Market Insights

Gold is consolidating around $4,150, with support near $4,070 and resistance at $4,230 defining the next potential breakout.

Bitcoin is testing the 81,300–82,350 demand zone after its recent correction, with $84,800 marking the next important resistance level.

AUD/USD has broken below its bear flag at 0.69200, bringing the 0.68650–0.68700 support zone into focus as bearish momentum persists.

GBPJPY has rejected resistance around its 200-period SMA, with weakening momentum bringing the 208.500 support level into focus.

The S&P 500 is consolidating above its 7,780 breakout shelf, with resistance at 7,835–7,845 defining the next potential upside test.

EUR/USD is testing support at 1.1168, with bearish moving averages and weak momentum keeping further downside in focus ahead of US inflation data.

A bruised AI trade faces fresh earnings scrutiny, while the US midterms, central bank rate decisions and escalating Middle East energy risks shape the week ahead.

Driven by a deepening AI tech selloff and surging crude oil prices nearing $100, global markets face heightened volatility alongside shifting central bank expectations and regional geopolitical tensions.

Technology stocks face renewed questions over AI revenue, while US inflation, Australian jobs and energy supply risks shape the week ahead.

Weaker US jobs data reduced Fed hike expectations, while rising Treasury yields pressured precious metals and technology stocks reached a record.

Rising Treasury yields supported the dollar as markets prepared for Australian monetary policy, US inflation, payrolls and developments in energy markets.

AI spending concerns hit tech stocks as oil surges and gold falls below $4,000. Five central banks and major tech earnings take focus this week.

Wall Street rebounds despite AI volatility and elevated oil prices, while US inflation, major bank earnings and Australian employment data take focus.