Daily Swing Chart

The Nasdaq Composite remains vulnerable after failing near its 50-day moving average, with lower tops and lower bottoms keeping sellers in control. Traders are watching whether support around 26074.05 can hold or whether a deeper test toward longer-term levels develops.

U.S. equity indices are trading around pivotal technical zones as markets await the Federal Reserve interest rate decision at 18:00 GMT. The S&P 500 is pressing a resistance band after reclaiming its 50 day moving average, while the Dow remains supported above its own average but still faces nearby barriers.

The S&P 500 and Dow Jones Industrial Average traded higher at mid-session as investors waited for the Federal Reserve interest rate decision. Technical traders are watching whether the indices can defend their 50-day moving averages and clear nearby retracement barriers.

Spot silver settled higher for a second session on Friday after the dollar failed to extend its early strength. Technical traders are now focused on whether XAGUSD can hold $66.75 and challenge $68.33, where the main trend would turn up.

Gold gained breathing room after yields pulled back below 5% and the US Dollar Index paused near 99.67. Technical traders are watching whether Warsh’s tone keeps the rebound alive or turns the move into a short-covering rally.

Silver is edging higher after buyers defended a key retracement zone and the 50-day moving average. The broader trend remains down, leaving traders focused on the Fed decision, inflation pressure and whether XAGUSD can reclaim higher resistance.