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.

Today is the 30th of June. Let's talk about an alternative scenario for the S&P 500, 1 that is extremely important because if prices follow this scenario, we can expect the start of a multi-year downtrend in the US stock market as early as July.

Gold is retreating under pressure from a strengthening dollar and expectations of high Fed interest rates; bears are anticipating a fall to $3,600 before demand returns.

The crypto market is stable at $2.06T, but Bitcoin is stuck below key levels. The risk of a decline to $40K is growing against the backdrop of Strategy’s weakness.

GBPJPY: ⬆️ Buy – GBPJPY reversed from support area – Likely to rise to resistance level 215.40 GBPJPY currency pair earlier reversed from the support area between the support level 213.00 (which has been reversing the price from the middle.

Natural Gas: ⬇️ Sell – Natural Gas reversed from resistance zone – Likely to fall to support level 3.055 Natural Gas recently reversed from the resistance zone between the pivotal resistance level 3.34 (which has been reversing the price from.

Trump Coin: ⬆️ Buy – Trump Coin reversed from support zone – Likely to rise to resistance level 2.0000 Trump Coin cryptocurrency recently reversed from the support zone between the pivotal support level 1.5965 (which stopped previous impulse wave 1.

MGM Resorts: ⬆️ Buy – MGM Resorts reversed from support zone – Likely to rise to resistance level 50.00 MGM Resorts recently reversed from the support zone between the support level 46.00 (low of the previous wave A), lower daily.

Today is Monday, the 29th of June. Let's talk about the US dollar index, the outlook for the US dollar this summer. What we can expect, and most importantly, trading strategies for the major dollar denominated currency pairs.

The S&P 500 has come under pressure as investors weigh AI bubble concerns, higher-for-longer Fed interest rates and rising geopolitical risks. While a deeper correction remains possible in the short term, expectations of strong corporate earnings continue to support the longer-term outlook.

The US dollar has regained momentum as escalating tensions in the Middle East revive demand for safe-haven assets. Meanwhile, diverging monetary policy expectations and upcoming eurozone inflation and US labour market data will be key drivers for EURUSD.

Stay informed with FxPro’s weekly update and stay ahead of what’s shaping the markets. Markets are heading into another important week of economic data, with inflation, manufacturing activity and the US labour market all set to shape expectations for interest rates and global growth.