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Dow Jones weakness may be approaching exhaustion as the index trades near closely watched Elliott Wave targets and support around 50,500. Oversold NYSE breadth, stretched internal indicators and emerging technical divergences suggest a renewed rally could develop over the coming days to weeks.

AUD/USD has fallen for three consecutive weeks, reaching 0.7023 as traders position for the Reserve Bank of Australia’s upcoming rate decision. Technical signals remain tilted lower, with 0.7000 emerging as a key support zone and 0.6900 in focus if selling pressure persists.

Bitcoin remained under pressure after the CLARITY Act failed to advance in the United States Senate, adding to risk-off sentiment across digital assets. Technical traders are watching the 70,000 area after BTC/USD slipped below 76,000 and key momentum indicators continued to weaken.

The S&P 500 is approaching a pivotal technical test as seasonal weakness lines up with a possible Elliott Wave decline. A break below 7,638 could shift attention toward the 7,100–7,200 area, while a hold may keep the bullish case alive.

The Nasdaq 100 is trading in a compressed volatility setup, with Bollinger Bands tightening around the index as Elliott Wave scenarios point to sharply different outcomes. Technical traders are watching 30,195 as a key bullish confirmation area, while weakness below the lower band could revive downside targets near 27,732 and 26,900.

AUD/USD has climbed to 0.7187, its strongest level since May 29, as traders weigh possible RBA and Fed policy divergence. The bullish setup remains focused on 0.7280, while a break below 0.7100 would weaken the near-term outlook.

EUR/USD pushed to 1.1676, its highest level since May, as the US dollar weakened and bond yields cooled after Treasury intervention. Traders are watching ECB minutes, inflation trends and the 1.1600 support zone as the pair attempts to extend its bullish breakout.

EUR/USD retreated to 1.1515 after stronger-than-expected US manufacturing readings reinforced near-term dollar demand. Technical traders are watching the 1.1483 neckline area and the 1.1620 resistance level as the next key markers.

Gold extended its short-term recovery after gaining nearly 2%, stabilizing around $4,082 per ounce while staying above the key $4,000 psychological level. The rebound remains technically fragile as a stronger US dollar, higher Treasury yields, and bearish medium-term indicators continue to cap upside momentum.

Bitcoin traded near $65,100 on Tuesday, holding above the key $65,000 area as United States ETF inflows continued and Strategy avoided fresh Bitcoin sales. Technical traders are watching whether BTC/USD can extend toward $67,375 or lose momentum below the 50-period moving average at $64,180.

Gold has struggled to respond to a weaker U.S. dollar and a downside surprise in June CPI, keeping pressure on precious metals into a critical technical window. Market participants are watching $3,900 as the key threshold that may decide whether the correction is nearly complete or extends toward a deeper downside target.

Gold has recovered part of its recent losses after buyers defended the area near $4,020 per ounce, while the broader daily trend remains under bearish pressure. Traders are watching whether the metal can hold above $4,000 and challenge $4,200 as the next major resistance zone.

Gold recovered part of its recent decline after buyers stepped in near the $4,020 area, lifting prices toward $4,110. The broader XAU/USD picture remains bearish in the medium term, while a short-term corrective rebound depends on whether prices can hold above $4,000 and challenge $4,200.

Gold opened the week with a bullish gap and briefly reached $4,200 per ounce, its strongest level in two weeks, before renewed selling pressure pulled prices toward $4,145. The market remains caught between a short-term recovery attempt and a broader medium-term bearish structure as traders monitor FOMC minutes and US rate expectations.

Gold is stabilizing above the key $4,000 area as traders await the US Non-Farm Payrolls release for signals on the Federal Reserve’s policy path. Technical indicators still urge caution, with downward-sloping moving averages and resistance levels limiting confidence in a sustained rebound.

EUR/USD remains under pressure around and below the 1.1400 area as traders wait for the US employment report. Technical momentum still favors sellers, while easing inflation in Germany and France gives the euro limited support.

EUR/USD remains in a bearish technical structure as the pair stabilizes around and below 1.1400 before the US employment report. Traders are watching whether stronger jobs figures can extend dollar strength or whether weaker data can trigger a euro rebound toward nearby resistance.