Decomposition is a forecasting technique that separates or decomposes historical data into different components and uses them to create a forecast that is more accurate than a simple trend line.

Bitcoin's daily chart is leaning bearish ahead of U.S. April payrolls and wage-growth data that could influence market expectations about the pace of the Federal Reserve's monetary tightening.

Gold is threatening to break below a key trendline after the release of US PMI data. The data showed the Services and Manufacturing sectors in the US expanded more than expected in May.