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💵 The U.S. dollar has experienced a volatile week as renewed tensions in the Middle East briefly boosted safe-haven demand before easing geopolitical concerns triggered a rebound in major currencies.
Dow Jones index: ⬆️ Buy – Dow Jones reversed from support zone – Likely to rise to resistance level 53500.00 Dow Jones index recently reversed up from the support zone between the support level 52250.00 (former strong resistance from June),.
EURGBP: ⬇️ Sell – EURGBP broke support zone – Likely to fall to support level 0.8500 EURGBP recently broke through the support zone between the support level 0.8500 and the support trendlines of the two daily down channels from My.
The dollar’s weakness has intensified on hopes of de-escalation between the US and Iran; rising oil prices are pushing the ECB towards a hawkish stance, supporting EUR/USD and putting pressure on USD/JPY.
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The crypto market is recovering, market capitalisation is rising, Bitcoin is holding steady at $64K, but ETH is still facing resistance at $1,800.
Cardano: ⬇️ Sell – Cardano reversed from resistance zone – Likely to fall to support level 0.139 Cardano cryptocurrency recently reversed from the resistance zone between the key resistance level 0.186 (which stopped earlier wave a), upper daily Bollinger B.
Nasdaq-100: ⬆️ Buy – Nasdaq-100 reversed from support zone – Likely to rise to resistance level 30770.00 Nasdaq-100 recently reversed up from the support zone between the pivotal support level 28800.00 (which has been reversing the price from May), 38.2%.
NZDUSD: ⬆️ Buy – NZDUSD reversed from support zone – Likely to rise to resistance level 0.5780 NZDUSD currency pair recently reversed up from the support zone between the long-term support level 0.5600 (which stopped the strong downtrend d in.
Nikkei 225: ⬆️ Buy – Nikkei 225 reversed from support zone – Likely to rise to resistance level 72575.00 Nikkei 225 index recently reversed up from the support zone between the support level 66000.00, lower daily Bollinger Band and the.
The US dollar is under pressure as TACO hopes and Middle East de-escalation outweigh hawkish Fed signals, while oil and ECB rate expectations support EURUSD.
Today is Thursday, July 9th, and we're going to talk to you about gold.
There we have the most interesting development of the situation.
Let me recap the bigger picture.
Euro stoxx 50: ⬇️ Sell – Euro stoxx 50 broke two upward sloping support trendlines – Likely to fall to support level 6200.00 Euro stoxx 50 index recently fell sharply breaking the two upward sloping support trendlines from June and.