FxPro

S&P 500: Rotation has put the brakes on the market A rotation is taking place in the US stocks. Seasonal factors and impressive earnings are supporting the S&P 500. —————— FxPro. Trade Like a Pro. | Subscribe | Boost

The pound: politics comes to the rescue The stabilisation of the political situation in Britain is driving the GBPUSD rally. Traders are wondering: Were there currency interventions in Japan? Or is fear to blame? —————— FxPro. Trade Like a Pro. | Subscribe | Boost

Bitcoin returns to $63K: eight weeks of outflows from ETFs are weighing on The crypto market capitalisation rose to $2.21T at the start of trading on Monday, but soon corrected to $2.18T, while still up by over 5% from the previous week's levels. Despite the positive momentum, the situation remains within the bounds of a corrective rebound, having failed to climb even above the region of previous local highs at $2.27T. Without consolidating above this level, the market remains in a downtrend characterised by a sequence of lower highs and lower lows. The sentiment index has been rising by 1 point per day since 3 July, reaching 24 by the start of 6 July. Remaining in the ‘extreme fear’ zone, the index is now at its highest level in over a month, clearly reflecting the gloomy sentiment. —————— FxPro. Trade Like a Pro. | Subscribe | Boost

🗓 Economic Calendar at 2026/07/06 (GMT) 08:30 🇬🇧 Construction PMI — Exp: 40.1 14:00 🇺🇸 ⚡️ ISM Services PMI — Exp: 54.2 [Updated in real time]

▶️ Pro News Weekly: Gold Holds Firm Despite Fed Pressure Welcome to Pro News Weekly! 💵 The U.S. dollar is retreating after weaker-than-expected employment and manufacturing data reduced expectations for additional Federal Reserve rate hikes in 2026. Markets are increasingly focusing on easing inflation, allowing major currencies to recover against the greenback. 📊 Stock indices are taking a breather after a strong rally as investors rotate away from technology shares toward more economically sensitive sectors. While concerns remain over AI valuations, elevated bond yields and geopolitical risks, seasonal trends continue to support Wall Street, with July historically one of the strongest months for the S&P 500. 🪙 Gold remains under pressure after its weakest quarter since 2013, but long-term sentiment is still improving. Central banks continue to increase their gold holdings, with many expecting prices to climb toward $5,000 to $6,000 per ounce over the next year despite recent volatility. ₿ Bitcoin has fallen to a 21-month low as record ETF outflows, changing strategy at major crypto investment firms and growing competition from tokenised assets weigh heavily on investor confidence. Markets are increasingly questioning whether institutional demand can recover anytime soon. 📊 With ISM Services PMI, the US trade balance, Canadian employment data, ECB meeting minutes and the Reserve Bank of New Zealand all due next week, could fresh economic data determine the next move for global markets? 🔔 Like, share, and subscribe for more weekly updates from FxPro! 👉 Register at https://bit.ly/44b9vTy and start trading like a pro! 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. Past performance is not a reliable indicator of future results. #FxPro #Tradelikeapro #Pronewsweekly #Dollar #Stocks #Gold #Bitcoin —————— FxPro. Trade Like a Pro. | Subscribe | Boost

The dollar: has the trend been broken? The fall in the USD index could mark the beginning of the end. Rumours of currency interventions sent USDJPY tumbling. —————— FxPro. Trade Like a Pro. | Subscribe | Boost

The crypto market is rebounding: BTC needs $67K to reverse course The crypto market is continuing its recovery, which coincided with the start of the calendar month. Market capitalisation has reached $2.14T, up from a low of $2.02T at the start of 1 July. Buying is taking place across the board. Amongst the individual performers over the last 24 hours, the leaders were Uniswap (+13.1%), SushiSwap (+6.8%) and Cardano (+6.5%), while Hedera (-1.9%) and IOTA (-1.7%) lost ground. The crypto market is edging up from below its 200-week moving average. However, we stand by our view that a dip below, or even an approach to, this line reflects a bearish sentiment in the cryptocurrency market, which often lasts for weeks or months. On the other hand, we have not seen any significant historical falls below this curve, so it would be overly pessimistic, in our view, to expect a pullback to $1T, the starting point of the last bull market in 2023. Bitcoin rose above $62K at one point on Thursday but retreated to $61.6K amid low trading activity due to the US weekend. On daily timeframes, the RSI has moved out of oversold territory and formed a bullish divergence with the price, indicating that selling momentum is waning and laying the groundwork for a rebound. However, it would only be reasonable to speak of a fundamental reversal of the downtrend if the price consolidates above the $67–68K range, where the local highs from June, the 50-day moving average and the 61.8% retracement level of the May–June decline are concentrated. —————— FxPro. Trade Like a Pro. | Subscribe | Boost

🗓 Economic Calendar at 2026/07/03 (GMT) 08:00 🇪🇺 Services PMI — Exp: 48.9 08:00 🇪🇺 PMI Composite — Exp: 49.5 08:00 🇪🇺 ECB President Christine Lagarde Speaks 15:00 🇬🇧 BOE Governor Andrew Bailey Speaks [Updated in real time]

AUDUSD Wave Analysis – 2 July 2026 - AUDUSD reversed from support zone - Likely to rise to resistance level 0.7000 —————— FxPro. Trade Like a Pro. | Subscribe | Boost

USDJPY Wave Analysis – 2 July 2026 USDJPY Wave Analysis – 2 July 2026 - USDJPY reversed from the long-term resistance level 162.0 —————— FxPro. Trade Like a Pro. | Subscribe | Boost

Ethereum Wave Analysis – 2 July 2026 - Ethereum reversed from long-term support level 1500.00 - Likely to rise to resistance level 2000.00 —————— FxPro. Trade Like a Pro. | Subscribe | Boost

Solana Wave Analysis – 2 July 2026 - Solana broke resistance zone - Likely to rise to resistance level 0.8550 —————— FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US Pre-Market: Moderately Positive 📈 The US stock market is showing a moderately positive trend in pre-market trading, with gains by leading technology and cyclical companies outweighing isolated declines, setting a cautious risk-on tone. In the Information Technology sector, NVIDIA (NVDA) is up 0.40%, Broadcom (AVGO) is up 0.81%, while Microsoft (MSFT) is down 0.49%. In the Communication Services sector, Alphabet (GOOGL) is down 0.61%. In the Consumer Discretionary sector, Tesla (TSLA) is up 1.17%, while Amazon (AMZN) is up 0.10%. The predominance of gains among large-cap stocks indicates that risk appetite remains strong within the US; demand for the dollar as a safe-haven asset is limited, and in the short term, the dollar is likely to remain in a neutral range without sustained momentum in either direction.

⚠️ USA — Non-Farm Employment Change at 12:30 GMT ✔️ Prev: 172K 🕒 Exp: 114K ——— ⚠️ USA — Unemployment Rate at 12:30 GMT ✔️ Prev: 4.3% 🕒 Exp: 4.3%

Will USDJPY reach 200 without intervention? USDJPY needs interventions and rate hikes. Monetary policy divergence is pushing EURUSD lower. —————— FxPro. Trade Like a Pro. | Subscribe | Boost

🗓 Economic Calendar at 2026/07/02 (GMT) 12:30 🇺🇸 ⚡️ Non-Farm Employment Change — Exp: 114K 12:30 🇺🇸 ⚡️ Unemployment Rate — Exp: 4.3% 12:30 🇺🇸 Average Hourly Earnings — Exp: 0.3% | 3.5% 12:30 🇺🇸 Change in Private Payrolls 12:30 🇺🇸 Unemployment Claims — Exp: 220K 13:30 🇨🇦 S&P Global Manufacturing PMI 01:45 🇨🇳 Markit Services PMI — Exp: 53.6 01:45 🇨🇳 Markit Composite PMI [Updated in real time]

EURGBP Wave Analysis – 1 July 2026 - EURGBP broke multi-month support level 0.8610 - Likely to fall to support level 0.8550 —————— FxPro. Trade Like a Pro. | Subscribe | Boost

Microsoft Wave Analysis – 1 July 2026 - Microsoft reversed from strong support level 355.00 - Likely to rise to resistance level 400.00 —————— FxPro. Trade Like a Pro. | Subscribe | Boost

Bitcoin Wave Analysis – 1 July 2026 - Bitcoin reversed from pivotal support level 58825.00 - Likely to rise to resistance level 65500.00 —————— FxPro. Trade Like a Pro. | Subscribe | Boost

Apple Wave Analysis – 1 July 2026 - Apple reversed from support level 280.00 - Likely to rise to resistance level 300.00 —————— FxPro. Trade Like a Pro. | Subscribe | Boost