Important upcoming events and publications for May 3 (GMT):
08:30 U.K. Services PMI. Risks for GBP: Medium. The overall index has been declining since June last year. The April assessment is expected to show growth from 48.9 to 50.4, i.e. from decline to sluggish growth. Higher values can support the Pound.
09:00 Eurozone CPI. Risks for EUR: High. The price growth rate slowed from October 2018, when it reached 2.3% y/y. The April assessment is expected to show growth from 1.4% to 1.6%. Higher values can support the euro.
12:30 U.S. Nonfarm Payrolls. Risks for USD: Very high. Markets are set for the increase by 181K in April, which is below a 196K past month. The average for the past 12 months is at 211K. The increase above expectations can significantly support the dollar.
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
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