▶️ Crude Oil. Start of Growth

Today is Thursday, the 20th of August, so let’s talk about the oil market and what’s happening there.

Generally speaking, for those of you who watch my videos, I’d like to remind you that over the past 18 years, starting from a price of $147, a large triangle pattern has been developing and has now concluded.

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🇺🇸 US Pre-Market: Mostly Negative 📉

Negative sentiment is prevailing in the US stock market pre-market, with the largest technology and consumer companies trading lower, suggesting that investors are shunning risk in the US.

In the Information Technology sector, NVIDIA (NVDA) is down 0.10%, Micron Technology (MU) is down 1.18%, while Microsoft (MSFT) is down 0.21%.

In the Communication Services sector, Alphabet (GOOGL) is down 0.72%.

In the Consumer Discretionary sector, Tesla (TSLA) is down 1.78%, while in the Energy sector, Exxon Mobil (XOM) is up 1.96%.

The prevalence of selloffs in the largest-cap shares is creating a risk-off environment, supporting demand for safe-haven dollar assets and contributing to moderate dollar strengthening in the short term, amid heightened interest in Treasuries and money markets.

⚠️ Japan — National Consumer Price Index at 23:30 GMT

✔️ Prev: 1.6%

🎯 Fact.: 2.0%

🗓 Economic Calendar at 2026/08/22 (GMT)

08:00 🇪🇺 Manufacturing PMI — Exp: 51.8 Actual: 52.8

08:00 🇪🇺 Services PMI — Exp: 51.5 Actual: 51.7

08:00 🇪🇺 PMI Composite — Exp: 51.7 Actual: 52.1

08:30 🇬🇧 Manufacturing PMI — Exp: 51.5 Actual: 51.5

08:30 🇬🇧 Services PMI — Exp: 51.8 Actual: 52.8

08:30 🇬🇧 PMI Composite — Exp: 51.5 Actual: 52.5

12:30 🇨🇦 Retail Sales — Exp: 0.4% | 0.2% Actual: 0.6% | 0.5%

13:45 🇺🇸 Manufacturing PMI — Exp: 53.8 Actual: 53.2

13:45 🇺🇸 Services PMI — Exp: 54.0 Actual: 56.8

13:45 🇺🇸 PMI Composite Actual: 56.0


[Updated in real time]

Bitcoin Wave Analysis – 21 August 2026

– Bitcoin broke round resistance level 70000.00

– Likely to rise to resistance level 74000.00

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Solana Wave Analysis – 21 August 2026

– Solana broke pivotal resistance level 83.30

– Likely to rise to resistance level 90.00

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Gold Wave Analysis – 21 August 2026

– Gold broke resistance level 4400.00

– Likely to rise to resistance level 4600.00

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Uber Wave Analysis – 21 August 2026

– Uber reversed from resistance level 80.00

– Likely to fall to support level 74.00

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The cryptocurrency bull market has begun

The cryptocurrency market continues to rally, gaining nearly 7% over the past 24 hours to reach $2.51T. Having risen by 18% since the start of the week, the market has demonstrated a dramatic shift in investor sentiment. Since hitting a low of $2.04T in early July, market capitalisation has risen by 24%, marking the formal start of the bull market. However, a negative correlation with the Nasdaq-100 persists, where sellers remain in control despite attempts by the US Treasury Secretary to reassure investors.

The sentiment index soared to 72, just 3 points below the ‘extreme greed’ level. The index was last above this level on 5 October, when it stood at 74, and it has not sustained such levels for over a year. This provides further confirmation that the market has entered a bullish phase.

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The dollar: from debt crisis to currency crisis

• The USD index is falling against a favourable backdrop.

• Eroding confidence in the Fed is weighing on the US dollar.

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🇺🇸 US Pre-Market: Mostly Positive 📈

Positive momentum is prevailing in the US stock market pre-market, with gains in major technology and retail stocks setting the overall tone.

In the Information Technology sector, NVIDIA (NVDA) is up 0.59%, while Advanced Micro Devices (AMD) is up 1.27%.

In the Financials sector, JPMorgan Chase (JPM) is up 0.85%, while Bank of America (BAC) is up 0.63%.

In the Consumer Discretionary sector, Amazon (AMZN) is up 0.75%, while in the Consumer Staples sector, Walmart (WMT) is down 0.15%.

Given that the largest names by market cap are posting gains, market sentiment is distinctly risk-on: interest is shifting toward equities, while demand for the dollar as a safe-haven asset remains subdued.

Platinum Wave Analysis – 21 August 2026

– Platinum broke resistance zone

– Likely to rise to resistance level 2000.00

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Bitcoincash Wave Analysis – 21 August 2026

– Bitcoincash broke resistance zone

– Likely to rise to resistance level 300.00

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DAX Index Wave Analysis – 21 August 2026

DAX Index: ⬆️ Buy

– DAX reversed from pivotal support level 25875.00

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Zcash Wave Analysis – 21 August 2026

– Zcash broke multiple resistance levels

– Likely to rise to resistance level 675.00

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🗓 Economic Calendar at 2026/08/24 (GMT)

22:45 🇳🇿 Retail Sales — Exp: 0.1% | 0.3% Actual: -0.5% | 0.7%


[Updated in real time]

🗓 Economic Calendar at 2026/08/25 (GMT)

18:00 🇺🇸 Treasury Secretary Scott Bessent Speaks

01:30 🇦🇺 Monetary Policy Meeting Minutes


[Updated in real time]

The forex market is switching to a ‘debasement trade’

A loss of confidence in currencies and bonds is leading to capital outflows

CHF and JPY benefited as a result of the Treasury’s actions

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