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Brent quotes are undergoing a minor correction, yet the potential for an upward move towards the 67.05 USD resistance level remains intact. Discover more in our analysis for 13 May 2025. Brent forecast: key trading points The US and China suspended reciprocal tariffs for 90 days, sparking optimism over trade war de-escalation Supply concerns continue to […]
Market Picture The Crypto market cap has fallen 1.7% in the last 24 hours to $3.29 trillion, despite continued positive traction in the equity market. The strengthening dollar on news of tariffs has been a natural drag on cryptos. This is doubly true due to Bitcoin’s proximity to the highs, reinforcing the pull for short-term […]
Dow Jones: ⬆️ Buy – Dow Jones broke the resistance area – Likely to rise to resistance level 43000.00 Dow Jones index recently broke the resistance area between the resistance level 42000.00, 61.8% Fibonacci correction of the downward impulse from February and the resistance trendline from the same month. The breakout of this resistance area […]
USDCHF: ⬆️ Buy – USDCHF broke resistance area – Likely to rise to resistance levels 0.8500 and 0.8600 USDCHF currency pair recently broke the resistance area between the resistance level 0.8325 (which stopped the previous waves A and (b)) and the 38.2% Fibonacci correction of the downward impulse 5 from April. The breakout of this […]
Ahead of the Eurogroup meeting, the EURUSD pair may complete its correction and head towards the 1.1330 resistance level. Discover more in our analysis for 12 May 2025. EURUSD forecast: key trading points Eurogroup meeting in focus EURUSD forecast for 12 May 2025: 1.1330 Fundamental analysis Fundamental analysis for 12 May 2025 considers today’s Eurogroup […]
Gold (XAUUSD) has dropped to 3,275 USD as demand for safe-haven assets fades. The market is awaiting the announcement of a potential deal between China and the US. Find out more in our analysis for 12 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) prices decline amid expectations of progress in China-US trade talks […]