MarketRadar read: neutral

Daily Analysis for November 08, 2026. November 08, 2026 brings seven markets together on this page — gold, Bitcoin, Ethereum, the euro, the pound, the S&P 500 and Nasdaq — at the 03:06 UTC snapshot, with the resistance and support lines in play for each. Setups lead every block, followed by the levels traders are watching. The daily chart, swing structure and the 50-period average set each bias, and the setup line places price against its levels. Nothing here refreshes during the day; the next edition takes over tomorrow.

Key points

  • Gold holds neutral at 4,057.84, with 4,075.00 above and 4,050.00 below.
  • Bitcoin leans bearish at 75,734, between 76,000 resistance and 75,000 support.
  • Ether sits bearish at 2,236.00, with 2,250.00 overhead and 2,200.00 underneath.
  • The euro stays bearish at 1.11353, capped by 1.12000 with 1.11117 below.
  • The pound is the only bullish read at 1.33368, with 1.34000 above and 1.33000 below.
  • S&P 500 reads bearish at 7,376.86 on its Friday close, with 7,400.00 above and 7,350.00 below.
  • Nasdaq reads bearish at 26,989.99 on its Friday close, with 27,000.00 above and 26,900.00 below.

Market read

The biggest move in this edition is NAS100 (+1.35% today). Across the seven markets, 1 read bullish and 5 read bearish on the daily bias. Risk tone stays mixed: crypto rejections at resistance keep pressing, while gold and the pound hold their ranges. The December 8-9 Federal Reserve meeting is the next scheduled event, following the October 28 hold at 3.75%-4%. US indices rest on their Friday close while markets stay shut; the next trading-day edition brings fresh levels.

Gold (XAUUSD)

MarketRadar read: neutral. Price as of 03:06 UTC: 4,057.84 (-0.06% today). Setup: range-bound — price is contained between daily support and resistance. Resistance: 4,075.00, 4,077.87, 4,100.00. Support: 4,050.00, 4,025.00, 4,000.00.

Why it matters: Gold keeps trading its post-hold range while Treasury yields sit under 5% — see Treasury bonds rally as tech sell-off drags 10-year yield below 5%.

Bitcoin (BTCUSD)

The daily bias is bearish. At 03:06 UTC, the price was 75,734 (-0.03% today). Setup: rejection at resistance — price faded from resistance 76,000.

Resistance: 76,000, 77,000, 78,000. Support: 75,000, 74,000, 73,000.

Why it matters: Bitcoin turned away from resistance as risk appetite cooled after the Fed hold — see Fed meeting and Big Tech earnings put the $800 billion AI bet on trial for that backdrop.

Ethereum (ETHUSD)

On the daily chart, the bias is bearish. The 03:06 UTC snapshot puts it at 2,236.00 (-0.04% today). Setup: rejection at resistance — price faded from resistance 2,250.00. Resistance: 2,250.00, 2,300.00, 2,350.00. Support: 2,200.00, 2,170.00, 2,150.00.

Why it matters: Ether gave up ground at resistance while the risk-off mood lingered after the Fed's October hold — read Nasdaq selloff: AI spending fears trigger worst day since June for that backdrop.

Euro / US Dollar (EURUSD)

MarketRadar read: bearish. As of 03:06 UTC, it trades at 1.11353 (-0.00% today). Setup: range-bound — price is contained between daily support and resistance.

Resistance: 1.12000, 1.12262, 1.12709. Support: 1.11117, 1.11000, 1.10000.

Why it matters: The euro's 200-week average stays the line to watch after the Fed and ECB holds, with the France bond rout still running — see EUR/USD defends 200-week SMA as France bond rout collides with Fed-ECB week.

British Pound / US Dollar (GBPUSD)

The daily bias is bullish. The snapshot price at 03:06 UTC is 1.33368 (+0.03% today). Setup: range-bound — price is contained between daily support and resistance. Resistance: 1.34000, 1.35000, 1.35800. Support: 1.33000, 1.32747, 1.32000.

Why it matters: The pound's tone still tracks the dollar after the hold.

S&P 500 (US500)

The daily chart leans bearish. Price as of 03:06 UTC: 7,376.86 (+0.31% today). Setup: post-event volatility — day range 365.22 exceeds 1.5x daily ATR 106.28.

Resistance: 7,400.00, 7,450.00, 7,500.00. Support: 7,350.00, 7,300.00, 7,250.00.

Nasdaq 100 (NAS100)

MarketRadar read: bearish. At 03:06 UTC, the Friday close still stands at 26,989.99 (+1.35% today). Setup: rejection at support — price bounced from support 26,900.00. Resistance: 27,000.00, 27,100.00, 27,200.00. Support: 26,900.00, 26,800.00, 26,700.00.

How to read this page: start with the setup line in your market's block, then check whether price sits closer to resistance or support — the closer level is the one that matters first. When a level breaks, the next level in that block's list takes over the watch, not a fresh prediction.

A final note

This content is for educational purposes only and is not financial advice. Trading involves risk. Always do your own research before making any decision.