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Technical Perspective: DXY remains within an ascending channel as the price approaches the 104.50 support zone, which coincides with the lower bound of the ascending channel and 78.6% Fibonacci retracement. If DXY rebounds above this level and regains its bullish momentum, a further rise toward the 106.00 resistance and 61.8% Fibonacci extension might occur....

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Fundamental Perspective: US30 consolidated as markets assessed downbeat US NFP data, marked by sharp downward revisions for Apr and May, indicating a cooling labor market. Average hourly earnings rose by 0.3% in Jun, below the market forecast of 0.4%. The modest wage increase and downward revisions in job figures could reinforce expectations of a Sep Fed rate...

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Technical Perspective: Looking at the most recent price action, GBPUSD pared recent losses on the daily timeframe. The price is approaching the 1.2850 resistance zone, a swing high formed in March this year. If GBPUSD sustains its bullish momentum within the ascending channel, it might rise further to retest the 1.2850 resistance. Beyond that, breaching above...

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Technical perspective: EURUSD is nearing the upper boundary of its descending channel, aligning with significant resistance at 1.08200, marked by the 61.8% Fibonacci retracement and the 50% Fibonacci extension. The price remains below the Ichimoku cloud, indicating potential for a reversal. If EURUSD reverses below 1.0820, it could extend its decline toward the...

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Fundamental Perspective USDJPY has extended its rally, buoyed by interest rate differentials and robust US economic data. The latest US jobs report revealed a surge in May job openings to 8.140 million, surpassing the forecast of 7.91 million. April's figures were revised downward to 7.919 million, marking a three-year low. Federal Reserve Chairman Powell...

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Fundamental Perspective: USOIL continues its rally driven by escalating geopolitical tensions and concerns about potential disruptions in US supplies during the intensifying hurricane season. Optimism surrounding the summer driving season is expected to increase demand and underpin further price gains. Despite uncertainties about softer demand from China, one of...

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From a technical perspective, EURUSD remains under pressure following a bearish breakout of its ascending trend line. Looking at the indicators, the Ichimoku cloud and 50 EMA indicate further downside potential. If EURUSD sustains its bearish momentum, the price could extend its decline towards 1.0650.

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Prices are approaching our support in line with our graphical swing low support and 78.6% fibonacci retracement where we could see a bounce above this level with our first resistance as our target.

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Prices are approaching support in line with our ascending trend line where we could see a bounce here.

lixing_gan

Prices are approaching support in line with our ascending trend line, 61.8% retracement and 61.8% extension where we could see a bounce here.

lixing_gan

Prices are approaching support in line with our ascending trend line and 61.8% retracement and extension where we could see a bounce from here.

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Prices are facing bearish pressure where we could see a further drop below this level.

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Prices are facing bearish pressure from our sell entry in line with our graphical levle and 50% retracement where we could see a further drop below this level.

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Prices are testing support in line with our ascending trend line where we could see a bounce here

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Prices are approaching support where we could see a bounce here.

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Prices are approaching support in line with our ascending trend line where we could see an upside above this level.

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Prices are facing bullish pressure from our support and could see a further upside above this level.

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These are the key levels to watch for Sands China. Prices are testing support where we could see limited upside