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Technical Analysis:Your Daily Dose of Market Insights, June 2, 2023

Morning Headline: Asian stocks rose on Friday, driven by Hong Kong-listed technology firms, as traders anticipate the Federal Reserve to halt interest rate increases in June. Additionally, US futures edged higher, following the previous day's rally in the S&P 500 and Nasdaq 100. The surge in tech giants on Wall Street contributed to the positive sentiment, coupled with news of Congress passing legislation to prevent a US default.

  • ๐ŸŒž Chump Profit Morning Brief - Friday Edition ๐ŸŒž read more

  • Oil prices rise as Congress approves US debt ceiling bill read more

  • Asian shares rise on debt bill progress, Fed pause hopes read on

  • Morning Bid: Markets feel Friday cheer as signs point to Fed pause read on

Key events today 1.30 PM GMT

  • Average Hourly Earnings m/m, Non-Farm Employment Change/Unemployment Rate USD

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Dollar Index (DXY) Intraday


Pivot Level: 103.85


Dollar Index DXY  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Gold Intraday


Pivot Level: 1970.98


Gold XAU/USD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

USD/JPY Intraday


Pivot: 139.08


USD/JPY Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

AUD/USD Intraday


Pivot: 0.6546


AUD/USD Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Crude Oil (WTI)โ€Ž Intraday:


Pivot: 69.60


Crude Oil (WTI)โ€Ž , Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

USD/CAD Intraday


Pivot: 1.3492


USD/CAD Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

EUR/USD Intraday


Pivot: 1.073


EUR/USD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

GBP/USD Intraday:


Pivot: 1.249


GBP/USD Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

EUR/GBP Intraday


Pivot: 0.8589


EUR/GBP Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Nasdaq 100 Intraday:


Pivot: 14,348


Nasdaq 100 stock index Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Our website offers information about investing, trading and saving, but not personal advice. If you're not sure which investments are right for you, please request advice, for example from your financial advisers. If you decide to invest or trade, remember that investments can go up and down in value, so you could get back less than you put in. ยฉ2023 by Chump Profit.

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