Sector OverviewToday's stock market heatmap reveals a diverse landscape with notable performances in the technology, automotive, and entertainment sectors. Leading the way, the software & infrastructure segment within the technology sector is outperforming, with Microsoft (MSFT) climbing 1.06% and Oracle (ORCL) surging by 2.19%. Semiconductor companies also show resilience with Nvidia (NVDA) up 0.85%, bolstering investor confidence in tech stocks.In the automotive sector, Tesla (TSLA) marks a positive turn with a gain of 0.93%, reflecting favorable sentiment towards electric vehicle producers. Meanwhile, consumer electronics giant Apple (AAPL) shows a slight decline of 0.45%, signaling potential caution among investors in consumer gadgets.Market Mood and TrendsThe overall market mood today is cautiously optimistic, underscored by momentum in key technology stocks and sectors linked to innovation. The tech sector's strong footing reflects confidence in future growth potential, although returns are somewhat tempered by profit-taking in semiconductors, as seen with Micron Technology (MU) dropping by 1.47%.Communication services face challenges, particularly with Google (GOOG) dropping 1.13% and Meta (META) down by 0.61%, indicating a reallocation of capital towards more promising ventures.Strategic RecommendationsTechnology and Innovation Focus: Investors might consider increasing their exposure to the surging tech sector, particularly infrastructure and software providers, which continue to display robust growth potential. Explore Auto Stocks: With Tesla showing gains, there is room to explore investments in automotive stocks leveraging the electric vehicle transition.Maintain Caution on Consumer Electronics: Although Apple is slightly down, it might present a buying opportunity if external market conditions stabilize. Investors should watch for earnings and product launch news.The market's nuanced dynamics today emphasize the importance of diversified positioning. By focusing on emerging market narratives such as technology innovation and sustainable transport, investors can align with sectors poised for medium to long-term growth. Keep an eye on sector-specific developments by visiting InvestingLive.com for continuous updates and analysis. ?? This article was written by Itai Levitan at investinglive.com.

S&P 500 futures are flat just ahead of the open. Here are some of the stocks on the move.The Big Movers (>5%)S&P Global (SPGI) -15.9%: The biggest mover on the board, and not in a good way. Weak profit and a disappointing full-year outlook are hammering the stock.Datadog (DDOG) +14%: A double-digit pop. They beat on EPS, revenue, and operating income. Traders are shrugging off the weak guidance.Spotify (SPOT) +11.9%: Matching Datadog's energy. Strong guidance combined with a beat on EPS, MAUs, and premium subs has this one singing.Moderate Movers (2% - 5%)Fiserv (FISV) -4.4%: The full-year profit guide midpoint came in shy of Wall St. expectations, putting pressure on the price.Coca-Cola (KO) -2.2%: Fizzling out slightly as revenue fell short of estimates.TSMC (TSM) +2.9%: Semi strength continues with January revenue jumping 37% y/y to $12.7bn.DuPont (DD) +3.0%: Solid beat on Q4 metrics and a rosy outlook for full-year sales and profit, aided by healthcare and restructuring.ON Semiconductor (ON) -2.4%: Taking a hit on mixed guidance for the next quarter.Other notable moversHasbro (HAS) +1.8%: A modest gain as top and bottom lines surpassed expectations.Quest Diagnostics (DGX) +0.1%: Steady green after beating EPS and revenue with a better-than-expected FY outlook.Amazon (AMZN) +0.8%: Roughly flat despite news of an AI content marketplace launch.Another notable story is a carve-out for tariffs on computer chips for the hyperscalers due to TSMC's commitments to invest in the USA. Yesterday we saw US stocks open lower and then steadily climb in what was ultimately a very strong day. Today's retail sales report was glum but it's been coupled with Treasury yields down 3-5 bps and that could provide somewhat of a tail wind. This article was written by Adam Button at investinglive.com.

Prior was 0.4%Export prices M/M 0.3% vs 0.1% expectedPrior 0.5%Import prices Y/Y 0.0% vs 0.1% priorExport prices Y/Y 3.1% vs 3.3% priorThe US Import and Export Price Indexes are monthly reports released by the Bureau of Labor Statistics (BLS) that track the change in prices for goods and services traded between the US and the rest of the world. This article was written by Giuseppe Dellamotta at investinglive.com.

Prior quarter was 0.8%Employment benefits 0.7% vs 0.8% prior quarterEmployment wages 0.7% vs 0.8% prior quarterThe easing in wage growth supports the rate cutting cycle. Powell has mentioned many times that he doesn't see inflationary pressure coming from wage growth given the easing in labour market conditions. The ECI is now back to pre-pandemic levels.The US Dollar has weakened across the board on this report and the softer Retail Sales data as the dovish bets increased slightly. The NFP report tomorrow could still give the greenback a boost but it needs to be a strong one. The Employment Cost Index (ECI) is a quarterly report from the Bureau of Labor Statistics (BLS) that measures the change in the total cost of labor for businesses. The Fed considers the ECI the "gold standard" for measuring wage inflation because it is more precise and comprehensive, the only drawback is that it's not as timely as the Average Hourly Earnings data. This article was written by Giuseppe Dellamotta at investinglive.com.

Prior was +0.6%Details:Ex-autos 0.0% vs +0.3% expectedPrior ex autos +0.5% (revised to +0.4%)Ex autos and gas 0.0% vs +0.4% prior(revised to +0.3%)Control group -0.1%% vs +0.4% expected Prior control +0.4%Retail sales y/y +2.1% vs +3.33% priorUSD/JPY was trading down 72 pips to 155.13 prior to this report and I wouldn't expect any improvement. This is a poor headline with soft details and negative revisions.Here are the details of the report, which shows some strength in clothing and building materials, which have been struggling.I tend to think that Nov-Dec sales are tough to read because there has been a secular shift to earlier Christmas shopping. That said, Black Friday came late this year so more of those sales should have bled into December than in the past few years. So overall, I see this is a bad look for the US consumer.Non-farm payrolls are due tomorrow.The Advance Monthly Retail Sales report, published by the U.S. Census Bureau, provides the earliest monthly snapshot of consumer spending across retail sectors. Released approximately two weeks after the end of each reference month at 8:30 a.m. ET, the report measures sales at retail and food service establishments, adjusted for seasonal variation and holiday and trading-day differences but not for price changes. The data serves as a critical indicator of consumer demand and economic health, tracking thirteen major retail categories from motor vehicles and electronics to food services and nonstore retailers. The report includes both headline retail sales and "retail control" sales, which exclude more volatile categories like autos, gasoline, and building materials, providing a cleaner measure of underlying consumer spending that feeds into GDP calculations.In September 2025, retail sales rose 0.2 percent month-over-month, revised down from an initial 0.4 percent, marking the smallest increase in four months. October saw sales flatten at zero percent growth, falling short of expectations for a 0.1 percent increase, though the decline was largely attributable to a 1.6 percent drop in auto sales as federal electric vehicle tax credits expired. November delivered a stronger rebound with sales rising 0.6 percent, exceeding expectations of 0.5 percent, as holiday shopping gained momentum. Core retail sales—excluding autos—rose 0.4 percent in November while control sales increased 0.3 percent, suggesting sustained consumer resilience despite elevated prices and labor market concerns. This article was written by Adam Button at investinglive.com.

Oil prices are stuck in a consolidation as US-Iran negotiations keep the market on edgeUS January NFIB small business optimism index 99.3 vs 99.8 expectedThe Nasdaq is stuck in a range as traders await key US data releases this weekNASDAQ Futures Technical Analysis Today: Key Price Levels That Will Decide DirectionECB policymaker de Guindos: Recent euro appreciation deserves attention but not dramaticTakaichi's victory triggered a "sell the fact" reaction in USDJPY; Eyes on the US NFP nextUSD/JPY continues to respect intervention risks, but for how long?What are the main events for today?FX option expiries for 10 February 10am New York cutUSD/JPY stays on the path to 160 after Japan election results - Goldman SachsJapan to submit BOJ board nominee to parliament as early as this month - reportThe precious metals bounce since Friday still lacks that little bit of spark for nowIt's been a very boring session amid lack of key economic releases and limited newsflow. The only highlights were the remarks from ECB's de Guindos and the US NFIB Small Business Optimism Index. ECB's de Guindos dismissed the recent surge in the EUR/USD exchange rate labelling it as "not dramatic at all". That's in contrast to last year's comments where he said that a rise above 1.20 would be problematic. Nonetheless, he added that they do not target the exchange rate but monitor it closely. In terms of monetary policy, he just repeated the same old stuff and how the ECB remains in a "good place" with interest rates and inflation.The US NFIB Small Business Optimism Index missed expectations slightly but the highlight of the report was the new NFIB Small Business Employment Index, which translates multiple jobs-related questions into one single number. Currently, the index tells a story of a balanced labor market, coming in about 1.5 points above its historical average (101.6 current vs 100 average).Given the lack of catalysts, we had rangebound price action across most major markets.In the American session, the highlights will be the weekly US ADP data, the US Retail Sales, the US Import/Export prices and the US Employment Cost Index. The weekly ADP was a market moving indicator only on the first releases (during the October shutdown), then it stopped being important. Besides, we already got the monthly ADP for January, so today's release won't tell us anything new.The US Retail Sales M/M is expected at 0.4% vs 0.6% prior, while the Ex-Autos M/M figure is seen at 0.3% vs 0.5% prior. The more important Retail Control measure is expected at 0.4% vs 0.4% prior. Note that this is the December release, so it's old data and won't change anything for the market pricing. Besides, Retail Sales is a volatile indicator and although it's a market-moving release, it rarely changes trends.The US Employment Cost Index for Q4 is expected at 0.8% vs 0.8% prior. This is the most comprehensive indicator on wage growth and the Fed pays attention to it. Unfortunately, it's not as timely as the average hourly earnings data. Lastly, we get the US Import and Export prices data but that's rarely a market moving release. Besides, it's December's data so the market will likely ignore it. This article was written by Giuseppe Dellamotta at investinglive.com.

For a company to successfully go public, it may seem essential to have solid finances, but in reality, what matters most is that market conditions are not just favorable, but bullish.While this did not appear to be an issue at the start of the year, confidence has started to fade as concerns have grown that tech giants like Amazon, Google, Microsoft, and Meta may be overspending on artificial intelligence after announcing plans to invest over $600 billion in AI this year.The problem is that cutting back on AI spending could hurt the U.S. economy.For context, according to estimates by the Federal Reserve Bank of St. Louis, AI-related categories — such as data processing equipment, software, R&D, and data centers — contributed approximately 1 percentage point to real GDP growth during the first three quarters of 2025. That represents roughly 40% of total economic growth during that period and even exceeds the contribution of IT investment during the dot-com bubble.Although there is still no precise estimate of AI's contribution in 2026, the Federal Reserve expects investment in AI to remain an important driver of growth as companies continue to build infrastructure and integrate AI into their operations. If that growth engine were to stall, overall economic data would likely deteriorate, which would, in turn, affect the S&P 500 and Nasdaq indices.It’s worth noting, in this sense, that some indicators — mainly the labor market — already suggest the U.S. economy is not in the best shape: job openings have fallen to their lowest levels since 2020, layoffs have increased, and initial jobless claims reached 231,000 at the end of January. On the bright side, if conditions worsen, the Fed may be forced to cut interest rates sooner than expected.Now, if the situation keeps getting worse and the Fed chooses to stand aside, market confidence could easily take a hit. The same would happen if companies that invest heavily in AI continued to deliver only mediocre results. In that case, what might start as a simple market correction could spiral into a full-blown bear market, and even high-profile plans like SpaceX or OpenAI IPOs might be put on hold.The takeaway for investors is that, although Goldman Sachs expects the number of IPOs this year to potentially double year over year to 120, if market conditions continue to worsen — whether due to doubts around AI, broader macroeconomic indicators, or the Fed’s actions — companies' plans could change sharply. This article was written by IL Contributors at investinglive.com.

XM has launched its biggest ever promotion which is giving clients the opportunity to earn a new deposit bonus each week of up to $8,750.Over the six-week promotion period, every client can earn up to $52,500 in total by reaching trading targets. The promotion runs from 10 February through 23 March 2026 and involves trading selected assets. The entry tier is 2 lots per week making it accessible to all traders as well as more active accounts. The bonuses can be used to increase margin availability, allowing clients to open larger positions while maintaining robust risk management. “We’ve created a promotion that rewards trading activity at every level,” said XM CMO Panos Lamprakos. “With low entry tiers and clear targets, this six-week promotion offers both smaller traders and experienced clients alike the opportunity to benefit. The bonus can boost client profitability when the markets move in their favour and protect their positions if the market reverses.” New clients who join during the promotion period can still claim their Welcome Deposit Bonus and take part in this promotion to claim additional Deposit Bonuses. With this latest initiative, XM continues to underline its client-centric approach by providing traders with meaningful incentives that support more flexible and confident trading. It follows a series of highly successful global promotions delivered in 2025 that celebrated the company’s 15-year anniversary, the launch of their unified trading environment and the introduction of XM AI. Traders can open an account with XM to join the promotion. #15YearsXMAbout XM XM is an internationally established trading and investment firm, with over 15 million clients, from over 190 countries. Armed with multiple international licenses, XM offers competitive services for retail traders, investors, and affiliates. With over 15 years of serving clients, XM has proven to be fair, trustworthy, and dependable. Traders can access over 1,400 instruments across all devices. The award-winning broker is known for its wide range of products, excellent support, and outstanding education. Risk Warning: Trading involves significant risks and may result in the loss of your invested capital. T&Cs apply Disclaimer: Promotions and bonuses are not available for accounts registered under XM’s EU-based entity. Specific regions may be excluded. The XM Group operates globally under various entities, so products, services, and features listed here vary between XM entities. For further information, please visit the XM website. This article was written by IL Contributors at investinglive.com.

FUNDAMENTAL OVERVIEWCrude oil continues to consolidate between key technical levels as traders await new developments from the US-Iran negotiations. Yesterday, Iran’s atomic energy chief said that Iran would be open to dilute its highly enriched uranium if the United States lifted all sanctions. The rangebound price action is clearly showing indecision in the market as the focus remains on the geopolitical risk. Nonetheless, the macro backdrop has also been supporting higher oil prices.In fact, OPEC+ continues to hold output steady, and demand is expected to improve as last year’s uncertainty fades. This should continue to support the oil market unless we get more output hikes or the market starts to bet on Fed’s rate hikes. CRUDE OIL TECHNICAL ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can see that crude oil is consolidating between the 66.43 and 62.35 levels as negotiations between US and Iran continue. There’s not much we can glean from this timeframe, so we need to zoom in to see some more details. CRUDE OIL TECHNICAL ANALYSIS – 4 HOUR TIMEFRAMEOn the 4 hour chart, we can see an upward trendline defining the bullish momentum. The recent price action has also formed what looks like a symmetrical triangle. This is a neutral pattern, and the price can break out on either side. The buyers will likely continue to lean on the upward trendline to keep pushing into new highs, while the sellers will keep on stepping in around the downward trendline to target a breakout to the downside.CRUDE OIL TECHNICAL ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, we can see more clearly the choppy price action with no clear levels where to lean on other than the trendlines. There’s not much we can add here as the buyers will continue to lean on the upward trendline and wait for a breakout to the upside, while the sellers will keep on stepping in around the downward trendline and increase the bearish bets on a downside breakout. The red lines define the average daily range for today.UPCOMING CATALYSTSToday we get the US December Retail Sales and the US Employment Cost Index data. Tomorrow, we have the US NFP report. On Thursday, we get the US Jobless Claims figures. On Friday, we conclude the week with the US CPI report. This article was written by Giuseppe Dellamotta at investinglive.com.

Prior 99.5Full report hereThe NFIB Small Business Optimism Index fell 0.2 points in January to 99.3 and remained above its 52-year average of 98. Of the 10 Optimism Index components, three increased and seven decreased. Expected real sales volume was the only component with substantial change, increasing by 6 points. The Uncertainty Index rose 7 points from December to 91. A rise in owners reporting uncertainty about whether it is a good time to expand their business was the primary driver of the rise in the Uncertainty Index.NFIB Chief Economist Bill Dunkelberg said: "While GDP is rising, small businesses are still waiting for noticeable economic growth, Despite this, more owners are reporting better business health and anticipating higher sales."One major highlight of this report is the new NFIB Small Business Employment Index, which translates multiple jobs-related questions into one single number. Currently, this index tells a story of a balanced labor market, coming in about 1.5 points above its historical average (101.6 current vs 100 average).The NFIB Small Business Optimism Index is a monthly economic indicator that measures the "pulse" of small businesses in the United States. Published by the National Federation of Independent Business (NFIB) since 1973, it is considered a leading indicator of the health of the U.S. economy because small businesses account for roughly 50% of the nation's private-sector workforce. Despite this, it's not a market moving report because of its volatile nature and the fact that it mostly correlates with the ISM PMIs. This article was written by Giuseppe Dellamotta at investinglive.com.

FUNDAMENTAL OVERVIEWThe Nasdaq continues to erase the losses experienced last week as we approach the key US data releases. It’s going to be a big week as we get the US NFP report tomorrow and the US CPI on Friday. The main risk is that hot data triggers a hawkish repricing which could weigh on the market. The best outcome for the bulls should be some benign jobs data coupled with a softer than expected inflation report. In fact, we should be in a “good news is good news” environment for the stock market amid the Fed’s dovish reaction function as long as inflation continues to slowly head towards target. A meaningful deterioration in the labour market at this point could trigger growth fears and lead to a deeper correction.NASDAQ TECHNICAL ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can see the Nasdaq extended the gains after bouncing near the November lows. The buyers are of course targeting new all-time highs, but we are now stuck in a clear range so we can expect the sellers to step in around the 26,390 resistance to position for a drop back into the 24,200 support. NASDAQ TECHNICAL ANALYSIS – 4 HOUR TIMEFRAMEOn the 4 hour chart, we can see a downward trendline defining the bearish momentum. The sellers will likely lean on the trendline with a defined risk above it to position for a drop back into the November lows. The buyers, on the other hand, will look for a break higher to increase the bullish bets into new all-time highs.NASDAQ TECHNICAL ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, we can see an upward trendline defining the bullish momentum on this timeframe. The buyers will likely continue to lean on the trendline to keep pushing into new highs, while the sellers will look for a break lower to pile in for a drop into the November lows. The red lines define the average daily range for today. UPCOMING CATALYSTSToday we get the US December Retail Sales and the US Employment Cost Index data. Tomorrow, we have the US NFP report. On Thursday, we get the US Jobless Claims figures. On Friday, we conclude the week with the US CPI report. This article was written by Giuseppe Dellamotta at investinglive.com.

NASDAQ 100 futures (NQ) are currently rotating near the 25,330–25,350 area, a zone that has acted as the market’s balance point so far today. While price has moved both higher and lower intraday, neither buyers nor sellers have been able to force lasting acceptance outside this range.This makes 25,365 on the upside and 25,310 on the downside the two most important price areas to watch for the rest of today’s session.These levels are not arbitrary. They reflect where the market has repeatedly tested, rejected, and re-tested value. That is why professional traders, algorithms, and institutions are focused on them. But before we do that, let's jump into the broader technical analysis view for today's Nasdaq: Today’s Nasdaq Market Context: Balance Before DirectionMarket dynamics for February 10, 2026, are being shaped by a landmark US-India trade deal targeting $500 billion in purchases, which promises to slash tariffs on American energy, technology, and agricultural exports. This geopolitical shift coincides with a significant move in Asian markets, where China’s onshore yuan (CNY) has surged to its highest level since May 2023 as Beijing reportedly encourages banks to reduce U.S. Treasury exposure. While the day's economic calendar features December U.S. Retail Sales and the Employment Cost Index, these are largely viewed as lagging indicators as traders brace for tomorrow's Non-Farm Payrolls report.In the commodities and digital asset space, precious metals like gold and silver have managed a tentative bounce since Friday, though they currently lack the "spark" to overcome key resistance levels near $5,100 and $89.25, respectively. Meanwhile, Bitcoin technical analysis shows the cryptocurrency holding above critical VWAP support zones following a 21% surge. Traders are closely monitoring the $67,750 level to determine if this rebound marks the start of a genuine base-building phase or a temporary counter-trend move before further volatility.So let's see how all of the above contributed to today's Nasdaq futures so far. At the time of analysis, NASDAQ futures remain in a balanced market environment:Price is rotating around VWAPValue areas from recent sessions overlap heavilyMoves beyond the range have struggled to holdIn practical terms, this tells us the market is still negotiating value, not trending. In this type of environment, price movement alone is not enough. What matters is whether the market accepts higher or lower prices after testing them.The tradeCompass Levels That Matter TodayBullish Acceptance Zone for Nasdaq Futures TodayAbove 25,365A more constructive bullish outlook only develops if:Price moves above 25,365It holds above that area instead of quickly falling backBuying pressure shows consistency rather than brief spikesIf the market accepts above this zone, it signals that participants are comfortable doing business at higher prices. That is when upside targets later in the session become more realistic.Without acceptance, upside moves are more likely to be fades back toward VWAP.Bearish Acceptance Zone for Nasdaq Futures TodayBelow 25,310A bearish scenario gains traction only if:Price moves below 25,310It remains accepted below that levelSelling pressure begins to dominate rather than fadeIf price dips below this area but quickly returns, it suggests sellers are not in control and downside risk is limited.Neutral and Rotational Zone for Nasdaq Futures TodayBetween 25,310 and 25,365As long as price remains inside this range:Expect two-sided tradeBreakouts have a higher failure riskPatience often offers better risk management than activityThis is the zone where many traders get chopped up by reacting to every small move. Professionals typically wait for confirmation outside of it.Delta Insight Without the NoiseDelta, which reflects the balance between aggressive buying and selling, adds important context to today’s price action.So far:Buying pressure has appeared, but has not steadily expandedSelling pressure has also appeared, but without follow-throughNeither side has been able to impose controlThis mixed delta behavior supports the broader message from price action. The market is active, but not yet decisive.When delta begins to progress consistently in one direction after price leaves the value area, that is when conviction usually follows.Why These Nasdaq Futures Levels Are Different From Random NumbersAnyone can say: “If NASDAQ goes above 25,500 it is bullish. If it goes below, it is bearish.”That statement sounds confident, but it lacks context.The levels discussed here are different because they are based on:Where value was establishedWhere acceptance previously failedWhere professional participants are most likely to reactThis is why the tradeCompass framework focuses on behavior around key zones, not single price prints.How Nasdaq Traders and Investors Can Use This Map TodayThis analysis is not a forecast. It is a decision-support framework.If price accepts above 25,365, traders can gradually lean more bullishIf price accepts below 25,310, traders can become more defensive or bearishIf price stays between those levels, caution and patience remain appropriateUsed alongside your own tools, timeframes, and risk management, this approach helps reduce emotional decisions and improves alignment with how professional markets actually function.NASDAQ futures are at an inflection point today.The next meaningful move is likely to come after value acceptance, not during the current back-and-forth. Watching how price behaves around 25,365 and 25,310 will provide far more insight than reacting to every tick in between.This tradeCompass-style analysis offers a professional map of the market, not a promise of direction.Trade at your own risk.===============Live Trader Update - 05:12 Tuesday, 10 February 2026 Eastern Time (ET)NASDAQ 100 futures attempted to extend higher earlier but failed to secure acceptance above the 25,380-25,390 area. After that upside test stalled, price rotated back into the prior value zone and is now trading again around 25,350-25,360, where recent balance has formed.From a market structure perspective, this shifts the tone back to neutral. The earlier bullish repricing attempt lost momentum, not due to aggressive selling, but due to a lack of follow-through and commitment at higher prices.What matters now:Bullish continuation: Only reactivates if price regains and holds above 25,380+, with value building higher.Neutral / chop: Likely as long as price remains between ~25,310 and ~25,380.Bearish risk: Increases only if price accepts below ~25,310, which has not occurred.Until acceptance appears on either side, this remains a decision zone, not a trending environment. Patience and selective positioning remain key.This is decision support, not a prediction. Trade at your own risk.--------------------------------------------------Live NASDAQ Market Update - 08:33 Tuesday, 10 February 2026 Eastern Time (ET)NASDAQ 100 futures are showing early signs of a downside value shift after failing to sustain higher prices earlier in the session. The prior upside attempt above the 25,360–25,370 area did not gain acceptance, and price has since rotated back through VWAP, with activity now concentrating closer to 25,335–25,340.From a structural perspective, this marks a change in tone. What began as a neutral balance has started to tilt lower, as selling pressure has expanded and upside follow-through has weakened on bounce attempts.What matters now:Primary risk zone: Below ~25,340, downside acceptance risk increases.Downside focus: 25,310–25,315 is the next key area where the market will decide whether lower prices are accepted.Bullish recovery: Requires a reclaim and hold above 25,360–25,370 to neutralize the current pressure.Until acceptance becomes clear, this remains a transition phase, not a confirmed trend. Moves should be evaluated by how price behaves around these levels rather than by speed alone.This is decision support, not a prediction. Trade at your own risk.------------------------------------------Live NASDAQ Futures Market Update – 13:52Tuesday, 10 February 2026 Eastern Time (ET)NASDAQ 100 futures are currently trading near 25,286, extending the downside move after failing to regain key resistance areas earlier in the session. The market remains under pressure, with price continuing to trade well below today’s developing VWAP, reinforcing the bearish intraday structure.From a technical and order flow perspective, the focus now shifts to a series of untested, high-importance reference levels below, while a dense resistance cluster has formed overhead.Key resistance cluster above (bullish barrier)The most important resistance zone sits between 25,355 and 25,370, where multiple professional reference points align:Today’s developing VWAP: ~25,355Yesterday’s Value Area High: ~25,361Today’s developing Point of Control: ~25,370This triple-level cluster represents a major acceptance hurdle for any bullish recovery attempt. As long as price remains below this zone, upside moves should be treated as corrective bounces, not trend reversals. Bulls would need to reclaim and hold above this area to meaningfully neutralize the current pressure.Key downside levels in focus (all untested since yesterday)With price now below today’s value and VWAP, attention turns to naked levels from the prior session, which often act as natural magnets during continuation moves:Yesterday’s VWAP: ~25,247 This level sits below today’s low and is the nearest downside reference. A test here would be technically normal in the current context.Yesterday’s Point of Control: ~25,120 A deeper level where heavy prior participation occurred. Acceptance near this area would suggest the market is comfortable trading lower.Yesterday’s Value Area Low: ~25,018 The lower boundary of prior value and a more extreme downside reference if selling pressure accelerates.The fact that all three levels are naked increases their relevance as potential downside targets if current acceptance continues.Nasdaq Futures market structure and acceptance readRecent price behavior shows that downside moves are holding, while bounce attempts lack the ability to reclaim prior value areas. This suggests the market is accepting lower prices rather than simply rotating, which keeps downside risk elevated into the remainder of the session.That said, acceptance remains the key concept. The market will continue to provide information based on how it behaves at each of these levels, not just whether it touches them.Summary for Nasdaq traders and investors nowCurrent price: ~25,286Primary resistance: 25,355–25,370Nearest downside focus: 25,247 (yesterday’s VWAP)Deeper downside levels: 25,120 (POC), 25,018 (VAL)Bias: Bearish while below reclaimed valueKey concept: Watch for acceptance or rejection at each level, not just price speedThis framework provides a professional map of where decisions are most likely to occur. It is decision support, not a prediction.Trade at your own risk. This article was written by Itai Levitan at investinglive.com.

Euro appreciation deserves attention but I do not see it as dramatic at allWe do not target the exchange rate but we monitor it closelyThere was a brief uptick in EUR/USD exchange rate recentlyBut we are now back to the range around 1.16 to 1.18, which is fully consistent with the assumptions included in our projectionsThere have been no surprises in that regard but we remain attentive to the situationGeopolitical situation is better now than it was three weeks agoBut volatility remains very high, hard to know what could happen in another three weeksInflation data to start the year has been in line with our expectationsOverall trend is in line with what we had projectedWe remain data-dependent and approach each meeting with open mindsLagarde mentioning economy being in a "good place" has to be put into contextI would prefer saying the economy is more resilient and inflation is converging to our targetThe phrasing "good place" simply refers to the economy and inflation moving in the right directionBut markets understand well our policy stance and what we are doing, our communication is clearFull transcriptThere's a lot of big and heavy words in there but the gist of it is that the ECB remains sidelined on the policy front at the moment, and policymakers are quite comfortable with how markets are interpreting their stance and communication. That is pretty much the key takeaway from the larger chunk of his remarks above.However, the more interesting bit is the one on the exchange rate. He specifically outlines that EUR/USD has been hovering in between the 1.16 to 1.18 range "for a long period". And during the interview last Friday, the currency pair was still keeping just below the 1.18 mark - in what he defines as "back to the range which is fully consistent" with their projections.He was also detailed enough to mention "a brief uptick", which is likely what we saw at the end of January where EUR/USD moved to 1.20. As a reminder, that was a level that de Guindos had mentioned before that is "complicated" for the central bank. So, this is consistent with that view.This week, we are seeing EUR/USD climb back up to 1.19 and is holding just a little above that today. That will definitely keep the ECB on alert, with more verbal interventions to set in if we do see the currency pair extend higher towards 1.20. So, be on the look out for that. This article was written by Justin Low at investinglive.com.

FUNDAMENTAL OVERVIEWUSD:The US Dollar weakened across the board yesterday despite the lack of catalysts. Most analysts blamed the report saying that China urged its banks to cut their exposure to US Treasuries. In such a case you would expect a negative reaction in bonds, but they finished the day higher. We did see a spike in the greenback following the report, but the real weakness started much later, so I wouldn’t say that was the catalyst. This is just the continuation of the pullback triggered by some dovish repricing on last week’s stock market selloff and weak US Job Openings. Given the lack of catalysts, the market just kept on moving by inertia. Moreover, there might be noise ahead of the key US economic reports in the next days. The focus is on the US NFP report tomorrow as that will likely be pivotal for the US Dollar. In fact, the market is pricing 58 bps of easing by the Fed this year, so there’s a high risk of a hawkish repricing in case the data comes out strong. In such a scenario, we will likely see the greenback rallying across the board.On the other hand, a weak report should strengthen the case for more Fed easing and might even see traders bringing forward rate cut bets as some Fed members expressed scepticism about labour market stabilisation. In that case, the US Dollar will likely come under renewed pressure on dovish Fed bets.JPY:On the JPY side, nothing has changed other than PM Takaichi winning the lower house election as widely expected. We saw a classic “sell the fact” trade on the news with the JPY rallying across the board. In terms of monetary policy, the BoJ held interest rates steady as expected at the last policy meeting and upgraded slightly growth and inflation forecasts due to the expansionary fiscal policies. Governor Ueda didn’t offer anything new in terms of forward guidance as he just repeated that they will keep raising rates if the economic outlook is realised. He also added that April price behaviour will be a factor to mull over a rate hike. This suggests that April is when they expect to deliver another rate hike if the data supports such a move. The data since the meeting hasn’t been supportive for a rate hike though as the Tokyo CPI eased further.USDJPY TECHNICAL ANALYSIS – DAILY TIMEFRAMEOn the daily chart, we can see that USDJPY dropped yesterday as we got the classic “sell the fact” trade on the widely expected Takaichi’s victory. The price is now trading right in the middle of the intervention level around the 159.00 and the major trendline. There’s not much we can glean from this timeframe, so we need to zoom in to see some more details.USDJPY TECHNICAL ANALYSIS – 4 HOUR TIMEFRAMEOn the 4 hour chart, we can see an upward trendline defining the bullish momentum. The buyers will likely step in around the trendline with a defined risk below it to position for a rally into the 159.00 handle. The sellers, on the other hand, will look for a break lower to pile in for a drop into the major trendline.USDJPY TECHNICAL ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, we can see a minor downward trendline defining the bearish momentum on this timeframe. The sellers will likely lean on the trendline with a defined risk above it to keep pushing into new lows. The buyers, on the other hand, will look for a break higher to increase the bullish bets into the 159.00 level next. The red lines define the average daily range for today. UPCOMING CATALYSTSToday we get the US December Retail Sales and the US Employment Cost Index data. Tomorrow, we have the US NFP report. On Thursday, we get the US Jobless Claims figures. On Friday, we conclude the week with the US CPI report. This article was written by Giuseppe Dellamotta at investinglive.com.

IC Markets, a leading global forex and CFD provider, will participate in iFX Expo Dubai 2026 as an Elite Sponsor, reinforcing its continued investment in technology, partnerships, and long-term growth across global markets. With nearly two decades of experience serving traders worldwide, IC Markets will use the event to highlight its institutional-grade infrastructure, deep liquidity offering, and expanding suite of trading solutions designed to support both retail and professional market participants. As part of the official agenda, Jason Hughes, General Manager at IC Markets, will speak on “Margin Optimisation: Leverage That Works for You,” a session focused on responsible leverage models, capital efficiency, and risk-aligned margin methodologies that support sustainable trading environments. Throughout the event, IC Markets will be available at Booth 3, where the team will meet with partners and industry peers to discuss platform technology, integrations, and evolving market requirements. Commenting on the company’s participation, Tony Philip, Chief Marketing Officer of IC Markets, said: “Our presence at iFX Expo Dubai reflects IC Markets’ ongoing commitment to building robust, transparent trading environments supported by institutional-grade technology. We look forward to engaging with partners and contributing to meaningful conversations around the future of global trading.”About IC MarketsFounded in 2007, IC Markets is a globally recognised CFD broker offering access to FX, indices, commodities, stocks, and cryptocurrencies. Known for its institutional-grade infrastructure and trader-focused approach, IC Markets serves clients across multiple regions worldwide. Find out more about IC Markets icmarkets.com/global This article was written by IL Contributors at investinglive.com.

Japan prime minister Takaichi solidified her standing in the snap election over the weekend, with her ruling LDP party claiming a landslide victory and securing a 'supermajority' mandate. That allows her to proceed with her fiscal expansion, spreading her dovish wings in pushing for a suspension of food sales tax for two years.The Takaichi trade has been defined by one with a weakening yen currency but so far this week, the reaction has been opposite that. So, what gives?Well, USD/JPY did open with a slight gap higher on Monday to nudge above 157.50 before Tokyo officials quickly stepped in with verbal intervention. The continued threats of actual intervention is what is limiting any upside, with a weaker dollar yesterday not helping.After the 'rate checks' in previous weeks, that is keeping traders on alert that actual intervention is definitely the next step now. And with the snap election results, it feels like a question of when and not if actual intervention is coming.So far, USD/JPY buyers are not really pushing the limits of Tokyo as seen in the past week or so. The pair is down 0.2% again today to 155.50 levels now, keeping just below its 200-hour moving average (blue line). As such, that reaffirms a more bearish near-term bias for now. That so long as the pair keeps below the key near-term level, seen at 155.62 currently.But so long as the pair continues to hold above the 155.00 mark in general, I'd say that increases the odds of actual intervention taking place. Tokyo officials know very well that they might be forced to draw a line closer to 160.00 and that certainly seems to be a popular view among market analysts at the moment.So even as we see USD/JPY price action continue to "respect" intervention risks this week, it doesn't mean that we are bound for a lower trend in the currency pair.There is no doubt that actual intervention will knock down the pair hard as we have seen with episodes in the past. But similarly, the pair has always shown that it can recover back amid a lack of shifts in the fundamental picture. And in this particular instance, that seems to be how things are playing out once again.As a reminder, USD/JPY dipped lower from 160.00 to near 140.00 after the intervention back in July 2024. However, the pair quickly recovered to move back to 159.00 in a period of just six months. This article was written by Justin Low at investinglive.com.

EUROPEAN SESSIONIn the European session, we don't have anything on the agenda. The markets might just chop around amid lack of catalysts. There's a lot of noise at the moment as we approach the US NFP report tomorrow, so be careful out there. AMERICAN SESSIONIn the American session, the highlights will be the weekly US ADP data, the US Retail Sales, the US Import/Export prices and the US Employment Cost Index. The weekly ADP was a market moving indicator only on the first releases, then it stopped being important. Besides, we already got the monthly ADP for January, so today's release won't tell us anything new.The US Retail Sales M/M is expected at 0.4% vs 0.6% prior, while the Ex-Autos M/M figure is seen at 0.3% vs 0.5% prior. The more important Retail Control measure is expected at 0.4% vs 0.4% prior. Note that this is the December release, so it's old data and won't change anything for the market pricing. Besides, Retail Sales is a volatile indicator and although it's a market-moving release, it rarely changes trends.The US Employment Cost Index for Q4 is expected at 0.8% vs 0.8% prior. This is the most comprehensive indicator on wage growth and the Fed pays attention to it. Unfortunately, it's not as timely as the average hourly earnings data in the employment report. Lastly, we get the US Import and Export prices data but that's rarely a market moving release. Besides, it's December's data so the market will ignore it.CENTRAL BANK SPEAKERS17:00 GMT/12:00 ET - Fed's Hammack (hawkish - voter)18:00 GMT/13:00 ET - Fed's Logan (hawkish - voter) This article was written by Giuseppe Dellamotta at investinglive.com.

There are just a couple to take note of on the day, as highlighted in bold below.The first one is for EUR/USD at the 1.1910 level. The expiries are not ones to tie to any technical significance, so the impact might be a bit more limited. The dollar was weaker yesterday and we're now seeing the currency pair nudge back above the 1.1900 mark. However, the expiries could keep a lid on any price extensions in European morning trade. That especially since the focus and attention in markets will turn towards a hectic 72 hours of key US economic data releases.For some context:So, that will be the bigger centre of interest for market players over the coming days. And in turn, the data will be of more impact to price action and market movements as such.The other notable one on the expiries board is for AUD/USD at the 0.7100 level. Similarly, it's not one that ties to any technical significance but there is seemingly a layer of offers lined up closer to the figure level. That stopped the upside push two weeks ago and also halted the momentum again in overnight trading yesterday.That is keeping the upside momentum in the currency pair in check, with the expiries likely to add a secondary layer to limiting any gains in the session ahead. That again, until we get to US trading where the focus switches to the retail sales data for today.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know! This article was written by Justin Low at investinglive.com.

The Japan snap election result was expected, with Takaichi and the ruling LDP party picking up a landslide victory. Takaichi has more than solidified her mandate and power positioning, with a 'supermajority' also being achieved.That being said, the reaction in the Japanese yen currency hasn't quite reflected that for now.The yen is sitting higher in the past two days, with USD/JPY even down 0.4% to 155.30 currently. The drive lower in the past few sessions is largely tied to verbal intervention from Tokyo officials but also heightened risks of actual intervention. That especially since we've already seen 'rate checks' in the weeks before.So, what's next for the currency pair? Goldman Sachs offers their view, arguing for a continued push higher in USD/JPY. However, they also warn of the possibility that any move up might be short-lived as the Japanese finance ministry will feel more compelled to respond."The ruling coalition has reportedly achieved a “landslide” victory in Japan’s snap lower house election, clearly signaling wide support for the direction of the new administration, including its focus on greater fiscal spending. While some initial polls had flagged this possibility, we view this as slightly stronger than expectations.""We expect implied volatility to pick up again, with USD/JPY moving towards and through 160 as markets digest the full impact of the election results and the mandate for PM Sanae Takaichi. However, the move may be short-lived or even short-circuited if authorities push back through rate checks or actual intervention."They're not alone with this call as ANZ is out offering the same outlook for USD/JPY after the snap election result:"Markets are pricing in over 50 bps of BOJ rate hikes by the end of 2026. We think this is overdone, with April being the final 25 bps hike of the cycle in our view. Further inflation misses and cautious BOJ rhetoric may see this pricing reverse and likely drag the JPY lower.""Overall, we see USD/JPY continuing its march higher in the absence of any new US policy volatility. We continue to see risks of a move over 160 in the near-term." This article was written by Justin Low at investinglive.com.

For some context, the BOJ board nominee here will be one to replace Asahi Noguchi - whose term will end on 31 March. Noguchi was a former economics professor at Senshu University and joined to BOJ board in April 2021. He has always been one of the more dovish members, advocating for a more "measured" approach in normalising policy.Anyway, the report notes that the Japanese government is set to submit their choice of nominee as early as 25 February. That in order to fill the seat that will be vacated by Noguchi at the end of March. As a reminder, the nominee must be approved by both the lower house and upper house of the National Diet.It is also reported that Noguchi's successor is expected to be part of a broader group of nominees that are also in contention for senior positions at several government-affiliated institutions. So, that might speak to the choice of nominees that will be on the shortlist.If Takaichi's new economic advisory panel is any guide, then the nominee is likely to be another "yes man". And that means preserving the more dovish angle at the BOJ, considering the government wants the central bank to keep interest rates on the lower side in order to push their fiscal agenda.Besides that, the report also says that the government might also include another nominee to replace Junko Nakagawa - whose term will expire on 30 June. Nakagawa was formerly the chair of Nomura Asset Management and joined the BOJ board in June 2021.Nakagawa certainly isn't as dovish as Noguchi in her policy stance but she is a reliable vote for the broader consensus of the BOJ. This article was written by Justin Low at investinglive.com.