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Stocks fall globally amid looming inflation fear


News of the day, Thursday, June 30

Oil prices decreased today amid global supply worries. Brent crude futures were down 0.4%, and WTI crude futures fell 0.5%.

Stocks slid today because of massive inflation concerns. The Euro STOXX dropped 1.53%, the DAX slid 2.34%, the CAC 40 fell 2.1%, and …

Gold analysis


Gold prices stabilized below the support level of 1827.20, thus the price confirms the downside path after testing the resistance 1830.00 at the trend line and the moving average 50.

After that, it rebounded lower towards the next support level 1810.90, and the bearish movement is likely to extend towards …

GBP/USD currency pair analysis


The pound against the dollar continues its bearish movement, as it confirmed the breach of the 1.2200 support level and is approaching the next support 1.2100.

We are likely to see some correction to the upside as a result of the positive signal that comes from the stochastic indicator, and …

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