Big Tech is ramping up AI investment, yet the Nasdaq 100 is falling as investors question soaring spending, valuations and future returns. Explore the key drivers behind the sell-off and what Australian investors should watch next.
Big Tech is spending more than ever on AI — why is the Nasdaq 100 falling?
Learn how to use support and resistance levels when trading CFDs in Australia. Draw zones, spot false breaks and turn a level into a trade plan with fixed risk.
How to Use Support and Resistance Levels When Trading CFDs in Australia

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Market News Today Australia: WTI Oil Plunges 9%, Gold Surges Above $4,000 as US Stocks Rally WTI oil plunges 9%, gold surges above US$4,000 and US stocks rally after the 2026 US midterms. Explore today's market news and key CFD trading levels. Copy
Author  Mitrade Team
19 hours ago
WTI oil plunges 9%, gold surges above US$4,000 and US stocks rally after the 2026 US midterms. Explore today's market news and key CFD trading levels. Copy
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S&P 500 Flashes a Signal Never Seen in 36 Years. What’s Next?The S&P 500 has just flashed a market signal never recorded in 36 years of data. It reveals something unusual happening beneath Wall Street’s biggest index.On November 2, the S&P 500 entered extreme o
Author  Beincrypto
20 hours ago
The S&P 500 has just flashed a market signal never recorded in 36 years of data. It reveals something unusual happening beneath Wall Street’s biggest index.On November 2, the S&P 500 entered extreme o
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Dow Jumps 1,500 Points on Democratic Win: Is Gridlock Priced In?The Dow Jones Industrial Average jumped about 1,500 points on Wednesday after Democrats won Congress. Investors are betting gridlock limits policy risk, but analysts warn it raises debt ceiling danger
Author  Beincrypto
20 hours ago
The Dow Jones Industrial Average jumped about 1,500 points on Wednesday after Democrats won Congress. Investors are betting gridlock limits policy risk, but analysts warn it raises debt ceiling danger
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SK Hynix Sheds Nearly 8% While Dow Jumps: What Is Seoul Pricing In?SK Hynix shares fell 7.74% to 1.288 million won on Thursday. Korean chip stocks sold off after US Democrats won control of Congress, reviving fears of tighter artificial intelligence (AI) rules.The Do
Author  Beincrypto
20 hours ago
SK Hynix shares fell 7.74% to 1.288 million won on Thursday. Korean chip stocks sold off after US Democrats won control of Congress, reviving fears of tighter artificial intelligence (AI) rules.The Do

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NVIDIA

Short Term

Short Term: the RSI is oversold

Our preference

The downside prevails as long as 204.02 is resistance, with 170.58 and 165.14 as targets

16 mins ago

Apple

Intraday

Intraday: Eye 339.48

Our preference

Despite the current recovery, 341.02 remains our main target as long as 348.65 is resistance

2 hours ago

NVIDIA

Intraday

Intraday: the RSI is oversold

Our preference

The downside prevails as long as 185.33 is resistance, with 178.81 and 177.47 as targets

2 hours ago

WTI

Intraday

Intraday: choppy.

Our preference

short positions below 97.00 with targets at 85.00 & 80.00 in extension.

2 hours ago

USD/JPY

Intraday

Intraday: Expect 157.55

Our preference

The downside prevails as long as 158.14 is resistance, with 157.55 and 157.43 as targets

2 hours ago

GBP/USD

Intraday

Intraday: Towards 1.3498

Our preference

The upside prevails as long as 1.3415 is support, with 1.3498 and 1.3515 as targets

2 hours ago

EUR/USD

Intraday

Intraday: Watch 1.1274

Our preference

The upside prevails as long as 1.1198 is support, with 1.1274 and 1.1286 as targets

2 hours ago

Gold

Intraday

Intraday: Aim at 4,160

Our preference

The upside prevails as long as 4,059 is support, with 4,160 and 4,180 as targets

2 hours ago

Silver

Intraday

Intraday: Towards 50.63

Our preference

The downside prevails as long as 53.20 is resistance, with 50.63 and 50.14 as targets

2 hours ago

EUR/USD

Intraday

Intraday: 1.1274 in sight

Our preference

The upside prevails as long as 1.1198 is support, with 1.1274 and 1.1286 as targets

2 hours ago
Data Source: Trading Central*
Data Source: Trading Central*

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