Part 1: Previous Session Review

Yesterday’s trading was active but not especially clean. We logged four trades across NAS100, BTCUSD, XAUUSD, and ETHUSD, with the reported breakdown showing one winner and two losing trades. Net pips finished positive at 947.9, but the path was uneven and the result should not be read as a smooth session.

The main takeaway is that volatility remained tradable, but selective execution mattered. Index and crypto movement offered range, while gold continued to react sharply around dollar expectations. After a session like this, the priority is not to chase the previous move, but to check whether today’s liquidity confirms continuation or forces a mean reversion.

Part 2: Today’s Outlook & Watchlist

The key event today is the USD ISM Services PMI at 10:00 UTC. This is high-impact red news because services activity remains central to the inflation and growth debate. A stronger print could support the dollar and pressure rate-sensitive assets, while a softer number may encourage risk appetite and weaken USD momentum.

Our main watchlist is NAS100 and XAUUSD. For NAS100, the first reaction will likely come through yields and dollar pricing: a hot PMI can weigh on growth stocks, while a miss may help buyers defend higher levels. For XAUUSD, the setup is more direct. Gold will be sensitive to any shift in real-yield expectations, so spreads and execution quality matter around the release.

Plan for wider candles and possible false breaks into 10:00 UTC. We prefer waiting for the first impulse to settle before taking directional exposure. If price breaks a key level but cannot hold it after the data, that failed move may offer the cleaner trade than the initial headline reaction.