U.S. markets were mixed with the tech-heavy Nasdaq gaining ground on strong Nvidia earnings, while the Dow Jones fell due to rising Treasury yields. The European and Australian dollar rose in anticipation of potential interest rate cuts from their central banks, while the Japanese yen remained flat despite mixed inflation data.

British Pound (GBP):

• Bullish bias if US consumer confidence data is weak.
• Possible buy signals around 1.2790 and 1.2761 with targets of 1.2833 and 1.2853.
• Sell signals if US data is strong, with targets of 1.2708 and 1.2677.
• COT report indicates increased long positions on GBP.

Japanese Yen (JPY):

• Bearish bias if US consumer confidence data is weak.
• Possible buy signals for USD/JPY around 157.01 with a target of 157.64.
• Sell signals USD/JPY below 156.64 with a target of 156.15.
• BoJ may tighten policy in the second half of 2024.

Australian Dollar (AUD):

• Bullish momentum on AUD.
• Next target level is 0.6690.Support levels at 0.6643 and 0.6578.

New Zealand Dollar (NZD):

• Bullish outlook due to delayed rate cut by RBNZ.
• Possible targets at 0.6210, 0.6250, and resistance zone of 0.6360/0.6400

Silver:

• Potential for a weakening correction after reaching overbought levels.
• Support levels at 30,185.
• Resistance levels at 31,800 and 32,154.

Bitcoin (BTC):

• Bearish outlook within a downtrend channel.
• Sell signals below $69,000 with targets of $65,918 and $65,200.
• Resistance levels at $70,500 and $73,025.

Looking Ahead:

• US Consumer Confidence data: This data release will be a key driver of market sentiment on Wednesday.
• Australia CPI data: Expected to tick lower on Wednesday.