Quote from Nick on 3rd July 2026, 9:27 am

Technical analysis for 3rd July 2026

We head into Friday’s session with the tone across the equity indices still broadly constructive, but there are a couple of important shifts worth noting. The FTSE finished strongly yesterday and has pushed up to a fresh two-month high, helped by softer US labour data which eased rate-hike concerns and supported risk sentiment. The S&P 500 remains in an overall uptrend as well, although the move is starting to look a little more selective after the recent run higher, while the DAX continues to hold up well on pullbacks. Gold, meanwhile, has bounced with the weaker dollar, but for now I still see it as the more difficult market of the four to trust on the long side unless buyers can build on that recovery.

READ MORE