Oil prices gained about 1% after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories in thin trading ahead of the U.S. Independence Day holiday.
The Oil-Dollar pair gained 0.7% in the last session after rising as much as 1.1% during the session. The MACD is giving a positive signal.
WTI/USD gained 0.7% in the last session.
The MACD is currently in positive territory.
Support: 81.971 | Resistance: 85.291
The yen sank to a 38-year low against the U.S. dollar and a record trough versus the euro, as the Japanese unit continued its downward spiral, with market participants on high alert for Japanese intervention to boost the currency.
The Dollar-Yen pair traded sideways in the last session. The ROC’s is giving a negative signal.
USD/JPY remained largely unchanged in the last session.
The ROC is currently in the negative zone.
Support: 160.991 | Resistance: 1621
Over half of the top American hedge funds have disclosed exposure to newly launched spot Bitcoin ETFs, as BTC/USD has significantly outperformed major stocks and indexes. 13 out of the top 25 United States hedge funds had owned Bitcoin ETFs by the end of Q1 2024.
The Bitcoin-Dollar pair plummeted 1.4% in the last session. The Stochastic-RSI indicates an overbought market.
BTC/USD plummeted 1.4% in the last session.
The Stochastic-RSI points to an overbought market.
Support: 618891 | Resistance: 644491
Amazon shares gained 1.3% in the last session. The MACD is giving a positive signal.
Amazon’s stock rose 1.3% in the last session.
The MACD is giving a positive signal.
Support: 190.6767 | Resistance: 201.5167
The Aussie got a slight bump of 0.1% against the Dollar in the last session. The Stochastic-RSI indicates an overbought market.
The Aussie-Dollar pair gained a moderate 0.1% in the last session.
The Stochastic-RSI points to an overbought market.
Support: 0.6618 | Resistance: 0.6709
U.S. stock index futures edged higher on Monday ahead of manufacturing PMI data, with focus also on U.S. labor market numbers later in the week.
Apple shares gained 2.2% in the last session. The ROC is giving a positive signal.
Apple’s stock gained 2.2% in the last session.
The ROC is currently in the positive zone.
Support: 206.6433 | Resistance: 218.0133
Tesla’s stock rose 4.3% in the last session after gaining as much as 6.0% during the session. The CCI indicates an overbought market.
Shares of Tesla skyrocketed 4.3% in the last session.
The CCI is signalling an overbought market.
Support: 190.9107 | Resistance: 206.7287
