initial jobless claims 197,000, Technical Analysis: EUR/USD, Gold, Nasdaq, Oil & Bitcoin Levels — 24September 2026 With initial jobless claims coming in not much out from analyst expectations markets are unchanged and awaiting the next big macro economic catalyst . On the micro single stock story oracle seems to be a big story today and down pre market with conflicting issues over data center build out .
FOREX EUR/USD The pair is trading at 1.13820, continuing its downtrend below the 1.14479 previous close and firmly beneath all key moving averages (MA20 1.15590, MA50 1.15390, MA200 1.16250). Current price action is probing the lower end of its 60-day swing range (1.13545-1.17123), nearing the 52-week low at 1.13250. Resistance lies at the session high of 1.13900, with further selling pressure indicated by its position near the daily low of 1.13730. Fibonacci retracement from the 60-day swing low of 1.13545 to the high of 1.17123 places 38.2% at 1.15750, 50% at 1.15330, and 61.8% at 1.14910, all now acting as strong resistance. Bias: Bearish; invalidation above 1.14400.
GBP/USD GBP/USD is trading significantly lower at 1.32360, dropping 0.80% and extending declines from the 1.33431 previous close. The pair is well below its MA20 (1.34730), MA50 (1.34770), and MA200 (1.34520), confirming strong bearish momentum. It is challenging the lower bound of its 60-day swing (1.32242-1.36750) and also approaching its 52-week low of 1.30120. Immediate support is found at the session low of 1.32240, while a break below this could see a test of 1.32000. Bias: Bearish; invalidation above 1.32800.
USD/JPY USD/JPY shows strength, trading at 158.239, up 0.49% from the previous close of 157.464. The pair is trading above its MA20 (156.544) but below the MA50 (158.775) and MA200 (158.438), indicating a mixed short-term outlook against longer-term consolidation. Current action is within the upper half of the session range (157.791-158.369). The 60-day swing high of 163.979 remains a key upside target, while support is found at 157.791. Bias: Bullish; invalidation below 157.700.
AUD/USD AUD/USD is sharply lower at 0.70350, down 1.08%, having broken below the previous close of 0.71121. The pair is trading below all major moving averages, with MA20 at 0.71540, MA50 at 0.70930, and MA200 at 0.70190. Current price action is testing the 60-day swing low of 0.69073, with immediate support at the MA200 and the session low of 0.70200. Continued selling could see it challenge the 52-week low of 0.64220. Bias: Bearish; invalidation above 0.70800.
US Dollar Index (DXY) The DXY is slightly higher at 101.131, consolidating recent gains and sitting comfortably above its MA20 (99.659), MA50 (99.940), and MA200 (99.180). This indicates a strong uptrend and underlies the broad USD strength observed across major pairs. The index is holding within the upper part of its 60-day swing (98.560-101.640). Resistance is at the session high of 101.219, with a break potentially targeting the 60-day swing high. Bias: Bullish; invalidation below 100.900.
INDICES AND FUTURES Nasdaq 100 futures (NQ) NQ is trading slightly lower at 30662.50, down 0.33%, after closing at 30764.75. The index remains in an overall strong uptrend, trading well above its MA20 (29649.18), MA50 (29361.05), and MA200 (27445.27). Current price action is contained within the session range of 30651.25-30813.00, suggesting a temporary consolidation. The 60-day swing high of 31094.75 remains a key resistance, while support is at the session low. Bias: Bullish; invalidation below 30500.00.
S&P 500 futures (ES) ES is down 0.31% to 7748.50, retreating from the 7772.50 previous close. The index maintains a strong bullish posture, trading above its MA20 (7689.81), MA50 (7655.76), and MA200 (7227.43). The 60-day swing high of 7848.50 is the immediate upside target, while immediate support is found at the session low of 7741.25. A break below this could test the MA20. Bias: Bullish; invalidation below 7700.00.
Dow futures (YM) YM is trading at 51773.00, down 0.19%, following a previous close of 51873.00. The index is trading below its MA20 (52577.30) and MA50 (52938.94) but remains above the MA200 (50328.63), indicating a short-term pullback within a longer-term uptrend. The 60-day swing high of 54884.00 acts as strong resistance, with support at the session low of 51726.00. Bias: Neutral-Bullish; invalidation below 51500.00.
DAX The DAX is lower at 25410.63, down 0.64% from its 25575.01 previous close. The index is trading below its MA20 (25812.40) and MA50 (25780.46) but remains above the MA200 (24788.54). This suggests a short-term bearish bias within a longer-term bullish trend. Immediate resistance is at the session high of 25729.05, while support is at the session low of 25365.21. Bias: Neutral-Bearish; invalidation above 25600.00.
FTSE 100 The FTSE 100 is down 0.31% to 10705.26, below its 10739.00 previous close. The index is trading below its MA20 (10755.82) and MA50 (10758.64) but significantly above its MA200 (10418.22). This indicates a short-term bearish shift within a broader uptrend. Resistance lies at the session high of 10762.52, while support is at the session low of 10682.73. Bias: Neutral-Bearish; invalidation above 10750.00.
COMMODITIES Spot gold (XAU/USD) Gold is trading marginally lower at 4317.40, down 0.02%, hovering near its previous close of 4318.40. Price action is well below all key moving averages: MA20 (4425.59), MA50 (4348.35), and MA200 (4555.64), indicating a strong bearish trend. Resistance is at the session high of 4338.00, with support at the session low of 4308.00. The 60-day swing low of 3963.00 remains a downside target. Bias: Bearish; invalidation above 4350.00.
Spot silver (XAG/USD) Silver is showing a slight gain at 64.570, up 0.29%, from its 64.382 previous close. The metal is trading below its MA20 (65.593) and MA200 (72.630) but above its MA50 (63.486), suggesting a mixed to consolidative short-term view within a longer-term bearish trend. Resistance is at the session high of 65.005, with support at the session low of 64.170. Bias: Neutral-Bearish; invalidation above 65.000.
Copper Copper is up 1.23% to 6.76000, continuing its rally from the 6.67800 previous close. The commodity is trading above all key moving averages: MA20 (6.58090), MA50 (6.52880), and MA200 (6.08050), confirming a strong uptrend. Current price action is nearing the 60-day swing high of 6.83000, which acts as immediate resistance. Support is at the session low of 6.75050. Bias: Bullish; invalidation below 6.70000.
WTI crude WTI crude is marginally lower at 92.050, down 0.12%, from its 92.160 previous close. The oil benchmark is trading below its MA20 (94.737) but above its MA50 (87.721) and MA200 (81.365), indicating a short-term pullback within a medium to long-term uptrend. Immediate resistance is at the session high of 92.790, with support at the session low of 91.230. Bias: Neutral-Bullish; invalidation below 91.000.
Brent crude Brent crude is sharply lower at 98.150, down 4.78%, a significant drop from its 103.080 previous close. The price is trading below its MA20 (99.636) but remains above MA50 (93.185) and MA200 (86.442). This suggests a strong short-term bearish reversal within an otherwise bullish trend. The session low of 97.100 is immediate support, with resistance at the previous close. Bias: Bearish; invalidation above 99.000.
Natural gas Natural gas is notably higher at 3.20600, up 6.05%, following a previous close of 3.02300. The commodity is trading above its MA20 (2.92150) and MA50 (2.83510) and has now crossed above its MA200 (3.19020), signaling strong bullish momentum. Current price action is at the very top of its session range (3.16600-3.20800), with potential to test the 60-day swing high of 3.35500. Bias: Bullish; invalidation below 3.15000.
RATES US 10-year Treasury yield The US 10-year Treasury yield is significantly higher at 5.11400, up 3.04% from its 4.96300 previous close. The yield is trading above all key moving averages: MA20 (4.85690), MA50 (4.73600), and MA200 (4.40870), indicating a strong and persistent uptrend. Current action is nearing the 60-day swing high and 52-week high of 5.13500. This continued rise suggests ongoing hawkish monetary policy expectations. Bias: Bullish; invalidation below 5.08000.
CRYPTO Bitcoin (BTC/USDT) BTC is trading at 83923.70, down 3.00%, continuing to fall from the 86522.00 previous close. Current price action is nearing the session low of 83500.20, indicating strong selling pressure. The 24-hour range of 83500.20-86626.60 shows significant volatility. A break below the session low could open further downside toward psychological support levels. Trading volume stands at $0.74bn, sourced from okx. Bias: Bearish; invalidation above 85000.00.
Ethereum (ETH/USDT) ETH is at 2680.43, down 2.77%, extending losses from the 2756.82 previous close. The asset is trading close to its session low of 2635.23, indicating that sellers are in control. The 24-hour range is 2635.23-2762.08. A sustained break below 2635 could accelerate the downtrend. Volume is at $0.43bn, sourced from okx. Bias: Bearish; invalidation above 2720.00.
Solana (SOL/USDT) SOL is trading at 114.78, down 3.16%, dropping from the 118.52 previous close. Price action is currently testing the session low of 113.00, signaling bearish momentum. The 24-hour range is 113.00-119.29. A breach of the 113.00 support level would confirm further downside. Volume is reported at $0.13bn, sourced from okx. Bias: Bearish; invalidation above 117.00.
Expect continued USD strength across FX pairs, with EUR/USD and GBP/USD testing multi-week lows. Commodities show divergence, with natural gas and copper strong, while precious metals and Brent crude are under pressure, suggesting a rotation in sector strength.