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 …

Key Takeaways Sharp rebound: Brent crude rose 2.8% to $93.63 per barrel, while WTI advanced 3.1% to $90.05 — bouncing back after last week’s roughly 10% declines. Weekend strikes resume: The U.S. military struck Iranian military sites over the weekend, targeting air defenses, drone command facilities, and related infrastructure. Iran …

Dow Jones Industrial Average (DJIA) Technical Analysis A powerful bullish trend has dominated the Dow Jones Industrial Average on the New York Stock Exchange, with the index decisively breaching the 51,000 mark and climbing to an intraday high of 51,165. Technical Outlook for Today’s Session – 4-Hour Timeframe: With respect …

Positive trading dominated the USD/CAD pair, recovering some of the losses from previous sessions. In the short term, the pair is attempting to break through the 1.3820 resistance level. Technical Outlook – 4-Hour Timeframe Regarding the short term, we maintain a cautiously positive outlook, supported by the 50-day simple moving …