May 29, 2026 7:21 am
Key Moments: WTI trades around $87.00 in the Asian session, extending a three-day losing streak and hovering near a one-month low. Reports of a 60-day extension to the US-Iran ceasefire weigh on prices amid hopes for improved traffic through the Strait of Hormuz. WTI remains below its 50-day SMA and the 50% Fibonacci retracement of […]
Read moreMay 29, 2026 7:01 am
Key Moments BTC, ETH, and XRP have each declined more than 3% this week, with prices slipping below key moving averages and Fibonacci levels. Bitcoin is trading at $73,600, under major EMAs and the 38.2% Fibonacci retracement of the $60,000–$97,924.49 move, signaling risk of a deeper pullback. Ethereum and XRP are holding just above critical […]
Read moreMay 29, 2026 6:22 am
Key Moments USD/CHF traded around 0.7840 during Asian hours on Friday after modest losses in the prior session. MUFG Bank highlighted that failure to secure a ceasefire extension between Washington and Tehran could lift the US Dollar. Solid Swiss labor data and improving investor sentiment helped limit USD/CHF gains. Geopolitical Tensions Support the Dollar USD/CHF […]
Read moreMay 29, 2026 6:07 am
Key Moments: XAG/USD trades around $75.80 per troy ounce in Asian hours, marking a second consecutive day of gains.
Read moreMay 29, 2026 5:47 am
Key Moments GBP/USD trades around 1.3450 in Asian hours after modest prior gains as demand for the US Dollar softens. Reports of a tentative 60-day US-Iran ceasefire extension and mine-clearing plan in the Strait of Hormuz weigh on safe-haven flows. Softer US PCE inflation data and cooling UK indicators temper expectations for aggressive rate hikes […]
Read moreMay 28, 2026 1:25 pm
Key Moments Societe Generale analysts note the USD/ZAR downtrend paused after an interim low near 15.63 in January. The pair has remained constrained below its 200-day moving average and a recent resistance area around 16.80/16.92. A break below the April low of 16.12 could signal a renewed downtrend, while the SARB is forecast to lift […]
Read moreMay 28, 2026 8:42 am
Key Moments GBP/JPY recovered to the 213.80 region after touching a weekly low at 213.33, but remained lower for a fourth straight session. Heightened US-Iran tensions and rising Oil prices have added pressure on the Yen, linked to concerns over Japan’s oil-importing economy. Technical signals point to a corrective downturn, with RSI slipping toward the […]
Read moreMay 28, 2026 8:11 am
Key Moments USD/CAD extended its move higher for a third straight session, reaching the 1.3870 area, the highest level since April 13. The pair held firm despite a recovery in Crude Oil prices, which typically supports the Canadian Dollar and can limit USD/CAD gains. Technical signals remained firmly bullish after a clear break above the […]
Read moreMay 28, 2026 8:01 am
Key Moments Silver (XAG/USD) dropped to around $72.30 in early European trading, its weakest level since May 6. Fresh US military strikes in Iran and stronger crude oil and US Dollar prices pressured the USD-denominated metal. Technically, XAG/USD remains below key moving averages, with initial resistance at $77.95 and first support at 71.22. Geopolitical Tensions […]
Read moreMay 28, 2026 7:53 am
Key Moments EUR/USD falls about 0.3% to trade near 1.1590 during the Asian session amid heightened geopolitical tensions. Reports of Iranian retaliation near Bandar Abbas and attacks on US military bases weigh on risk sentiment and boost the US Dollar Index to around 99.53. Market participants look ahead to US PCE inflation for April and […]
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