Forex & Financial news and FxPro analytics

– CHFJPY broke key resistance level 172.50 – Likely to rise to resistance level 174.00 CHFJPY currency pair recently broke above the key resistance level 172.50, which has been repeatedly reversing the price from the end of April. The breakout.

– Ebay reversed from support level 51.00 – Likely to rise to resistance level 54.60 Ebay recently reversed up from the key support level 51.00, which has been reversing the price from the middle of May. The support level 51.00.

Oil declined for the second day in a row, reversing down from its 200-day moving average for the third time this month. An OPEC+ meeting is scheduled for this weekend with enough potential to break the tie.  Oil’s upward trend.

Market picture The crypto market has lost almost 2% of its capitalisation in the last 24 hours to $2.51 trillion. Bitcoin is holding up better than the market, pulling back only 0.7% to $67.6K. Many top coins have deeper drawdowns..

– GBPUSD reversed from resistance level 1.2800 – Likely to fall to support level 1.2675 GBPUSD currency pair recently reversed down from the key resistance level 1.2800, which has been repeatedly reversing the price from December. The downward reversal from.

– USDJPY reversed from key support level 156.50 – Likely to rise to resistance level 160.00 USDJPY currency pair recently reversed up from the key support level 156.50, former resistance which stopped the previous minor impulse wave i at the.

German inflation confirmed an acceleration. Harmonised CPI rose to 2.8% vs 2.4% a month earlier and 2.3% in March. This is positive news for the Euro, which is lagging behind the Pound and relatively weak against the Dollar, based on.

Consumer inflation in Australia rose in April, contrary to the expected decline. Year-on-year price gains totalled 3.6% vs. 3.5% previously, and average forecasts of a decline to 3.4%. The inflation rate reached a plateau late last year, falling to 3.4%,.

Market picture The crypto market added 1.3% in 24 hours to $2.58 trillion. This is roughly the area where trading has been centred for the last week, despite attempts by speculators to rock the market. Volatility in the market has.

– WTI crude oil reversed from key support level 76.70 – Likely to rise to resistance level 81.10 WTI crude oil recently reversed up from the support zone located between the key support level 76.70, which has been reversing the.

– McDonald’s under strong bearish pressure – Likely to fall to support level 250.00 McDonald’s Corp under the strong bearish pressure after the price broke the key support level 261.40, which stopped the previous minor impulse wave i at the.

The Nasdaq100 and S&P500 indices are showing measured gains, while volatility has declined to levels last seen in January 2020. Many traders are looking at this volatility compression as the calm before the storm, something we saw just over four.