Technical Analysis:Your Daily Dose of Market Insights, June 1, 2023
Headline: In a mixed trading session, stocks cautiously edged higher as the debt ceiling bill made progress, while investors closely monitored the House's deal to prevent a US default and deliberated on the potential pause in rate hikes from the Federal Reserve, influenced by officials expressing support for keeping rates unchanged at the upcoming meeting.
Chump Profit Morning Brief - Thursday Edition read more
Asia stocks gain as Fed hike bets recede, debt vote eases nerves read more
Debt ceiling deal: US House overwhelmingly passes bill read on
Oil moves higher on debt ceiling progress, positive Chinese data read on
Key events today
Eurozone HCOB Eurozone Manufacturing PMI, CPI, unemployment
US construction spending, initial jobless claims, ISM Manufacturing
ECB President Christine Lagarde speaks at conference
Fed’s Patrick Harker speaks at webinar
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Dollar Index (DXY)
Pivot Level: 104.35
Gold Intraday
USD/JPY Intraday:
Pivot: 139.65
AUD/USD Intraday
Pivot: 0.6498
Crude Oil (WTI)‎ Intraday
Pivot: 68.20
USD/CAD Intraday
Pivot: 1.3601
EUR/USD Intraday
Pivot: 1.069
GBP/USD Intraday
Pivot: 1.241
EUR/GBP Intraday
Pivot: 0.8610
Nasdaq 100 Intraday
Pivot: 14,281
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