FxWirePro- Major Pair levels and bias summary 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
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NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 
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FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
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FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD drifts lower after BOE rate decision 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
FxWirePro- Woodies pivot (Major) 
Bearish divergence (daily CCI (50) and RSI)
As per our analysis, S&P500 has lost nearly 40 points from the all-time high of 2999.The index was trading higher for the past four weeks and jumped more than 3% from low of 2728. Markets already factored 25bpbs point cut and his testimony will have more impact on expectations for Fed rate cuts in Sep and coming months. It is currently trading around 2970.60.
US 10 year bond yield continues to trade higher for the past four trading days and recovered nearly 9% from 1.93% lowest level since 2016. It is currently trading around 2.09%.
The index's near term major resistance is at 3000 (161.8% fib) and any convincing break above will take to the next level till 3025/3050.
On the flip side, near term support is around 2955 (38.2% fib) and any indicative break below will take the index till 2941 (20- day MA)/2910 (Jun 26th low).
It is good to sell on rallies around 2982-84 with SL around 3000 for the TP of 2910.
