Latest Market News
Bitcoin: ⬇️ Sell – Bitcoin broke daily up channel – Likely to fall to support level 105,000.00 Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May. The breakout of this up […]
GBPJPY: ⬇️ Sell – GBPJPY reversed from the key resistance level 196.00 – Likely to fall to support level 193.00 GBPJPY currency pair recently reversed down from the key resistance level 196.00(which has been reversing the price from March) intersecting with the upper daily Bollinger Band. The downward reversal from this resistance level 196.00 created […]
The EURUSD pair came under pressure following a US Trade Court ruling and the release of the latest FOMC meeting minutes. Find out more in our analysis for 29 May 2025. EURUSD forecast: key trading points Market focus: the US Court of International Trade blocked President Donald Trump’s tariffs Current trend: correcting downwards EURUSD forecast for […]
A sharp drop in US GDP and a rise in initial jobless claims may push the USDJPY pair lower towards the 144.70 level. Find more details in our analysis for 29 May 2025. USDJPY forecast: key trading points US Q1 GDP: previously at 2.4%, currently at -0.3% US initial jobless claims: previously at 227 thousand, […]
EURCAD: ⬆️ Buy – EURCAD reversed from the support zone – Likely to rise to resistance level 1.5755 EURCAD currency pair recently reversed up from the support zone between the support level 1.5550 and the support trendline of the daily Triangle from March. The support level 1.5550 was further strengthened by the lower daily Bollinger […]
Microsoft: ⬇️ Sell – Microsoft reversed from resistance zone – Likely to fall to support level 447.00 Microsoft recently reversed down from the resistance zone located between the resistance levels 465.00 (which stopped the weekly uptrend in 2024) and 455.00 (top of wave (B) from the end of 2024). This resistance zone was further strengthened […]