News

Aug 05
Boeing Wave Analysis – 5 August 2025

Boeing: ⬆️ Buy – Boeing reversed from the support zone – Likely to rise to resistance level 230.00 Boeing recently reversed up from the support zone between the pivotal support level of 217.50 (former top of wave 1 from June) and the lower daily Bollinger Band. This support zone was further strengthened by the 50% Fibonacci correction […]

Aug 05
Brent Crude Oil Wave Analysis – 5 August 2025

Brent Crude Oil: ⬇️ Sell – Brent Crude Oil broke support zone – Likely to fall to support level 66.00 Brent Crude Oil recently broke the support zone between the key support level of 68.00 (which reversed the price multiple times in July) and the two support trendlines from May. The breakout of this support […]

Aug 05
Brent may struggle under pressure: India steps into the spotlight

Brent prices stand at 68.55 USD as the market fears the consequences of the OPEC+ production decision and US trade tensions. Discover more in our analysis for 5 August 2025. Brent forecast: key trading points Brent oil remains under pressure due to rising geopolitical risks The US increases pressure on India and imposes new tariffs […]

Aug 05
EURUSD retreats from 1.1590: bears tighten their grip

The EURUSD rate attempts to extend its rally as weak US macroeconomic data puts pressure on the dollar. The current quote is 1.1574. Find out more in our analysis for 5 August 2025. EURUSD forecast: key trading points Expectations of a Federal Reserve rate cut in September have increased, with traders pricing in an 80% […]

Aug 05
US 500 forecast: index hits new all-time high and begins correction

The US 500 index approached the 6,500.0 level, and with each new all-time high, the likelihood of a downward correction increases. The US 500 forecast for today is positive. US 500 forecast: key trading points Recent data: US NFP for July came in at 73 thousand Market impact: slower employment growth and a high unemployment […]

Aug 05
Top 3 trade ideas for 5 August 2025

Trade ideas for EURUSD, GBPUSD, and USDJPY are available today. The ideas expire on 6 August 2025 at 8:00 AM (GMT +3). EURUSD trade idea The EURUSD currency pair has formed a Bullish Outside Day reversal pattern, suggesting the possible end of the downtrend and the beginning of a new upward impulse. However, selling pressure […]