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S&P 500 plummets as recession fears grow


News of the day, Tuesday, June 14

The U.S. dollar edged lower today, remaining near a 20-year high. The Dollar index traded 0.1% lower at 104.890.

Oil prices increased about $1 today due to tight global supply. WTI crude rose 0.8%, and Brent crude increased 0.9%.

Bitcoin fell 14% yesterday …

Gold analysis


The price of gold declined significantly during yesterday's and today's trading, breaching several support levels, and reaching the target 1810.90 with the opening of today's trading, then rebounding to the level of 1827.20.

Therefore, the price has stopped the bullish movement that we talked about in the previous report, and …

GBP/USD currency pair analysis


There is nothing new about the movement of the pound sterling against the dollar, as it continues its bearish movement and managed to break the 1.2190 support level, then returned to test it as a resistance level for the moment of writing this report. Therefore, the bearish scenario will continue, …

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