S&P 500 Forecast: Eye the 7,000 Level – 08 January 2026
The S&P 500 remains resilient above support at 6800, with a potential breakout toward 7,000 hinging on Friday’s key NFP report.

The S&P 500 remains resilient above support at 6800, with a potential breakout toward 7,000 hinging on Friday’s key NFP report.
Tesla stock consolidates between key technical levels, with bullish potential emerging if price breaks above $446 ahead of earnings and NFP data.
The British pound consolidates against the US dollar as traders await the NFP report, with key support at 1.3367 and resistance at 1.36 shaping near-term direction.
EUR/USD trades lower in a tight range as markets await US NFP data, with price action driven more by Fed expectations than eurozone fundamentals.
Silver remains rangebound between $70 and $82 as traders await Friday’s NFP data, with long-term bullish momentum fueled by industrial and AI-driven demand.
EUR/USD’s downside momentum is gathering pace, opening the door to a deeper near-term pullback as markets position ahead of December’s all-important US Nonfarm Payrolls report.