Gold is under pressure from a strong dollar and expectations of accelerating US inflation. Even Chinese buying is not helping: the increased likelihood of a Fed rate hike is heightening the risks of a decline.

We're going to talk about the oil market. Let me remind you of my forecast for the oil market. As I mentioned, a major triangle pattern has likely completed on the daily chart, and I had previously forecast a major market decline with a target of around $70 per barrel of oil...

The crypto market is rebounding after severe oversold conditions: market capitalisation has risen to $2.18T, BTC has recovered to $63.2K, and the market is seeking support for a potential continuation of the rally.

Binance Coin: ⬆️ Buy – Binance Coin reversed from strong support level 575.50 – Likely to rise to resistance level 650.00 Binance Coin cryptocurrency recently reversed up from the strong support level 575.50 (which has been steadily reversing the price from.

Bitcoin: ⬆️ Buy – Bitcoin reversed from powerful support level 60000.00 – Likely to rise to resistance level 65000.00 Bitcoin cryptocurrency recently reversed up from the powerful support level 60000.00 (which stopped the previous sharp downward impulse wave (A) at the.

The Nasdaq is falling amid expectations of a Fed rate hike, strong US employment figures and rising geopolitical risks. This has strengthened the dollar and dampened risk appetite in global markets.

Market Overview The crypto market capitalisation has lost 12.5% over the past seven days. However, the sharp sell-off that began in June paused on Friday near the $2.05T level, and the market has now rebounded to $2.16T at the time.

Let's take a look at what's happening there by examining the daily chart. So, the whole issue with silver was the completion of this pattern in wave X.

Bitcoin: ⬇️ Sell – Bitcoin broke support level 60000.00 – Likely to fall to support level 55000.00 Bitcoin cryptocurrency recently broke the support level 60000.00 (which stopped the previous sharp downward impulse wave (5) at the star of February). The breakout.

Ethereum : ⬇️ Sell – Ethereum broke strong support level 1735.00 – Likely to fall to support level 1400.00 Ethereum cryptocurrency recently broke below the strong support level 1735.00 (which stopped earlier sharp downward impulse wave (A) at the start of February).

EURUSD: ⬇️ Sell – EURUSD broke support zone – Likely to fall to support levels 1.1500 and 1.1450 EURUSD currency pair recently broke the support zone between the support level 1.1600 (which stopped earlier correction (2)) and the 61.8% Fibonacci correction of.

AUDJPY: ⬇️ Sell – AUDJPY reversed from resistance level 114.60 – Likely to fall to support level 112.40 AUDJPY currency pair recently reversed down from the resistance level 114.60 (which has been reversing the price from the end of April, as can.