Intraday Analysis 24.09.2026

NAS 100 hits resistance

Indices took a step back as the Nasdaq failed to progress beyond the 30700 level.

• A move away from the said peak has given sellers the initiative to jump in, keeping the Nasdaq under pressure.
• The index now looks to the next psychological level of 30000 if 30200 is broken, putting further downside pressure on the Nasdaq.
• Further down, 29600 awaits the index if there is a deeper correction ahead.

GBPUSD collapses lower

• The pair’s downturn below 1.3300 continued as trend followers look to sustain the rally.
• As the pair tests 1.3250, the RSI’s oversold status could attract dip-buyers.
• Unless 1.3250 is held, the sell-off could continue as the greenback looks to build momentum towards 1.3200.
• 1.3400 is the higher target if the pair finds support.

XAUUSD tests critical target

• On the chart, the direction is slightly skewed as the precious metal looks to find a bounce.
• The price is testing the bottom of the recent rally at 4280.
• 4225 awaits the next bearish move as gold remains corrective.
• A bounce at 4280 would give buyers a fighting chance to de-escalate the trend for a move to 4400.
  

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