Greg Michalowski

NASDAQ traders battle between key support and resistance levels

• NASDAQ is struggling below the 100-day MA, presenting a challenge for traders amid fluctuating levels of support and resistance.

OPEC + is hesitant on going ahead with plans April oil output hike

GBPUSD breaks below key moving averages, signaling bearish sentiment

• The GBPUSD has moved below the 100 and 200 hour MAs and the 100 day MA. Sellers making a play.

AUDUSD posts largest decline of 2025 amid tariff concerns

• AUDUSD drops nearly 0.9% today, approaching crucial 50% retracement level at 0.6247 amid concerns over tariffs imposed by President Trump. Downside momentum could accelerate below this key technical point.

NZDUSD steps down to the 50% of the February trading range. Down over 0.80% on the day.

• NZDUSD drops sharply as trade concerns rise, testing key support levels; battle at 50% retracement zone could determine next move.