Can Nasdaq100 Hold $29,345.50 as Fed Rate Fears Threaten the $29,867 Target?
Nasdaq100 surges to $29,345.50 as bulls target $29,867 resistance amid Fed rate hike fears and conflicting multi-timeframe signals.
Bitcoin Snaps Back to $63,309 but the Daily RSI at 26.6 Still Screams Oversold
BTCUSD ripped +4.27% to $63,309 in a risk-off session, yet the daily chart sits at an RSI of 26.6. Is this a real bottom or just a relief bounce inside a downtrend?
Nasdaq100 slid nearly 4% to $29,138.26 while the S&P 500 rose, a divergence that signals the AI trade is cracking. Here are the levels that decide what comes next.
Brent holds near $98.91 after a 0.94% bounce, caught between a fresh Iran-Israel missile escalation and strong U.S. jobs data that revived rate fears and lifted the dollar.
XAUUSD just shed $132 to $4,343.05 after a robust US jobs print lit a fire under the dollar. With 4H RSI at 30.43 and ADX flashing 19.49, here is where gold goes next.
Nasdaq100 ended the week at 28,791.34 after a brutal 5.41% drop as the AI trade cracked. Here is why next week hinges on the 30,320 zone.
USDJPY closed Friday at $160.24, clearing the 160 line that cost Japan ¥11.7 trillion to defend. Strong payrolls and a firmer dollar set the stage for an intervention-charged week ahead.
Gold closed the week at $4,328.24 after a 2.39% Friday plunge, as a hot US payrolls print lifted the dollar index to 99.8 and hardened the Fed's patient stance.
AUDUSD closed last Friday at 0.70428, down 1.17%, as a roaring dollar and a risk-off wave dragged the Aussie lower ahead of ADP and PMI data.
USDJPY closed last Friday at 160.25 after a strong US payrolls print pushed the pair through the line Japan spent ¥11.7 trillion defending. Bulls or bears next week?
Gold closed last week at 4,327.75 after a 2.4% Friday slide, with a stronger-than-expected payrolls print reviving the dollar and draining the safe-haven bid before the ADP week.
Brent crude crashed 5.16% to $95.73, breaking below $96 as a surging dollar, fading Hormuz tensions and softening demand expectations stack against the bulls.