Risk-on sentiment prevails as tech-heavy indices rally on renewed AI optimism, while precious metals retreat from elevated levels amid profit-taking and a firmer dollar.
Risk-on sentiment prevails as tech-heavy indices rally on renewed AI optimism, while precious metals retreat from elevated levels amid profit-taking and a firmer dollar.
CHF +0.41% — Safe-haven flows on European banking sector concerns CAD +0.11% — Supported by firmer oil prices and resilient commodity demand JPY +0.02% — Holding gains near multi-decade weak levels, intervention speculation lingers GBP -0.03% — Consolidating after recent strength, awaiting BoE policy signals AUD -0.09% — Risk appetite offset by China growth concerns EUR -0.13% — Underperforming on ECB dovish repricing expectations NZD -0.26% — Weakest amid dairy price softness and dovish RBNZ outlook
EURUSD 1.1452 | Bias: SHORT | Watch: 1.1480 resistance, break below 1.1430 targets 1.1380 USDJPY 161.3080 | Bias: NEUTRAL | Watch: 162.00 intervention risk, support at 160.50 AUDUSD 0.7013 | Bias: SHORT | Watch: 0.7050 resistance caps rallies, China data key
S&P 500 5746.74 +1.04% — Broad-based rally on tech earnings optimism Nasdaq 26518 +1.91% — Leading gains as AI sector momentum accelerates Nikkei 225 71250 +0.28% — Export stocks supported by weaker yen dynamics DAX 25100 +0.29% — Modest gains despite underlying eurozone growth concerns
Gold $4170.80 -1.77% — Profit-taking after recent record highs, stronger dollar weighs WTI Crude $76.30 +0.59% — OPEC+ supply discipline and Middle East tension premium Silver $64.77 -2.34% — Amplified downside following gold's retreat, industrial demand concerns
Bitcoin $62466 -0.66% — Consolidating in range as institutional flows remain muted, watching $60000 support Ethereum $1691.29 -1.04% — Underperforming amid network congestion concerns, needs to reclaim $1750 for bullish continuation
LONG: USDJPY | 161.00-161.20 | Momentum favors further yen weakness before intervention LONG: WTI Crude | $75.80-76.00 | Supply constraints support upside toward $78.50 SHORT: Gold | $4180-4200 | Overbought conditions and dollar strength suggest retracement to $4100 SHORT: EURUSD | 1.1470-1.1485
🌍 MACRO TONE Risk-on sentiment prevails as tech-heavy indices rally on renewed AI optimism, while precious metals retreat from elevated levels amid profit-taking and a firmer dollar
LONG: USDJPY | 161.00-161.20 | Momentum favors further yen weakness before intervention LONG: WTI Crude | $75.80-76.00 | Supply constraints support upside toward $78.50 SHORT: Gold | $4180-4200 | Overbought conditions and dollar strength suggest retracement to $4100 SHORT: EURUSD | 1.1470-1.1485