#Crypto
▫️The crypto market lost 0.75% in 24 hours to $2.29 trillion
▫️#Bitcoin managed to push back from the 50-day MA
▫️#Solana ecosystem surpassed #Ethereum for the first time in terms of trading volume on DEX
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▫️The crypto market lost 0.75% in 24 hours to $2.29 trillion
▫️#Bitcoin managed to push back from the 50-day MA
▫️#Solana ecosystem surpassed #Ethereum for the first time in terms of trading volume on DEX
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FxPro News
Forex - Bitcoin fends off bear attack, clinging to levels | Crypto Review
Market picture The crypto market lost 0.75% in 24 hours to $2.29 trillion. A day earlier, we noted a decline in cryptocurrencies in contrast to th...
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#NFP #EconomicReview
▫️The US economy added 114K jobs in July;
▫️Wage growth also missed expectations;
▫️Unemployment rate rose from 4.1% to 4.3%;
▫️Markets access chances of more than 3 rate cuts in 2024;
▫️Untypically, US Dollar weakens along with stocks.
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▫️The US economy added 114K jobs in July;
▫️Wage growth also missed expectations;
▫️Unemployment rate rose from 4.1% to 4.3%;
▫️Markets access chances of more than 3 rate cuts in 2024;
▫️Untypically, US Dollar weakens along with stocks.
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FxPro News
Forex - Weak labour market sparks simultaneous sell-off in equities and dollar | Market Overview
The US economy added 114K jobs in July, well below expectations. The private sector added 97K jobs, the smallest increase since March last year. The ...
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#WaveAnalysis #SPX
– S&P 500 Index under bearish pressure
– Likely to fall to support level 5200.00
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– S&P 500 Index under bearish pressure
– Likely to fall to support level 5200.00
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FxPro News
Forex - S&P 500 Index Wave Analysis 2 August 2024 | Technical analysis
- S&P 500 Index under bearish pressure - Likely to fall to support level 5200.00 S&P 500 Index is under the bearish pressure after ...
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#Crypto
▫️ The cryptocurrency market lost 27% in a week to cap at $1.79
▫️ #Bitcoin plunged to $49K on Monday, risking breaking important cyclical support
▫️ All this is happening against the background of Bitcoin's "institutional acceptance" growing rapidly. What a cold reception.
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▫️ The cryptocurrency market lost 27% in a week to cap at $1.79
▫️ #Bitcoin plunged to $49K on Monday, risking breaking important cyclical support
▫️ All this is happening against the background of Bitcoin's "institutional acceptance" growing rapidly. What a cold reception.
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FxPro News
Forex - Crypto investors have lost their nerve | Market Overview
Market picture The cryptocurrency market was hit by a sell-off over the weekend, the likes of which haven't been seen in a long time. We would not...
#Review
▫️ There is classic risk-aversion in the markets
▫️ Judging by the VIX, fear is really high.
▫️ Dow Jones, S&P500, Nasdaq100 at risk of falling to 200-week MA
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▫️ There is classic risk-aversion in the markets
▫️ Judging by the VIX, fear is really high.
▫️ Dow Jones, S&P500, Nasdaq100 at risk of falling to 200-week MA
Read more
FxPro News
Forex - An unlikely buying opportunity for US Indices | Market Overview
There is a classic risk aversion in the markets, reminiscent of what we saw some 16 years ago in 2008. The sell-off in U.S. markets does not look ext...
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#WaveAnalysis
▫️#Nikkei225 reversed from support level 30600;
▫️Likely to rise to resistance level 35000.
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▫️#Nikkei225 reversed from support level 30600;
▫️Likely to rise to resistance level 35000.
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FxPro News
Forex - Nikkei 225 Wave Analysis 5 August 2024 | Technical analysis
- Nikkei 225 reversed from support level 30600.00 - Likely to rise to resistance level 35000.00 Nikkei 225 index recently reversed up from ...
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#Crypto
▫️ Crypto market cap +11.3% in 24h, but -17% in 7 days;
▫️ #Bitcoin recouped 2/3 of Monday's losses, giving food for thought for both optimists and pessimists;
▫️ Liquidations for 5th August reached $1.10bn, 5-month maximum.
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▫️ Crypto market cap +11.3% in 24h, but -17% in 7 days;
▫️ #Bitcoin recouped 2/3 of Monday's losses, giving food for thought for both optimists and pessimists;
▫️ Liquidations for 5th August reached $1.10bn, 5-month maximum.
Read more
FxPro News
Forex - Bitcoin’s bear rally? | Crypto Review
Market picture The cryptocurrency market has survived the peak of fear, finding the strength to consolidate during European trading and begin a re...
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#Review #WTI
▫️ Oil continues to plummet, with only a brief rebound on Monday;
▫️ US commercial inventories are only down 1.5% y/y, while the SPR is up 8%;
▫️ Technical picture is on the sell side after falling below 200-week MA
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▫️ Oil continues to plummet, with only a brief rebound on Monday;
▫️ US commercial inventories are only down 1.5% y/y, while the SPR is up 8%;
▫️ Technical picture is on the sell side after falling below 200-week MA
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FxPro News
Forex - Oil is in no hurry to turn to growth | Market Overview
After starting Monday with a plunge of more than 3%, oil recovered almost all losses by the end of the day. However, as the price approached the $74 ...
#EconomicReview
▫️ RBA keeps interest rate at 4.35%, warns it is prepared to keep it there for a long time
▫️ RBA doesn't seem spooked by recent sell-off and isn't ready to ease monetary conditions
▫️ #AUDUSD continues to struggle for support at 0.6500
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▫️ RBA keeps interest rate at 4.35%, warns it is prepared to keep it there for a long time
▫️ RBA doesn't seem spooked by recent sell-off and isn't ready to ease monetary conditions
▫️ #AUDUSD continues to struggle for support at 0.6500
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FxPro News
Forex - A hawkish RBA could be a role model for other G10 banks | Market Overview
The Reserve Bank of Australia kept its cash rate on hold at a 12-year high of 4.35%, as widely expected by markets. In a statement along with the dec...
#WaveAnalysis
▫️#EURCAD reversed from resistance level 1.5110;
▫️Likely to fall to support level 1.5000.
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▫️#EURCAD reversed from resistance level 1.5110;
▫️Likely to fall to support level 1.5000.
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FxPro News
Forex - EURCAD Wave Analysis 6 August 2024 | Technical analysis
- EURCAD reversed from resistance level 1.5110 - Likely to fall to support level 1.5000 EURCAD currency pair recently reversed down from th...
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#WaveAnalysis #AAPL
▫️#Apple reversed from support zone;
▫️Likely to rise to resistance level 210.00.
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▫️#Apple reversed from support zone;
▫️Likely to rise to resistance level 210.00.
Read more
FxPro News
Forex - Apple Wave Analysis 6 August 2024 | Technical analysis
- Apple reversed from support zone - Likely to rise to resistance level 210.00 Apple recently reversed up from support zone located between...
#Crypto
▫️ The crypto market cap is back above $2 trillion;
▫️ a Death cross is forming in #Bitcoin and #Ethereum;
▫️ and hedge fund Capula reported holding $464 million worth of bitcoin ETF shares (approx. 1.5% AUM).
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▫️ The crypto market cap is back above $2 trillion;
▫️ a Death cross is forming in #Bitcoin and #Ethereum;
▫️ and hedge fund Capula reported holding $464 million worth of bitcoin ETF shares (approx. 1.5% AUM).
Read more
FxPro News
Forex - Bitcoin: From Shock to the Death Cross | Crypto Review
Market picture Crypto market capitalisation is back above $2 trillion, up 1.3% over 24 hours. On Wednesday, the Crypto Fear and Greed Index retrea...
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#MarketReview
▫️ #USDJPY surges over 2% on BOJ comments
▫️ The recent rally looks like a necessary rebound from extreme oversold conditions.
▫️ So far, it makes sense to talk about a market calming but not a monetary policy reversal or a new round of USDJPY growth.
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▫️ #USDJPY surges over 2% on BOJ comments
▫️ The recent rally looks like a necessary rebound from extreme oversold conditions.
▫️ So far, it makes sense to talk about a market calming but not a monetary policy reversal or a new round of USDJPY growth.
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FxPro News
Forex - BoJ comments ease USDJPY oversold but are unlikely to be a game-changer | Market Overview
USDJPY jumped more than 2% after comments from the Bank of Japan's deputy governor reduced the chances of further policy tightening soon. Uchida said...
#EconomicReview
▫️ #NZDUSD up over 1% on Wednesday to 0.6010 on better-than-expected jobs data.
▫️ Wages rose 4.2% y/y, above CPI's 3.3% growth.
▫️ NZDUSD reverses again from global support levels.
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▫️ #NZDUSD up over 1% on Wednesday to 0.6010 on better-than-expected jobs data.
▫️ Wages rose 4.2% y/y, above CPI's 3.3% growth.
▫️ NZDUSD reverses again from global support levels.
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FxPro News
Forex - The New Zealand dollar rises on a strong labour market | Market Overview
The New Zealand dollar is up more than 1% against the US dollar on Wednesday, breaking above 0.6000. A rebound in global markets and better-than-expe...
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#WaveAnalysis
▫️ #USDCHF reversed from the support zone;
▫️ Likely to rise to resistance level 0.8735.
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▫️ #USDCHF reversed from the support zone;
▫️ Likely to rise to resistance level 0.8735.
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FxPro News
Forex - USDCHF Wave Analysis 7 August 2024 | Technical analysis
- USDCHF reversed from support zone - Likely to rise to resistance level 0.8735 USDCHF currency pair recently reversed up from support zone...
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#WaveAnalysis
▫️ #USDCAD reversed from long-term resistance level 1.3900;
▫️ Likely to fall to support level 1.3700.
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▫️ #USDCAD reversed from long-term resistance level 1.3900;
▫️ Likely to fall to support level 1.3700.
Read more
FxPro News
Forex - USDCAD Wave Analysis 7 August 2024 | Technical analysis
- USDCAD reversed from long-term resistance level 1.3900 - Likely to fall to support level 1.3700 USDCAD currency pair recently reversed do...
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#Crypto
▫️ Crypto market continues to hover around $2 trillion;
▫️ #XRP surges 25% on conclusion of SEC case;
▫️ #Toncoin +10% on news of listing on Binance;
▫️ CryptoQuant says miners' capitulation is almost complete.
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▫️ Crypto market continues to hover around $2 trillion;
▫️ #XRP surges 25% on conclusion of SEC case;
▫️ #Toncoin +10% on news of listing on Binance;
▫️ CryptoQuant says miners' capitulation is almost complete.
Read more
FxPro News
Forex - XRP and Toncoin enjoy some good news | Crypto Review
Market picture The crypto market has been quietly hovering around the $2 trillion mark for the past two days. However, this could be a base format...
#MarketReview
▫️ #GBPUSD under pressure, fails to break above 200-week average on move
▫️ The Pound pulled back to the 200-day average on the retreat.
▫️ #EURGBP pulls back after testing the lower boundary of an 8-year trading range.
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▫️ #GBPUSD under pressure, fails to break above 200-week average on move
▫️ The Pound pulled back to the 200-day average on the retreat.
▫️ #EURGBP pulls back after testing the lower boundary of an 8-year trading range.
Read more
FxPro News
Forex - Sterling proves unprepared for new highs | Market Overview
The British Pound has been under increased pressure over the past few weeks, facing serious resistance as it tries to break important long-term level...
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#WaveAnalysis
▫️#EURGBP reversed from resistance zone
▫️Likely to fall to support level 0.8540
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▫️#EURGBP reversed from resistance zone
▫️Likely to fall to support level 0.8540
Read more
FxPro News
Forex - EURGBP Wave Analysis 8 August 2024 | Technical analysis
- EURGBP reversed from resistance zone - Likely to fall to support level 0.8540 EURGBP currency pair earlier reversed down from the resista...
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#WaveAnalysis
▫️#EURJPY reversed from support zone
▫️Likely to rise to resistance level 162.50
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▫️#EURJPY reversed from support zone
▫️Likely to rise to resistance level 162.50
Read more
FxPro News
Forex - EURJPY Wave Analysis 8 August 2024 | Technical analysis
- EURJPY reversed from support zone - Likely to rise to resistance level 162.50 EURJPY currency pair recently reversed up sharply from the ...
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