News
Weak US manufacturing PMI and the upcoming speech by Fed Chairman Jerome Powell could trigger a correction in the USDCAD rate towards 1.3770. Discover more in our analysis for 2 June 2025. USDCAD forecast: key trading points US manufacturing PMI: previously at 48.7, projected at 49.3 Speech by US Federal Reserve Chairman Jerome Powell USDCAD […]
Ethereum: ⬇️ Sell – Ethereum reversed from resistance zone – Likely to fall to support level 2400.00 Ethereum cryptocurrency recently reversed down from the resistance zone lying between the resistance level 2800.00 (which has been reversing the price from February), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from December. […]
GBPCAD: ⬇️ Sell – GBPCAD reversed from resistance zone – Likely to fall to support level 1.8275 GBPCAD currency pair recently reversed down from the resistance zone lying between the resistance level 1.8720 (which stopped the previous impulse wave (3) and the resistance trendline of the weekly up channel from 2023. This resistance zone was […]
Rising inflation expectations and a possible decline in the US core PCE price index may drive XAUUSD quotes towards the 3,365 USD mark. Discover more in our analysis for 30 May 2025. XAUUSD forecast: key trading points US core PCE price index: previously at 2.6%, projected at 2.5% University of Michigan US inflation expectations: previously at […]
The EURUSD pair faces selling pressure, with quotes declining after rebounding from the 1.1385 resistance level. Find more details in our analysis for 30 May 2025. EURUSD forecast: key trading points The US economy contracted by 0.2% year-on-year in Q1 2025 The US CEO Confidence Index fell in Q2 2025 to its all-time low EURUSD […]
Monero: ⬇️ Sell – Monero reversed from round resistance level 400.00 – Likely to fall to support level 300.00 Monero recently reversed down from the powerful round resistance level 400.00, standing far above the upper daily Bollinger Band. The price will form the weekly Japanese candlesticks reversal pattern Bearish Engulfing if it closes this week […]