Nasdaq 100 and S&P 500 testing key resistance, likely higher [Video]

Kim Cramer Larsson KCL Consult

Nasdaq 100 & S&P 500 testing key resistance, likely higher. HSI above key resist. EURUSD above long term trendline, pushing higher eyeing 1.24! GBPUSD eyeing 1.40 and higher. USDJPY sell-off – potential down to 150? USDCHF below 2015 levels. USDCAD at 1.3550 support. Dollar Index below long term trendline. Gold to 5,400-5,500?

Author

Kim Cramer Larsson

KCL Consult

Kim Cramer Larsson hosts the Daily Technical Update, a daily 15-20 minutes video with live charts.

EUR/USD keeps losses near 1.2000 as USD rebound ahead of Fed

EUR/USD is holding sizeable losses near 1.2000 in the European session on Wednesday. The pair retraces from a five-year high amid renewed US Dollar demand. All eyes will be on the US Federal Reserve interest rate decision due later on Wednesday.

GBP/USD stays in red near 1.3800, as focus shifts to Fed verdict

GBP/USD sticks to sizeable losses near 1.3800 in European trading on Wednesday. The US Dollar stages a solid comeback on profit-taking as traders adjust their positions ahead of the key Fed policy announcements. This contributes to the downside in the pair alongside cautious markets.

Gold buying remains unabated amid safe-haven flows; $5,300 in sight ahead of Fed

Gold continues scaling new all-time peaks for the eighth straight day and moves closer to the $5,300 mark during the early part of the European session on Wednesday. Investors continue to take refuge in traditional safe-haven assets on the back of economic and geopolitical uncertainties, fueled by US President Donald Trump's decisions.

Avalanche holds near $12 as spot ETF debuts on Nasdaq lifts bullish sentiment

Avalanche price holds above $12 at the time of writing on Wednesday, after rebounding from the lower boundary of its horizontal parallel channel, signaling early signs of stabilization. The launch of Avalanche spot Exchange Traded Funds by VanEck this week on Nasdaq signals improving market sentiment. In addition, supportive on-chain and derivatives data for AVAX suggest a potential recovery if bullish momentum builds.

Big Tech Earnings: Tesla, Meta, Microsoft, Apple to steer market trajectory

Four companies are set to decide the direction of the stock market this week, with guidance – not headline earnings – likely determining whether the AI rally continues or cracks.

Bitcoin Cash Price Forecast: Retail interest sparks in BCH amid reversal chances

Bitcoin Cash (BCH) is trading around $600 at press time on Wednesday, framing a potential double bottom reversal on the daily chart. The BCH token is witnessing renewed capital inflows into its futures contracts amid a positive funding rate cycle, signaling renewed investor interest.