USDJPY Wave Analysis – 12 May 2025

- USDJPY broke the resistance area

- Likely to rise to resistance level 150.00

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S&P 500 index Wave Analysis – 12 May 2025

S&P 500 index: ⬆️ Buy

- S&P 500 index broke resistance area

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Crypto booked profits amid general euphoria

The Crypto market cap has fallen 1.7% in the last 24 hours to $3.29 trillion, despite continued positive traction in the equity market. The strengthening dollar on news of tariffs has been a natural drag on cryptos. This is doubly true due to Bitcoin's proximity to the highs, reinforcing the pull for short-term profit taking after rallying in just over a month.

The sentiment index is stuck at 70 for a fourth day, indicating investors continued healthy greed despite the intraday pullback.

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Oil gains on production lull, trade optimism

Oil prices have been rising since the start of last week, up more than 12%. The growth comes on the back of positive news on China-US tariff negotiations. The decrease in geopolitical tensions in Russia-Ukraine and India-Pakistan relations in recent days has not had a significant impact on quotations. This may be due to a lack of confidence in progress in these areas or the concentration of market participants on positive news.

Weekly data from the US supports the optimistic approach. Over the past fortnight, the number of active oil drilling rigs has fallen to 474 from 483. This decline is due to oil producers reacting to the decline in oil prices to 4-year lows. This was also evidenced by a slight decline in production to 13.37 million bpd from 13.46 million bpd previously.

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⚠️ USA — Consumer Price Index at 12:30 GMT

✔️ Prev: -0.1% | 2.4%

🕒 Exp: 0.3% | 2.4%
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⚠️ USA — Core CPI at 12:30 GMT

✔️ Prev: 0.1% | 2.8%

🕒 Exp: 0.3% | 2.8%

🇺🇸 Trading dynamics at the stock market pre-market

📈The US stock market pre-market today is dominated by positive dynamics.

Google (GOOGL) shares are up 3.74%, Meta (META) adds 7.92%, while Tesla (TSLA) shows a 6.75% increase.

In the technology sector, Oracle (ORCL) is adding 4.58%, and NVIDIA (NVDA) is up 5.44%.

In the financial sector, JPMorgan (JPM) is up 2.75%, and in the consumer discretionary sector, Procter & Gamble (PG) is up 2.06%.

These dynamics may weaken demand for the dollar as a defensive asset, supporting other currencies.

German economic sentiment rebound supports the euro

Business sentiment in Germany improved significantly in May after a sharp drop in April. The ZEW business sentiment index rose from -14.0 to 25.2, well above the average forecast of 10, but remains below the March reading of 51.6.

The improvement in sentiment is due to expectations of positive effects from the promised 800 billion stimulus package, progress in trade disputes, and stabilising inflation. However, the assessment of the current situation remains extremely low, with the index standing at -82, close to its cyclical lows in the current century.

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⚠️ UK — BOE Governor Andrew Bailey Speaks at 15:00 GMT

🗓 Economic Calendar at 2025/05/14 (GMT)

01:30 🇦🇺 Wage Price Index — Exp: 0.8% | 3.2% Actual: 0.9% | 3.4%

06:00 🇩🇪 Consumer Price Index — Exp: 0.4% | 2.1% Actual: 0.4% | 2.1%

06:00 🇩🇪 Consumer Price Index - EU Harmonised — Exp: 0.5% | 2.2% Actual: 0.5% | 2.2%

09:06 🇨🇳 New Yuan Loans — Exp: 710B Actual: 280B

09:15 🇺🇸 FOMC Member Christopher J. Waller Speaks

13:10 🇺🇸 FOMC Member Philip N. Jefferson Speaks

14:30 🇺🇸 Crude Oil Inventories — Exp: -2000K Actual: 3454K


[Updated in real time]

NVDA Wave Analysis – 13 May 2025

- Nvidia broke resistance area

- Likely to rise to resistance level 135.00

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Tesla Wave Analysis – 13 May 2025

- Tesla broke resistance area

- Likely to rise to resistance level 360.00

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Google Wave Analysis – 13 May 2025

- Google reversed from support area

- Likely to rise to resistance level 166.15

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Nasdaq-100 Wave Analysis – 13 May 2025

- Nasdaq-100 broke resistance area

- Likely to rise to resistance level 21500.00

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Pro News Flash: Why Bitcoin Is Stalling While Markets Surge

In this week’s Pro News Weekly, we break down why Bitcoin remains stagnant despite positive global market signals, including the US-China tariff deal. We’ll also cover Ether’s breakout week, Coinbase’s plunge in profits, and its upcoming entry into the S&P 500, and whether Michael Saylor’s Bitcoin buys really influence the market. Get the full picture to stay ahead in crypto and finance.



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Crypto market grows on altcoins

Market capitalisation rose 2.7% in the last 24 hours to $3.38 trillion, with the market reaching $3.40 trillion the previous evening. These are the highest values since early February, driven by increased altcoin buying.

The sentiment index reached 73, indicating that it is approaching extreme greed territory, but remains far from the overbought zone, giving the bulls reason for further gains.

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EURJPY Wave Analysis – 14 May 2025

- EURJPY reversed from resistance area

- Likely to fall to support level 162.00

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AUDJPY Wave Analysis – 14 May 2025

- AUDJPY reversed from resistance area

- Likely to fall to support level 93.20

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