GBPUSD is consolidating: an escalation in the Middle East could push the pair towards 1.31, whilst a deal with Iran and rising risk appetite could send it towards 1.37.

Today is Thursday, June 4th, and we'll be talking about Bitcoin, which is by far the most dynamic market right now. So, on the daily chart, I'd like to remind you that we've had a major move from the all-time peak.

Crypto market cap falls to $2.22T while BTC tests the 200-week MA at $61.3K. Oversold RSI suggests the decline may pause, and a bottom could be forming.

DAX: ⬇️ Sell – DAX reversed from multi-month resistance level 25395.00 – Likely to fall to support level 24290.00 DAX index recently reversed from the resistance area between the multi-month resistance level 25395.00 (which has been reversing the price from.

Virgin Galactic: ⬇️ Sell – Virgin Galactic reversed from long-term resistance level 8.000 – Likely to fall to support level 3.35 Virgin Galactic recently reversed from the resistance area between the long-term resistance level 8.000 (which has been reversing the.

NZDCAD: ⬇️ Sell – NZDCAD reversed from resistance area – Likely to fall to support level 0.8100 NZDCAD currency pair recently reversed from the resistance area between the strong resistance level 0.8260 (which has been reversing the price from last July), resistance.

Sushiswap: ⬆️ Buy – Sushiswap reversed from key support level 0.1800 – Likely to rise to resistance level 0.256 Sushiswap cryptocurrency recently reversed up from the support area between the key support level 0.1800 (which has been reversing the price from.

The oil market has gradually adjusted to the shock and has been hoping for a quick US-Iran deal. However, clashes between the opposing sides continue, and the conflict between Israel and Hezbollah risks exacerbating the situation. As a result, Brent.

The escalation in the Middle East is strengthening the dollar, increasing the likelihood of a Fed rate hike and pushing USDJPY towards 160, thereby heightening the risk of Japan's currency intervention.

Crypto sinks 5% as fear hits 11 and BTC slips below $65.5K, with ETF outflows, whale pressure and renewed MtGox activity fuelling sell-off fears.

GBPJPY: ⬆️ Buy – GBPJPY broke resistance level 215.00 – Likely to rise to resistance level 216.50 GBPJPY currency pair recently broke the resistance area between the resistance level 215.00 (which stopped the previous waves (b) and i) and the 61.8% Fibonacci.

Platinum : ⬆️ Buy – Platinum reversed from strong support level 1870.00 – Likely to rise to resistance level 2140.00 Platinum recently reversed from the support area between the strong support level 1870.00 (which has been reversing the price from February), 61.8%.