Technical Analysis:Your Daily Dose of Market Insights, May 8, 2023

Asian shares advanced for a third day, amid relative calm and positive sentiment across most financial markets. Contracts for US equities were little changed following a strong performance on Wall Street Friday. Investors will be awaiting the release this week of the core consumer price index, which is closely watched by the Fed.

• Oil prices creep higher as recession fears begin to fade read on

• 1 Stock to Buy, 1 Stock to Sell This Week: Airbnb, Rivian read on

• Gold ticks higher, US inflation data in focus read on

• Binance pauses bitcoin withdrawals citing large volumes read on

• BOE rate decision plus US CPI, trading week ahead read on

• Dollar on rates-watch as traders wait on loans data read on

Key events today.

US wholesale inventories

“Intraday forex trading signals". Our top forex trades for today, we look at the technicals and fundamentals to generate profits daily on the most traded correlated assets in the world.

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Dollar Index (ICE)‎ intraday:

Pivot: 101.37

Gold Intraday:

Pivot: 2022.77.

USD/JPY Intraday:

Pivot: 134.60

AUD/USD Intraday:

Pivot: 0.6733

Crude Oil (WTI)‎ West Texas Intermediate: :

Pivot: 70.54

USD/CAD Intraday:

Pivot: 1.3431

EUR/USD Intraday:

Pivot: 1.101

GBP/USD Intraday:

Pivot: 1.262

Nasdaq 100 Intraday:

Pivot:

13,203.38

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