
S&P 500 Analysis: Slightly Lower as Buying Remains Speculative Option – 19 August 2025
The S&P 500 pulls back to 6,445 after record highs, with support at 6,440–6,430 eyed as traders balance profit-taking with Fed outlooks.
The S&P 500 pulls back to 6,445 after record highs, with support at 6,440–6,430 eyed as traders balance profit-taking with Fed outlooks.
The US dollar remains choppy against the Canadian dollar near 1.38, with weak Canadian fundamentals and key EMA levels guiding short-term direction.
The British pound faces resistance at 1.3550, with risks of a pullback toward 1.3250 unless a breakout above 1.36 revives bullish momentum.
The New Zealand dollar rises against the yen but remains trapped in a tight ¥87.5–¥89 range, with risk sentiment driving short-term moves.
The US dollar gains against the Mexican peso near the 50-day EMA, but the downtrend persists with sellers targeting support around 18.50.
High valuations compared to its peers in the sector, a low return on average invested capital, long-term value destruction, and balance sheet issues plague this stock. The uncertainty of BNPL creates another headwind. Should you sell in twin bearish chart patterns?