July 8, 2026 1:34 pm
Key Moments Solana (SOL) finished the session near the bottom of its $77.80–$82.79 intraday range, signaling clear seller dominance. Immediate support sits at $76.35, with $74.58 flagged as a critical strong support level that could define the next two to three weeks. CoinCodex, via Blockchain.news, projects a year-end 2026 SOL price of $125.04, contingent on […]
Read moreJuly 8, 2026 12:52 pm
Key Moments Societe Generale notes EUR/SEK has moved back above its 200-day moving average, overcoming a key technical barrier. The pair recently advanced toward 11.11 after breaking out above the top of a prior base formation. Support is identified around 11.00, with potential upside objectives at the upper boundary of a longer-term descending channel near […]
Read moreJuly 8, 2026 9:02 am
Key Moments Aluminum prices extended gains for a second straight session after rebounding from a four-month low, driven by renewed buying interest in China. China’s aluminum spot inventories declined for a twelfth consecutive session to 1.09Mt, more than 25% below their April peak, reinforcing expectations of a market deficit this year. Speculative net long positions […]
Read moreJuly 8, 2026 7:40 am
Key Moments WTI trades just above $72.00, consolidating near a two-week high after an earlier Asian session advance. Escalating US-Iran tensions and concerns over potential disruptions in the Strait of Hormuz support crude prices. OPEC+ plans to raise output from August and Saudi Arabia’s $11 per barrel August price cut to Asia limit further upside. […]
Read moreJuly 8, 2026 6:28 am
Key Moments NZD/USD rises back to the 0.5700 level after the Reserve Bank of New Zealand lifts its Official Cash Rate by 25 bps to 2.50%. Safe-haven demand for the US Dollar remains supported by renewed US-Iran tensions and higher US Treasury yields. Traders turn their attention to RBNZ Governor Anna Breman’s press conference and […]
Read moreJuly 8, 2026 6:04 am
Key Moments Silver (XAG/USD) trades near $59.80 and posts a third consecutive session of weakness. Price action continues to respect a short-term bearish flag pattern, with indicators signaling room for additional downside. Major resistance is clustered around the 100-period SMA at $62.32 and the upper channel boundary at $64.21. Bearish Tone Persists Around Mid-$59.00s Support […]
Read moreJuly 7, 2026 2:14 pm
Key Moments Plug Power Inc gained 1.5% in pre-market trading after securing a 50-megawatt electrolyzer contract for Australia’s Hunter Valley Hydrogen Hub. The project will use Plug’s GenEco PEM electrolyzers to produce approximately 4,700 tonnes of renewable hydrogen annually, reducing Orica’s natural gas usage at its Kooragang Island site. Stronger Q1 2026 results, including a […]
Read moreJuly 7, 2026 1:08 pm
Key Moments Soybean futures built on Monday’s strong rally, with Tuesday morning prices edging 1 to 2 cents higher. Open interest climbed by 45,619 contracts as fresh buying followed front-month futures gains of 35 to 50 1/2 cents. USDA data showed soybean export shipments for the week ending July 2 at 528,350 MT, up 19% […]
Read moreJuly 7, 2026 10:31 am
Key Moments WTI futures on NYMEX trade about 1% higher near $69.40 during the European session on Tuesday after reports of attacks on commercial ships in the Strait of Hormuz. Despite the uptick, WTI holds a bearish near-term bias with spot prices well below the 20-day EMA at $74.27 and the RSI at 31.79 hovering […]
Read moreJuly 7, 2026 10:05 am
Key Moments Hungarian inflation declined to 1.7%, undershooting both market expectations and the National Bank of Hungary’s June projection of 2.0%. Markets are pricing about 150bp of additional easing and a 4.50% terminal policy rate, aligned with ING’s forecast assuming BUBOR stays above the policy rate. EUR/HUF is expected to hold within the 350-356 band, […]
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