【FXCM】29 July 2026 · Daily Market Update

📊 Gold / FX / Index Daily Update | 29 July 2026

Dear traders, here is your daily market companion — helping you quickly understand:

✅ Which products moved yesterday

✅ Which key levels to watch today

✅ What market risks may drive volatility

✅ Where potential trading opportunities may appear

Today's market focus: Gold price, crude oil, USDJPY, EURUSD, US30, NAS100, SPX500, HKG33, JPN225, AI Stocks, Nvidia, Tesla, Alphabet, Intel, Bitcoin and Crypto.

🟡 GOLD WATCH — XAUUSD / Gold Price

Quick view:

Gold was range-bound to slightly higher as Treasury yields eased before the FOMC decision.

Key levels to watch:

$4,100 nearby resistance area / $4,080 support area / $4,050 deeper support area

Why watch it？

Gold remains sensitive to USD direction, Treasury yields and Fed policy guidance. A softer Fed message may support Gold, while stronger USD or higher yields may limit upside.

🔥 OIL WATCH — WTI / Brent Crude Oil

Quick view:

Oil moved sharply lower, with Brent around the $82 area after easing from recent highs.

Key levels to watch:

Brent $82 nearby level / $80 psychological support / $85 resistance area

Why watch it？

Oil remains one of the most important products to watch as traders reassess U.S.-Iran risk premium and supply expectations.

Risk to watch:

EIA Crude Oil Inventories and any fresh Middle East / U.S.-Iran headline may trigger fast movement in WTI and Brent.

💵 FX WATCH — USDJPY / EURUSD

USDJPY quick view:

USDJPY stayed elevated, but lower U.S. yields reduced some upside pressure.

Key levels to watch:

164.00 resistance area / 163.00 nearby level / 162.50 support area

EURUSD quick view:

EURUSD was slightly firmer as oil prices and yields eased.

Key levels to watch:

1.0850 resistance area / 1.0800 psychological area / 1.0750 support area

Why watch FX today？

USDJPY and EURUSD remain linked to USD direction, Treasury yields, FOMC expectations and broader risk sentiment.

📈 US INDEX WATCH — US30 / NAS100 / SPX500

Quick view:

Dow gained around 1.0%, S&P 500 rose around 0.2%, while Nasdaq slipped around 0.2%.

Key levels to watch:

NAS100 24,800 / 25,000 area

SPX500 7,400-7,450 area

US30 52,700 area

Why watch it？

U.S. indices showed rotation: broader sectors gained, while AI and chip-stock weakness continued to pressure Nasdaq.

🤖 AI STOCKS WATCH — Nvidia / Semiconductors / Tesla / Alphabet / Intel

Quick view:

AI and chip stocks sold off again, with Micron, AMD and Applied Materials under pressure.

Key levels to watch:

Nvidia $380 support area / $390 nearby level / $400 psychological resistance

Tesla earnings reaction / Alphabet AI capex and cloud guidance / Intel chip-demand outlook

Why watch it？

AI stocks and semiconductors remain key drivers for NAS100 and broader technology sentiment. Investors are watching whether heavy AI spending can translate into stronger growth and profitability.

Risk to watch:

Cautious earnings guidance, weaker AI demand signals, China competition concerns or higher Treasury yields may pressure technology sentiment.

🌏 ASIA INDEX WATCH — HKG33 / JPN225

HKG33 key levels:

24,500 area / 24,000 support area / 25,000 psychological resistance

JPN225 key levels:

40,000 psychological support / 40,500 nearby level / 41,000 resistance area

Why watch it？

HKG33 remains sensitive to China / Hong Kong tech sentiment and global risk appetite. JPN225 remains linked to USDJPY, yen weakness and semiconductor momentum.

₿ CRYPTO WATCH — BTC / Crypto Market

Quick view:

Bitcoin remained range-bound and risk-sensitive as Nasdaq weakened.

Key levels to watch:

$120,000 psychological area / $118,000 support area / $122,000 resistance area

Why watch it？

Crypto remains linked to Nasdaq movement, USD direction, Treasury yields and broader risk appetite.

📌 TODAY'S KEY FOCUS

• FOMC Interest-Rate Decision

• Fed Press Conference

• EIA Crude Oil Inventories

• MBA Mortgage Applications

• Big Tech earnings watch

• Nvidia / semiconductor momentum

• Middle East / U.S.-Iran headlines

• USD and Treasury yield movement

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