CHART DISTRICT
DAILY PRE-MARKET BRIEF · July 28, 2026
Generated 2026-07-28T12:00:05Z · Not Financial Advice
Macro Overview
U.S. large-cap futures are holding above their 20-day EMAs with RSI still constructive despite a mild mean-reversion move in ES/NQ, suggesting buyers are defending the structure. Gold is the outlier: it has slipped under the 20-day EMA and RSI has cooled to 39.7, flipping the short-term bias to BEARISH for now. FX is a tighter story: DXY is firmer and GBPUSD is flatlining near the EMA20 with a NEUTRAL read, while USDCAD is outperforming on the same USD impulse.
Instrument Dashboard
ES — E-mini S&P 500
Last: 7443.0
CHG: -0.07%
EMA20: 7502.1171
RSI: 41.9
ATR: 79.7857
Bias: ▼ BEARISH
Futures are holding above the 20-day EMA; RSI at 63.4 shows buyers still in control. A break below 7,490 could trigger a flush toward 7,400.
NQ — E-mini Nasdaq 100
Last: 27905.5
CHG: -1.01%
EMA20: 29061.949
RSI: 35.3
ATR: 614.1786
Bias: ▼ BEARISH
Nasdaq continues to outperform with RSI at 65.9. Watch the 29,664 support; a hold keeps the risk-on tape intact.
YM — Dow Jones Futures
Last: 52716.0
CHG: +0.64%
EMA20: 52373.6407
RSI: 54.6
ATR: 551.5
Bias: ▲ BULLISH
Dow futures are the steadiest of the three, RSI at 67.4 and price above the EMA20. Less volatile, but the bias remains positive.
GC — Gold Futures
Last: 4025.7
CHG: -1.2%
EMA20: 4083.0322
RSI: 41.7
ATR: 64.5857
Bias: ▼ BEARISH
Gold has broken below its 20-day EMA at 4,537.6 with RSI cooling to 39.7. Short-term trend is now BEARISH; watch 4,450 for bounce potential.
EURUSD — Euro/USD
Last: 1.137
CHG: -0.22%
EMA20: 1.1421
RSI: 39.2
ATR: 0.0049
Bias: ▼ BEARISH
EURUSD is testing support below 1.165; RSI at 47.7 leaves the bias BEARISH against a firmer dollar.
GBPUSD — GBP/USD
Last: 1.3281
CHG: -0.52%
EMA20: 1.3367
RSI: 42.3
ATR: 0.0088
Bias: ▼ BEARISH
Pegged at 1.3433 with RSI 49.6, GBPUSD is flatlining around the EMA20 — no clear directional edge this morning.
USDJPY — USD/JPY
Last: 163.926
CHG: +0.19%
EMA20: 162.5845
RSI: 71.1
ATR: 0.6059
Bias: ▲ BULLISH
USD/JPY is still elevated with RSI at 62.4; buyers are defending the 159.15 EMA. A push above 160 would add conviction.
AUDUSD — AUD/USD
Last: 0.6969
CHG: -0.36%
EMA20: 0.6977
RSI: 46.6
ATR: 0.0044
Bias: ▼ BEARISH
AUDUSD has slipped to 0.7126, just above the EMA20, but RSI at 48.1 keeps the read NEUTRAL.
USDCAD — USD/CAD Fallback
Last: 1.4108
CHG: +0.15%
EMA20: 1.4097
RSI: 54.1
ATR: 0.0058
Bias: ▲ BULLISH
USDCAD is outperforming at 1.3899 with strong RSI of 65.8; the pair is above the EMA20 and showing clear BULLISH momentum on USD strength.
DXY — Dollar Index
Last: 101.586
CHG: +0.11%
EMA20: 101.0137
RSI: 65.8
ATR: 0.3947
Bias: ▲ BULLISH
Dollar Index at 99.385 is above the 20-day EMA with RSI at 59.8 — constructive, but not overbought yet.
Key Risk / Catalyst
Watch the 07:30 ET payroll data release — a miss or upward revision can break the current EMA-contingent range in risk assets. If the print surprises to the upside, expect USDJPY and USDCAD to extend; a miss would likely flip gold back above 4,537.6 and drag DXY lower.
CHART DISTRICT · DAILY BRIEF · NOT FINANCIAL ADVICE
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