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Morning Insight — June 25, 2026

CHART DISTRICT

DAILY PRE-MARKET BRIEF · June 25, 2026

Generated 2026-06-25T12:00:06Z · 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: 7476.5   CHG: +0.65%   EMA20: 7464.4072   RSI: 52.8   ATR: 132.7728   Bias: ▲ BULLISH
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: 30133.25   CHG: +2.1%   EMA20: 29785.3386   RSI: 55.2   ATR: 945.225   Bias: ▲ BULLISH
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: 52371.0   CHG: +0.18%   EMA20: 51398.5152   RSI: 65.0   ATR: 755.3571   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: 4000.7   CHG: +0.26%   EMA20: 4269.065   RSI: 31.2   ATR: 111.9642   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: 1.134   CHG: -0.35%   EMA20: 1.1523   RSI: 23.5   ATR: 0.0068   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: 1.3154   CHG: -0.35%   EMA20: 1.3331   RSI: 32.0   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: 161.867   CHG: +0.17%   EMA20: 160.5158   RSI: 71.9   ATR: 0.4786   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: 0.6891   CHG: -0.36%   EMA20: 0.704   RSI: 27.0   ATR: 0.0052   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: 1.4241   CHG: +0.22%   EMA20: 1.4018   RSI: 84.8   ATR: 0.0063   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: 101.731   CHG: +0.12%   EMA20: 100.222   RSI: 78.4   ATR: 0.5152   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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