The weaker yen increases the risk of market intervention and a tighter BoJ policy, while the divergence in policy between the Fed and the ECB is putting pressure on EURUSD.

EURGBP: ⬇️ Sell – EURGBP broke multi-month support level 0.8610 – Likely to fall to support level 0.8550 EURGBP currency pair recently broke below the strong multi-month support level 0.8610 (which has been steadily reversing the price from the start.

Microsoft: ⬆️ Buy – Microsoft reversed from strong support level 355.00 – Likely to rise to resistance level 400.00 Microsoft recently reversed from the support area between the strong support level 355.00 (which has been reversing the price from the.

Bitcoin: ⬆️ Buy – Bitcoin reversed from pivotal support level 58825.00 – Likely to rise to resistance level 65500.00 Bitcoin cryptocurrency recently reversed from the support area between the pivotal support level 58825.00 (low of wave (1)) and the lower.

Apple: ⬆️ Buy – Apple reversed from support level 280.00 – Likely to rise to resistance level 300.00 Apple recently reversed from the support area between the pivotal support level 280.00 (former strong resistance from February), lower daily Bollinger Band.

🛢️ Brent crude has fallen back to levels seen before the Middle East conflict, as fears of supply disruptions fade and global markets quickly adapt to the geopolitical crisis.

A strong dollar and rising supply are weighing on Brent; Japan is preparing to intervene amid a fall in the yen.

The crypto market is at lows, with sentiment in the ‘fear’ zone. BTC fell by 20% in June and is trading around $59K, under pressure from selling and ETF outflows, despite a localised recovery.

Knowing the right range trading strategies can make a genuine difference when the market isn’t trending in any clear direction. Range trading is an approach where traders identify consistent levels at which a price has repeatedly bounced, buying near support.

Nikkei 225: ⬆️ Buy – Nikkei 225 reversed from support level 68600.00 – Likely to rise to resistance level 72575.00 Nikkei 225 index recently reversed from the support area between the support level 68600.00 (former strong resistance from the start.

AUDCAD: ⬆️ Buy – AUDCAD reversed from support area – Likely to rise to resistance level 0.9945 AUDCAD currency pair earlier reversed from the support area between the support level 0.9760 (former strong resistance from February and March which has.

Brent has returned to pre-crisis levels, whilst rising supplies and weak demand reinforce bearish sentiment. Barring a new escalation, the decline is likely to continue.