Forex & Financial news and FxPro analytics

• Gold broke daily down channel • Likely to reach resistance level 2415.00 Gold recently broke the resistance trendline of the narrow daily down channel from April, which enclosed the previous ABC correction (4). The breakout of this down channel.

• AUDUSD broke key resistance level 0.6650 • Likely to reach resistance level 0.6760 AUDUSD currency pair recently broke the key resistance level 0.6650, which has been reversing the pair from the start of March. The breakout of the resistance.

The US dollar has been under relentless pressure since last Thursday, approaching more than one-month lows against the euro and the pound. In general, we can identify a downward trend of the dollar against a basket of six developed country.

Market Picture Neither the meme mania in equities, the overall positivity in stock indices, nor the weakening dollar seems to be helping cryptocurrencies right now. Crypto market capitalisation is down 0.1% and has been moving around the current $2.29 trillion.

• EURCHF rising inside impulse wave 3 • Likely to reach resistance level 0.9835 EURCHF currency pair continues to rise inside the impulse wave 3, which started earlier from the support trendline of the daily Triangle from April. The active.

• Goldman Sachs broke the key resistance level 430.00 • Likely to rise to resistance level 470.00 Goldman Sachs continues to rise inside the accelerated impulse wave 3, which previously broke the key  resistance level 430.00. The breakout of the.

Crude oil has been under pressure over the past four weeks but has been gaining support on the decline to $77 per barrel WTI and $82 per barrel Brent since the beginning of the month. The price has been consolidating.

Market picture Crypto market capitalisation rose 0.8% over the past 24 hours to 2.2 trillion, but growth exceeded 2% for most of the period. However, it dipped at the start of active European trading, temporarily returning to levels of a.

• Platinum reversed from resistance level 1010.00 • Likely to fall to support level 990.00 Platinum just reversed down from the major resistance level 1010.00, which has been reversing the price from the end of December. The resistance level 1010.00.

• Coca-Cola rising inside sharp impulse wave (3) • Likely to reach resistance level 64.00 Coca-Cola rising inside the sharp upward impulse wave (3), which started earlier from the key support level 61.00 (former strong resistance from February ad March)..

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.