Fundamental

EUR/USD stays rangebound between 1.16 and 1.18 after the ECB’s rate hold, with traders awaiting the Fed’s decision for the next breakout signal.

The DAX remains choppy below its 50-day EMA, with support at €23,250 and resistance at €24,600 as traders await clearer momentum after the ECB decision.

The S&P 500 surged above 6580 with momentum building toward 6700, while support holds at 6500–6480 within a broader bullish channel.

Nvidia stock is set to open higher after a 4% jump, with traders eyeing a breakout above $185 while dips remain attractive buying opportunities.

The EUR/USD pair traded with a soft tone throughout the first half of the day, holding below the 1.1700 mark ahead of critical first-tier events. The first one was the European Central Bank (ECB) monetary policy decision. As widely anticipated, the central bank left interest rates unchanged.

After closing the day virtually unchanged on Wednesday, GBP/USD stays on the back foot early Thursday and trades in negative territory at around 1.3500. The pair faces a critical support level at 1.3470 as investors refrain from taking large positions ahead of August inflation data from the US.