Forex & Financial news and FxPro analytics

– WTI broke daily Triangle – Likely to rise to resistance level 70.90 WTI crude oil today broke the resistance trendline of the daily Triangle from the end of October, inside which the price has been moving from October. The.

– AUDUSD reversed from resistance level 0.6270 – Likely to fall to support level 0.6200 AUDUSD currency pair recently reversed down from the resistance level 0.6270 (former multi-month support from the start October of 2023, acting as the resistance after.

– Nasdaq 100 reversed from strong support level 21000.00 – Likely to rise to resistance level 22000.00 Nasdaq 100 index recently reversed up from the strong support level 21000.00 (former resistance from the start of November), intersecting with the support.

– USDJPY reversed from key support level 156.35 – Likely to rise to resistance level 158.00 USDJPY currency pair recently reversed up from the key support level 156.35 (former resistance from November, acting as she support after it was broken.

The recent declines in US indices may have broken the bullish trend, indicated by technical signals. The S&P500 and Nasdaq100 are still fighting to maintain their upward trends. The overall outlook will become clearer by the end of the year.

The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed monetary policy. This short-term effect is unlikely to change the direction of the dollar's trend.

Bitcoin finds support near the 50-day moving average, but further declines in the stock market could trigger a deeper pullback. Analysts expect a potential dip into the $70k area but see a pullback to $90k attracting buyers.

– EURCHF falling inside minor impulse wave 5 – Likely to fall to support level 0.9250 EURCHF currency pair continues to fall inside the minor impulse wave 5, which started earlier from the  pivotal resistance level 0.9430 (standing well above.

– USDCHF reversed from resistance zone – Likely to fall to support level 0.8860 USDCHF currency pair recently reversed down from the strong resistance zone located between the round resistance level 0.90000 (which has been reversing the pair from the.

The US dollar is at two-year highs. Factors such as changes in the Fed's monetary policy and market speculation are driving its rise. The dollar's strength is also impacting EURUSD, which may continue to decline.

The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin is struggling, and there are concerns about a deeper correction. However, despite this, the outlook for the future remains positive.

– EURGBP reversed from support zone – Likely to rise to resistance level 0.8300 EURGBP currency pair recently reversed up from the support zone located between the key support level 0.8225 (which stopped the previous minor impulse wave i) and.