(SPX 500 ) S&P striving for another record
 

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The (SPX 500 ) S&P holds onto gains as big tech and AI stocks continue to benefit from investor sentiment. The index is grinding above the psychological 6900 level, a major crossroads: a breakout could signal a bullish continuation, putting the bull market back on track after the recent pullback. In the short term, 6840 is the closest support, and 6720 at the base of the recent bullish breakout is an important level for trend followers.
 

EURUSD seeks support
 

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The euro remained under pressure as prices turned lower again. The pair saw a brief lift at the start of the year but has continued the bearish rally from the end of December. Profit-taking by short-term buyers has prevented the pair from regaining a foothold above 1.1700, the first resistance level. As the RSI dives into oversold territory, 1.1650 is a key level, and its breach could trigger a deeper correction below 1.1600.
 

USDJPY tests resistance
 

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The yen tries to reclaim some lost ground after the pair took a breather from the latest rally. Price action grinds higher after hitting the 157.00 level. A break above the said level will put bears on the defensive. 156.20 is the immediate support, and its breach could expose 155.00, which is critical in maintaining any bullish bias. On the upside, after 157.00, 157.70 at the latest peak is the first level to lift, easing pressure and driving the pair to fresh highs.

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