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NEWS & ANALYSIS POSTS

Technical Analysis:Your Daily Dose of Market Insights, June 9, 2023

Brief Highlights:

- S&P 500 advances 20%, signalling new bull market potential

- Asian equities follow S&P 500's lead, boosted by Chinese stimulus hopes

- Increase in US jobless claims cools labour market, benefits tech sector

- Yen weakens, Turkish lira weakens after new central bank governor appointment

- Oil prices fall on demand concerns, US-Iran nuclear deal scepticism

- Market uncertain about US-Iran deal, impacting oil price expectations

- Key event: China's PPI, CPI on Friday.

 

Dollar Index (DXY) Intraday:


Pivot Level: 103.57


DXY Dollar Index  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Gold Intraday:


Pivot Level: 1958.55


Gold XAU/USD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

USD/JPY Intraday:


Pivot: 139.32


USD/JPY  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

AUD/USD Intraday:


Pivot: 0.6695


AUD/USD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Crude Oil (WTI)‎ Intraday:


Pivot: 71.11


WTI Crude oil,  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

USD/CAD Intraday:


Pivot: 1.3361


USD/CAD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

EUR/USD Intraday:


Pivot: 1.076


EUR/USD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

GBP/USD Intraday:


Pivot: 1.252


GBP/USD Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

EUR/GBP Intraday:


Pivot: 0.8595


EUR/GBP Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Nasdaq 100 Intraday:


Pivot:

14434.00


Nasdaq 100 stock index  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

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