Brent Crude Oil: ⬆️ Buy – Brent Crude Oil broke resistance level 106.60 – Likely to rise to resistance level 113.80 Brent Crude Oil recently broke the resistance level 106.60, which stopped the previous impulse wave i at the start.

Platinum: ⬇️ Sell – Platinum broke support level 1610.00 – Likely to fall to support level 1500.00 Platinum recently broke the support zone between the support level 1610.00 (which has been reversing the price from the middle of October) and.

Gold: ⬇️ Sell – Gold broke key support level 4100.00 – Likely to fall to support level 3970.00 Gold recently broke the support zone between the key support level 4100.00 (which has been reversing the price from the end of.

The pound is rising as the dollar slips: political stability, a strong labour market, and faster inflation raise the odds of a BoE hike in November, with markets pricing in 110 bp over the next year.

The crypto market lost 2% to $2.74T; a drop below $2.7T would end the consolidation. Bitcoin fell to $81.7K, Ethereum failed at $2.5K; ETF inflows and seasonality still support the bulls.

Today is Thursday, October 22, and let’s talk about the oil market and what’s happening there. I think you can see that the most interesting thing here is a probable triangle forming within wave X. The exact wave labeling isn’t especially important here; what matters is the triangle itself.

Gold is on track to close lower for the fourth day in a row, despite a weakening US dollar and falling Treasury yields. At first glance, this combination creates a tailwind for precious metals; however, markets rise or fall on.

Aave: ⬆️ Buy – Aave reversed from support level 143.85 – Likely to rise to resistance level 163.00 Aave cryptocurrency recently reversed up from the support zone between the support level 143.85 (former resistance from the end of August, which.

AUDUSD: ⬆️ Buy – AUDUSD reversed from support area – Likely to rise to resistance level 0.7050 AUDUSD currency pair recently reversed up from the support area between the support levels 0.6915 and 0.6865 (which have been reversing the price.

EURUSD may rebound if the risks of a new European debt crisis are exaggerated, the Fed pauses until December, and the dollar gets no help from oil, yields or equities.

EURCAD: ⬇️ Sell – EURCAD broke key support level 1.5925 – Likely to fall to support level 1.5665 EURCAD currency pair recently broke the support zone between the key support level 1.5925 (which has been reversing the price from March,.

Zcash: ⬆️ Buy – Zcash reversed from key support level 1050.00 – Likely to rise to resistance level 1340.00 Zcash cryptocurrency recently reversed up from the support zone between the key support level 1050.00 (which stopped wave (ii) in the.