EUR/USD Analysis Summary Today EUR/USD Trading Signals: Buy scenario: From the support level of 1.1490 with a target of 1.1620 and a stop-loss at 1.1400 Sell scenario: From the resistance level of 1.1680 with a target of 1.1480 and a stop-loss at 1.1750 Technical Analysis of EUR/USD Today Investors are now focused on the European…
This currency pair is continuing to consolidate and has been doing so for a while. It looked as if we might get some more decisive catalysts this week, with a more bellicose American approach to its standoff with Iran and the release of US CPI data yesterday. However, neither of these events proved to be…
Today’s Gold Analysis Overview: The Overall Gold Trend: Strongly Bearish. Today’s Gold Support Points: $4,000 – $3,935 – $3,800 per ounce. oday’s Gold Resistance Points: $$4,190 – $4,330 – $4,400 per ounce. Today’s Gold Trading Signals: Bullish Scenario: Buy gold from the support level of $3,980 with a target of $4,300 and a stop loss…
USD: Dollar rebounds as markets look past hot CPI print May CPI did not give the Fed a clean report, but it did give markets enough to avoid a fresh panic. Headline inflation rose 0.5% on the month and 4.2% from a year earlier, the highest annual reading since April 2023, while core CPI came…
As the chart shows, the Nasdaq 100 (US Tech 100 Mini on FXOpen) is down more than 6% from its recent highs, with Friday, 6 June, standing out as the defining session: a single-day loss of approximately 4.74% marked the worst daily performance of 2026. The S&P 500 (US SPX 500 Mini on FXOpen) declined…
US producer prices surged far more than expected in May, highlighting that inflation pressures continue to build beneath the surface of the economy despite Wednesday’s relatively reassuring consumer inflation report. PPI rose 1.1% mom, matching April’s increase and exceeding expectations of 0.7% mom. Annual producer inflation accelerated from 5.9% yoy to 6.5% yoy, the strongest…
The Euro was broadly steady after the ECB delivered its widely anticipated 25 basis point rate hike, as traders quickly shifted their attention back to the Middle East. While the central bank raised inflation forecasts and lowered growth projections, the decision largely matched expectations. More importantly, policymakers offered no guidance on what comes next, leaving…
Brent oil price remains within a range between $90.00 and $95.00 for the fifth consecutive day despite renewed tensions in the Middle East and much stronger than expected draw in US crude inventories, as markets still do not see significant threat from the overall situation. Although the price repeatedly jumped (Wed / Thu) on fire…
Market Overview The crypto market capitalisation has risen by 0.9% to $2.15 trillion over the past 24 hours, with gains broadly distributed among the most popular altcoins. In the short term, this looks more like a technical rebound within a broader consolidation near the 200-week moving average than a full-fledged reversal. Nevertheless, relatively small coins…
On 11 June, the ECB is holding the second day of its Governing Council meeting. The interest rate decision will be announced at 14:15 CET, followed by a press conference by Christine Lagarde at 14:45 CET. Markets are focused on the possibility of a 25-basis-point rate increase to 2.25%. The case for further tightening is…