The last session saw the Aussie fall 0.6% against the Dollar. The ROC is giving a negative signal.
AUD dropped 0.6% against USD in the last session.
The ROC is currently in the negative zone.
Support: 0.6773 | Resistance: 0.6821
Meta shares gained 2.0% in the last session. The MACD is giving a positive signal.
Meta’s stock gained 2.0% in the last session.
The MACD is currently in positive territory.
Support: 563.6567 | Resistance: 592.9167
A high-stakes corporate earnings season kicks into gear this week, with bullish investors hoping results will justify increasingly rich valuations in a U.S. stock market near record highs. The case for strong U.S. economic growth got a boost after labor market data came in far above expectations. The S&P 500 is up 20% year-to-date and stands near record highs
The dollar jumped to a seven-week high on Friday and was on track to post its best week since September 2022 after a surprisingly strong jobs report for September led traders to cut bets that the Federal Reserve will make further 50-basis-point rate cuts.
The dollar hit a three-week high against the euro after the ADP national employment report showed U.S. private payrolls increased more than expected in September, ahead of Friday’s highly anticipated jobs data.
The Euro-Dollar pair saw a minor dip of 0.1% in the last session. According to the Stochastic-RSI, we are in an oversold market.
Support: 1.0986 | Resistance: 1.1185
The Silver-Dollar pair exploded 1.4% in the last session. The Stochastic indicator’s is giving a negative signal.
XAG/USD skyrocketed 1.4% in the last session.
The Stochastic indicator is currently in the negative zone.
Support: 30.6793 | Resistance: 32.2719
