Calendar (Prague time, CET):
10:00 Germany Q3 GDP (preliminary)
11:00 Eurozone Q3 GDP and September unemployment
13:30 US Employment Cost Index Q3
14:00 Germany October CPI (preliminary)
14:30 US cash equity open
14:45 US Chicago PMI October
17:00 and 17:30 Fed speakers Daly and Musalem
XAUUSD (about 3,984 spot)
Gold is back below 4,000 after strong US data (Q3 GDP +3.4%, September PCE +0.5% m/m), which keeps a December Fed hike in play at roughly 75% odds. Resistance 3,995-4,000, then 4,005 (Thursday's low) and 4,023. Support 3,978, then 3,963 (today's low). Today is also the weekly and monthly close.
NAS100 (about 28,760 cash, 28,920 December futures)
Futures are down about 2% after weak Amazon results and Intel guidance. Resistance 28,860-28,890, then 28,970. Support 28,660 (overnight low). The 13:30 ECI release and the 14:30 open can bring fast moves.
BTCUSD (about 77,970)
Bitcoin is falling with tech after Thursday's high near 81,870, with lower highs on H1. Resistance 78,600, then 78,870. Support 76,330 (today's low).
EURUSD (about 1.1196)
The ECB held rates with a hawkish tone and markets price about 67% odds of a December hike. Resistance 1.1200, then 1.1217 (today's high). Support 1.1180, then 1.1135. Eurozone GDP at 11:00 and German CPI at 14:00 are the main local drivers.
Data spikes and the Friday close can jump past stops. Size positions small and plan around the release times.
Market briefing for education, not financial advice. Trading carries risk.
10:00 Germany Q3 GDP (preliminary)
11:00 Eurozone Q3 GDP and September unemployment
13:30 US Employment Cost Index Q3
14:00 Germany October CPI (preliminary)
14:30 US cash equity open
14:45 US Chicago PMI October
17:00 and 17:30 Fed speakers Daly and Musalem
XAUUSD (about 3,984 spot)
Gold is back below 4,000 after strong US data (Q3 GDP +3.4%, September PCE +0.5% m/m), which keeps a December Fed hike in play at roughly 75% odds. Resistance 3,995-4,000, then 4,005 (Thursday's low) and 4,023. Support 3,978, then 3,963 (today's low). Today is also the weekly and monthly close.
NAS100 (about 28,760 cash, 28,920 December futures)
Futures are down about 2% after weak Amazon results and Intel guidance. Resistance 28,860-28,890, then 28,970. Support 28,660 (overnight low). The 13:30 ECI release and the 14:30 open can bring fast moves.
BTCUSD (about 77,970)
Bitcoin is falling with tech after Thursday's high near 81,870, with lower highs on H1. Resistance 78,600, then 78,870. Support 76,330 (today's low).
EURUSD (about 1.1196)
The ECB held rates with a hawkish tone and markets price about 67% odds of a December hike. Resistance 1.1200, then 1.1217 (today's high). Support 1.1180, then 1.1135. Eurozone GDP at 11:00 and German CPI at 14:00 are the main local drivers.
Data spikes and the Friday close can jump past stops. Size positions small and plan around the release times.
Market briefing for education, not financial advice. Trading carries risk.
