FTSE 100 Index: ⬇️ Sell – FTSE 100 reversed from long-term resistance level 10950.00 – Likely to fall to support level 10750.00 FTSE 100 Index recently reversed from the resistance zone between the long-term resistance level 10950.00 (which stopped the.
EURCAD: ⬇️ Sell – EURCAD reversed from resistance zone – Likely to fall to support level 1.6100 EURCAD currency pair recently reversed from the resistance zone between the long-term resistance level 1.6250 (which has been reversing the price from April).
Walt Disney Co: ⬆️ Buy – Walt Disney Co broke resistance zone – Likely to rise to resistance level 105.00 Walt Disney Co recently broke resistance zone located at the intersection of the resistance level 99.65 (which has been reversing.
TripAdvisor: ⬇️ Sell – TripAdvisor broke support zone – Likely to fall to support level 9.12 TripAdvisor recently broke support zone located at the intersection of the support level 12.00 and the 50% Fibonacci correction of the upward impulse from May. The.
Today is Thursday, August sixth, and we're talking about the silver market — where things are getting really interesting.
Today we'll be looking at the daily chart. As a reminder, back in 2026 we saw a major correction that essentially cut the price of silver in half.
August 6, 2026 Market Overview
The yen is dependent on the actions of the BoJ and the Fed: support from the Bank of Japan will strengthen it, but carry trades and strong US data could put pressure back on USDJPY.
August 6, 2026 Crypto Review
The crypto market is rising slightly in line with risk appetite, but BTC is lagging behind equities. Regulatory uncertainty and potential BTC sell-offs are dampening optimism.
August 5, 2026 Market Overview
The dollar is weakening against a backdrop of market interventions and risk appetite, whilst Brent is falling on hopes of a deal over Iran and the Strait of Hormuz. However, a breakdown in negotiations could trigger a price rise.
August 5, 2026 Crypto Review
Major cryptocurrencies are recovering: BTC and BNB are strengthening, the market is testing the 50-day moving average, but the trend remains undefined for now.
Alibaba Group: ⬆️ Buy – Alibaba Group broke resistance zone – Likely to rise to resistance level 133.40 Alibaba Group recently broke resistance zone located at the intersection of the resistance level 121.50 (top of earlier wave (A)), resistance trendline.
S&P 500: ⬆️ Buy – S&P 500 broke resistance level 7600.0 – Likely to rise to resistance level 7800.00 S&P 500 recently broke above the pivotal resistance level 7600.0 (upper border of the sideways price range inside which the price.
Platinum: ⬆️ Buy – Platinum broke resistance level 1680.00 – Likely to rise to resistance level 1835.00 Platinum recently broke the resistance level 1680.00 (which is the upper border of the narrow sideways price range inside which the price has.