Forecasts & Analysis |
Crypto Market: A Breather After The Climb
Cryptocurrency Pullback Signals Potential Correction Ahead The capitalisation has stabilised around the $2.63 trillion level, losing 1.7% in 24 hours, but very close to where it was at the end of the day on Monday. Bitcoin is down 1.2%, Ethereum lost 2.3%, BNB sank 3%, and Solana is minus 4%.
Bitcoin Price Forecast: Faces Resistance, Potential Bearish Reversal
Bitcoin faces potential resistance after hitting target for ABCD pattern at 71,583, with a drop below 69,270 signaling weakness.
Gold Price Forecast: Bullish Reversal Signals Potential Upside Breakout
Technical analysis indicates a potential bullish breakout in gold, with initial targets at 2,235-2,246 and 2,277-2,298 based on Fibonacci confluence.
Natural Gas Price Forecast: Bullish Weekly Reversal Signals Strong Potential for Higher Targets
Natural gas shows bullish signs with a reversal above key levels, indicating potential for higher targets, first around 1.95 to 2.01.
Nasdaq 100, Dow Jones, S&P 500 News: Wall Street Gains Led by Tech, Chipmakers
Key sectors across S&P 500 and Nasdaq-100 advance, with standout performances from Trump Media, McCormick, and Krispy Kreme.
US Dollar (DXY) Index News: Rate Cut Anticipation Sets Stage for Next Major Move
Amid mixed U.S. economic signals, the Dollar Index fluctuates as markets eye the Fed’s anticipated June rate cut and global currency shifts.
Bitcoin Tops $71K, About to Retest Highs
The recovery is faster than before the decline, promising prospects for further growth.
Natural Gas Price Forecast – Natural Gas Continues to See Base Building
The natural gas market continues to see a lot of sideways action, as we are trying to build a base for a bounce. The market continues to see lackluster performance, but if you are patient, you can put together a longer-term investment.
USD/JPY Forecast – US Dollar Continues to See Upward Pressure
The USD/JPY pair is currently sitting at the top of the overall trading range we have been in, and it makes a lot of sense that people are going to “buy on the dip” going forward.
Crude Oil Price Forecast – Crude Oil Continues to Build Pressure
The crude oil markets continue to look bullish overall, but at this point in time, the market has had to take a bit of a break after breaking above massive resistance.