Home About the company Daily reviews The U.S. stocks up, bitcoin breaches resistance levels

The U.S. stocks up, bitcoin breaches resistance levels

08.07.2022

Market Review


Commodities market

Oil rose slightly today amid global supply concerns. Brent crude futures rose 0.5%, however, both WTI and Brent are still set for a second weekly loss. The $10.73 tumble was the third largest since Brent started trading.

Key tickers:

Brent: 104.70 — sell.

WTI: 102.44 — strong sell.

NG: 6.156 — neutral.

Foreign exchange market

The dollar was slightly up today as some dovish speeches from the Fed eased worries on the market. The DXY index was 0.01% to 107.14.

Key tickers:

EUR/USD: 1.0103 — strong sell.

USD/JPY: 135.82 — neutral.

USD/CAD: 1.3009 — strong buy.

GBP/USD: 1.1955 — neutral.

Crypto market

The bitcoin price gained 8% and rose above the $20,500 resistance, then extending gains to 22,000. Ethereum also went up above the 1,250 resistance.

Key tickers:

BTC: $21,818 — strong buy.

ETH: $1,242.70 — buy.

Neo: $9.3200 — buy.

Zcash: $59.41 — sell.

Stock market

Wall Street indexes ended higher yesterday with S&P 500 1.5% up, the Dow Jones Industrial Average gaining 1.12%, and the Nasdaq composite added 2.28%.

Key tickers:

-    indexes

S&P 500: 3,902.62 — strong buy.

Nasdaq 100 (NDX): 12,109.05 — strong buy.

Dow Jones Futures: 31,286.0 — strong buy.

DAX: 12,831.07 — buy.

-    Shares    

Apple #AAPL: 146.35 — strong buy.

Amazon #AMZN: 116.33 — strong buy.

Tesla #TSLA: 733.63 — strong buy.

Meta Platforms Inc #META: 172.19 — strong buy.

Author: GC
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?