CRYPTOCURRENCIES – August 4, 2025
BTCUSD cleared the upper boundary of its possible H&S continuation to new all-time highs. Monitoring price action for a pullback to the broken neckline. ETH starts outperforming BTC in the short-term, re-test of previous lows can form a possible double bottom on the ratio.
GLOBAL EQUITY MARKETS – August 2, 2025
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 123.5 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. After clearing the horizontal resistance at 123.5 and the minor high at 127 levels, 123.5-127 area will act as support during any pullback. A possible trend channel might be forming with price testing its lower boundary with Friday's sell-off. Breakdown below the lower boundary of the trend channel can result in a correction towards the horizontal support at 123.5 levels.
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GLOBAL EQUITY MARKETS – July 26, 2025
REVIEW
The benchmark for the Global equity markets performance, the iShares MSCI All Country World Index ETF (ACWI.O) did a round trip after the sharp sell-off and reached its all-time highs around 123.5 levels. The fact that the ETF cleared its 200-day average and moved significantly above it can be analyzed long-term positive as pullbacks and consolidations are likely to find support above the 200-day. After clearing the horizontal resistance at 123.5 and the minor high at 127 levels, 123.5-127 area will act as support during any pullback. The ETF completed a short-term bullish flag that is acting as a continuation chart pattern. Outlook is positive for Global Equities. The ETF is resuming higher. Short-term support stands at 130 levels.
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