reversed from support zone • Likely to rise to resistance level 327.00 Facebook recently corrected up from the support zone lying between the key support level 307.00 (which has been reversing the price from last May) and the...

• Nikkei 225 reversed from support level 27375.00 • Likely to rise to resistance level 27750.00 Nikkei 225 index today reversed up sharply from the pivotal support level 27375.00 (which reversed the index multiple times from May of 202 never...

• NZDUSD reversed from support level 0.6700 • Likely to rise to resistance level 0.6800 NZDUSD recently reversed up from the key support level 0.6700 (previous monthly low from December), strengthened by the lower daily Bollinger Band. The upward reversal...

This corporate earnings season, gaining momentum this week, has so far caused more worries and disappointments than pleasant surprises. Judging by market dynamics, investors are getting rid of shares of pandemic favourites. However, we can’t say yet that they are...

The buying reflex on drawdowns can provide a false start for short-term investors. In the previous two years, markets fell on fears of pandemic effects, but central bankers and governments gave a supporting hand to the economy and pulled the...

The crypto market capitalisation fell to 1.83 trillion, losing 7.3% in the past 24 hours. As we had feared, the selloff was triggered by sharply negative sentiment in US equity markets and intensified by the breakdown of critical support levels....

• Natural gas reversed from resistance area • Likely to fall to support level 3.525 Natural gas recently reversed down from the resistance area set between the resistance level 4.4, upper daily Bollinger Band and the 50% Fibonacci correction of...

• EURNZD reversed from resistance level 1.6795 • Likely to fall to support level 1.6600 EURNZD recently reversed down from the key resistance level 1.6795 (which has been reversing the price from the start of October), intersecting with the upper...

• AUDCAD reversed from key support level 0.8970 • Likely to rise to resistance level 0.9100 AUDCAD recently reversed up from the key support level 0.8970 (previous monthly low from December), intersecting with the lower daily Bollinger Band. The upward...

Financial markets rebounded on Thursday after crucial US indices fell about 1% a day earlier. The Nasdaq 100 index closed 1.3% lower and moved into a correction phase, completing more than 10% below the peak. However, this is still a...

The Crypto Fear and Greed Index remains at 24 for the third day, on the extreme fear territory. However, such a low index reading this time does little to describe the dynamics of a market whose total capitalisation has been...

• Gold broke resistance level 1825.00 • Likely to rise to resistance level 1860.00 Gold continues to rise after the earlier breakout of the resistance level 1825.00 (top of the previous impulse wave (i)), intersecting with the 61.8% Fibonacci correction...