US500 is caught in a tug-of-war 👀
The index recovered from 7370 before testing the EMA21 and pulling back, and it's now sitting between both EMAs above the previous swing low, suggesting consolidation. As long as it holds above 7370, price may range within 7370–7500, while a close below 7370 could open the door to a decline toward the EMA63 and the next support at 7200.
So… are you buying, selling, or holding?
The index recovered from 7370 before testing the EMA21 and pulling back, and it's now sitting between both EMAs above the previous swing low, suggesting consolidation. As long as it holds above 7370, price may range within 7370–7500, while a close below 7370 could open the door to a decline toward the EMA63 and the next support at 7200.
So… are you buying, selling, or holding?
The wait is over. SpaceX has entered the market and nothing about this IPO is ordinary. At 1.75 trillion USD, this is the largest listing in history.
But for traders, the picture is larger than size alone. SpaceX brings record-breaking fundraising, intense retail participation, and a business model spanning space, broadband, defence and AI.
The newest addition to a constellation of trading instruments on Exness.
Markets have seen big IPOs before. They haven't seen this.
Prepare to trade SpaceX CFDs with Exness.
But for traders, the picture is larger than size alone. SpaceX brings record-breaking fundraising, intense retail participation, and a business model spanning space, broadband, defence and AI.
The newest addition to a constellation of trading instruments on Exness.
Markets have seen big IPOs before. They haven't seen this.
Prepare to trade SpaceX CFDs with Exness.
Friday's easing of Middle East tensions already put the dollar on the back foot, easing oil prices and cooling inflation fears. That's the backdrop heading into the most important 48 hours of the month for GBPUSD.
Wednesday brings the Fed's first decision under new Chair Kevin Warsh at 18:00 GMT. A hold at 3.50–3.75% is almost certain, but all eyes will be on his tone at 18:30 GMT. How he frames the path ahead could move markets on its own.
Thursday the Bank of England follows at 11:00 GMT, with the press conference at 11:30 GMT. After April's 8-1 vote, sterling has something to say too.
The framework points to cable getting volatile, but nothing is guaranteed in a week like this. Keep the cable plugged in. 🔌
Wednesday brings the Fed's first decision under new Chair Kevin Warsh at 18:00 GMT. A hold at 3.50–3.75% is almost certain, but all eyes will be on his tone at 18:30 GMT. How he frames the path ahead could move markets on its own.
Thursday the Bank of England follows at 11:00 GMT, with the press conference at 11:30 GMT. After April's 8-1 vote, sterling has something to say too.
The framework points to cable getting volatile, but nothing is guaranteed in a week like this. Keep the cable plugged in. 🔌
AUDUSD might be losing its grip 👀
After breaking below 0.7100 and retesting the trendline, price is sliding toward 0.7000. Death-crossed EMAs and lower swings are flashing a bearish shift — a clean break below 0.7000 could open the door to 0.6920, while holding above keeps it boxed in the 0.7000–0.7100 range.
So… are you shorting the break, or waiting for support to hold?
After breaking below 0.7100 and retesting the trendline, price is sliding toward 0.7000. Death-crossed EMAs and lower swings are flashing a bearish shift — a clean break below 0.7000 could open the door to 0.6920, while holding above keeps it boxed in the 0.7000–0.7100 range.
So… are you shorting the break, or waiting for support to hold?
Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.
Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.
Mayday? 🛬 All eyes are on the NFP announcement this week. The June jobs report lands this Thursday, a day earlier than usual ahead of the holiday weekend, and the read traders are bracing for is a slowdown. Forecasts point to 110K new jobs against 172K previously, with unemployment expected to hold at 4.3%.
A cooling labour market is one way the Fed aims to ease inflationary pressures. The annual inflation rate in the US stands at 4.2% for the 12 months ending in May.
A print near forecast keeps the Fed patient. Much weaker and the focus shifts to protecting growth, raising the odds of an earlier rate cut. Much stronger and the read flips hawkish, a sign the cooling the Fed wants is not arriving fast enough.
Either way, Thursday sets the tone for the months ahead. What's your analysis?
A cooling labour market is one way the Fed aims to ease inflationary pressures. The annual inflation rate in the US stands at 4.2% for the 12 months ending in May.
A print near forecast keeps the Fed patient. Much weaker and the focus shifts to protecting growth, raising the odds of an earlier rate cut. Much stronger and the read flips hawkish, a sign the cooling the Fed wants is not arriving fast enough.
Either way, Thursday sets the tone for the months ahead. What's your analysis?
GBPJPY rebounded above the ascending trendline and closed above both EMAs. The price formed higher swings with diverging bullish EMAs reinforcing its bullish momentum.
If GBPJPY breaks above the resistance at 216.50, the price may advance toward the following resistance at 218.80.
Conversely, a retreat below the resistance at 216.50 may prompt a retracement toward the immediate support at 214.00.
If GBPJPY breaks above the resistance at 216.50, the price may advance toward the following resistance at 218.80.
Conversely, a retreat below the resistance at 216.50 may prompt a retracement toward the immediate support at 214.00.
Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.
The Dow Jones may face higher volatility after its record-high move, as softer US jobs data and lower Fed hike expectations put the rally in question.
Shifting Fed expectations are the key trigger, as markets now see a lower probability of a September hike after June payrolls cooled and prior job gains were revised lower.
Earnings season could amplify the swings if industrials, financials, and consumer names miss elevated profit expectations.
And with more decliners than advancers in the latest rebound, the rally may rest on selective leadership rather than broad participation.
Watch bond yields, tariff headlines, and oil price volatility.
Shifting Fed expectations are the key trigger, as markets now see a lower probability of a September hike after June payrolls cooled and prior job gains were revised lower.
Earnings season could amplify the swings if industrials, financials, and consumer names miss elevated profit expectations.
And with more decliners than advancers in the latest rebound, the rally may rest on selective leadership rather than broad participation.
Watch bond yields, tariff headlines, and oil price volatility.
The Fed is holding the balance, but for how long? The Fed's June minutes land on Wednesday and the tone is expected to lean hawkish. New Chair Kevin Warsh stripped forward guidance from the statement and declined to submit his own dot, leaving markets with fewer signals than they're used to.
With inflation still running above target and several policymakers projecting an interest rate hike this year, traders want details: how close is the Fed to actually raising rates?
Gold, USD pairs, and US indices are all watching.
How are you reading it?
With inflation still running above target and several policymakers projecting an interest rate hike this year, traders want details: how close is the Fed to actually raising rates?
Gold, USD pairs, and US indices are all watching.
How are you reading it?