Forex & Financial news and FxPro analytics

Market picture  Crypto market cap on Monday stands at $2.2 trillion, down 5.2% over seven days, although it showed some growth over the weekend. Local market capitalisation peaked on March 14th, but the active decline began about a month ago,.

Gold and silver have been enjoying a return to demand since early May, and buyers have stepped up in the last couple of days, bringing gold back above $2370 and silver back above $28.5.  Silver has recovered to the $28.0-28.8.

Market picture  The crypto market added 2.8% in the last 24 hours to a total cap of $2.34 trillion, returning to the levels of the start of the week. Bitcoin was up 2.7%, Ethereum +1.8%, with Solana (+7.3%) and Toncoin.

– Adobe reversed from resistance level 500.00 – Likely to fall to support level 460.00 Adobe recently reversed down from the round resistance level 500.00 (former multi-month support from September of last year). The resistance level 500.00 was strengthened by.

– Goldman Sachs rising inside impulse waves 3 and (3) – Likely to rise to resistance level 460.00 Goldman Sachs rising strongly after the price broke the major resistance level 424.00 (which stopped the previous sharp uptrend at the end.

– WTI crude oil reversed from support area – Likely to rise to resistance level 80.00 WTI crude oil recently reversed up with the daily Hammer from the support area lying between the pivotal support level 77.00 (which has been.

– AUDJPY reversed from support area – Likely to rise to resistance level 103.00 AUDJPY currency pair recently reversed up from the support area lying between the round support level 100.45 (former strong resistance from April), 20-day moving average and.

German industrial production continues to decline. The rate of contraction in March was slightly better than the average forecasts but maintained the downward trend.  The index of industrial production fell by 0.4% in March and by 3.3% y/y, having lost.

US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq100 indices are just 1.5% below the all-time highs set in March. .

Market picture  The crypto market has lost 2% of its capitalisation over the last 24 hours to $2.29 trillion. Bitcoin is losing 1.8%, Ethereum – 1.7%. Among the top altcoins, Solana is experiencing the biggest decline of 4%, while BNB.

– S&P 500 reversed from support level 5000.00 – Likely to rise to resistance level 5300.00 S&P 500 index recently reversed up from the support zone lying between the round support level 5000.00 (which also stopped the previous correction (2)),.

– USDCHF reversed from support zone – Likely to rise to resistance level 0.9200 USDCHF currency pair recently reversed up from the support zone lying between the round support level 0.9000 (which has been reversing the price from March), lower.