#WaveAnalysis
▫️#EURGBP reversed from strong support level 0.8400;
▫️ Likely to rise to resistance level 0.8440.
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▫️#EURGBP reversed from strong support level 0.8400;
▫️ Likely to rise to resistance level 0.8440.
📣Trade responsibly with fxpro.com
FxPro News
Forex - EURGBP Wave Analysis 30 August 2024 | Technical analysis
- EURGBP reversed from strong support level 0.8400 - Likely to rise to resistance level 0.8440 EURGBP currency pair today reversed up from ...
#WaveAnalysis
▫️#CADJPY reversed from key support level 105.00;
▫️ Likely to rise to resistance level 110.00.
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▫️#CADJPY reversed from key support level 105.00;
▫️ Likely to rise to resistance level 110.00.
📣Trade responsibly with fxpro.com
FxPro News
Forex - CADJPY Wave Analysis 30 August 2024 | Technical analysis
- CADJPY reversed from key support level 105.00 - Likely to rise to resistance level 110.00 CADJPY currency pair recently reversed up with ...
#Crypto
▫️ The crypto market has rolled back to a total cap of $2 trillion;
▫️ #Bitcoin is down to $57.5K, showing a downward trend;
▫️ Kaiko fears authorities in the US, China, UK and Ukraine could realise their bitcoin holdings.
▫️ The crypto market has rolled back to a total cap of $2 trillion;
▫️ #Bitcoin is down to $57.5K, showing a downward trend;
▫️ Kaiko fears authorities in the US, China, UK and Ukraine could realise their bitcoin holdings.
FxPro News
Forex - Crypto Near August Bottom | Crypto Review
Market Picture Crypto market capitalisation has fallen to $2 trillion, hitting lows since 8th August and losing almost 10% over the past seven day...
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#Market Review
▫️ Crude Oil -2% on the week despite a strong start, and the technical picture looks ominous.
Meanwhile, US production, drilling and economic activity are broadly normal.
Gas prices remained near the lower end of the range for the past 25 years.
▫️ Crude Oil -2% on the week despite a strong start, and the technical picture looks ominous.
Meanwhile, US production, drilling and economic activity are broadly normal.
Gas prices remained near the lower end of the range for the past 25 years.
FxPro News
Forex - Pressure on oil continues | Market Overview
Often the release of fundamental data such as oil inventories and production or economic activity influences the market, although sometimes the price...
#WaveAnalysis
▫️#USDJPY reversed from support level 144.00;
▫️ Likely to rise to resistance level 149.35.
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▫️#USDJPY reversed from support level 144.00;
▫️ Likely to rise to resistance level 149.35.
📣Trade responsibly with fxpro.com
FxPro News
Forex - USDJPY Wave Analysis 2 September 2024 | Technical analysis
- USDJPY reversed from support level 144.00 - Likely to rise to resistance level 149.35 USDJPY currency pair recently reversed up from the ...
#WaveAnalysis #Race
▫️Ferrari rising inside sharp impulse wave 3;
▫️ Likely to test resistance level 500.00.
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▫️Ferrari rising inside sharp impulse wave 3;
▫️ Likely to test resistance level 500.00.
📣Trade responsibly with fxpro.com
FxPro News
Forex - Ferrari Wave Analysis 2 September 2024 | Technical analysis
- Ferrari rising inside sharp impulse wave 3 - Likely to test resistance level 500.00 Ferrari continues to rise inside the sharp ...
#Crypto
▫️ Crypto market is up 2.3% in 24 hours to $2.07 trillion, recovering to Friday's levels;
▫️ #Bitcoin just below $59K, pausing Monday's gains, remains below 50 and 200-day MAs and at the bottom of range;
▫️ #Tron's correction took the price to 0.1525 from a peak of 0.1680. A legitimate fix after the rally would make one cautious in case of a failure below $0.1430-0.1480.
▫️ Crypto market is up 2.3% in 24 hours to $2.07 trillion, recovering to Friday's levels;
▫️ #Bitcoin just below $59K, pausing Monday's gains, remains below 50 and 200-day MAs and at the bottom of range;
▫️ #Tron's correction took the price to 0.1525 from a peak of 0.1680. A legitimate fix after the rally would make one cautious in case of a failure below $0.1430-0.1480.
FxPro News
Forex - Wary Crypto Market | Crypto Review
Market Picture The crypto market rose 2.3% in 24 hours to reach a cap of $2.07 trillion, growing steadily throughout Monday. However, cautious Asi...
#MarketReview
▫️ The dollar index has recovered a quarter of its losses since peaking at the end of July;
▫️ The rally is behind falling odds of a 50bp Fed rate cut in September, but uncertainty may persist until 11 September;
▫️ Further upside targets for DXY are 102.45 and 106.0.
▫️ The dollar index has recovered a quarter of its losses since peaking at the end of July;
▫️ The rally is behind falling odds of a 50bp Fed rate cut in September, but uncertainty may persist until 11 September;
▫️ Further upside targets for DXY are 102.45 and 106.0.
FxPro News
Forex - Dollar: rebound or more? | Market Overview
The US dollar's recovery continues, and other markets are starting to notice. The dollar index is up 1.4% to 101.7, having found support twice in the...
#EconomicReview
▫️ Swiss consumer inflation slowed to 1.1% y/y, weaker than expected;
▫️ This paves the way for the third NBS rate cut this year;
▫️ #USDCHF is back below 0.8500, where it was only stable in 2011, forcing the central bank to push the franc out of that territory.
▫️ Swiss consumer inflation slowed to 1.1% y/y, weaker than expected;
▫️ This paves the way for the third NBS rate cut this year;
▫️ #USDCHF is back below 0.8500, where it was only stable in 2011, forcing the central bank to push the franc out of that territory.
FxPro News
Forex - Weak Swiss inflation paves the way for further rate cuts | Market Overview
Swiss inflation slowed to 1.1% y/y in August from 1.3% the previous month, below the 1.2% expected. In April and May, the rate of price increases ros...
#WaveAnalysis
▫️#USDCAD reversed from key support level 1.3450;
▫️ Likely to rise to resistance level 1.3600.
📣Trade responsibly with fxpro.com
▫️#USDCAD reversed from key support level 1.3450;
▫️ Likely to rise to resistance level 1.3600.
📣Trade responsibly with fxpro.com
FxPro News
Forex - USDCAD Wave Analysis 3 September 2024 | Technical analysis
- USDCAD reversed from key support level 1.3450 - Likely to rise to resistance level 1.3600 USDCAD currency pair recently reversed up ...
#Crypto
▫️ Crypto market plunged below $2 trillion, losing 4.8% on the day;
▫️ #Bitcoin fell to $55.5K on Wednesday morning, likely targeting $54K;
▫️ #Ethereum fell to $2380, risking a retest of $2100.
▫️ Crypto market plunged below $2 trillion, losing 4.8% on the day;
▫️ #Bitcoin fell to $55.5K on Wednesday morning, likely targeting $54K;
▫️ #Ethereum fell to $2380, risking a retest of $2100.
FxPro News
Forex - The crypto cap sinks below $2 trillion | Crypto Review
Market picture Pressure on the crypto market returned on Tuesday and intensified on Wednesday morning, with capitalisation falling 4.8% to $1.98 t...
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#MarketReview
▫️ Stock market volatility has risen again, with the S&P500 down 2% and the Nasdaq100 down over 3%;
▫️ The #SP500 is consolidating near the 50-day MA, a break below which opens the way to 5150 (-7%);
▫️ The #Nasdaq100 is already below its 50-day MA and technically open to 18200 (-4%).
▫️ Stock market volatility has risen again, with the S&P500 down 2% and the Nasdaq100 down over 3%;
▫️ The #SP500 is consolidating near the 50-day MA, a break below which opens the way to 5150 (-7%);
▫️ The #Nasdaq100 is already below its 50-day MA and technically open to 18200 (-4%).
FxPro News
Forex - US equities dip again: when to buy? | Market Overview
US equity markets have been hit by a sell-off, with the Nasdaq100 down more than 3% and the S&P500 down more than 2%, the biggest drop in almost ...
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#EconomicReview
▫️ Eurozone PPI have risen sharply in the past two months;
▫️ Business activity indices, however, point to weakness in manufacturing and growth only in services;
▫️ ECB unlikely to reconsider rate cuts as price rises have more to do with tariff wars than an overheating economy.
▫️ Eurozone PPI have risen sharply in the past two months;
▫️ Business activity indices, however, point to weakness in manufacturing and growth only in services;
▫️ ECB unlikely to reconsider rate cuts as price rises have more to do with tariff wars than an overheating economy.
FxPro News
Forex - A jump in eurozone PPI won’t stop ECB easing | Market Overview
Perhaps disinflationary trends in the eurozone are giving way to pro-inflationary ones. The eurozone's producer price index rose 0.8% in July after r...
#WaveAnalysis
▫️#GBPJPY reversed from resistance level 192.40;
▫️ Likely to fall to support level 188.00.
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▫️#GBPJPY reversed from resistance level 192.40;
▫️ Likely to fall to support level 188.00.
📣Trade responsibly with fxpro.com
FxPro News
Forex - GBPJPY Wave Analysis 4 September 2024 | Technical analysis
- GBPJPY reversed from resistance level 192.40 - Likely to fall to support level 188.00 GBPJPY currency pair recently reversed down from th...
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#WaveAnalysis
▫️#WTI crude oil broke key support level 71.40;
▫️ Likely to fall to support level 68.00.
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▫️#WTI crude oil broke key support level 71.40;
▫️ Likely to fall to support level 68.00.
📣Trade responsibly with fxpro.com
FxPro News
Forex - WTI crude oil Wave Analysis 4 September 2024 | Technical analysis
- WTI crude oil broke key support level 71.40 - Likely to fall to support level 68.00 WTI crude oil recently broke sharply below the key su...
#Crypto
▫️ Crypto market continues to tread water around $2 trillion despite a calm in stocks;
▫️ #Bitcoin loses 9th out of last 11 days, faces increased pressure in Asian session;
▫️ Kaiko points to BTC oversupply due to MtGox payouts and government sell-off.
▫️ Crypto market continues to tread water around $2 trillion despite a calm in stocks;
▫️ #Bitcoin loses 9th out of last 11 days, faces increased pressure in Asian session;
▫️ Kaiko points to BTC oversupply due to MtGox payouts and government sell-off.
FxPro News
Forex - Bitcoin Continues Downtrend | Crypto Review
Market Picture The Asian session continues to be tough for cryptocurrencies. The total market capitalisation had risen to $2.05 trillion the previ...
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#EconomicReview
▫️ US job openings fell to a 3-year low, but that's above 2019's peak;
▫️ ADP noted employment growth of 99K jobs, slowing after returning to the 15-year trend;
▫️ Weekly jobless claims have been falling steadily since July.
▫️ The labour market is not weak enough for an emergency rate cut
▫️ US job openings fell to a 3-year low, but that's above 2019's peak;
▫️ ADP noted employment growth of 99K jobs, slowing after returning to the 15-year trend;
▫️ Weekly jobless claims have been falling steadily since July.
▫️ The labour market is not weak enough for an emergency rate cut
FxPro News
Forex - US Labour Market: Normalisation, Not Recession | Market Overview
Fresh signs of a cooling labour market are boosting confidence in the Fed's policy turnaround but have so far had a mixed effect on the dynamics of m...
#WaveAnalysis
▫️#Gold reversed from support level $2475;
▫️ Likely to rise to resistance level $2535.
📣Trade responsibly with fxpro.com
▫️#Gold reversed from support level $2475;
▫️ Likely to rise to resistance level $2535.
📣Trade responsibly with fxpro.com
FxPro News
Forex - Gold Wave Analysis 5 September 2024 | Technical analysis
- Gold reversed from support level 2475.00 - Likely to rise to resistance level 2535.00 Gold recently reversed up from the support level 24...
#WaveAnalysis
▫️#AUDUSD reversed from support level 0.6700;
▫️ Likely to rise to resistance level 0.6800.
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▫️#AUDUSD reversed from support level 0.6700;
▫️ Likely to rise to resistance level 0.6800.
📣Trade responsibly with fxpro.com
FxPro News
Forex - AUDUSD Wave Analysis 5 September 2024 | Technical analysis
- AUDUSD reversed from support level 0.6700 - Likely to rise to resistance level 0.6800 AUDUSD currency pair recently reversed up from the ...
#Crypto
▫️ The crypto market is once again cheaper than $2 trillion, failing to push back from that mark;
▫️ #Bitcoin slipped below $56K despite several bounces, a weaker dollar and a stronger dollar;
▫️ Mining profitability hit a record low, leading to a 15% fall in public miners' capitalisation.
▫️ The crypto market is once again cheaper than $2 trillion, failing to push back from that mark;
▫️ #Bitcoin slipped below $56K despite several bounces, a weaker dollar and a stronger dollar;
▫️ Mining profitability hit a record low, leading to a 15% fall in public miners' capitalisation.
FxPro News
Forex - Bitcoin pressured by risk-off mood | Crypto Review
Market Picture The pressure on risk assets continues, pushing the crypto market capitalisation back below the bi milestone of $2 trillion. This le...
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#Market Review
▫️ In the FX market, safe havens have returned to early August extremes;
▫️ #USDJPY is back near 142, forming a death cross;
▫️ #USDCHF was in uncomfortable territory for the NBS, forcing further rate cuts;
▫️ #USDCNH has moved into the safe haven category.
▫️ In the FX market, safe havens have returned to early August extremes;
▫️ #USDJPY is back near 142, forming a death cross;
▫️ #USDCHF was in uncomfortable territory for the NBS, forcing further rate cuts;
▫️ #USDCNH has moved into the safe haven category.
FxPro News
Forex - Further Unwinding of Carry Trade | Market Overview
The unwinding of the carry trade in the FX market continues, with the major safe havens returning to the extremes seen against the dollar in early Au...