USD/CAD Technical Analysis The USD/CAD pair successfully held onto its recent gains in line with our previous technical projections, reaching the initial target of 1.3835 and printing an intraday high of 1.3848. Technical Outlook – 4-Hour Timeframe From a short-term perspective, the technical outlook remains cautiously constructive, with the pair …

GBP/USD Technical Analysis The bullish trend dominated the price action of the GBP/USD pair during the previous trading session, after the pair successfully established a constructive foothold above the pivotal 1.3420 support — a development that has strengthened the prospects of an extended upside move over the short term. Technical …

US Crude Oil (WTI) Technical Analysis US crude oil futures successfully delivered a powerful technical rebound in line with our previous bullish projections, with prices reaching the formal target of $91.30 before extending the advance to an intraday high of $94.70 per barrel. Technical Outlook – 4-Hour Timeframe: On the …

Gold (XAU/USD) Technical Analysis Gold prices reversed the bullish trajectory projected in our previous technical report — which had hinged on the importance of trading remaining anchored above the $4,486 level. As a reminder, we had previously flagged that the price’s failure to defend this level would bring selling pressure …

EUR/USD Technical Analysis The EUR/USD pair continues to drift higher within the projected positive trajectory, though the gains remain contained as the price has yet to clear the pivotal resistance at 1.1680. Technical Outlook – 4-Hour Timeframe: The pair is navigating within an ascending price channel, which underpins the short-term …

Key Takeaways Dollar edges up: The DXY rose 0.2% to 99.05 after last week’s decline; euro dipped 0.1% to $1.1647, pound held at $1.3459. Weekend strikes resume: The U.S. struck Iranian air-defense and drone facilities after Iran allegedly downed a U.S. drone. Iran retaliates: Tehran attacked a U.S.-used air base; …

Key Takeaways Futures advance: Dow futures rose 266 points (+0.5%), S&P 500 futures gained 0.3%, and Nasdaq 100 futures added 0.2%. Prior session records: Wall Street logged fresh all-time closing highs Friday, with Dell’s raised guidance and chip stocks powering the tech rally. William Blair’s take: “Market dispersion has been …

Key Takeaways Strongest expansion in 4 years: The S&P Global UK Manufacturing PMI rose to 53.9 in May from 53.7 in April — the seventh consecutive month above the 50-point growth threshold. Production expands for second month: Growth driven by intermediate and investment goods; consumer goods output dipped slightly. New …

Key Takeaways CENTCOM confirms strikes: The U.S. military hit radar and command sites in Goruk and Qeshm island over the weekend, citing “self-defense” after a U.S. drone was shot down. IRGC retaliates: Iran’s Revolutionary Guards said they attacked a U.S. base used to stage strikes on southern Iran. Kuwait intercepted …

Key Takeaways Gold falls: Spot gold dropped 0.8% to $4,501.54 per ounce, while U.S. gold futures declined 1.3% to $4,532.22. Previous week ended with marginal gains: Last week’s ceasefire extension hopes briefly supported bullion. Weekend strikes resume: The U.S. hit Iranian air-defense and drone facilities after Iran allegedly downed a …