FPG XAUUSD Market Report May 12, 2025
FPG XAUUSD Market Report May 12, 2025 Gold (XAUUSD) is currently trading at 3324.81, as shown by the blue line. Price action shows signs of consolidation following a sharp rally in April. Recent candles reflect uncertainty and range-bound movement, with price trapped between support at 3285.33 and resistance at 3433.27. A potential Bollinger Band squeeze […]
Bitcoin Nears Record Highs
Bitcoin Nears Record Highs Bitcoin surged past the $100,000 mark over the weekend, trading just under $104,000 late Sunday after briefly touching $105,000 earlier in the day. The world’s largest cryptocurrency has gained strong momentum in recent sessions and now sits only 4.5% below its all-time high of $108,786 reached in January. Analysts say the […]
FPG NFLX Market Report May 9, 2025
FPG NFLX Market Report May 9, 2025 NFLX is currently around 1151.27, continuing its strong bullish run. Price has cleanly broken through major resistance zones and is trending higher in a strong upward channel. The weekly chart suggests sustained buying pressure, supported by expanding volatility and a bullish MACD. NFLX has surged past the previous […]
Jobless Claims Fall Despite Tariff Tensions
Jobless Claims Fall Despite Tariff Tensions The U.S. labor market showed continued strength last week, with new unemployment claims falling despite growing concerns over the economic impact of President Trump’s sweeping “Liberation Day” tariffs. According to the Labor Department, 228,000 Americans filed for jobless benefits in the week ending May 3, down from the previous […]
FPG LTCUSD Market Report May 8, 2025
FPG LTCUSD Market Report May 8, 2025 LTCUSD is currently around 86.776, continuing its recovery from March lows and now approaching a key resistance zone at 91.029. The market shows signs of building short-term bullish momentum, although it remains under pressure from the longer-term downtrend and the declining moving average. Price action shows a steady […]
Fed Holds Rates Amid Rising Economic Risks
Fed Holds Rates Amid Rising Economic Risks The Federal Reserve kept interest rates steady on Wednesday, maintaining its benchmark range at 4.25%–4.50% for the third consecutive meeting despite intensifying calls from President Donald Trump for a rate cut. Central bank officials signaled growing concern about the economic outlook, citing mounting risks of both elevated inflation […]
FPG USDJPY Market Report May 6, 2025
FPG USDJPY Market Report May 6, 2025 USDJPY is currently around 144.047, retreating after failing to break the key resistance area around 145.396. While the pair has shown short-term recovery from its recent downtrend, the price action near resistance suggests a potential consolidation or bearish correction. The pair attempted to break through the 145.396–145.756 resistance […]
S&P 500 Hits Longest Winning Streak Since 2004
S&P 500 Hits Longest Winning Streak Since 2004 S&P 500 futures were flat early Monday after Wall Street notched its longest winning streak in over two decades, marking nine consecutive days of gains. It’s the index’s best run since 2004 — the same year Mark Zuckerberg launched Facebook from his Harvard dorm room — and […]
FPG XAUUSD Market Report May 5, 2025
FPG XAUUSD Market Report May 5, 2025 XAUUSD is currently around 3241.10, having recently pulled back after testing major resistance at 3332.70. While the broader trend remains bullish, the latest weekly candle shows a bearish rejection at the upper band, suggesting a short-term correction may be underway. The chart shows a strong multi-week rally culminating […]
Won Steady as Trade Surplus Rises, Manufacturing Slips.
Won Steady as Trade Surplus Rises, Manufacturing Slips. The South Korean won held steady around 1,398 per US dollar on Monday, consolidating gains after touching a five-month high in the previous session. The move comes amid speculation that the Trump administration is pressing regional economies to allow their currencies to appreciate against the US dollar, […]
FPG TSLA Market Report May 2, 2025
FPG TSLA Market Report May 2, 2025 TSLA price is currently around 283.86, testing a key resistance zone around 298.72 after rebounding from a support level near 225.80. Despite the recent bullish weekly candle, the medium-term trend remains bearish as price stays below the 20-week moving average. TSLA has made a sharp bounce from oversold […]
Gold Slumps to $3,220 as Risk Sentiment Shifts
Gold Slumps to $3,220 as Risk Sentiment Shifts Gold prices plunged to $3,220 per ounce on Thursday, marking a sharp 2% drop and the lowest level since mid-April. This decline reflects a major sentiment shift in global markets, as easing geopolitical tensions and a stronger US dollar reduce the appeal of traditional safe-haven assets. Investors […]
FPG BTCUSD Market Report May 1, 2025
FPG BTCUSD Market Report May 1, 2025 BTCUSD is currently consolidating below a major resistance level at 94981.29 after a strong rally in late April. Price is holding around 94122.73, showing signs of momentum exhaustion with potential for a short-term pullback or sideways correction. Price remains above the Ichimoku cloud, indicating a broader bullish structure, […]
BOJ Holds Rates, Cuts Growth Outlook.
BOJ Holds Rates, Cuts Growth Outlook. The Bank of Japan opted to keep its policy rate unchanged at 0.5% in its April meeting, marking a second consecutive rate hold as the central bank continues to monitor rising global uncertainty — particularly over U.S. trade policy. Governor Kazuo Ueda and his colleagues struck a cautious tone, […]
FPG AUS200 Market Report April 30, 2025
FPG AUS200 Market Report April 30, 2025 AUS200 is staging a rebound from the March lows, currently traded around 8085.89 and testing dynamic resistance levels. Although recent candles show strong bullish recovery, the index remains under pressure from the longer-term downtrend initiated in Q1 2025. Price has sharply bounced from the 7220–7400 zone and is […]
Aussie Dollar Firms After Q1 Inflation Beat
Aussie Dollar Firms After Q1 Inflation Beat The Australian dollar edged higher toward $0.64 on Wednesday, recovering some ground after losses in the previous session. The move came as investors digested fresh inflation data that slightly exceeded market expectations, offering a more nuanced outlook on monetary policy in the months ahead. Headline inflation in Australia […]
FPG EURUSD Market Report April 29, 2025
FPG EURUSD Market Report April 29, 2025 EURUSD is consolidating around 1.14019 after a strong bullish run, struggling to sustain momentum against the key resistance at 1.15120. While the broader uptrend remains intact, signs of hesitation are emerging as the pair moves sideways within a tight range. Price action shows EURUSD hovering just above the […]
Bitcoin Eyes 13% April Gain After Rough Q1
Bitcoin Eyes 13% April Gain After Rough Q1 Bitcoin ( BTCUSD ) held steady around $94,000 early Monday, wrapping up a strong April rally that’s set to deliver a 13% monthly gain. The turnaround follows a tough first quarter that saw Bitcoin tumble 25% from peak to trough, shaking investor confidence. April’s rebound marks Bitcoin’s […]
FPG XAUUSD Market Report April 28, 2025
FPG XAUUSD Market Report April 28, 2025 XAUUSD is currently consolidating after a strong bullish rally, hovering around 3318.99, slightly below the recent peak at 3424.32. Although momentum remains positive, signs of short-term exhaustion are emerging as price struggles to maintain highs and oscillates within a narrowing range. After reaching a new high at 3424.32, […]
Canadian Retail Sales Rebound in March Amid Tariff Concerns
Canadian Retail Sales Rebound in March Amid Tariff Concerns Canadian shoppers boosted their spending in March, easing fears that a global trade war and a softening labor market would sharply curb consumer activity. Statistics Canada’s advance estimate showed retail receipts rose 0.7% last month, marking a rebound after a sluggish start to the year. The […]
FPG MSFT Market Report April 25, 2025
FPG MSFT Market Report April 25, 2025 MSFT has recently rebounded from the 359.71 support level with a strong bullish weekly candle, indicating an attempt to recover from the recent downtrend. The price is currently traded around 384.93, slightly below a key resistance level and moving averages, signaling a potential medium-term turning point. Following several […]
Tesla Shares Climb on 2025 Budget EV Plans
Tesla Shares Climb on 2025 Budget EV Plans Tesla Inc. shares surged over 5% on Wednesday as investors looked past weaker-than-expected first-quarter earnings and focused instead on the company’s reaffirmed commitment to launching a more affordable electric vehicle by early 2025. While Tesla reported a year-over-year decline in revenue, operating income, and profit margins—largely anticipated […]
FPG ETHUSD Market Report April 24, 2025
FPG ETHUSD Market Report April 24, 2025 ETHUSD is showing signs of a strong intraday breakout after a prolonged downtrend, reclaiming the 1795.53 level with a solid bullish candle. This breakout follows a period of consolidation and suggests a possible bullish reversal attempt in the short term. After finding a firm base near the 1473.20 […]
Trump Softens Stance, Markets Rebound Strongly.
Trump Softens Stance, Markets Rebound Strongly. U.S. equity futures surged on Wednesday, led by a 2% gain in S&P 500 contracts, as global markets reacted positively to President Donald Trump’s latest comments signaling a de-escalation in both monetary and trade tensions. Asian equities also climbed, and the U.S. dollar strengthened, as investors embraced a renewed […]
FPG UK100 Market Report April 23, 2025
FPG UK100 Market Report April 23, 2025 UK100 has shown a significant rebound after a sharp correction that previously pushed the price down to the major support zone near 7999.55. The index is currently trading around 8352.82, breaking back above the 8300 psychological level and indicating a potential medium-term recovery after a bearish breakdown. Following […]
Sterling Tests Key Resistance at $1.3430
Sterling Tests Key Resistance at $1.3430 The British pound extended its rally on Tuesday, with the GBP/USD pair rising above $1.34 and marking an eleventh consecutive day of gains — its longest winning streak in years. Since mid-January, sterling has surged over 11% amid growing expectations of monetary easing from the Bank of England and […]
FPG AUDUSD Market Report April 22, 2025
FPG AUDUSD Market Report April 22, 2025 AUDUSD has shown a sharp recovery from the April lows near 0.59530 and is currently traded around 0.64039, testing a key resistance area. The bullish momentum remains strong, but price is entering overbought territory with Stochastic Oscillator nearing 90. A short-term correction may be expected if resistance holds. […]
Bitcoin Rises Amid Fed Uncertainty
Bitcoin Rises Amid Fed Uncertainty Bitcoin rallied 3% on Monday, climbing above $87,500 as markets responded to growing tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. The political standoff is boosting investor expectations for lower interest rates — a scenario that typically supports risk assets like cryptocurrencies. The renewed speculation over […]
FPG XAUUSD Market Report April 21, 2025
FPG XAUUSD Market Report April 21, 2025 Gold (XAUUSD) remains in a strong uptrend, recently reaching a new high at 3344.70 before facing slight resistance. Price currently traded around 3326.16, consolidating near the upper Bollinger Band. Momentum remains bullish as gold holds above multiple key support levels. After a strong breakout from the 3209.57 resistance […]
Sterling Rally Eyes $1.3430 Resistance
Sterling Rally Eyes $1.3430 Resistance The British pound has surged 4.5% against the U.S. dollar over the past nine trading sessions, with GBP/USD reaching as high as $1.3285 on Friday — its highest level in seven months. The rally has captured the attention of currency traders, who now watch the key resistance level of $1.3430. […]
FPG AAPL Market Report April 18, 2025
FPG AAPL Market Report April 18, 2025 AAPL continues to face downward pressure on the weekly timeframe after a rejection from key resistance at 211.44. The price has declined to 197.96, traded near the lower Bollinger Band, suggesting potential oversold conditions as it approaches a major support area. Price action shows a clear rejection at […]
US Jobless Claims Dip Despite Tariff Concerns
US Jobless Claims Dip Despite Tariff Concerns U.S. initial jobless claims declined last week, signaling continued labor market resilience even as new tariffs and economic uncertainty weigh on the outlook. According to the Department of Labor, claims for the week ending April 12 fell to 215,000 from 224,000 the prior week, below economists’ expectations of […]
FPG BTCUSD Market Report April 17, 2025
FPG BTCUSD Market Report April 17, 2025 BTCUSD is showing signs of short-term consolidation after rebounding from a major support area. Price action is currently hovering around 84270.45, with no clear breakout above key resistance. Momentum remains neutral to mildly bullish as market participants weigh the next direction. Price has been oscillating within a tight […]
NZ Dollar Slips as Inflation Fails to Shift Rate Cut Bets
NZ Dollar Slips as Inflation Fails to Shift Rate Cut Bets The New Zealand dollar declined to around $0.591 on Thursday, ending a six-day winning streak as investors remained focused on the likelihood of further monetary easing, despite an uptick in inflation. The dip came amid a stronger U.S. dollar and cautious remarks from Federal […]
FPG USDCNH Market Report April 16, 2025
FPG USDCNH Market Report April 16, 2025 USDCNH is exhibiting a medium-term bullish structure, with price traded above the Ichimoku cloud, a key signal of underlying bullish momentum. Recent price action shows a strong bounce from support, with the pair now challenging horizontal resistance zones in a potentially trend-continuation setup. Price is currently around 7.3295, […]
Canada Inflation Slows to 2.3% in March
Canada Inflation Slows to 2.3% in March Canada’s annual inflation rate unexpectedly slowed in March, offering a potential reprieve for the Bank of Canada amid ongoing discussions around monetary policy and rate cuts. The latest data showed that cost pressures cooled despite the expiry of a temporary federal tax break. According to Statistics Canada, the […]
FPG USTEC Market Report April 15, 2025
FPG USTEC Market Report April 15, 2025 USTEC shows signs of short-term recovery after a recent sharp downtrend, traded around 18766.30, as seen from the strong bounce off the recent lows. The index is now testing a key Fibonacci level amid bearish pressure from the 50-day EMA. Price action is currently hovering around the 38.2% […]
Yuan Holds at 7.32 as US-China Trade Tensions Escalate
Yuan Holds at 7.32 as US-China Trade Tensions Escalate The offshore Chinese yuan remained weak around 7.32 per dollar on Thursday, maintaining its recent decline as markets digested escalating trade tensions between the United States and China. Investor sentiment continues to be weighed down by renewed tariff threats from the Trump administration and geopolitical friction […]
FPG XAUUSD Market Report April 14, 2025
FPG XAUUSD Market Report April 14, 2025 XAUUSD (Gold) maintains its strong bullish momentum, recently reaching a new all-time high at 3245.43 before closing slightly lower at 3238.14. Despite signs of rejection from the top, the overall trend remains bullish with market sentiment still highly positive. Price action has significantly breached the upper Bollinger Band, […]
Singapore Eases Monetary Policy Again Amid Global Slowdown
Singapore Eases Monetary Policy Again Amid Global Slowdown Singapore’s central bank eased its monetary policy for the second time, citing a deteriorating global economic environment and persistently subdued inflationary pressures. The Monetary Authority of Singapore (MAS) announced on Monday that it would continue to allow a modest and gradual appreciation of the Singapore dollar nominal […]
FPG NFLX Market Report April 11, 2025
FPG NFLX Market Report April 11, 2025 The NFLX weekly chart shows a strong bullish rally from early to late 2024, marked by higher highs and lows. The price pushed above the upper Bollinger Band in late 2024, signaling overbought conditions. After peaking near 1059.60, signs of exhaustion appeared with smaller candles and growing selling […]
FPG LTCUSD Market Report April 10, 2025
FPG LTCUSD Market Report April 10, 2025 LTCUSD is currently attempting a rebound after a sharp multi-week decline, with price hovering around 73.556. Although bearish pressure has slowed, the market remains fragile as the pair stays below the Ichimoku cloud and key moving averages. The weekly candlestick shows a bounce back from 62.547, forming a […]
Asian Stocks Surge as Trump Pauses Tariffs
Asian Stocks Surge as Trump Pauses Tariffs Asian equity markets rallied sharply on Thursday, following a dramatic rebound on Wall Street after U.S. President Donald Trump announced a 90-day pause on newly imposed tariffs for multiple trading partners—excluding China. The unexpected move brought relief to global investors and reignited risk-on sentiment across the region. The […]
FPG AUS200 Market Report April 9, 2025
FPG AUS200 Market Report April 9, 2025 AUS200 is currently in a strong bearish correction, with price traded around 7421.10, significantly below the key resistance at 7920.28. Although there’s a visible rebound from the 7209.32 support zone, the long-term structure remains under pressure following a multi-week selloff, pushing the index well below its moving averages […]
Yen Rises Past 146 on Tariff Fears and Trade Tensions
Yen Rises Past 146 on Tariff Fears and Trade Tensions The Japanese yen appreciated past 146 per dollar on Wednesday, marking its second consecutive session of gains as escalating geopolitical risks fueled demand for safe-haven currencies. The move came ahead of the implementation of sweeping US tariffs under President Donald Trump’s trade policy agenda. Concerns […]
FPG USDJPY Market Report April 8, 2025
FPG USDJPY Market Report April 8, 2025 USDJPY remains under bearish pressure. Despite a rebound from the 145.509 support zone, the broader trend stays negative as the price continues to trade beneath key Ichimoku components, signaling limited upside momentum for now. The current price is hovering around 147.952, still well below the 149.231 area which […]
Australian Consumer Confidence Rises Despite Global Trade War Concerns
Australian Consumer Confidence Rises Despite Global Trade War Concerns Australian consumer confidence posted a modest increase last week, even as fears grow over the global economic impact of an escalating trade war. According to the latest ANZ-Roy Morgan consumer confidence survey, the index rose by 1.5 points to 86.8—signaling cautious optimism among Australian households. Economist […]
FPG XAUUSD Market Report April 7, 2025
FPG XAUUSD Market Report April 7, 2025 Gold (XAUUSD) maintains its strong bullish trend on the weekly timeframe, currently positioned around 3037.87 after reaching a weekly high. Price action remains confined within a well-defined ascending channel, supported by continued bullish momentum. However, the appearance of a rejection wick at the top suggests that bullish strength […]
China’s Foreign Exchange Reserves Increase Modestly in March
China’s Foreign Exchange Reserves Increase Modestly in March China’s foreign exchange reserves increased in March, supported by a weaker U.S. dollar that lifted the value of the country’s non-dollar assets, though the gains fell short of market expectations. According to the People’s Bank of China, reserves rose by $13.44 billion to reach $3.241 trillion by […]
FPG USTEC Market Report April 4, 2025
FPG USTEC Market Report April 4, 2025 The Nasdaq 100 index (USTEC) is currently traded around 18705.85, experiencing a sharp decline after reaching its peak earlier this year. The price has broken below key support levels, indicating potential further downside pressure. However, the current position aligns with an important technical level that may determine the […]
US Jobless Claims Drop as Labor Market Holds Steady
US Jobless Claims Drop as Labor Market Holds Steady U.S. initial jobless claims fell last week, indicating no major surge in newly unemployed workers through the end of March. According to the Department of Labor, 219,000 jobless claims were filed in the week ending March 29, down from 225,000 the previous week. The figure was […]
FPG BTCUSD Market Report April 3, 2025
FPG BTCUSD Market Report April 3, 2025 Bitcoin (BTCUSD) is currently traded around 86578.13, moving within a consolidation phase after a strong rally earlier this year. The price is hovering around a key level, struggling to break higher while holding above critical support at 82398.14. The broader trend remains bullish, but recent price action suggests […]
Euro Surges to $1.09 Despite U.S. Tariffs
Euro Surges to $1.09 Despite U.S. Tariffs The euro climbed to $1.09 on Thursday, even after President Trump imposed 20% tariffs on all imports from the European Union. The move marked a major escalation in the global trade conflict, triggering concerns over economic growth and weighing on the U.S. dollar. The euro’s gains were also […]
FPG TSLA Market Report April 2, 2025
FPG TSLA Market Report April 2, 2025 Tesla (TSLA) is currently traded around 272.97 – 268,46, showing a slight recovery after a prolonged downtrend. The price has recently tested support at 225.80 before rebounding, but it faces resistance at 298.72. The Bollinger Bands indicate increased volatility, while the MACD remains in negative territory, suggesting bearish […]
Eurozone Inflation Nears ECB Target as Job Market Strengthens
Eurozone Inflation Nears ECB Target as Job Market Strengthens The eurozone’s annual inflation rate eased to 2.2% in March, down from 2.3% in February, bringing it closer to the European Central Bank’s 2% target, according to EU statistics agency Eurostat on Tuesday. The decline was largely driven by a cooling in services inflation, which fell […]
FPG AMZN Market Report March 28, 2025
FPG AMZN Market Report March 28, 2025 AMZN is currently traded around 201.29, showing signs of stabilization after a recent decline. The price has rebounded from the key support level at 194.43 and is now testing the 201.29 zone. Bollinger Bands indicate increased volatility, while the MACD suggests weakening bullish momentum. Amazon’s stock price recently […]
US GDP Revised to 2.4%, Slower Growth Expected
US GDP Revised to 2.4%, Slower Growth Expected The U.S. economy expanded at an annualized pace of 2.4% in the fourth quarter of 2024, slightly higher than the previous estimate of 2.3%, according to the Commerce Department’s revised data released on Thursday. This followed a stronger 3.1% growth rate in Q3 2024, signaling a gradual […]
FPG ETHUSD Market Report March 27, 2025
FPG ETHUSD Market Report March 27, 2025 ETHUSD is currently traded around 2006.31, attempting to stabilize after an extended downtrend. The price is hovering just above the critical support level at 1888.95. The bearish channel remains intact, but recent candlestick formations suggest potential consolidation. The Stochastic Oscillator is in the oversold region, indicating a possible […]
Nvidia Slips as US – China Chip War Intensifies
Nvidia Slips as US – China Chip War Intensifies Nvidia (NVDA) shares fell 2% in pre-market trading on Wednesday, as renewed chip export concerns rattled investors. The drop followed the White House’s latest move to expand its trade blacklist, adding multiple Chinese companies, including Inspur Group, China’s largest server manufacturer and a key Nvidia customer. […]
FPG USDJPY Market Report March 26, 2025
FPG USDJPY Market Report March 26, 2025 USDJPY is currently traded around 149.892, attempting to break above resistance at 150.681 after a recent recovery from its downtrend. The price has moved above the middle Bollinger Band and is testing the upper band, indicating increased volatility. RSI is around 50.44, suggesting a neutral momentum without clear […]
Australia Unveils 2025-26 Budget Amid Economic Uncertainty
Australia Unveils 2025-26 Budget Amid Economic Uncertainty Australian Treasurer Jim Chalmers unveiled the 2025-26 federal budget on Tuesday, highlighting tax cuts and cost-of-living relief as the government gears up for an anticipated federal election. The new round of tax cuts, set to benefit all workers, builds on previous tax relief introduced in mid-2024. For average […]
FPG USTEC Market Report March 25, 2025
FPG USTEC Market Report March 25, 2025 The Nasdaq 100 (USTEC) is currently traded around 20157.60, rebounding after testing support near 19642.88 (50% Fibonacci retracement level). The market has experienced a sharp decline from recent highs near 22142.60, but buyers have stepped in around the 19642.88 area, leading to a minor recovery. The Stochastic oscillator […]
Australian Dollar Steady Ahead of Budget
Australian Dollar Steady Ahead of Budget The Australian dollar remained steady at $0.628 on Tuesday, holding a sideways trend as traders awaited the government’s general budget announcement. The budget is expected to shift back into a deficit after two consecutive years of surpluses, raising concerns over fiscal policy adjustments. Investors are also looking ahead to […]
FPG BTCUSD Market Report March 20, 2025
FPG BTCUSD Market Report March 20, 2025 BTC/USD is currently traded around 85700.95, approaching key resistance at 86356.20 after a strong recovery from its recent low near 81705.47. The price has shown a steady uptrend over the past few sessions, supported by increased buying pressure. However, BTC/USD is now facing a crucial test at resistance, […]
Fed Holds Rates Steady Amid Economic Uncertainty
Fed Holds Rates Steady Amid Economic Uncertainty The Federal Reserve kept its benchmark interest rate unchanged at 4.5%, aligning with market expectations as it concluded its two-day policy meeting. While the decision was widely anticipated, the central bank adjusted its forward guidance, reflecting the ongoing uncertainty surrounding inflation and economic growth due to Trump’s tariff […]
FPG XAUUSD Market Report March 14, 2025
FPG XAUUSD Market Report March 14, 2025 Gold prices have surged to a new all-time high around 2989.61. This milestone reflects increased investor confidence in gold as a safe-haven asset amid global economic uncertainties. The breakout was accompanied by strong bullish momentum, evidenced by several consecutive bullish candlesticks with increased volume, indicating strong buying interest. […]
S&P 500 Futures Slide as Selling Pressure Returns
S&P 500 Futures Slide as Selling Pressure Returns The S&P 500 index is poised for a weaker open on Thursday as futures contracts slipped 0.4%, signaling renewed selling pressure in the market. After a brief recovery on Wednesday, traders appeared hesitant to maintain risk exposure, despite a cooling inflation report that initially provided some relief. […]
FPG TSLA Market Report March 13, 2025
FPG TSLA Market Report March 13, 2025 TSLA on the Weekly timeframe is currently traded around 248.00, testing a critical support level. The recent sharp decline from the 357.50 resistance zone has pushed the stock into a potential oversold condition, with strong bearish momentum dominating the market. The price has broken below the middle Bollinger […]
Bank of Canada Cuts Rates Again but Warns of Inflation Risks
Bank of Canada Cuts Rates Again but Warns of Inflation Risks The Bank of Canada (BoC) reduced its key interest rate by 0.25 percentage points on Wednesday, marking its seventh consecutive rate cut. The decision aims to counteract the sharp decline in consumer spending and business investment, which has been impacted by ongoing trade-policy uncertainty. […]
FPG AUS200 Market Report March 12, 2025
FPG AUS200 Market Report March 12, 2025 AUS200 on the Daily timeframe is currently traded around 8172.25, hovering around a key support level. The index has been in a strong downtrend, with consistent lower highs and lower lows, indicating bearish momentum. The Fibonacci retracement levels show price struggling near the 0.0% retracement zone, signaling a […]
Japanese Yen Strengthens as Dollar Struggles Amid Trade Tensions
Japanese Yen Strengthens as Dollar Struggles Amid Trade Tensions The Japanese yen extended its rally, pushing the USD/JPY pair down nearly 8% from its recent high earlier this year. On Tuesday, the pair dropped to a six-month low of ¥146.50 before bargain hunters stepped in, lifting it back above ¥148.00 in volatile trading. The yen’s […]
FPG EURUSD Market Report March 11, 2025
FPG EURUSD Market Report March 11, 2025 EUR/USD on the H4 timeframe is currently traded around 1.08452, consolidating near a strong resistance level at 1.08597. The pair has been in an uptrend, but price action is stalling near the resistance zone, suggesting possible exhaustion of bullish momentum. The price remains above the Ichimoku Cloud, confirming […]
Hong Kong Stocks Fall Amid Global Economic Concerns
Hong Kong Stocks Fall Amid Global Economic Concerns Hong Kong’s Hang Seng Index dropped 166 points, or 0.7%, to 23,616 in early trading on Tuesday, extending losses for a second consecutive session. The decline came as global market sentiment weakened, driven by concerns over tariffs and government spending cuts in the U.S. Most sectors saw […]
FPG XAUUSD Market Report March 10, 2025
FPG XAUUSD Market Report March 10, 2025 Gold (XAU/USD) on the Daily timeframe is currently traded around 2909.27, consolidating after a strong bullish rally. Price action is hovering near the middle Bollinger Band, suggesting a phase of indecision. The Bollinger Bands are narrowing, indicating a potential breakout soon. The price remains above key support at […]
US Inflation Data in Focus Amid Tariff and Growth Concerns
US Inflation Data in Focus Amid Tariff and Growth Concerns Financial markets are bracing for Wednesday’s U.S. inflation data for February, as President Trump’s tariff policies and geopolitical tensions remain in the spotlight. The Federal Reserve has recently expressed concerns that inflation is not slowing as expected, with potential cost pressures emerging from trade policies. […]
FPG BTCUSD Market Report March 7, 2025
FPG BTCUSD Market Report March 7, 2025 BTC/USD on the H4 timeframe is currently traded around 89125.32, showing a volatile price movement. After a strong bullish rally, the price faced resistance at 92702.36, leading to a pullback. The price is now testing the 89125.32 level, which could act as a short-term support or potential pivot […]
Australian Dollar Falls as Trade War Concerns Rise
Australian Dollar Falls as Trade War Concerns Rise The Australian dollar slipped toward $0.63 on Friday, reversing earlier gains from the week as global trade tensions intensified. Uncertainty surrounding President Trump’s shifting tariff policies led to a selloff in risk assets, with investors fearing potential economic disruptions. Despite the decline, the Aussie remains on track […]
FPG GBPUSD Market Report March 6, 2025
FPG GBPUSD Market Report March 6, 2025 GBPUSD on the Daily timeframe continues its uptrend, currently traded around 1.28965 after a strong bullish rally. The pair has successfully breached key resistance at 1.25774, indicating strong bullish momentum. However, price is approaching a significant resistance at 1.29851, which could lead to a temporary pullback or consolidation. […]
Euro Surges as Trump’s Tariff Stance Weighs on Dollar
Euro Surges as Trump’s Tariff Stance Weighs on Dollar The EUR/USD pair climbed above $1.06 late Tuesday and held firm early Wednesday, as the U.S. dollar hit a four-month low following Donald Trump’s first address to Congress in his second term. The euro rallied to $1.0620, its highest level since mid-November, fueled by investor concerns […]
FPG AUS200 Market Report March 5, 2025
FPG AUS200 Market Report March 5, 2025 AUS200 on the H4 timeframe is in a downtrend, currently traded around 8172.26, after rebounding from the 8114.58 support level. The index has been consistently making lower highs and lower lows, with price still below key resistance levels. A successful break above the 38.2% Fibo resistance could trigger […]
China Maintains 5% Growth Target Amid Economic Challenges
China Maintains 5% Growth Target Amid Economic Challenges China has set its economic growth target at around 5% for 2025, keeping it unchanged from last year despite ongoing trade tensions, weak domestic demand, and a struggling property sector. The target was announced by Premier Li Qiang on Wednesday, following confirmation that China met its 2024 […]
FPG MSFT Market Report March 4, 2025
FPG MSFT Market Report March 4, 2025 Microsoft (MSFT) on the Weekly timeframe is experiencing a strong bearish trend, currently traded around 387.76, following a sharp decline over the past weeks. The price has broken below key moving averages and is testing the lower band level as a support, indicating a potential continuation of the […]
Eurozone Inflation Slows, ECB Eyes Rate Cut.
Eurozone Inflation Slows, ECB Eyes Rate Cut. Inflation in the eurozone slowed for the first time in five months, offering relief to the European Central Bank (ECB) as it prepares for its policy meeting this week. According to Eurostat, consumer prices rose 2.4% year-over-year in February, down from 2.5% in January, breaking a streak of […]
FPG XAUUSD Market Report March 3, 2025
FPG XAUUSD Market Report March 3, 2025 Gold (XAUUSD) on the H4 timeframe is in a downtrend, currently traded around 2857.30, after extended bearish pressure over the past sessions. The price has reached a significant support level near 2833.96, where buyers are attempting to hold the price. A further breakdown below this level could trigger […]
Germany’s Inflation Steady, ECB Rate Cut Likely.
Germany’s Inflation Steady, ECB Rate Cut Likely. Germany’s inflation rate remained stable in February, reinforcing expectations that the European Central Bank (ECB) could cut interest rates next week. According to Destatis, Germany’s consumer prices rose 2.8% year-over-year, unchanged from January’s level, based on EU-harmonized figures. Similar trends were observed in Italy and Spain, where inflation […]
FPG USDJPY Market Report February 28, 2025
FPG USDJPY Market Report February 28, 2025 USDJPY on the weekly timeframe is in a downtrend, traded around 149.341 after failing to sustain above key resistance levels. The pair has broken below 152.383, indicating further bearish momentum. This suggests that sellers remain in control, pushing the price lower in search of the next support zone. […]
US Jobless Claims Rise to Highest Level Since December
US Jobless Claims Rise to Highest Level Since December The number of Americans filing for unemployment benefits rose sharply last week, reaching the highest level since December, according to data from the Department of Labor. Initial jobless claims for the week ending February 22 climbed to 242,000, up from 220,000 in the prior week. This […]
FPG XRPUSD Market Report February 27, 2025
FPG XRPUSD Market Report February 27, 2025 XRP/USD remains in a downtrend on the H4 timeframe, traded near 2.20618 after failing to break above key Fibonacci resistance levels. The price is struggling below the 23.6% retracement level, indicating bearish dominance. Short-term momentum suggests further downside pressure unless a strong reversal occurs. XRP/USD is traded below […]
China and Hong Kong Stocks Decline as AI Rally Pauses
China and Hong Kong Stocks Decline as AI Rally Pauses China and Hong Kong stock markets fell on Thursday, as investor enthusiasm surrounding AI startup DeepSeek took a breather following Nvidia’s earnings report. The decline in tech sentiment weighed on major indices in both markets. The CSI300 Index edged down 0.2%, while the Shanghai Composite […]
FPG UK100 Market Report February 26, 2025
FPG UK100 Market Report February 26, 2025 UK100 (FTSE 100) has been in a bullish trend but recently faced a pullback from its high of 8817.67. The price is currently hovering around 8687.59, testing a key support zone. The market remains volatile, with price action suggesting a potential correction or continuation depending on the reaction […]
Apple Plans $500 Billion Investment in U.S. Expansion
Apple Plans $500 Billion Investment in U.S. Expansion Apple Inc. (AAPL) remained steady in pre-market trading on Tuesday after announcing a massive $500 billion investment in domestic initiatives over the next four years. The move aims to enhance manufacturing capacity and drive long-term growth. The announcement comes shortly after Apple CEO Tim Cook met with […]
FPG EURUSD Market Report February 25, 2025
FPG EURUSD Market Report February 25, 2025 EURUSD has shown fluctuating movements in a bullish trend, with the current price hovering around 1.04627 after previously reaching resistance at 1.05178. The upward momentum was evident, but the price is now consolidating near the support level, indicating a potential reversal or continuation depending on buying pressure. On […]
China’s Central Bank Holds Key Rate Steady Amid Liquidity Adjustments
China’s Central Bank Holds Key Rate Steady Amid Liquidity Adjustments China’s central bank, the People’s Bank of China (PBOC), maintained its one-year medium-term lending facility (MLF) rate at 2.0% on Tuesday, in line with market expectations. The decision reflects authorities’ stance on keeping short-term policy rates unchanged this month. In its latest liquidity operation, the […]
FPG XAUUSD Market Report February 24, 2025
FPG XAUUSD Market Report February 24, 2025 Gold (XAUUSD) continues its strong bullish trend, reaching new highs as buying momentum remains intact. The current uptrend is supported by global economic uncertainties, inflation concerns, and a weaker dollar, which have increased demand for safe-haven assets like gold. This bullish movement indicates that gold remains a preferred […]
Ethereum Holds Above $2,750, Eyes Key Resistance Levels
Ethereum Holds Above $2,750, Eyes Key Resistance Levels Ethereum (ETH) has maintained strong support above the $2,750 level, showing resilience despite facing selling pressure near $3,000. After a solid rally, ETH experienced a slight correction but remains in a positive zone, outperforming Bitcoin. Currently, Ethereum is trading above a short-term bullish trend line, with strong […]
FPG NFLX Market Report February 21, 2025
FPG NFLX Market Report February 21, 2025 NFLX is currently traded around 1019.48, pulling back after testing resistance at 1059.60. The stock remains in an overall uptrend but faces potential downside pressure toward key support levels. Despite the recent pullback, the long-term trend remains bullish, as prices continue to trade above key moving averages. Netflix […]
Alibaba Beats Earnings Estimates as AI Strategy Boosts Growth
Alibaba Beats Earnings Estimates as AI Strategy Boosts Growth Alibaba Group reported better-than-expected earnings in its fiscal third quarter, signaling renewed momentum amid growing domestic competition and a slowing Chinese economy. The Hangzhou-based tech giant posted a net profit of 48.95 billion yuan ($6.72 billion), a sharp increase from 14.43 billion yuan a year earlier, […]
FPG LTCUSD Market Report February 20, 2025
FPG LTCUSD Market Report February 20, 2025 LTCUSD continues its bullish momentum, currently traded around 136.32 and testing the upper Bollinger Band, signaling strong buying pressure. A breakout above this resistance could extend the rally, while rejection may trigger a pullback toward key support levels. Litecoin’s price action remains bullish as it approaches the upper […]
Meta’s AI Ambitions Fuel Market Optimism Despite Pullback
Meta’s AI Ambitions Fuel Market Optimism Despite Pullback Meta Platforms (META) saw its historic 20-day winning streak come to an end on Tuesday, with shares declining 2.7% after the long weekend. The social media giant had been on a remarkable run, making it one of the best-performing stocks of 2025, driven by strong investor confidence […]
FPG USDCAD Market Report February 19, 2025
FPG USDCAD Market Report February 19, 2025 USDCAD formed a sharp decline after reaching the 1.4735 resistance level on the weekly timeframe. The price is currently hovering around 1.4189, a key support zone that may act as a decision point for buyers and sellers. USDCAD formed a bearish reversal after failing to sustain momentum above […]
