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NZDUSD (1HR)
The kiwi dollar remained under pressure, trading around 0.5856 against the US dollar, though it managed to stay above the recent low near 0.5775. Weakness in the kiwi was partly driven by cross-selling against the Australian dollar, which pushed to a fresh 13-year high against NZD
Currently, the pair is testing a short-term resistance area around 0.5860–0.5880, where momentum have started to slowdown. Stronger resistances is seen around 0.5900
AUDUSD (1HR)
The Australian dollar remains firm, supported by persistently high domestic inflation and the Reserve Bank of Australia maintaining a cautious, hawkish stance. The central bank has raised interest rates for a second consecutive month, pushing them to a 10-month high. This move reverses two of the three rate cuts made last year, with policymakers warning that inflation risks are increasingly skewed to the upside.
AUDUSD gained 0.41% to 0.71005 against the US dollar, extending its recent intra day gains. The pair is dancing around this short term ascending structure. Immediate resistances is seen around 0.7120–0.7150, followed by the recent high of 0.7200. Support lies near 0.7070–0.7050 where the EMA is, and stronger support around 0.7000 from the 4hr trend line.
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US500 (SP500) UPDATE
- Momentum shifting to the upside but failure to hold above 6733 and running into a wall at 6756 has so far checked the upside and prevented a move back to 6800 and neutrality..
- To keep short-term momentum pointed up, the trendline + 6650 need to hold below it although it will trade with a better bid if it stays above 6700.
US500 4 HOUR CHART
ETHUSD (4HR)
Ethereum has now finally broken through the $2,150 resistance level after spending two months capped below this zone. Etheruem is starting to form higher lows, which could signal a shift in structure, building a bullish momentum into a higher move
Similar to last month’s setup, holding above $2,150 would support continued upside, with the level now acting as support. The focus now is whether Ethereum can maintain this breakout and sustain momentum higher.
March 17 Pre-Market Earnings Release Stocks
(ATAT) Atour Lifestyle Holdings Ltd reported adjusted earnings of CNY 1.15 per share for the quarter ended December 31, down from CNY 2.38 a year earlier. Despite the decline, the company achieved strong 2025 growth, with managed hotel revenues rising 28% and retail revenues increasing 67% year over year.
(TME) Tencent Music Entertainment Group reported adjusted earnings of 80 fen per share for the quarter ended December 31, up from 73 fen a year earlier.
(PSQH) PSQ Holdings, Inc. Net revenue rose 81% year over year to $18.2M, driven by fintech expansion and cost discipline. The company’s focus on fintech and AI, along with divesting non-core assets, aims to boost profitability and revenue per employee in 2026, following strong 2025 revenue growth and improved losses.
US500 (SP500) UPDATE
- One clue is risk mood seems more sensitive today to a dip in crude oil off the high than the bounce overnight.
- The move above 6733 breaks down momentum and exposes 6756, the obstacle to 6800+.
- Look for a bid under the market as long as 6700+ trades, stronger if 6733 becomes support.
US500 4 HOUR CHART
US PRE-MARKET MOVERS: NVDA, LITE/CIEN/COHR, JHG, DAL, JBLU, STYLD, NBIS, LNSR
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