Navigate the Financial Wilderness!
Navigate the Financial Wilderness!
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Ebay Wave Analysis 21 October 2024

– Ebay reversed from strong resistance level 67.45 – Likely to fall to support level 64.00 Ebay recently reversed down twice from the strong resistance level 67.45 (which stopped the previous impulse wave 3) intersecting with the upper daily Bollinger.

Ebay Wave Analysis 21 October 2024
EURSUD Wave Analysis 21 October 2024

– EURSUD reversed from resistance level 1.0875 – Likely to fall to support level 1.0800 EURSUD currency pair recently reversed down from the key resistance level 1.0875 (former support from the start of August) standing near the 38.2% Fibonacci correction of.

Weak German PPI Send the Euro Back Down

The German Producer Price Index fell more than expected, increasing the likelihood of further monetary policy easing in the eurozone. This weakened the euro against the dollar, with a potential path towards lower support levels.

The Crypto Market Maintains an upward Momentum

Market Picture The crypto market has maintained its upward trajectory, with total capitalisation up more than 7% in seven days to $2.39 trillion, the highest since late July. The Cryptocurrency Fear and Greed Index is in the 71-73 (greed) range.

Market Overview

Weak German PPI Send the Euro Back Down
Weak German PPI Send the Euro Back Down
Key Events for the Week Ahead
Key Events for the Week Ahead
Bearish control over oil
Bearish control over oil
Crypto Review

The Crypto Market Maintains an upward Momentum
The Crypto Market Maintains an upward Momentum

Market Picture The crypto market has maintained its upward trajectory, with total capitalisation up more than 7% in seven days to $2.39 trillion, the highest since late July. The Cryptocurrency Fear and Greed Index is in the 71-73 (greed) range.

Crypto: From Fear to Greed in One Week
Crypto: From Fear to Greed in One Week

Market picture The crypto market has gained around 8% over the past seven days, stabilising near $2.30 trillion over this week and reaching a capitalisation of $2.32 trillion at the time of writing on Friday. The sentiment index is firmly.

The Crypto Market Stabilises at the Top
The Crypto Market Stabilises at the Top

Market Picture The cryptocurrency market remains steady at around $2.31 trillion in market capitalisation, mirroring the local highs of late September, while Bitcoin continues to climb. The pause in overall growth has led to a 2-point dip in the Cryptocurrency.

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Technical analysis

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Ebay Wave Analysis 21 October 2024
Ebay Wave Analysis 21 October 2024

– Ebay reversed from strong resistance level 67.45 – Likely to fall to support level 64.00 Ebay recently reversed down twice from the strong resistance level 67.45 (which stopped the previous impulse wave 3) intersecting with the upper daily Bollinger.

EURSUD Wave Analysis 21 October 2024
EURSUD Wave Analysis 21 October 2024

– EURSUD reversed from resistance level 1.0875 – Likely to fall to support level 1.0800 EURSUD currency pair recently reversed down from the key resistance level 1.0875 (former support from the start of August) standing near the 38.2% Fibonacci correction of.

Apple Wave Analysis 17 October 2024
Apple Wave Analysis 17 October 2024

– Apple reversed from key resistance level 237.00 – Likely to fall to support level 227.00 Apple recently reversed down from the key resistance level 237.00 (which stopped the previous sharp impulse wave (1) in the middle of July) standing well above.

Aig Wave Analysis 17 October 2024
Aig Wave Analysis 17 October 2024

– Aig reversed from support level 76.60 – Likely to rise to resistance level 79.65 Aig recently reversed up from the pivotal support level 76.60 (former strong resistance level which stopped the previous impulse wave (1)) at the end of August. The.

GBPCAD Wave Analysis 16 October 2024
GBPCAD Wave Analysis 16 October 2024

– GBPCAD reversed from resistance zone – Likely to fall to support level 1.7750 GBPCAD currency pair recently reversed down from the key resistance zone between the strong resistance level 1.8085 (which stopped the previous impulse wave i) and the upper.

USDCHF Wave Analysis 16 October 2024
USDCHF Wave Analysis 16 October 2024

– USDCHF broke resistance zone – Likely to rise to resistance level 0.8730 USDCHF currency pair recently broke the resistance zone between the resistance level 0.8600 (which stopped the previous impulse wave 3) and the 61.8% Fibonacci correction of the downward.

Exxon Mobil Wave Analysis 15 October 2024
Exxon Mobil Wave Analysis 15 October 2024

– Exxon Mobil reversed from the resistance zone – Likely to fall to support level 117.55 Exxon Mobil recently reversed from the resistance zone between the pivotal resistance level 123.25 (former monthly high from April) and the upper weekly Bollinger Band. The.

EURJPY Wave Analysis 15 October 2024
EURJPY Wave Analysis 15 October 2024

– EURJPY reversed from the resistance zone – Likely to fall to support level 160.90 EURJPY currency pair recently reversed down from the resistance zone located between the key resistance level 163.00 (which has been reversing the price from the.

S&P 500 index Wave Analysis 14 October 2024
S&P 500 index Wave Analysis 14 October 2024

– S&P 500 index broke resistance level 5785.00 – Likely to rise to resistance level 5985.00 S&P 500 index under the bullish pressure after the price broke resistance zone located between the pivotal resistance level 5785.00 (which stopped wave 1.

USDJPY Wave Analysis 14 October 2024
USDJPY Wave Analysis 14 October 2024

– USDJPY broke resistance zone – Likely to rise to resistance level 152.00 USDJPY currency pair recently broke through resistance zone located between the key resistance level 149.30 (former top of wave b from the middle of August) and the.

CHFJPY Wave Analysis 11 October 2024
CHFJPY Wave Analysis 11 October 2024

– CHFJPY broke resistance zone – Likely to rise to resistance level 174.90 CHFJPY currency pair under the bullish pressure after the earlier breakout of the resistance zone located between the key resistance level 172.00 (which stopped the previous waves.

GBPUSD Wave Analysis 11 October 2024
GBPUSD Wave Analysis 11 October 2024

– GBPUSD reversed from support zone – Likely to rise to resistance level 1.3200 GBPUSD currency pair recently reversed up from the support zone located between the pivotal support level 1.3030 (former monthly high from July), lower daily Bollinger Band.

EURUSD Wave Analysis 10 October 2024
EURUSD Wave Analysis 10 October 2024

– EURUSD broke support zone – Likely to fall to support level 1.0875 EURUSD currency pair under the bearish pressure after the earlier breakout of the support zone located between the key support level 1.1000 (former monthly low from September).

EURGBP Wave Analysis 10 October 2024
EURGBP Wave Analysis 10 October 2024

– EURGBP reversed from resistance zone – Likely to fall to support level 0.8340 EURGBP currency pair recently reversed down from the resistance zone located between the key resistance level 0.8400 (former strong support from June, July and August) intersecting.

USDCAD Wave Analysis 9 October 2024
USDCAD Wave Analysis 9 October 2024

– USDCAD broke the resistance zone – Likely to rise to resistance level 1.3750 USDCAD currency pair recently broke the resistance zone located between the key resistance level 1.3635 (former monthly high from September) intersecting with the 38.2% Fibonacci correction.

Gold Wave Analysis 9 October 2024
Gold Wave Analysis 9 October 2024

– Gold broke the support zone – Likely to fall support level 2580.00 Gold recently broke the support zone set between the support level 2625.00 (which stopped wave A at the end of September), the support trendline of the daily.

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Brokers News

2 of the Biggest ETFs Just Landed at FxPro!
2 of the Biggest ETFs Just Landed at FxPro!

We are thrilled to announce that FxPro now offers two of the biggest US ETFs: SPY and QQQ! Trade from as little as 0.01 lots. Dive into the world of ETF CFDs with FxPro today! 📈 Marketing communication, not trading.

Get ready for NVIDIA Stock Split
Get ready for NVIDIA Stock Split

Nvidia (NVDA) has announced a 10-for-1 stock split. 📅 The split is set to happen after the US stock market closes on June 7, with trading on a post-split basis starting on June 10. Key points to note: At FxPro,.

⚡️Calling all EV Stock Sharks⚡️
⚡️Calling all EV Stock Sharks⚡️

Zeekr, China’s Tesla rival, recently had its IPO, and now you can trade it at FxPro!You can find this new stock on the FxPro platform & mobile app with the FxPro MT5 account type under the ticker ZK.N ✅Trade 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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22/10/24 | 13:25 (GMT)
GBP | BOE Governor Andrew Bailey Speaks !!!
EURGBP 0.85925
GBPJPY 183.205
GBPUSD 1.26959