Navigate the Financial Wilderness!
Navigate the Financial Wilderness!
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Natural Gas Wave Analysis 20 November 2024

– Natural gas broke the multi-month resistance level 3.150 – Likely to rise to resistance level 3.750 Natural gas continues to rise strongly after the earlier breakout of the key multi-month resistance level 3.150, reversing the price from May. The.

Natural Gas Wave Analysis 20 November 2024
Coca-Cola Wave Analysis 20 November 2024

Coca-Cola earlier reversed up from the support zone between the pivotal support level 61.35 (former monthly high from February and March) and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Japanese candlesticks reversal.

The pound falls despite an acceleration in inflation

UK inflation accelerated to 2.3%, its highest level since March, but this did not boost the Pound significantly. Producer prices also exceeded expectations, but remain disinflationary. The Pound's failure to hold above 1.2700 suggests a bearish outlook with a potential target near 1.23.

The crypto market loses some spark

The cryptocurrency market cap is up 0.3% in 24 hours. Bitcoin reached new all-time highs on Tuesday night, but did not trigger stop orders like last week.

Market Overview

Temporary dollar dip or intrinsic euro strength?
Temporary dollar dip or intrinsic euro strength?
Oil at the lower end of the range
Oil at the lower end of the range
Crypto Review

The crypto market loses some spark
The crypto market loses some spark

The cryptocurrency market cap is up 0.3% in 24 hours. Bitcoin reached new all-time highs on Tuesday night, but did not trigger stop orders like last week.

Bitcoin is aiming for $110K
Bitcoin is aiming for $110K

Crypto market has paused after rallying since the end of last week with Bitcoin is trading at near $92K - the upper boundary.

Altcoins Gain Momentum
Altcoins Gain Momentum

Altcoins are driving the crypto market's growth, with XRP surpassing $1 and optimism around Dogecoin and Cardano. Bitcoin is seeing institutional trader interest while retail investors move into altcoins.

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Technical analysis

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Natural Gas Wave Analysis 20 November 2024
Natural Gas Wave Analysis 20 November 2024

– Natural gas broke the multi-month resistance level 3.150 – Likely to rise to resistance level 3.750 Natural gas continues to rise strongly after the earlier breakout of the key multi-month resistance level 3.150, reversing the price from May. The.

Coca-Cola Wave Analysis 20 November 2024
Coca-Cola Wave Analysis 20 November 2024

Coca-Cola earlier reversed up from the support zone between the pivotal support level 61.35 (former monthly high from February and March) and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Japanese candlesticks reversal.

S&P 500 index Wave Analysis 19 November 2024
S&P 500 index Wave Analysis 19 November 2024

– S&P 500 index reversed from support zone – Likely to rise to resistance level 6000.00 S&P 500 index recently reversed up from the pivotal support level 5850.00 (former multi-day resistance from October). The support level 5850.00 was further strengthened.

EURCAD Wave Analysis 19 November 2024
EURCAD Wave Analysis 19 November 2024

– EURCAD reversed from resistance level 1.4885 – Likely to fall to support level 1.4750 EURCAD currency pair recently reversed down from the resistance level 1.4885 (which is the lower border of the wide sideways price range inside which the.

Gold Wave Analysis 18 November 2024
Gold Wave Analysis 18 November 2024

– Gold reversed from key support level 2550.00 – Likely to rise to resistance level 2650.00 Gold recently reversed up from the support zone located between the key support level 2550.00 (which also reversed the price in the middle of.

EURUSD Wave Analysis 18 November 2024
EURUSD Wave Analysis 18 November 2024

– EURUSD reversed from long-term support level 1.0500 – Likely to rise to resistance level 1.0620 EURUSD currency pair recently reversed up from the major long-term support level 1.0500 (which has been steadily reversing the price from the start of.

GBPUSD Wave Analysis 14 November 2024
GBPUSD Wave Analysis 14 November 2024

– GBPUSD reversed from strong support level 1.2665 – Likely to rise to resistance level 1.2840 GBPUSD currency pair recently reversed up from the strong support level 1.2665 (former monthly low from August), standing close to the lower daily Bollinger.

USDCAD Wave Analysis 14 November 2024
USDCAD Wave Analysis 14 November 2024

– USDCAD broke resistance level 1.3950 – Likely to rise to resistance level 1.4050 USDCAD currency pair rising strongly after the earlier breakout of the resistance level 1.3950 (former multi-month high from August). The breakout of the resistance level 1.3950.

USDJPY Wave Analysis 13 November 2024
USDJPY Wave Analysis 13 November 2024

– USDJPY broke key resistance level 154.70 – Likely to rise to resistance level 157.20 USDJPY currency pair recently broke the key resistance level 154.70 (former stern support from June, which has been reversing the price from the end of.

USDJPY Wave Analysis 13 November 2024
USDJPY Wave Analysis 13 November 2024

– USDJPY broke key resistance level 154.70 – Likely to rise to resistance level 157.20 USDJPY currency pair recently broke the key resistance level 154.70 (former stern support from June, which has been reversing the price from the end of.

EURGBP Wave Analysis 12 November 2024
EURGBP Wave Analysis 12 November 2024

– EURGBP reversed from long-term support level 0.8265 – Likely to rise to resistance level 0.8365 EURGBP currency pair previously reversed up from the long-term support level 0.8265 (former powerful support from the start of 2022) coinciding with the lower.

USDCHF Wave Analysis 12 November 2024
USDCHF Wave Analysis 12 November 2024

– USDCHF rising inside impulse wave (C) – Likely to reach resistance level 0.8900 USDCHF currency pair continues to rise inside the medium-term impulse wave (C), which previously broke the resistance level 0.8730 coinciding with the 50% Fibonacci correction of.

Dow Jones Wave Analysis 11 November 2024
Dow Jones Wave Analysis 11 November 2024

– Dow Jones rising inside impulse wave 5 – Likely to reach resistance level 45000.00 Dow Jones index continues to rise inside the minor impulse wave 5, which previously broke the key resistance level 43500.00 and the resistance trendline of.

EURUSD Wave Analysis 11 November 2024
EURUSD Wave Analysis 11 November 2024

– EURUSD under bearish pressure – Likely to fall to support level 1.0600 EURUSD currency pair is under bearish pressure after the earlier breakout of the key support level 1.0685, which has been reversing the price from the middle of.

CHFJPY Wave Analysis 8 November 2024
CHFJPY Wave Analysis 8 November 2024

– CHFJPY broke daily up channel – Likely to fall to support level 174.00 CHFJPY currency pair under bearish pressure after the earlier breakout of the support trendline of the sharp daily up channel from the end of September. The.

NZDJPY Wave Analysis 8 November 2024
NZDJPY Wave Analysis 8 November 2024

– NZDJPY reversed from resistance level 92.00 – Likely to fall to support level 90.40 NZDJPY currency pair recently reversed down from the resistance level 92.00, which is the upper boundary of the narrow sideways price range inside which the.

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Brokers News

Nvidia Joins the Dow Jones, Replacing Intel in a Major Shift for the Chip Industry
Nvidia Joins the Dow Jones, Replacing Intel in a Major Shift for the Chip Industry

Nvidia stock will replace Intel in the Dow Jones Industrial Average Index starting from Nov 8th.

US Election Trading Conditions 2024
US Election Trading Conditions 2024

The U.S. election takes place on November 5th, 2024, and markets are expected to experience heightened volatility. Any changes to trading conditions during this period will be updated on this page. Current Status: Normal trading conditions remain in effect.

Introducing Binance Coin (BNB) CFD Trading!
Introducing Binance Coin (BNB) CFD Trading!

We are excited to announce that Binance Coin (BNB) is now available as a CFD for trading at FxPro! This addition allows our clients to diversify their crypto portfolio with one of the leading coins in the market, benefiting from.

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Brexit

Brexit reality stokes fears for the peace in Northern Ireland
Brexit reality stokes fears for the peace in Northern Ireland

The deep anger among some pro-British unionists in Northern Ireland over post-Brexit trade barriers that cut it off from the rest of the United Kingdom is emblazoned along the road from Belfast to the mainly Protestant port town of Larne..

Pound Optimism Fades Along With Brexit Glow for Asset Managers
Pound Optimism Fades Along With Brexit Glow for Asset Managers

The pound’s Brexit deal honeymoon looks well and truly over, with the currency off to the worst start to the year among its Group-of-10 peers. Allianz Global Investors has taken a short position on sterling against the euro, citing the.

The Brexit deal leaves the future uncertain for financial services — here’s what is at stake
The Brexit deal leaves the future uncertain for financial services — here’s what is at stake

Britain formally left the European Union’s trade bloc on Dec. 31, marking a new era for the U.K.-EU relationship. After months of wrangling, new rules for trade were finally agreed just days before the year-end deadline. But in a document.

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21/11/24 | 13:30 (GMT)
USD | Unemployment Claims (Nov) !!!
EURUSD 1.09106
GBPUSD 1.26959
USDJPY 144.311