GBP/USD Technical Analysis The GBP/USD pair came under sustained selling pressure during the previous session, after the 1.3470 zone established itself as a formidable resistance ceiling that successfully capped upside attempts and forced the pair to retreat once again. Technical Outlook – 4-Hour Timeframe: With respect to intraday dynamics, the …

US Crude Oil (WTI) Technical Analysis US crude oil futures retreated during the previous session as part of a natural corrective move accompanied by profit-taking activity, following the strong gains the contract has harvested over the recent period. Technical Outlook – 4-Hour Timeframe: Oil prices have successfully unwound the prior …

Gold (XAU/USD) Technical Analysis Gold prices extended their decline under sustained selling pressure, in line with the bearish outlook outlined in our previous report. The precious metal successfully reached its formal initial target of $4,430, printing an intraday low of $4,423 per ounce. Technical Outlook – 4-Hour Timeframe: Current price …

EUR/USD Technical Analysis The EUR/USD pair traded sideways within a narrow range during the previous session, amid a cautious and watchful market atmosphere. Technical Outlook – 4-Hour Timeframe: Across intraday price action, the pair is mounting an attempt to claw back a portion of the losses sustained in the previous …

Key Takeaways Oil eases: Brent fell 1% to $96.87 per barrel, while WTI dropped 0.8% to $95.22 — snapping a three-session rally. Prior session’s gains: Both benchmarks had risen nearly 2% Wednesday to their highest levels in over a week. Israel-Lebanon ceasefire: The U.S. announced Wednesday evening that Israel and …

Key Takeaways Broad regional retreat: Asian markets fell as tech and chip stocks gave back recent gains amid Iran uncertainty and Broadcom’s post-earnings slump. Broadcom crashes 12%: The chip designer’s mixed earnings and unchanged AI guidance disappointed markets, with losses spilling across Asia. Nikkei drops 1.9%: Japan’s index slumped after …

Overview All eyes turn to the services sector this Wednesday as the Institute for Supply Management (ISM) prepares to release its May Services Purchasing Managers Index (PMI). The report arrives at a pivotal moment, with markets hungry for confirmation that the U.S. economy continues to expand amid persistent inflation and …

ADP Private Payrolls: May 2026 U.S. private sector employment beat expectations in May, with the ADP National Employment Report showing 122,000 jobs added, above the Reuters economist consensus of 117,000. April’s figure was revised slightly downward to 105,000 from an initially reported 109,000. The report, developed jointly with the Stanford …

Key Takeaways May ADP beat: Private sector employment grew by 122,000 in May, topping the 117,000 expected. April revised up: The prior month’s reading came in at 105,000. Broad-based hiring: ADP’s chief economist noted the hiring was “more broad-based in May than we’ve seen in the last few years.” Summer …

Key Takeaways Futures mixed: Dow futures fell 182 points (-0.4%), S&P 500 futures dipped 0.1%, while Nasdaq 100 futures gained 0.2%. Nine straight S&P 500 records: The benchmark notched its longest all-time closing streak since May 2025. Five-day sweep: All three major averages hit record closing highs for five consecutive …