August 18, 2026 Crypto Review
The crypto market has rebounded from the lower boundary of the range, but fear persists. Bitcoin has managed to pull the market upwards, but remains within the range for now.
Boeing: ⬇️ Sell – Boeing falling inside impulse wave 3 – Likely to fall to support level 220.00 Boeing continues to fall inside the minor impulse wave 3 which started earlier from the pivotal resistance level 240.00 (which reversed wave (2) sharply.
Amazon: ⬇️ Sell – Amazon falling inside impulse wave c – Likely to fall to support level 250.00 Amazon continues to fall inside the sharp downward impulse wave c which started earlier from the key resistance level 277.50 (which stopped.
Brent crude oil: ⬆️ Buy – Brent broke resistance zone – Likely to rise to resistance level 95.00 Brent crude oil today broke the resistance zone between the resistance level 88.80 (top of the previous minor correction b) and the.
Bitcoin: ⬆️ Buy – Bitcoin reversed from support zone – Likely to rise to resistance level 65225.00 Bitcoin cryptocurrency recently reversed from the support zone between the support level 62420.00 (lower border of the sideways price range), lower daily Bollinger.
August 17, 2026 Market Overview
The S&P 500 remains near its highs as strong earnings offset slowdown risks, with AI-led productivity gains, lower valuations, and key events shaping the outlook.
August 17, 2026 Market Overview
Weak US economic data is weighing on the dollar and USDJPY, reducing the risk of intervention. The increasing likelihood of a BoJ rate hike is supporting the yen; gold is benefiting from economic fears.
August 17, 2026 Crypto Review
The crypto market remains under pressure: Bitcoin is trading below key moving averages, bears are in control of the trend, and news is fuelling investor caution.
Today is Monday, the 17th of August, and let’s talk about the US dollar today. I’m referring to the US Dollar Index.
Stay informed with FxPro’s weekly update and stay ahead of what’s shaping the markets.
Inflation and central bank policy remain in focus this week, despite a relatively quiet economic calendar. 🌍
Monday kicks things off with the latest Canadian CPI report.
Chevron: ⬆️ Buy – Chevron broke resistance level 196.75 – Likely to rise to resistance level 305.00 Chevron recently broke the resistance zone between the resistance level 196.75 (which has been reversing the price from May), and the 61.8% Fibonacci correction of.
MasterCard: ⬆️ Buy – MasterCard reversed from support zone – Likely to rise to resistance level 580,00 MasterCard recently reversed from the support zone between the support level 560.00 (former resistance from February), 20-day moving average and the 38.2% Fibonacci.