Forex & Financial news and FxPro analytics

– Adobe reversed from support zone – Likely to rise to resistance level 500.00 Adobe recently reversed up from the support zone lying between the support level 460.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the uptrend.

– EURJPY reversed from support zone – Likely to rise to resistance level 0.8625 EURGBP recently reversed up from the support zone lying between the key support levels 0.8500, 0.8550 and the lower daily Bollinger Band. The upward reversal from.

USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over 4.5% from a peak of 160.2 at the start of trading on Monday. Behind the pair’s rise is a long-term fundamental factor: a huge and.

Market picture  Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation bottomed near $2.10 trillion, confirming a sequence of declining local lows (2.3 in March, 2.25 in April) and highs (2.76 in mid-March, 2.67 in early.

– EURJPY under strong bearish pressure – Likely to fall to support level 163.10 EURJPY under the strong bearish pressure after the price reversed down from the major multi-year resistance level 170.00 (which started the sharp weekly downtrend back in.

– WTI broke round support level 80.00 – Likely to fall to support level 76.00 WTI crude oil recently broke the round support level 80.00 (which has been reversing the price from the middle of March) standing close to the.

The monthly ADP labour market report showed that America created 192K new jobs in April, above the forecasted 179K and following +208K in March (revised from 184K).  Overall, there was a slight slowdown in wage growth to 5% y/y from 5.1%.

Bears showed strength ahead of the FOMC decision.  U.S. indices sagged on Tuesday as investors opted to risk off. They are awaiting a tighter Fed tone following Wednesday’s meeting.  The S&P500 suffered a sell-off as it attempted to climb above.

Market Picture  Bitcoin’s closing price on Tuesday became the lowest since late February, confirming the downward trend and falling under March and April support and the psychologically important round level.  Bitcoin ended April down 15.5% to $59.9K, after six months.

– Ebay under the bearish pressure – Likely to fall to support level 51.00 Ebay under the bearish pressure after the price reversed down from the strong resistance level 52.50, (which has been reversing the price from March) – strengthened.

– GBPAUD reversed from key support level 1.9135 – Likely to rise to resistance level 1.9400 GBPAUD currency pair recently reversed up from the key support level 1.9135, which reversed the price sharply in April. The support level 1.9135 was.

Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per ounce. After a failed attempt to climb above $30 per ounce on 7 April, the downside momentum in Silver has been replaced by sideways consolidation.