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US30 slips below 51,600 πŸ“‰ On the daily chart, US30 broke below 51,600 after a brief retest of the 21-day EMA. The index is holding under both EMAs, which are sloping lower and moving apart, a sign that the downtrend could continue. If US30 stays below the 51,600 resistance and both EMAs, it may head toward the immediate support at 50,000. On the flip side, a close above 51,600 and both EMAs could open the way for a retest of the next resistance at 52,800. Would you buy or sell? πŸ‘‡
The pound held steady after better-than-expected UK Sep Composite PMI data. GBPUSD retested 1.3200 before recovering to hover around EMA24. The price signals potential consolidation amid an unclear structure. Dipping below 1.3200 may prompt a retreat toward 1.3170. https://t.co/S5iILMHdmy
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Solid increase in #FX volatility, apart from #USDJPY; #Volatility in the #commodities space eases; Most #equity indices experience elevated volatility. Our volatility watch πŸ‘‰ spkl.io/60147VTAu #XM #SpecialReport Your capital is at risk.
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πŸ“Œ NordFX Morning Update – Oct 6 🌍 US 10Y yield hit a 24-year high of 5.35%, but weak jobs data cut Fed hike bets πŸš€ Nasdaq record close (+1.05%) 🌏 Nikkei +0.90% | Hang Seng +0.71% | ASX 200 +0.55% πŸ’Ά EUR/USD 1.1218 | πŸ₯‡ Gold $4,122 | πŸ›’ Brent $100.87 πŸ‘€ FOMC minutes tomorrow https://t.co/Ngz5w64hBp
A slower US Sep ISM Services PMI expansion pared US dollar gains. DXY closed below EMA24 after retesting 102.50. The index keeps broader higher swings for a bullish bias. Returning above EMA24 may prompt a retest of the resistance at 102.50. https://t.co/ivVRQ1fQxE
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