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 […]
Canada’s Inflation Rises in January Amid Energy Costs and Tax Breaks
Canada’s Inflation Rises in January Amid Energy Costs and Tax Breaks Inflation in Canada saw a slight increase at the start of the year, primarily driven by higher energy costs, though overall price growth remained below the Bank of Canada’s (BoC) target. The latest data from Statistics Canada showed that the Consumer Price Index (CPI) […]
FPG AUS200 Market Report February 17, 2025
FPG AUS200 Market Report February 17, 2025 AUS200 recently tested a key resistance level at 8614.18 but faced strong rejection, leading to a bearish daily close. The index is currently trading at 8513.26, slightly above the middle Bollinger Band, which is acting as dynamic support. The broader trend remains bullish, but momentum is weakening in […]
XRP Holds Above $2.50, Eyes Further Gains.
XRP Holds Above $2.50, Eyes Further Gains. XRP continues to show strength despite broader market uncertainties, holding firmly above the critical $2.50 support level. Unlike Bitcoin and Ethereum, which have faced increased selling pressure, XRP has maintained a positive trajectory, gaining momentum after forming a strong base at lower levels. This stability has fueled renewed […]
FPG META Market Report February 14, 2025
FPG META Market Report February 14, 2025 META has been in a strong uptrend, currently traded at 720.54, with recent price action testing key resistance at 725.26. The stock remains above key moving averages, showing continued bullish strength. However, price consolidation near resistance suggests a potential short-term pullback or breakout scenario. The price traded near […]
US Producer Prices Rise More Than Expected in January
US Producer Prices Rise Adding to Inflation Worries The US producer-price index (PPI) rose 0.4% in January, exceeding economist expectations of a 0.3% increase. This follows a 0.5% gain in December, signaling persistent inflationary pressures in the economy. Over the past 12 months, producer prices have climbed 3.5%, with a faster annualized pace of 4.6% […]
FPG ETHUSD Market Report February 13, 2025
FPG ETHUSD Market Report February 13, 2025 ETHUSD is experiencing a retracement phase, currently traded at 2620.71 after a recent decline. The price has tested the 23.6% Fibonacci retracement level and is consolidating near this level zone. The market remains in a corrective structure, with potential for either a break out or further downside continuation. […]
Intel Surges 17.7% in Three Days on AI & Policy Boost
Intel Surges 17.7% in Three Days on AI & Policy Boost Intel Corp.’s stock has seen a significant surge, gaining 7.2% on Wednesday and marking a 17.7% rally over the past three days. This performance represents Intel’s best three-day percentage gain since April 2001, when it rose 24.5%, according to Dow Jones Market Data. The […]
FPG USTEC Market Report February 12, 2025
FPG USTEC Market Report February 12, 2025 USTEC remains in a strong uptrend, currently traded around 21,637.20. The price is consolidating near its all-time high, with support from the mid-Bollinger Band and the 50-week moving average. Despite minor fluctuations, the long-term bullish structure remains intact, with no major signs of reversal yet. The price is […]
Bank of Canada Appoints Second External Deputy Governor
Bank of Canada Appoints Second External Deputy Governor The Bank of Canada (BoC) announced on Tuesday the appointment of University of Toronto economics professor Michelle Alexopoulos as its second external deputy governor. This move expands the central bank’s governing council to seven members, reinforcing its commitment to incorporating diverse perspectives into monetary policy decisions. Alexopoulos […]
FPG AUDUSD Market Report February 11, 2025
FPG AUDUSD Market Report February 11, 2025 AUDUSD is attempting to recover from its recent downtrend, currently traded around 0.62779. The pair has bounced from a key support level at 0.61441, but faces resistance around 0.63020, aligning with the 23.6% Fibonacci retracement level. The price remains below the 50-week moving average, confirming a dominant bearish […]
Markets Slide as Trump Signals Broad Reciprocal Tariffs
Markets Slide as Trump Signals Broad Reciprocal Tariffs Stock futures fell sharply on Monday morning as investors digested President Donald Trump’s latest comments on trade. On Friday, Trump announced plans to impose reciprocal tariffs on multiple countries, aiming to ensure that the U.S. is “treated evenly” in global commerce. His remarks sparked concerns over escalating […]
FPG XAUUSD Market Report February 10, 2025
FPG XAUUSD Market Report February 10, 2025 Gold (XAUUSD) continues its bullish momentum, reaching (highest) 2886.29, after breaking key resistance at 2772.16. The strong uptrend is supported by price action above the middle Bollinger Band, signaling sustained buying pressure. XAUUSD has maintained a strong uptrend, trading within the upper Bollinger Band range. The price is […]
Euro Falls on U.S. Tariffs and Rate Gap
Euro Falls on U.S. Tariffs and Rate Gap The euro weakened to around $1.03, weighed down by a stronger U.S. dollar after President Donald Trump announced new global tariffs on steel and aluminum over the weekend. The move added pressure on the single currency, as investors anticipated a widening interest rate gap between the U.S. […]
FPG USD/HKD Market Report February 7, 2025
FPG USD/HKD Market Report February 7, 2025 USD/HKD is currently in a bearish trend, failing to sustain its bullish momentum after breaking the 7.79237 resistance level. The price has now pulled back to 7.78626, suggesting a potential continuation of the downtrend. The pair attempted to break above 7.79237 but faced strong resistance, leading to a […]
US Jobless Claims Rise as Labor Market Shows Signs of Softening
US Jobless Claims Rise as Labor Market Shows Signs of Softening The number of Americans filing for unemployment benefits increased last week, signaling a potential cooling in the labor market. According to the Department of Labor, initial jobless claims for the week ending February 1 rose to 219,000, up from 208,000 in the prior week. […]
FPG TSLA Market Report February 6, 2025
FPG TSLA Market Report February 6, 2025 TSLA is in a bearish trend after a recent reversal, moving away from the upper Bollinger Band and approaching the middle band as the nearest support level. The price is currently around 381.59, with bearish signals indicating further downside potential. The stock shows clear bearish momentum, supported by […]
Disney Surpasses Expectations with Strong First-Quarter Earnings
Disney Surpasses Expectations with Strong First-Quarter Earnings Disney delivered fiscal first-quarter profits that exceeded Wall Street’s expectations, driven by strong performances from its movie studios and streaming business. The entertainment giant reported an adjusted profit of $1.76 per share for the quarter ending December 28, a significant increase from $1.22 per share in the same […]
FPG USTEC Market Report February 5, 2025
FPG USTEC Market Report February 5, 2025 USTEC remains in a ranging phase between the 100.0 Fibonacci level and 61.8 Fibonacci level, with the price currently around 21471.16. The pair continues its bullish trend after a prior trend reversal, testing key resistance levels. The support level is slightly above 61.8 Fibonacci at 20792.37, while the […]
New Zealand Dollar Rises Amid Weak US Dollar and Trade Tensions
New Zealand Dollar Rises Amid Weak US Dollar and Trade Tensions The New Zealand dollar climbed to approximately $0.566 on Wednesday, extending gains from the previous session as the US dollar weakened under growing tariff tensions. Market sentiment shifted after the United States implemented a 10% tariff on Chinese goods, prompting Beijing to respond with […]
FPG USDJPY Market Report February 4, 2025
FPG USDJPY Market Report February 4, 2025 USD/JPY is currently in a bearish trend after failing to break the resistance at 157.814, pulling back to 154.602. The selling pressure that started in mid-January suggests further downside potential, with key support levels being tested. The pair remains slightly above the Kumo Cloud, which is acting as […]
Eurozone Inflation Rises Amid Trade War Fears
Eurozone Inflation Rises Amid Trade War Fears Eurozone inflation ticked up in January, reaching 2.5% year-over-year from December’s 2.4%, according to Eurostat data released Monday. The modest increase comes as European policymakers grapple with uncertainty fueled by U.S. President Trump’s latest tariff announcements on Canada, Mexico, and China. Investors are now questioning whether the eurozone […]
FPG XAUUSD Market Report February 3, 2025
FPG XAUUSD Market Report February 3, 2025 XAUUSD has reached an all-time high around 2801.00 (on January 31, 2025), after breaking through the 2772.16 resistance level. The bullish momentum remains dominant since the beginning of the year, despite the market showing overbought conditions based on the Stochastic indicator. Gold prices continue their strong uptrend, forming […]
Gold Prices Surge Amid Trade Tensions and Geopolitical Uncertainty
Gold Prices Surge Amid Trade Tensions and Geopolitical Uncertainty Gold prices have been on a strong upward trend recently, driven by growing geopolitical tensions and economic uncertainties. On Monday, gold hit a record high of $2,817.23 per ounce before settling at $2,776.05, marking a slight pullback. This surge was largely fueled by U.S. President Donald […]
FPG AAPL Market Report January 31, 2025
FPG AAPL Market Report January 31, 2025 AAPL is currently traded around 237.52, maintaining a bullish trend as it stays above the Ichimoku Kumo Cloud, indicating strong upward momentum. The Stochastic Oscillator is in the oversold zone (~20), suggesting that the recent correction may have exhausted selling pressure and a potential rebound is underway. AAPL’s […]
Intel Faces Revenue Decline but Shows Margin Improvement
Intel Faces Revenue Decline but Shows Margin Improvement Intel Corp. reported a further drop in revenue in its latest quarter but managed to exceed expectations on its closely watched gross margin, signaling early signs of financial recovery. The improvement comes as the company begins receiving funds from the U.S. Chips Act, aimed at bolstering domestic […]
FPG BTCUSD Market Report January 30, 2025
FPG BTCUSD Market Report January 30, 2025 Bitcoin (BTCUSD) traded around 103657.56, approaching a significant resistance level at 106701.76, with support identified at 100256.61. The price has been on an upward trajectory, moving from the lower to the upper band of the Bollinger Bands, indicating increased volatility and a strong bullish momentum. The recent price […]
Fed Holds Rates Steady Awaits Trump Policy Impact
Fed Holds Rates Steady Awaits Trump Policy Impact The Federal Reserve opted to keep interest rates unchanged on Wednesday, signaling a cautious approach as policymakers assess the potential impact of President Donald Trump’s economic policies. This decision halts a streak of three consecutive rate cuts that had previously lowered borrowing costs by a full percentage […]
FPG AUS200 Market Report January 29, 2025
FPG AUS200 Market Report January 29, 2025 As of January 29, 2025, AUS200 traded around 8,415.85, hovering near a key resistance level at 8,467.32. The index has been in an uptrend for several months, staying consistently above the Ichimoku Cloud (Kumo), suggesting bullish dominance. AUS200 continues to trade above the Kumo, confirming a long-term bullish […]
Nvidia Loses $589 Billion in Historic Selloff
Nvidia Loses $589 Billion in Historic Selloff Nvidia stock took a massive hit on Monday, shedding 17% of its market value in a record-breaking selloff. Investors rushed to offload shares after Chinese AI startup DeepSeek introduced an AI model that directly challenged OpenAI’s ChatGPT. The model, reportedly developed at a fraction of the cost, delivered […]
FPG XAUUSD Market Report January 28, 2025
FPG XAUUSD Market Report January 28, 2025 Gold (XAUUSD) has recently reversed its bullish trend after testing the resistance level at 2772.16. Currently traded around 2734.05, the market signals a potential shift toward bearish momentum. On the weekly timeframe, XAUUSD is exhibiting early indications of bearish momentum. The price is currently traded near the upper […]
