📉 Divergence in the oversold area on the RSI indicator signals a downtrend in Ethereum.

📊We expect quotes to decline towards the middle border of Bollinger Bands.

👉 Investment idea: sell limit ETHUSD 1525, take profit 1389.

📉Two reasons to sell AUDUSD

1️⃣Copper is down 1.6% today, which is negative for the Australian dollar, as Australia is among the world's leading exporters of this metal and its currency has historically correlated with copper prices.

2️⃣The currency pair has gone beyond the Bollinger Bands range, and the RSI indicator is in the overbought area, which also indicates a decline in quotes.

👉 Investment idea: sell limit AUDUSD 0.6898, take profit 0.6840.

🏛According to The Wall Street Journal, the Fed during the July meeting will raise the key interest rate by 75 basis points;

🇪🇺The Italian government crisis and reduced Russian gas supplies due to a maintenance shutdown of the Nord Stream gas pipeline could send the euro below parity against the dollar;

🇯🇵 The Bank of Japan is still not ready to cut economic stimulus, considering the current price increase as a temporary phenomenon;

🇨🇳According to Bloomberg, the Chinese authorities are considering the possibility of lifting a two-year ban on coal imports from Australia;

🛢Oil quotes continue to be supported by the lack of results from President Joe Biden's trip to the Middle East;

📈Индикатор RSI указывает на сильную перепроданность в золоте. Назрела техническая коррекция к уровню сопротивления 1724.70.

👉 Инвестиционная идея: buy limit XAUUSD 1709.55, take profit 1724.70.

🇨🇰🇺🇸 The AUD/USD pair is growing and is quoted near the resistance of 0.6900.

📣Australian dollar gets support on the comments of the Deputy Chairman of the regulator Michelle Bullock, who confirmed the need for further rate hikes in order to curb inflation.

☝️Despite the fact that tightening monetary policy increases the risk of a recession, the bank's management is confident that a strong labor market (unemployment rate of 3.5%) will help avoid a prolonged recession in the economy. Michelle Bullock also noted that Australian households will be able to adapt to the rising cost of lending through large savings accumulated during the COVID-19 pandemic (about 260 billion Australian dollars).

📈According to experts, in the coming days, the AUD/USD pair may recover to 0.7000.

📊 How did the main global indices change in the past three years?

Each stock index contains a group of securities and represents changes in their total cost. By analysing the dynamics of the index, investors can get information on the various economies and spheres. For example, in the past three years, the NASDAQ-100 index of US high-tech companies recorded more than 60% growth, while key companies from the S&P 500 grew by 39%. Also, the main indices from Germany and Japan (the DE40 and the Nikkei 225) are seeing growth, while the Chinese Hang Seng demonstrated negative dynamics in the last three years (data valid up to 18 July 2022).

🛢 The rise in oil prices is positive for Exxon shares, as the company has the lowest oil production cost in North America.

📈 Stocks have confidently fixed themselves behind the middle boundary of the Bollinger Bands and are aimed at testing the upper border.

👉 Investment idea: buy limit #Exxon 88.01, take profit 90.22.

📉 The decline in prices for industrial metals will have a negative impact on the Australian dollar, as Australia is one of the world's leading exporters of these metals.

👉 Investment idea: sell limit AUDUSD 0.6880, take profit 0.6817.

📉Technical analysis indicates a strong downtrend in silver. The metal is trading near a two-year low, and we are waiting for a test of the 18.129 support level.

👉 Investment idea: sell limit XAGUSD 18.325, take profit 18.129.

📉The DASH cryptocurrency corrected to the upper limit according to the Bollinger Bands indicator and turned down.

📊DASHUSD has been in a strong downtrend for the past four months, and against this background, it is advisable to wait for a decline to the lower border of the Bollinger Bands.

👉 Investment idea: sell limit DASHUSD 47.1050, take profit 41.5090.

📉The NQ100 index has confidently broken through the middle border of the Bollinger Bands indicator.

🏛On Wednesday, the US Federal Reserve may raise the discount rate by 0.75% and announce a further increase at the autumn meetings. Raising rates has historically been a negative factor for the stock market.

👉 Investment idea: sell limit #NQ100 12519, take profit 12280.

📉The NQ100 index has confidently broken through the middle border of the Bollinger Bands indicator.

🏛On Wednesday, the US Federal Reserve may raise the discount rate by 0.75% and announce a further increase at the autumn meetings. Raising rates has historically been a negative factor for the stock market.

👉 Investment idea: sell limit #NQ100 12519, take profit 12280.

🏛 Following the meeting on Friday, the Bank of Russia decided to cut the key rate by 150 bp to 8.00% per annum;

🇬🇧The Governor of the Bank of England, Andrew Bailey, said he would raise the rate by 50 bp. at the next meeting of the regulator;

📊US S&P Global Services PMI fell to 47 in July from 52.7 earlier, the first reading below 50 since the pandemic;

🇺🇸According to forecasts, the Fed will raise its target range for the federal funds rate by 75 bps on Wednesday. up to 2.25-2.50%;

🇨🇦Data released in Canada on Friday showed retail sales rose 2.2% in May, beating expectations for a 1.6% increase;

🇪🇺Christine Lagarde, head of the ECB, said in an interview with the German newspaper Funke Mediengruppe on Friday that the ECB will raise interest rates until inflation returns to its 2% target.

📉We sell EURUSD for two reasons.

1️⃣The energy crisis in Europe is gaining momentum. The cost of natural gas is consistently above $1,700 per thousand cubic meters, which is almost 6 times higher than a year earlier.

2️⃣The political crisis in Italy could provoke a debt crisis throughout the European Union, as Italy's public debt exceeds GDP by 150%.

👉 Investment idea: sell limit EURUSD 1.0272, take profit 1.0200

🪙 Bitcoin is falling again and is trading at $22 000.

1️⃣ The pressure on the cryptocurrency market continues to be exerted by the problems of technology companies focused on digital assets. In particular, last week it became known that the SkyBridge Capital hedge fund temporarily suspended payments, and the American cryptocurrency exchange Blockchaincom announced the dismissal of 25% of its employees due to a difficult market situation.

2️⃣ The focus of traders remains the upcoming meeting of the US Federal Reserve, the results of which will be summed up on Wednesday. It is expected that the regulator will raise the key rate in the range of 0.75-1%, and also confirm the need for further tightening of monetary policy. If the forecasts come true, the dollar will strengthen its position against all cryptocurrencies.

📉Analysts recommend shorting the BTC/USD pair with a target of $20 000.

(SELL ) Hi, Yesterday I gave my analytics for the coming day. So far, everything is going according to the price action strategy. The first price level has been collected. A small retest and further price reduction to the levels indicated on the chart are possible.
SELL

🇯🇵The leadership of the Central Bank of Japan confirmed the need to maintain extremely low rates.

🏛The Bank of Japan confirmed its intention to protect the yield limit of Japanese government bonds by making unlimited purchases of debt securities, which runs counter to the global trend of tightening monetary policy and is a negative factor for the Japanese yen.

👉 Investment idea: buy limit GBPJPY 164.40, take profit 165.90.