USD INDEX
A similar pattern for the 3rd consecutive day. A strong sell-off to start with the USD fighting back in the US session. The sellers maintaining control into the latter part of the day with a red candlestick and lower highs and lower lows on the daily chart. Resistance at 97.55 with support lower at 97.13.
S&P 500
A 4th consecutive day of higher highs confirming demand for US equities. The index sits at record highs going into the late portion of the US session. Resistance at 6767 with support at 6680. Note the uptrend from April 2025, particularly the series of higher lows on the daily chart since September 2 2025.
GOLD
As has become the norm, another day, another new record high. Resistance at $3895 with support at $3852. A long-awaited bout of profit taking has seen sellers bring the price back to where it started the day. However, late into the US session the uptrend remains firmly intact with yet another higher high and higher low on the chart.
BRENT OIL
A 4th consecutive day of lower highs and lower lows as sellers added to yesterday’s sell-off. Resistance at $66.56 with support established at $64.97. Notwithstanding the downtrend and downward bias, note the strong support level which buyers have protected since August 13 2025.
BITCOIN
Demand for the for the cryptocurrency confirmed with buyers putting in a strong showing, going on to break above significant levels on the upside. Resistance at $118.2k with support at $114K. Noteworthy that the tough $117K mark was broken with buyers maintaining above the level late in the US session. Trend, bias and sentiment favouring the upside. The uptrend from September 26 2025 was signalled with a double-bottom candlestick pattern (reversal sign) and has moved $10K to date: $108K - $118K.
