Gold rebounded from its annual low as the dollar and oil weakened, but the tech sector correction caps gains. A move above $4,000 depends on Brent, equities and the US midterms.

The crypto market has fallen by 2% to $2.57T, whilst the fear index has dropped to 26. Bitcoin is trading at $76.6K and is likely heading towards support at $75K and the 200-day moving average at $73K. The market is under pressure from the Binance hack, weak demand and investor losses.

S&P 500: ⬆️ Buy – S&P 500 reversed from support level 7540.00 – Likely to rise to resistance level 7830.00 S&P 500 recently reversed up from the support zone between the support level 7540.00 (which stopped wave 2 in the.

EURCAD: ⬆️ Buy – EURCAD reversed from support level 1.5600 – Likely to rise to resistance level 1.5750 EURCAD currency pair recently reversed up from the support zone between the support level 1.5600 (former multi-month low from March, which stopped.

Brent Crude Oil: ⬇️ Sell – Brent Crude Oil reversed from strong resistance level 113.20 – Likely to fall to support level 105.00 Brent Crude Oil recently reversed down from the resistance zone between the strong resistance level 113.20 (which.

Amazon: ⬆️ Buy – Amazon reversed from support zone – Likely to rise to resistance level 244.50 Amazon recently reversed up from the support zone between the strong support level 227.50 (which stopped wave (4) at the end of June.

The Nasdaq-100 has entered a correction amid rotation out of tech, concerns over AI spending and midterm election risks. Morgan Stanley remains optimistic.

Today is Monday, November 2nd, and let’s talk about the Japanese yen. A rather interesting situation is developing there. Even though the bigger picture for the yen isn’t very clear, we’ll focus on a very nice triangle within wave B, which is approaching its completion.

EURUSD is trying to hold above 1.12, but fundamentals weigh on the euro. A post-election stock rebound would bring the bears back, and a break below 1.11 would extend the decline.

The crypto market has rebounded to $2.62T; Bitcoin has recovered to $78K but remains in a downtrend following October’s 7.5% decline; outflows from ETFs and hacks are weighing on sentiment.

TRON: ⬇️ Sell – TRON reversed from strong resistance level 0.3600 – Likely to fall to support level 0.3200 TRON cryptocurrency recently reversed down from the strong multi-month resistance level 0.3600, which has been reversing the price from August of.

EURGBP: ⬇️ Sell – EURGBP broke support zone – Likely to fall to support level 0.8300 EURGBP currency pair recently broke the support zone between the support level 0.8360 (which stopped wave 3 earlier this month) and the support trendline.