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Gold prices extended a 4-day gain amid risk-off sentiment after Facebook earnings disappointed investors. The US Dollar fell slightly. Russia-Ukraine tensions may continue to support the safe haven.

Oil prices are slightly lower today, but early week strength may resume as dwindling spare capacity among OPEC members causes supply-side concerns.

The New Zealand Dollar may be at risk to Amazon earnings and US non-farm payrolls data. What are key NZD/USD and AUD/NZD technical levels to watch as the week wraps…

US equity futures plunged after Facebook (-22%) reported weaker-than-expected earnings after Wednesday’s market close. Alphabet reported strong Q4 earnings. APAC looks set to open mixed.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.

AUD/USD trimmed gains overnight, and prices may head lower after construction (PCI) data contracted in December and January. Australian trade data is in focus for today's APAC session.

Looming developments in the RSI may indicate a larger pullback in the price of oil if the oscillator falls back from overbought territory to offer a textbook sell signal.

Value stocks remain better positioned than growth and tech shares to command strength over the coming months, but the outlook may change if the economy falters and downshifts rapidly

Meta, Facebook's parent company, reported fourth-quarter earnings and weak guidance after the closing bell, sending share prices sharply lower in after-hours trading.

The recent rebound in NZD/USD may turn out to be a correction in the broader trend if the former support zone around the December low (0.6701) acts as resistance.