The bullish trend is broken

Bullish traders have lost the initiative in the market

USD/JPY: Tips for Beginner Traders on March 13th (U.S. Session)

GBP/USD: Tips for Beginner Traders on March 13th (U.S. Session)

EUR/USD: Tips for Beginner Traders on March 13th (U.S. Session)

Gold is facing difficulties due to inflation concerns caused by rising oil prices, which are negatively affecting the outlook for global interest rates.

Given that the euro is below the 2/8 Murray line, we could look for opportunities to sell at current price levels with targets at 1.1435 and 1.1394.

Given that the Eagle indicator is showing a positive signal, gold is expected to continue rising in the coming days until it reaches its February high around $5,450.

Fundamental data suggests that crude oil could continue its stunning rally and might even climb to the psychological level of $120. Above that, it could jump to $150 per barrel. What is happening is critical; however, we should exercise great caution, as any pullback could allow us to continue buying in the coming days.

Bitcoin has broken out of a pennant pattern and is expected to reach the top of the uptrend channel around $76,450 in the coming days.