Technical Analysis:Your Daily Dose of Market Insights, June 1, 2023

Headline: In a mixed trading session, stocks cautiously edged higher as the debt ceiling bill made progress, while investors closely monitored the House's deal to prevent a US default and deliberated on the potential pause in rate hikes from the Federal Reserve, influenced by officials expressing support for keeping rates unchanged at the upcoming meeting.

• Chump Profit Morning Brief - Thursday Edition read more

• Asia stocks gain as Fed hike bets recede, debt vote eases nerves read more

• Debt ceiling deal: US House overwhelmingly passes bill read on

• Oil moves higher on debt ceiling progress, positive Chinese data read on

Key events today

• Eurozone HCOB Eurozone Manufacturing PMI, CPI, unemployment

• US construction spending, initial jobless claims, ISM Manufacturing

• ECB President Christine Lagarde speaks at conference

• Fed’s Patrick Harker speaks at webinar

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Dollar Index (DXY)

Pivot Level: 104.35

Gold Intraday

USD/JPY Intraday:

Pivot: 139.65

AUD/USD Intraday

Pivot: 0.6498

Crude Oil (WTI)‎ Intraday

Pivot: 68.20

USD/CAD Intraday

Pivot: 1.3601

EUR/USD Intraday

Pivot: 1.069

GBP/USD Intraday

Pivot: 1.241

EUR/GBP Intraday

Pivot: 0.8610

Nasdaq 100 Intraday

Pivot: 14,281

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