Forex & Financial news and FxPro analytics

– Johnson & Johnson reversed from support level 144.00 – Likely to rise to resistance level 150.00 Johnson & Johnson recently reversed up with the daily Doji from the pivotal support level 144.00, which has been reversing the price from.

– Coca-Cola reversed from support level 61.00 – Likely to rise to resistance level 63.00 Coca-Cola recently reversed up from the key support level 61.00, former resistance from February, March and April. The support level 61.00 was strengthened by the.

A fresh batch of important monthly data on income, outlays, and personal consumption expenditure prices in the US has been published. Personal outlays grew by 0.2% in April after a 0.7% jump a month earlier. Incomes rose 0.3% following a.

The US S&P500 and Nasdaq100 have declined for the past three consecutive days, with futures pointing to a negative opening on Friday. Meanwhile, Dow Jones has almost erased the gains of the first half of the month, losing for the.

Market Picture  The cryptocurrency market increased modestly by 0.35% in 24 hours to $2.53 trillion. Bitcoin rose by 0.7% in that time, Ethereum changed a little, and many altcoins came under slight pressure.  Bitcoin continues to hang out under the.

– CHFJPY broke key resistance level 172.50 – Likely to rise to resistance level 174.00 CHFJPY currency pair recently broke above the key resistance level 172.50, which has been repeatedly reversing the price from the end of April. The breakout.

– Ebay reversed from support level 51.00 – Likely to rise to resistance level 54.60 Ebay recently reversed up from the key support level 51.00, which has been reversing the price from the middle of May. The support level 51.00.

Oil declined for the second day in a row, reversing down from its 200-day moving average for the third time this month. An OPEC+ meeting is scheduled for this weekend with enough potential to break the tie.  Oil’s upward trend.

Market picture The crypto market has lost almost 2% of its capitalisation in the last 24 hours to $2.51 trillion. Bitcoin is holding up better than the market, pulling back only 0.7% to $67.6K. Many top coins have deeper drawdowns..

– GBPUSD reversed from resistance level 1.2800 – Likely to fall to support level 1.2675 GBPUSD currency pair recently reversed down from the key resistance level 1.2800, which has been repeatedly reversing the price from December. The downward reversal from.

– USDJPY reversed from key support level 156.50 – Likely to rise to resistance level 160.00 USDJPY currency pair recently reversed up from the key support level 156.50, former resistance which stopped the previous minor impulse wave i at the.

German inflation confirmed an acceleration. Harmonised CPI rose to 2.8% vs 2.4% a month earlier and 2.3% in March. This is positive news for the Euro, which is lagging behind the Pound and relatively weak against the Dollar, based on.