![\"\"](\"https:\/\/www.ad-fx.com\/wp-content\/uploads\/2026\/09\/image-206-1024x585.png\")
<\/figure>\n\n\n\nNAS100<\/h2>\n\n\n\n
The Nasdaq closed at 29,694.60, up 0.83% from the previous close, marking its second consecutive daily gain. After dipping to 29,381.6 at 01:15 during the Asian session, the index stabilized and climbed to 29,728.1 at 20:00 during the U.S. session. It broke and held above the 29,500 level, approaching the 10-day high of 29,755.8. With the dollar firm and interest rates not exerting significant pressure, the index maintained an upward bias.<\/p>\n\n\n\n
Upside potential remains limited until the previous high of 29,755.8 is confirmed by a daily close. The 29,500 level serves as short-term support.<\/p>\n\n\n\n Spot gold closed at 4,378.30, up 0.84% from the previous close, marking its second consecutive daily gain. After dipping to 4,334.29 at 03:15 during the Asian session, gold stabilized and climbed to 4,399.57 at 07:45 during the European session. It broke and held above the 4,350 level. The daily range was equivalent to 62% of the 14-day average daily range, ranking at the 10th percentile over the past 20 days.<\/p>\n\n\n\n Gold recovered above 4,350, but the close remained below the daily 20-day MA at 4,421.41, leaving the rebound unconfirmed. A close above 4,442.95, the 10-day high and previous week’s high, is required before treating the move as a confirmed breakout. A close below 4,291.39, the previous week’s low, would signal weakness, with 4,235.06, the 10-day and 20-day low, as the next level to watch.<\/p>\n\n\n\n WTI crude oil closed at 100.012, down 1.20% from the previous close, marking its third consecutive daily decline. After dipping to 99.387 at 07:30 during the European session, oil stabilized and climbed to 102.572 at 14:15 during the U.S. session. It briefly lost and reclaimed the 100 level, failed to hold 101, and did not sustain gains above 102. After three consecutive daily declines, the 100 level has been regained but 101 remains lost, keeping the short-term move in a pullback phase.<\/p>\n\n\n\n Below 104.585, the previous week’s high, upside momentum should be approached cautiously. A break below 97.000, the round-number level, would bring 91.000\u201391.089, the round-number level and 10-day low, into focus.<\/p>\n\n\n\n GBPUSD closed at 1.33931, up 0.26% from the previous close. After dipping to 1.33349 at 12:15 during the European session, the pair stabilized and climbed to 1.33976 at 20:15 during the U.S. session. It closed near the intraday high but remained below the MA5, leaving the rebound unconfirmed as a reversal. The daily MA5 at 1.34215, MA10 at 1.34770, and MA20 at 1.35175 remain above price. A move back above the MA5 is needed before treating the move as a trend reversal.<\/p>\n\n\n\n For USDJPY, watch support around 156 and resistance at 158; a daily close above the 20-day MA at 156.79 would indicate a recovery of the medium-term moving average. For the Nasdaq, upside potential remains limited until the previous high of 29,755.8 is confirmed by a daily close, with 29,500 as short-term support. For gold, 4,442.95 must be reclaimed on a daily closing basis to confirm a valid breakout, while a close below 4,291.39 would signal weakness. For WTI crude oil, 104.585 remains the key resistance level, while a break below 97.000 would bring 91.000\u201391.089 into focus. For GBPUSD, a move back above the MA5 at 1.34215 is needed before treating the move as a trend reversal.<\/p>\n\n\n\n Resistance and support levels are arranged from nearest to farthest: R1\/S1 are the nearest levels, while R3\/S3 are the farthest.<\/p>\n","protected":false},"excerpt":{"rendered":" Market Themes On September 18, dollar-denominated assets broadly strengthened. USDJPY broke above 156 and briefly tested 158, while the Nasdaq reclaimed 29,500 and approached its previous high, with the interest-rate environment supporting both the U.S. dollar and risk assets. Gold rebounded after dipping during the Asian session and closed higher above 4,350, but remained below […]<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","class_list":["post-42456","market-overview","type-market-overview","status-publish","hentry"],"acf":[],"yoast_head":"\n![\"\"](\"https:\/\/www.ad-fx.com\/wp-content\/uploads\/2026\/09\/image-207-1024x585.png\")
<\/figure>\n\n\n\nSpot Gold (XAUUSD)<\/h2>\n\n\n\n
![\"\"](\"https:\/\/www.ad-fx.com\/wp-content\/uploads\/2026\/09\/image-208-1024x585.png\")
<\/figure>\n\n\n\nWTI Crude Oil (USOIL)<\/h2>\n\n\n\n
![\"\"](\"https:\/\/www.ad-fx.com\/wp-content\/uploads\/2026\/09\/image-209-1024x585.png\")
<\/figure>\n\n\n\nGBPUSD<\/h2>\n\n\n\n
![\"\"](\"https:\/\/www.ad-fx.com\/wp-content\/uploads\/2026\/09\/image-210-1024x585.png\")
<\/figure>\n\n\n\nMarket Outlook<\/h2>\n\n\n\n
Key Levels<\/h2>\n\n\n\n
Instrument<\/th> Direction<\/th> Near R1 \/ S1<\/th> Mid R2 \/ S2<\/th> Far R3 \/ S3<\/th><\/tr><\/thead> XAUUSD<\/td> Resistance<\/td> 4442.95<\/strong>
10-day high, previous week’s high<\/td>4600.00<\/strong>
Round-number level<\/td>4696.81\u20134700.00<\/strong>
Round-number level, 20-day high<\/td><\/tr>XAUUSD<\/td> Support<\/td> 4288.34\u20134291.39<\/strong>
50-day SMA, previous week’s low<\/td>4235.06<\/strong>
10-day low, 20-day low<\/td>3942.97<\/strong>
60-day low<\/td><\/tr>GBPUSD<\/td> Resistance<\/td> 1.34500\u20131.34575<\/strong>
Round-number level, Fibonacci 61.8%, 200-day SMA<\/td>1.34952\u20131.35000<\/strong>
Major round-number level, Fibonacci 50.0%<\/td>1.36750<\/strong>
60-day high, previous month’s high<\/td><\/tr>GBPUSD<\/td> Support<\/td> 1.33349\u20131.33356<\/strong>
Previous day’s low, intraday low<\/td>1.32500<\/strong>
Major round-number level<\/td>1.31900<\/strong>
60-day low<\/td><\/tr>NAS100<\/td> Resistance<\/td> 30000.0<\/strong>
Major round-number level<\/td>30378.0<\/strong>
60-day high<\/td>31000.0<\/strong>
Round-number level<\/td><\/tr>NAS100<\/td> Support<\/td> 29374.3\u201329392.5<\/strong>
Intraday low, Fibonacci 38.2%, 25-day SMA, 5-day EMA<\/td>29043.3<\/strong>
Previous week’s low<\/td>28206.3<\/strong>
Previous month’s low<\/td><\/tr>USOIL<\/td> Resistance<\/td> 104.585<\/strong>
Previous week’s high<\/td>106.752<\/strong>
10-day high, 20-day high<\/td>114.000<\/strong>
Round-number level<\/td><\/tr>USOIL<\/td> Support<\/td> 94.910\u201395.000<\/strong>
Major round-number level, 21-day EMA<\/td>91.000\u201391.089<\/strong>
Round-number level, 10-day low<\/td>80.127<\/strong>
20-day low<\/td><\/tr>USDJPY<\/td> Resistance<\/td> 158.000\u2013158.114<\/strong>
Round-number level, intraday high, 50-day EMA<\/td>160.193<\/strong>
Previous month’s high<\/td>163.978\u2013164.000<\/strong>
Round-number level, 60-day high<\/td><\/tr>USDJPY<\/td> Support<\/td> 155.218\u2013155.328<\/strong>
Previous day’s low, previous month’s low<\/td>152.874\u2013153.000<\/strong>
Round-number level, 10-day low<\/td>152.000\u2013152.085<\/strong>
Round-number level, lower Bollinger Band<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n