Review as US shares meltdown dragging crypto, Oil and Gold lower
ETH/USD COINBASE:ETHUSD
Review of the key levels in the major markets as the US continues to melt down dragging others along with it. USD remains high while Oil , Gold and Cryptos take a beating. We may be seeing a major unwind of margin as traders get themselves in trouble and are forced to reduce risk.
Key theme is around the USD and whether it continues higher above 104 (USD Index) or we seems some dollar weakness.
Markets covered
US – DOW, Nasdaq and SP500
Europe – DAX and FTSE100
Asia – Hang Seng, ASX200 and Nikkei
FX – Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities – GOLD , Oil and Copper
Crypto – Bitcoin and Ethereum
