2022-08-26 17:00
• AUDCHF reversed from key resistance level 0.6710 • Likely to fall to support level 0.6650 AUDCHF currency pair recently reversed down from the key resistance level 0.6710 (which… Read More
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AllAboutForex.World is a group of experienced traders who strive to offer the very latest news, opinions, reviews and other valuable information on the sector. It really doesn’t matter if you are a complete beginner to the world of international finance or an experienced trader looking for the extra insight, AllAboutForex.World ensures to have what you need.
2022-08-26 11:00
Market picture Things are slow now in crypto, with a slight downward bias for the second day. Bitcoin is losing 1.5% to $21.4K in the last 24 hours. Ethereum is unchanged for the same time… Read More
2022-08-25 17:00
• Palladium reversed from round support level 2000.00 • Likely to rise to resistance level 2300.00 Palladium recently reversed up from the round support level 2000.00 (which stoppe… Read More
2022-08-25 14:20
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2022-08-24 17:00
• AUDNZD reversed from resistance level 1.1165 • Likely to fall to support level 1.1100 AUDNZD currency pair is currently testing the resistance level 1.1165 (which has been steadi… Read More
2022-08-24 11:00
As is often the case, markets find themselves at important turning points ahead of significant scheduled events. One of the latter is the Monetary Policy Symposium in Jackson Hole, which sta… Read More
2022-08-24 08:00
Market picture Bitcoin has added 2% in the past 24 hours to $21,400. Ethereum added 4.6% to $1640, while top altcoins added between 0.9% (Dogecoin) and 4.4% (Polkadot). Total cryptocurrency… Read More
2022-08-23 11:00
• CHFJPY reversed from resistance level 143.10 • Likely to fall to support level 140.60 CHFJPY currency pair recently reversed down from the key resistance level 143.10 (whic… Read More
2022-08-22 20:00
• EUR50 falling inside active correction 4 • Likely to fall to support level 3575.00 EUR50 index recently reversed down from the powerful resistance level 3800.00 (which has been r… Read More
2022-08-19 17:01
• Citibank reversed from resistance level 54.00 • Likely to fall to support level 50.65 Citibank recently reversed down from the pivotal resistance level 54.00 (former monthly low… Read More
2022-08-19 11:00
Market picture Bitcoin was almost flat on Thursday but started Friday with a 6% plunge, momentarily dropping to $21.5K. Ethereum is losing 4.5% overnight to $1760. Leading altcoins are down… Read More
2022-08-18 17:00
US secondary home market continues to shrink. Over July, they have fallen by a further 5.9%. The uninterrupted fall has been going on for the last six months, during which annualised home sa… Read More
2022-08-18 11:00
The US dollar slowly added for the third trading session, returning to levels of three weeks ago. While the published FOMC meeting minutes did not cause a sharp reaction, the FX dynamics of… Read More
2022-08-18 08:00
Market picture Bitcoin has lost 4% in the past 24 hours, falling to $23.3K. Ethereum lost 5.3% to $1840. Top altcoins are down 3% (XRP) to 8% (Solana). Total crypto market capitalisation, ac… Read More
2022-08-17 17:00
• EURAUD reversed from support level 1.44 • Likely to rise to resistance level 1.4740 EURAUD currency pair recently reversed up sharply from the powerful support level 1.4400 (whic… Read More
2022-08-17 14:00
The S&P500 index has gained 4.2% in the previous five trading sessions, ending Tuesday’s trading above the 4300 mark. However, two ingredients are missing for the bulls to win. Fir… Read More
2022-08-17 11:00
While economists in the US and Canada, and later policymakers, are talking about peak inflation, that moment is yet to come for the UK. Annual inflation has reached double-digit territory at… Read More
2022-08-17 08:00
Market picture Bitcoin has added 1.5% to $24.3K in the past 24 hours. Over the past couple of hours, the first cryptocurrency has regained Tuesday’s slump, finding support from buyers… Read More
2022-08-16 17:00
• Home Depot broke resistance area • Likely to rise to resistance level 340.00 Home Depot recently broke sharply through the resistance area lying between the key resistance level… Read More
2022-08-16 11:00
Oil experienced intense pressure on Monday, but the price of natural gas continued its upward trend. This contrast is due to an under-supply of Russian gas to the European market and more sp… Read More
2022-08-16 08:00
Market picture Bitcoin is losing 3.7% in the past 24 hours, falling to $23.9K%. Ethereum is down 5.2% to $1870. Other top altcoins are down 2% (BNB) to 6.4% (Solana). The total capitalisatio… Read More
2022-08-15 14:00
The statistics released from China today raise concerns about the economy’s near-term prospects, preventing the USDCNH from bucking the uptrend. July data showed a slowdown in retail s… Read More
2022-08-15 11:00
The US stock market recorded the third week of gains, allowing the Nasdaq100 to add 2.1% and overcoming several meaningful resistances, potentially clearing the way for a further leg up. At… Read More
2022-08-15 08:00
Market picture Bitcoin rose 5.8% over the past week to near $24.3K. Ethereum jumped 14.3% to $1970. Top altcoins showed a less consistent performance, ranging from -2.3% (BNB) to +12.8% (Dog… Read More
2022-08-12 17:00
• Nikkei 225 approaches key resistance level 28640.00 • Likely to correct down to support level 28400.00 Nikkei 225 index today approached the key multi-month resistance level 2864… Read More
2022-08-12 11:00
WTI crude has gained more than 6.5% this week, and this strengthening has a pinch of irony. Stock indices managed to surpass the highs of the previous week’s pullback and the weak infl… Read More
2022-08-12 08:00
The UK monthly statistics package showed that the economy lost 0.1% in the second quarter (0.2% expected), and the annual growth rate collapsed from 8.7% to 2.9% (2.8% expected). For the mon… Read More
2022-08-11 14:00
• S&P 500 rising inside impulse waves (iii) and 3 • Likely to rise to resistance level 4300.00 S&P 500 index recently broke the resistance level 4170.00 (which stopped the… Read More
2022-08-11 11:00
The US inflation data published on Wednesday triggered a strong and unequivocal reaction from financial markets, allowing more certainty about starting a new market cycle. Yesterday’s… Read More
2022-08-11 08:00
Bitcoin has added 7.4% to $24.6K in the last 24 hours. It’s not the magnitude of the move that draws attention but rather the ability to rewrite previous local highs. Ethereum has gain… Read More
2022-08-10 17:00
US consumer inflation slowed to 8.5% in July from 9.1% a month earlier. As we had pointed out, the fact was noticeably lower than the forecasted 8.7%, and this caused an immediate market rea… Read More
2022-08-10 11:00
It is definitely inflation day today. China, Germany, and Italy have released their consumer inflation data, while the US will release theirs before the New York session begins. Historically… Read More
2022-08-10 08:00
Market picture Bitcoin lost 3.8% on Tuesday, ending it at around $23.2K, and is developing a decline to $22.9 by Wednesday morning. Ethereum has lost 5.6% in the last 24 hours, to $1680. Top… Read More
2022-08-09 14:00
Australia’s Westpac Consumer Confidence Index lost 3% in August, developing a nine-month slump that took off 22.9%. The index was near current levels twice in 2020 during the worst per… Read More
2022-08-09 08:00
The precious metals are recapturing critical levels one after another, claiming a reversal to the upside after a two-year bearish trend. Silver made quite a move up on Monday, gaining over 4… Read More
2022-08-08 17:00
Today is a quiet day regarding data from Europe and the USA, allowing a look at data from Asia. Statistics from Japan indicate that the worst for the Rising Sun country may be over, and the… Read More
2022-08-08 11:00
Markets were confused by Friday’s US labour market data, not knowing how to react to solid job growth. This is a negative for equities, as it makes us expect a third consecutive 75-poi… Read More
2022-08-08 08:00
• EURJPY broke resistance level 136.65 • Likely to rise to resistance level 138.00 EURJPY currency pair recently broke the resistance level 136.65 intersecting with the 38.2% Fibon… Read More
2022-08-05 17:00
• Bank of America broke key resistance level 34.00 • Likely to rise to resistance level 36.00 Bank of America recently broke the key resistance level 34.00 (which has been continua… Read More
2022-08-05 14:00
The US economy created 528K new jobs in July, doubling expectations and exceeding the peak employment level set before the pandemic. Notably, construction and manufacturing recovered, probab… Read More
2022-08-05 11:00
The S&P500 is at 4150, having returned to the rebound highs of late May. The direction of the breakout outside the 4100-4200 range will determine its future for the next days or weeks. I… Read More
2022-08-05 08:00
Market picture Bitcoin was down 3.5% on Thursday, ending at around $22,500, but almost fully recovered its losses on Friday morning. As a result, changes over the past 24 hours are minimal… Read More
2022-08-04 17:00
• WTI broke round support level 90.00 • Likely to fall to support level 85.00 WTI crude oil today broke below the key round support level 90.00 (which has been reversing the pair f… Read More
2022-08-04 11:00
Wednesday proved to be a busy day for oil traders, but the bears emerged as winners at the end of the day. Following WTI, which surrendered a tactically important position, Brent is showing… Read More
2022-08-04 08:00
Bitcoin has added 0.8% to $23100 in the past 24 hours, a worryingly weak result. Ethereum strengthened 1.3% to $1650. Other leading altcoins gained between 0.9% (Cardano) and 7.2% (BNB). Tot… Read More
2022-08-03 17:00
In contrast to many other countries and regions, the Eurozone recorded a slowdown in output inflation. The year-over-year PPI growth rate declined for the second month, showing a fall in Jun… Read More
2022-08-03 11:00
Inflation in Turkey continues to gain momentum. A fresh set of monthly statistics showed consumer inflation accelerating to 79.6% y/y and producer inflation to 144.6% against 78.6% and 138.3… Read More
2022-08-02 17:00
• CADCHF reversed from long-term support level 0.7375 • Likely to rise to resistance level 0.7450 CADCHF currency pair recently reversed up from the long-term support level 0.7375… Read More
2022-08-02 11:00
WTI oil lost more than 4.5% on Monday, returning to the area of last month’s lows and marking a new stage of the downtrend. Oil dynamics are tightly linked to the expected economic gro… Read More
2022-08-02 08:00
Bitcoin has lost 2.1% in the past 24 hours, pulling back to $22.9K. Ethereum has fallen 6.5% over the same period, to $1580. Top altcoins fell from 2.7% (XRP) to 12% (Polkadot). Total crypto… Read More
2022-08-01 14:00
• NZDJPY reversed from support level 83.10 • Likely to rise to resistance level 84.30 NZDJPY currency pair recently reversed up from the strong support level 83.10 (low of the earl… Read More
2022-08-01 11:00
The last two weeks of July have seen a pullback in the markets towards risky assets, with the dollar retreating from multi-year highs against major currencies. Over the past two weeks, signs… Read More
2022-08-01 09:20
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2022-08-01 08:00
Bitcoin has added 6% over the past seven days, to $24.6K at one point, but now corrected to $23.2K. Ethereum has added 11% to $1700. Top-10 altcoins rose from 4% (Cardano) to 22% (Polkadot)… Read More
2022-07-29 17:00
• Caterpillar reversed from support level 172.00 • Likely to rise to resistance level 200.00. Caterpillar recently reversed up from the support level 172.00 – strengthened by… Read More
2022-07-29 14:00
Inflation in the eurozone continues to speed up. Preliminary data for July showed a price increase of 8.9% against 8.6% a month earlier and the expected 8.7%. The core price index (which exc… Read More
2022-07-29 11:00
The Japanese yen has gained 3.4% against the dollar in less than 48 hours, recovering to 132.7 from a month and a half ago. Before that, from early March to mid-July, USDJPY soared by more t… Read More
2022-07-29 08:00
Bitcoin closed Thursday near $24,000, retesting that area after a failed attempt to climb higher in the middle of last week. The first cryptocurrency has added 3.8% over 24 hours, about as m… Read More
2022-07-28 17:00
The US economy slipped into a technical recession. Preliminary estimates for the second quarter recorded a fall of 0.9% after a decline of 1.6% (seasonally adjusted data annulled). Despite t… Read More
2022-07-28 11:00
• EURGBP broke key support level 0.8400 • Likely to fall to support level 0.8350 EURGBP currency pair recently broke the key support level 0.8400 (which has been reversing the pair… Read More
2022-07-28 08:00
Bitcoin has surpassed the $23170 mark, adding more than 9% in the past 24 hours. Ethereum jumped 13% to $1640. Other leading altcoins in the top 10 have gained between 6% (BNB) and 15% (Polk… Read More
2022-07-27 17:00
A new set of US economic data has dispelled worries after yesterday’s new home sales figures. Preliminary estimates showed that orders for durable goods, instead of the expected 0.5% d… Read More
2022-07-27 11:00
• Silver reversed from support level 18.30 • Likely to rise to resistance level 18.90 Silver earlier reversed up from the pivotal support level 18.30 (which has been steadily rever… Read More
2022-07-27 08:00
Bitcoin is clinging to the $21,000, having changed little in the past 24 hours, while Ethereum is adding 1.7% overnight to $1450. Prices of the top altcoins range from -0.6% (Cardano) to +4… Read More
2022-07-26 17:00
The gas story is in no hurry to leave the news headlines, and prices for the energy sector are behaving accordingly. In Tuesday’s trading in Europe, prices returned to the psychologica… Read More
2022-07-26 11:00
The British Pound is back above $1.2000, while FTSE100 is knocking on its 200-day moving average from below, testing the 1.5-month high area. The combination of a rising Pound and FTSE deser… Read More
2022-07-26 08:00
• WTI reversed from support area • Likely to rise to resistance level 100.00 WTI crude oil currency pair recently reversed up from the support area located between the key support… Read More
2022-07-25 17:00
• Natural gas broke resistance level 7.960 • Likely to rise to resistance level 9.000 Natural gas recently broke through the resistance level 7.960 (top of the previous wave (iv) f… Read More
2022-07-25 14:00
The financial market is moving slightly against the main news flow, showing signs of recovery in demand for risky assets while data is getting worse. According to the latest Ifo report, busi… Read More
2022-07-25 08:00
Bitcoin rose 5.3% over the past week, finishing near $22,300. However, the cryptocurrency’s intra-week dynamics are not so rosy, as a moderate downtrend has returned to the market sinc… Read More
2022-07-22 17:00
• Philip Morris reversed from support area • Likely to rise to resistance level 96.70 Philip Morris recently reversed up from the support zone located between the pivotal support 8… Read More
2022-07-21 17:00
• Dow Jones reversed from resistance area • Likely to fall to support level 31000.00 Dow Jones index recently reversed down from the resistance area lying between the key resistanc… Read More
2022-07-21 14:00
The European Central Bank increased its key rate by 50 points to 0.50%. This is more than average analyst forecasts, based mainly on old comments from Bank members. However, rumours of a mor… Read More
2022-07-21 11:00
The differences between the actions of monetary authorities in various developed countries are becoming increasingly apparent. Until we see real work by the governments and central banks of… Read More
2022-07-21 08:00
How long does forever last? Just over a year, if you’re Elon Musk. Tesla has indicated in its quarterly report that it has sold three-quarters of its Bitcoins, citing uncertainty. The… Read More
2022-07-20 17:00
• Nasdaq 100 broke resistance level 12180.00 • Likely to rise to resistance level 12920.00 Nasdaq 100 index recently broke the resistance area located at the intersection of the re… Read More
2022-07-20 14:00
Canada took over the inflation marathon from the UK. The rate of consumer price growth accelerated from 7.7% to 8.1% y/y in June there, although it was lower than 8.4% as expected. However… Read More
2022-07-20 11:00
Gold is mostly missing the latest party of financial markets, where risk appetite has increased. The value of the troy ounce has changed little since last Friday, mostly hovering in a narrow… Read More
2022-07-20 08:00
Bitcoin jumped 8.5% to $23,300 on Tuesday, showing a 20.8% gain over the last seven days. Ethereum is trading around $1570 on Wednesday morning, adding 3.4% in 24 hours and an impressive 49%… Read More
2022-07-19 20:00
• FTSE 100 reversed from support level 7020.00 • Likely to rise to resistance level 7357.00 FTSE 100 index recently reversed up from the key support level 7020.00 (which has been r… Read More
2022-07-19 14:00
The gradual cooling of the US housing market continues, although the pace has softened somewhat. Fresh data showed a 0.6% drop in building permits issued to 1,685K (seasonally adjusted annua… Read More
2022-07-19 11:00
As per the announcement from The Board of Directors of GameStop Corp, there is an upcoming stock split which will affect any open positions. A 4-for-1 stock split will take effect on Thursda… Read More
2022-07-19 08:00
Bitcoin rose 2.9% on Monday, ending the day around $21.5K, and continuing to test the $22K level on Tuesday morning. So far, we are seeing an intensification of selling as buyers push the pr… Read More
2022-07-18 20:00
• EURCHF reversed from support area • Likely to rise to resistance level 0.9960 EURCHF currency pair recently reversed up from the support area located between the key support leve… Read More
2022-07-18 17:00
The annual inflation rate in New Zealand accelerated to 7.3%, a new high since 1990 and above average forecasts for 7.1%. The quarterly price growth of 1.7% also remains elevated, showing no… Read More
2022-07-18 11:00
Crude Oil has added 3% on Monday after finding support late last week as expectations of a meeting between the US and Saudi leaders did not materialise. The much-anticipated and much-discuss… Read More
2022-07-18 08:00
Bitcoin formally closed last week lower, ending it near $21,100. At the time of writing, the upside momentum has built up, taking the price to 21,800, the upper end of last month’s con… Read More
2022-07-15 17:00
Although US retail sales figures are often the more important news, their slight overshooting relative to expectations has, in our view, less impact on markets than the import price index. A… Read More
2022-07-15 14:00
• Palladium under bearish pressure • Likely to fall to support level 1765.00 Palladium under the bearish pressure after the price broke the support level 1900.00 intersecting with… Read More
2022-07-15 08:00
Bitcoin rose 4.9% on Thursday, ending at around $20,700, and retreated 200 at the start of trading on Friday. Ethereum has added 7.3% in the past 24 hours to $1190. Top altcoins gained betwe… Read More
2022-07-14 17:00
• Gold broke pivotal support level 1725.00 • Likely to fall to support level 1684.00 Gold recently broke below the pivotal support level 1725.00 (former multi-month support from la… Read More
2022-07-14 11:00
Yesterday’s US inflation data spurred market expectations that the Fed will raise rates by 100 points at the end of July, although about a month ago, Powell called a 75-point increase… Read More
2022-07-14 08:00
Bitcoin rose 1.1% on Wednesday, ending the day around $19.7K, and was back above $20K on Thursday morning. Ethereum has added 4.3% to $1100 in the past 24 hours. Top altcoins are adding from… Read More
2022-07-13 17:00
WTI Wave Analysis – 13 July, 2022 • WTI reversed from support level 92.93• Likely to rise to resistance level 97.00 WTI recently reversed up from the strong support level 92… Read More
2022-07-13 14:00
Oil lost more than 10% in just over 24 hours, starting to decline late in the day on Monday. WTI crude fell to $91.30 as it sold off. Having lied on the way down stop orders, oil at one poin… Read More
2022-07-13 08:00
Bitcoin was down 5% on Tuesday, ending it at around $19,400 and remaining near that level by the start of European trading. Ethereum has lost 3.3% in the last 24 hours to $1055. Altcoins fro… Read More
2022-07-12 20:00
• AUDCAD reversed from key support level 0.8750 • Likely to rise to resistance level 0.8900 AUDCAD currency pair recently reversed up from the key support level 0.8750 (low of the… Read More
2022-07-12 14:00
The price of gold fell to a new nine-month low on Tuesday, at one point falling below $1725. In the region of $1720-1740, gold has been finding support in the declines of the last 15 months… Read More
2022-07-12 11:00
The euro is one hair from parity with the dollar, a psychologically important line above which the single currency has been trading for the last generation. After losing more than 4% over th… Read More
2022-07-12 08:00
Bitcoin was down 2.5% on Monday and, continuing its decline on Tuesday morning, was back at $20,000. Ethereum has lost 5.2% in the past 24 hours to $1090. Altcoins in the top 10 fell from 1… Read More
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