Technical Analysis:Your Daily Dose of Market Insights, June 9, 2023

Brief Highlights:

- S&P 500 advances 20%, signalling new bull market potential

- Asian equities follow S&P 500's lead, boosted by Chinese stimulus hopes

- Increase in US jobless claims cools labour market, benefits tech sector

- Yen weakens, Turkish lira weakens after new central bank governor appointment

- Oil prices fall on demand concerns, US-Iran nuclear deal scepticism

- Market uncertain about US-Iran deal, impacting oil price expectations

- Key event: China's PPI, CPI on Friday.

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Dollar Index (DXY) Intraday:

Pivot Level: 103.57

Gold Intraday:

Pivot Level: 1958.55

USD/JPY Intraday:

Pivot: 139.32

AUD/USD Intraday:

Pivot: 0.6695

Crude Oil (WTI)‎ Intraday:

Pivot: 71.11

USD/CAD Intraday:

Pivot: 1.3361

EUR/USD Intraday:

Pivot: 1.076

GBP/USD Intraday:

Pivot: 1.252

EUR/GBP Intraday:

Pivot: 0.8595

Nasdaq 100 Intraday:

Pivot:

14434.00

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