The dollar against the Japanese yen pair continues its bearish movement after forming a double top pattern that pushed the price lower and breaching the 50 average level, which was a support level for the price. It is currently approaching the next support 134.35.
Therefore, the bearish scenario will continue, …
News of the day, Thursday, June 30
Oil prices decreased today amid global supply worries. Brent crude futures were down 0.4%, and WTI crude futures fell 0.5%.
Stocks slid today because of massive inflation concerns. The Euro STOXX dropped 1.53%, the DAX slid 2.34%, the CAC 40 fell 2.1%, and …
Gold prices stabilized below the support level of 1827.20, thus the price confirms the downside path after testing the resistance 1830.00 at the trend line and the moving average 50.
After that, it rebounded lower towards the next support level 1810.90, and the bearish movement is likely to extend towards …
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