
GBP/USD, Dow Jones Forecast: Key Technical Scenarios to Watch
GBP/USD and the Dow Jones are approaching critical technical levels amid earning optimism, Fed rate hike expectations, US-Iran developments, and persistent geopolitical risks.
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GBP/USD and the Dow Jones are approaching critical technical levels amid earning optimism, Fed rate hike expectations, US-Iran developments, and persistent geopolitical risks.

Nasdaq, the U.S. Dollar Index and Federal Reserve expectations are driving market sentiment ahead of a pivotal FOMC meeting. Razan Hilal, StoneX Market Analyst, explains how rising expectations for a hawkish Federal Reserve, persistent U.S.-Iran tensions and key technical levels on the U.S. Dollar Index could influence currencies, equities and precious metals in the weeks ahead.

The US Dollar Index (DXY) continues to hold above the 101.00 mark, reinforcing its bullish structure, while the Nasdaq remains capped below the 29,000 resistance and its June-July consolidation range, reflecting cautious risk appetite ahead of the Federal Reserve's policy decision and major earnings releases on Wednesday.

The Magnificent Seven enter earnings with far more divided performance than in previous years, as investors increasingly distinguish between companies supplying the AI buildout and those funding it - what does that mean heading into earnings season?

Crude Oil, Nasdaq, NVDA Outlook: Crude oil prices remain elevated near the $100 mark as Nvidia (NVDA) earnings expectations surpass $78 billion. Latest outlook for crude oil, Nasdaq, and NVDA amid rising bond yields, inflation concerns, and Middle East tensions.

Bitcoin, DXY Price Outlook: The dollar edges higher while markets ease ahead of the FOMC meeting and mega-cap earnings on Wednesday, as inflation continues to build in line with ongoing Hormuz disruptions.

For the Magnificent 7 and broader Nasdaq 100, this quarter’s most important theme is the shift from pure AI and datacenter capital expenditures to the ROI on those investments

The Nasdaq 100 is falling sharply today, despite strong earnings from NVDA, solid jobless claims, and Iran optimis - what's next?

Analysts expect Nvidia to report $1.52 in EPS on $65.6B in revenue, but as always, the company’s guidance for future quarters will be most significant - how will NVDA react?

Dow Outlook: Rotations out of AI capped gains across the S&P 500 and Nasdaq and boosted the Dow above 50,000. However, this dispersion is slowing, with declining risk appetite ahead of key industrial earnings, CPI, and NFP reports this week.

Market optimism lifts ahead of key mega-cap earnings and tonight’s FOMC meeting, in line with a sharp dollar drawdown and a revival in AI-related sentiment. However, the steepness of recent trends warrants contrarian caution.

EURUSD, Nasdaq Outlook: EU and India move to settle trade deals, hedging Trump tariff risks and keeping EURUSD afloat above the 1.19 mark. On the other hand, U.S. indices brace for tomorrow’s FOMC meeting and upcoming mega-cap earnings.

While risk-on sentiment rises ahead of the FOMC meeting and mega-cap earnings on Wednesday, macro defensiveness can still be seen, with precious metals holding at steep levels and Bitcoin remaining pressured below the 90,000 mark.
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