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​#GBPJPY #forextrading #marketanalysis #tradingtips GBP/JPY GBP/JPY is also trading in a consolidation range near important resistance levels. The pair continues to find support from persistent yen weakness, although the lack of a decisive breakout above recent highs suggests caution among buyers. Strong UK data could prompt another attempt to extend gains towards the 215.60–216.30 area. Conversely, a break below 214.20 may open the way towards 213.30–213.00. Key events for GBP/JPY: ▪️Tomorrow at 07:30 (GMT+3): Japan industrial production; ▪️Tomorrow at 09:00 (GMT+3): UK gross domestic product (GDP); ▪️Tomorrow at 09:00 (GMT+3): UK manufacturing output. Overall, sterling is approaching a key juncture where its next direction will largely depend on the state of the UK economy. Upcoming GDP, industrial production, and trade balance data could act as the main short-term drivers for GBP/USD and GBP/JPY. Ahead of these releases, markets are likely to remain cautious, with consolidation near current levels remaining the dominant scenario.

​#GBPUSD #GBPJPY #forextrading #tradingtips #marketanalysis Sterling at Key Levels as Investors Assess UK Economic Outlook The British pound is maintaining a cautious tone following a period of elevated volatility, with market participants now focused on key upcoming UK economic data releases. Both GBP/USD and GBP/JPY are consolidating near important technical levels as investors await macroeconomic indicators that could provide clearer signals on the outlook for the UK economy and the Bank of England’s next policy moves. The main event later this week will be the release of UK GDP data for April. Forecasts suggest the economy may contract by 0.1% month-on-month, following a 0.3% expansion in the previous month. At the same time, figures for industrial production, manufacturing output, construction activity, and the trade balance will also be published. Weaker-than-expected data could reinforce expectations of further Bank of England easing and put additional pressure on sterling, while stronger readings may support the currency and trigger a fresh wave of demand. GBP/USD From a technical perspective, GBP/USD remains in a consolidation phase following its recent decline. After bouncing from support at 1.3300, a bullish piercing candlestick pattern formed on the daily chart, with potential follow-through towards 1.3420–1.3480. A sustained break below 1.3300, however, could extend the downside move towards the April lows in the 1.3220–1.3180 area. Key events for GBP/USD: ▪️Today at 13:00 (GMT+3): Thomson Reuters/Ipsos Primary Consumer Sentiment Index (PCSI) in the UK; ▪️Today at 15:30 (GMT+3): US Producer Price Index (PPI); ▪️Today at 19:00 (GMT+3): US Department of Agriculture (USDA) World Agricultural Supply and Demand Estimates report.

​#EURUSD #forextrading #forex #marketanalysis #MarketNews EUR/USD: ECB Meeting and Interest Rate Expectations On 11 June, the ECB is holding the second day of its Governing Council meeting. The interest rate decision will be announced at 14:15 CET, followed by a press conference by Christine Lagarde at 14:45 CET. Markets are focused on the possibility of a 25-basis-point rate increase to 2.25%. The case for further tightening is supported by accelerating inflation in the euro area, driven in part by higher energy prices resulting from geopolitical tensions in the Middle East. At its 30 April meeting, the ECB paused its policy cycle but indicated that June would be an important point for reassessing the outlook. Labour market resilience and signs of second-round inflation effects have strengthened the arguments in favour of tighter policy. The tone of the press conference could shape market expectations for interest rates through the remainder of the year. Technical Picture Following a peak near 1.2000 in January, EUR/USD formed a downward move towards the March lows around 1.1400 on the daily chart. An ascending trendline drawn from the March lows is currently being tested from above, with price attempting to break below it. At the same time, the pair is trading beneath the lower boundary of the current volume profile at 1.1620, which may indicate increasing selling pressure in this area. Should the price remain below the trendline, the next downside reference point could be the green support level around 1.1450. The red resistance zone is located near 1.1850. If the market reverses higher and manages to overcome both the point of control (POC) at 1.1720 and the upper boundary of the profile at 1.1790, this area could become the next target for buyers. RSI + MAs currently shows readings of 35, 41 and 44. All three lines remain below the neutral 50 level, while the moving averages continue to point lower. Key Takeaways The outcome of the ECB press conference on 11 June may determine whether the current attempt to break the corrective trend develops into a sustained move or ends with a return to the point of control (POC) area. For now, RSI + MAs remains firmly in bearish territory.

​#META #stockmarket #stocks #marketanalysis #marketanalysis Meta Platforms: Strong Earnings Fail to Support the Share Price Meta's revenue rose by 33% year-on-year in the first quarter of 2026, reaching $56.3 billion. Adjusted earnings per share came in at $7.31, comfortably ahead of the consensus forecast of $6.67. However, the positive earnings results were overshadowed by other developments. Alongside the report, the company raised its 2026 capital expenditure forecast to between $125 billion and $145 billion, which the market interpreted as a signal of potential pressure on free cash flow. Additional pressure on the share price emerged in early June following reports that Meta was considering raising tens of billions of dollars through a new share offering to finance AI infrastructure projects. The company itself dismissed these reports as "pure speculation". Technical Picture Since the beginning of April, Meta shares had been trading within an ascending trend structure that originated from the March low. Towards the end of April, however, a gap formed on the chart, followed by a break of the trendline. Since then, the stock has entered a sideways phase, losing its previous upward momentum. The share price is currently trading below the lower boundary of the volume profile at 598 and below the point of control (POC) located in the 610–611 area — levels that could once again attract market attention should buying interest return. The green support level near 565 may serve as a downside target if selling pressure continues. Meanwhile, the resistance zone around 641 remains the next major upside reference point in the event of a reversal and a break above the upper boundary of the profile. The RSI and its moving averages currently stand at 37, 44 and 46. The oscillator has moved below the neutral zone, while the moving averages continue to confirm the prevailing bearish direction. Key Takeaways Following the break of the ascending trendline and the formation of the April gap, Meta shares entered a consolidation phase and are currently testing its lower boundary. Future price action will largely depend on how transparent management proves to be regarding the financing of its AI initiatives and whether the company can demonstrate that its substantial capital investments translate into tangible operational results.

​#eurcad #forextrading #tradingtips #marketanalysis EUR/CAD EUR/CAD is also undergoing a corrective recovery following its previous decline, although further direction will largely depend on the outcome of the Bank of Canada meeting and the market's reaction to US inflation data. Ahead of these releases, traders are likely to remain cautious, potentially encouraging consolidation around current levels. Technical analysis points to range-bound trading within the 1.6030–1.6150 corridor. Price behaviour near these boundaries over the coming sessions may provide clearer signals regarding the pair's next directional move. Key events for EUR/CAD: ▪️Today at 16:45 (GMT+3): Bank of Canada interest rate decision; ▪️Today at 17:30 (GMT+3): US crude oil inventories; ▪️Today at 17:30 (GMT+3): Bank of Canada press conference.

​#EURUSD #eurcad #forextrading #tradingtips #marketanalysis Euro Stabilises After Sell-Off as Markets Await US CPI and Bank of Canada Meeting The euro is showing signs of a modest recovery following a sharp decline triggered by a strong US employment report and increased demand for safe-haven assets amid escalating geopolitical tensions in the Middle East. Robust Nonfarm Payrolls data confirmed the resilience of the US labour market, allowing the dollar to strengthen against most major peers and reinforcing expectations that the Federal Reserve will maintain a restrictive policy stance. Investor attention today will be focused on the release of US inflation data. According to forecasts, annual consumer price growth may accelerate to 4.2% from 3.8% previously, while core inflation is expected to rise to 2.9% from 2.8%. Should the figures exceed expectations, markets may once again reassess the outlook for Federal Reserve rate cuts, providing additional support for the US dollar. Another key event will be the Bank of Canada policy meeting. The central bank is widely expected to leave its benchmark interest rate unchanged at 2.25%, although market participants will be paying close attention to the accompanying statement and policymakers' comments regarding the future path of monetary policy. Any signals pointing towards further easing could weigh on the Canadian dollar and support gains in EUR/CAD. EUR/USD After breaking below the key support level at 1.1580 last week, EUR/USD buyers managed to push the pair back towards this area. Technical analysis suggests the pair may retest support near 1.1500. A break below this level followed by sustained trading underneath it could trigger a fresh bearish impulse, with initial downside targets in the 1.1400–1.1440 region. The bearish scenario would be invalidated by a decisive move back above 1.1580. Key events for EUR/USD: ▪️Today at 12:30 (GMT+3): German 10-year government bond auction; ▪️Today at 15:30 (GMT+3): US Consumer Price Index (CPI); ▪️Tomorrow at 15:00 (GMT+3): Germany's seasonally unadjusted current account balance.

​#usdchf #forextrading #trading #marketanalysis USD/CHF USD/CHF also received support from the strong NFP report and continues to advance towards this year's March highs in the 0.8020–0.8040 region. Technical analysis of USD/CHF points to the possibility of a test of the nearest resistance levels at 0.8020–0.8040. Should a corrective decline begin, the pair may retreat towards the 0.7910–0.7940 area. Key events for USD/CHF: ▪️Today at 18:30 (GMT+3): Atlanta Fed GDPNow estimate; ▪️Today at 19:00 (GMT+3): EIA Short-Term Energy Outlook; ▪️Tomorrow at 15:30 (GMT+3): US Consumer Price Index (CPI). In summary, the strong employment report has reinforced the dollar's position and reduced expectations of near-term Federal Reserve policy easing. Geopolitical risks in the Middle East remain an additional supportive factor. At the same time, both USD/CAD and USD/CHF have already approached significant resistance levels, meaning that future price action will depend both on buyers' ability to establish a foothold above key thresholds and on the next round of US macroeconomic data.

​#usdcad #usdchf #forextrading #tradingtips #marketanalysis Dollar Gains Fresh Momentum: Market Assesses the Impact of the NFP Report The US dollar strengthened against its major counterparts after the release of a robust US labour market report. Non-farm payrolls increased by 172K in May, well above the forecast of 85K, confirming the resilience of the US economy and reducing expectations of an imminent easing of monetary policy by the Federal Reserve. Additional support for the greenback comes from rising geopolitical tensions in the Middle East, which continue to boost demand for safe-haven assets. Investors remain focused on developments in the conflict between Israel and Iran. Over the weekend, both sides exchanged large-scale strikes, leading to a further escalation of tensions in the region. The increase in geopolitical risks is contributing to persistent uncertainty across global financial markets and strengthening demand for the US dollar as a safe-haven currency. Against this backdrop, market attention is gradually shifting towards upcoming US economic releases, which are expected to either confirm or challenge the sustainability of the current bullish momentum in the dollar. USD/CAD Previously identified reversal patterns in USD/CAD played out successfully, allowing buyers to test a key resistance level on the daily timeframe near 1.3960. From a technical perspective, USD/CAD has approached a resistance zone formed at the end of March. Following the sharp rally, the market may enter a profit-taking phase, particularly if upcoming macroeconomic data fail to support further dollar strength. However, as long as the pair remains above nearby support levels, the upward momentum is likely to remain intact. A decisive break and close above 1.3960 could pave the way for further gains towards the 1.4000–1.4050 area. Key events for USD/CAD: ▪️Today at 15:15 (GMT+3): US ADP Employment Change; ▪️Today at 15:30 (GMT+3): Canadian Trade Balance; ▪️Today at 17:00 (GMT+3): US Existing Home Sales.

​#nvidia #NVDA #stockmarket #stocktrading #stocks #MarketNews NVIDIA: Record Revenue Sustains Interest, but Shares Remain Under Pressure NVIDIA's revenue for the first quarter of fiscal year 2027 surged by 85% to $81.62 billion, marking another record quarter for the company. Adjusted earnings per share came in at $1.87, exceeding the Wall Street consensus forecast of $1.76. The primary driver of growth remains the data centre segment based on the Blackwell architecture, which accounts for approximately 92% of the company's total revenue. At the same time, uncertainty surrounding the Chinese market persists. Although small batches of H200 chips intended for Chinese customers received approval from US regulators, the company has yet to recognise any revenue from these shipments. Regulatory considerations therefore remain a key source of caution in investor assessments. Technical Outlook On the four-hour chart, an upward structure has been evident since April. The share price advanced from lows around 165 to May highs near 236, forming a series of higher lows. The ascending trendline drawn through the key support points of this move is currently being tested, with the price attempting to break below it. The red resistance level around 232 and the green support level near 205 represent the nearest reference points within the current trading range. The Point of Control (POC) zone at 221–222 and the upper boundary of the volume profile around 225 could serve as intermediate targets should a recovery develop. The price is currently trading below the lower boundary of the volume profile, which may act as the nearest stabilisation area if retested. The RSI indicator and moving averages are showing readings of 41, 48 and 50 respectively. The oscillator remains below the neutral zone, although the indicator's average lines do not yet confirm the emergence of a clear directional trend. Key Takeaways The record earnings report was not enough to prevent a correction in NVIDIA shares, suggesting that the market had been anticipating even stronger results. Meanwhile, regulatory uncertainty regarding shipments to China remains in place. Future price performance will largely depend on how resilient demand from hyperscalers proves to be in the absence of meaningful revenue contributions from the Chinese market.

​#AMZN #stockmarket #stocktrading #marketanalysis #MarketNews Amazon: Record Earnings Are Priced In as the Trend Loses Momentum Fundamental backdrop In the first quarter of 2026, Amazon (AMZN on FXOpen) reported a 17% increase in net sales to $181.5 billion. AWS revenue grew by 28% — its fastest pace in 15 quarters — while operating margin reached a record 13.1%. These results provided a solid fundamental foundation for the rally in Amazon shares seen from February through early May. Now that the positive impact of the quarterly earnings release has likely been fully priced in, the market appears to be shifting its focus towards second-quarter prospects. A key event for the period will be the annual Prime Day sales event, scheduled for June 2026. Technical picture Since 27 March, Amazon shares have posted a sharp advance, forming a short-term uptrend. The move was supported by an ascending trendline connecting the 200 area with the 278 region, where local resistance emerged. At present, the price is testing this trendline for a potential downside break and has already moved below the lower boundary of the profile located at 260, signalling weakening bullish structure. The point of control (POC) is situated in the 263–264 area, close to the lower boundary of the profile. Should the stock attempt to recover, this boundary may become the first obstacle for buyers. The upper boundary of the profile at 273 may also attract market attention if the price returns to the range. Above it lies a resistance level near 278. The RSI and its moving averages currently stand at 39, 45 and 49. All three readings remain below the 50 mark, indicating the development of a bearish phase and weakening upward momentum. The 248 area, where the green support level is located, remains the nearest downside target should the decline continue. Key takeaways Amazon shares have undergone a strong upward move supported by record financial results; however, the technical picture now points to a potential trend reversal. Further developments will largely depend on whether sellers can maintain control below the current volume profile.

​#GBPUSD #forextrading #forex #marketanalysis GBP/USD GBP/USD also remains under pressure following its recent decline. Sterling previously attempted to develop an upward correction; however, buyers failed to establish themselves above local resistance levels. As a result, the pair has returned to the range between 1.3360 and 1.3480, where a balance between buyers and sellers is currently taking shape. Technical analysis of GBP/USD suggests the possibility of a test of the lower boundary of this range. A decisive move below 1.3360 could lead to a retest of the recent low near 1.3300. If buyers manage to secure a foothold above 1.3480, a move towards the 1.3510–1.3550 area may follow. Key events for GBP/USD: ▪️today at 11:30 (GMT+3): UK Construction PMI; ▪️today at 18:40 (GMT+3): speech by Bank of England Governor Andrew Bailey; ▪️tomorrow at 13:30 (GMT+3): UK mortgage lending data. Key takeaways The dollar continues to enjoy an advantage thanks to resilient US economic indicators and expectations of further labour market data. At the same time, EUR/USD and GBP/USD are trading close to important technical support levels, making the upcoming data releases a key factor for the market’s next move. Strong US figures could increase pressure on European currencies and trigger downside breakouts from their respective ranges, while weaker data may support a corrective recovery in both the euro and sterling.

​#EURUSD #GBPUSD #forextrading #trading #marketanalysis #MarketNews Euro and Sterling Weaken as the Dollar Strengthens Ahead of Key US Data The US dollar continues to hold firm against its major counterparts, supported by strong US macroeconomic data and expectations surrounding the release of further labour market indicators. Additional support for the greenback comes from persistent inflationary risks and the Federal Reserve’s cautious stance regarding further monetary policy easing. Against this backdrop, EUR/USD and GBP/USD remain under pressure, with market participants preferring to reduce long positions in the euro and sterling ahead of the next batch of economic releases. EUR/USD EUR/USD continues to trade within its established range following the recent decline, consolidating near the lower boundary. Technical analysis of EUR/USD points to continued sideways trading within the 1.1570–1.1660 range. Should US data come in strong, pressure on the pair could intensify, potentially leading to a break below the lower boundary of the range and the beginning of a new bearish impulse. Conversely, if incoming data disappoint market expectations, EUR/USD may strengthen above 1.1660. Key events for EUR/USD: ▪️today at 10:30 (GMT+3): Germany S&P Global Construction PMI; ▪️today at 15:30 (GMT+3): US Initial Jobless Claims; ▪️today at 20:00 (GMT+3): speech by Federal Open Market Committee (FOMC) member Mary Daly.

​#NVDA #nvidia #stockmarket #stocktrading #marketanalysis #MarketNews NVDA Shares Approach Strong Resistance Production of NVIDIA processors is concentrated in Taiwan via TSMC, making the company sensitive to US trade policy. In the first quarter of fiscal 2026, NVIDIA recorded a $4.5bn write-down due to restrictions on H20 chip exports to China. At the same time, the revenue structure remains resilient — around 69% of revenue comes from the US domestic market, where hyperscalers continue to increase purchases of accelerators for data centres. In the fourth quarter of fiscal 2026, revenue reached $68.1bn, representing a 73% year-on-year increase, while full-year revenue totalled $215.9bn (+65%). In late March, the company announced an expansion of its strategic partnership with Marvell Technology, including a $2bn investment and integration via the NVLink Fusion ecosystem, further extending its presence in the Physical AI and robotics segment. However, the overall macroeconomic backdrop remains subdued. Technical picture After reaching an all-time high near 210 in November 2025, the stock entered a corrective phase. The low of this correction was marked at 165 on 30 March 2026. A rebound followed from this level; however, the price remains around 177, without showing a convincing recovery. The horizontal volume profile provides further clarity. The highest concentration of trading activity over the period under review is located in the 181–183 zone, where the point of control (POC) is situated. This area reflects the most active trading over several months, making it a key reference zone for market participants. Above current levels, the volume profile remains dense up to 189, which coincides with the local highs from the second half of 2025 and acts as the nearest resistance level. The RSI stands at 49.37 and remains in neutral territory, offering no clear directional advantage. The latest session’s volume reached 107.11 million shares, indicating sustained market participation. However, it should be noted that the most pronounced spikes in volume and volatility have historically occurred ahead of and following quarterly earnings releases. As a result, the stock may continue to consolidate within the current range until new fundamental catalysts emerge. Key takeaways NVIDIA remains in a prolonged consolidation phase, supported by strong operational performance but a muted macroeconomic backdrop. The volume profile shows a significant supply overhang above current price levels, while the RSI does not favour either side. Market participants continue to assess incoming signals without committing to a sustained directional bias.

​#usdcad #forextrading #trading #marketanalysis USD/CAD USD/CAD has recovered following a corrective decline towards 1.3770. Technical analysis of USD/CAD points to the possibility of a renewed test of the 1.3850–1.3870 area, as a series of bullish candlestick formations has developed on the daily timeframe. The bullish scenario would come into question if the pair were to establish itself decisively below 1.3770. Key events for USD/CAD: ▪️today at 15:30 (GMT+3): Canadian labour productivity data; ▪️today at 17:00 (GMT+3): US ISM Services Purchasing Managers' Index (PMI); ▪️today at 17:30 (GMT+3): US crude oil inventories. Key takeaways The dollar retains an advantage ahead of the release of preliminary US employment data; however, both USD/JPY and USD/CAD are already trading close to important technical resistance levels. The next directional move will depend on whether the incoming data can confirm the resilience of the US economy. Strong figures could provide the basis for a continuation of dollar strength and a test of fresh highs, while weaker-than-expected results may trigger a correction following the recent appreciation of the US currency.

​#USDJPY #usdcad #forextrading #trading #marketanalysis USD/JPY and USD/CAD Test Key Levels Ahead of the ADP Employment Report The US dollar is holding on to its recently gained ground following a series of strong macroeconomic releases and a rise in US Treasury yields. Additional support for the greenback comes from resilient inflation readings, expectations that the Federal Reserve will maintain a restrictive policy stance, and cautious investor sentiment ahead of the release of the preliminary ADP employment report. At the same time, market participants continue to monitor oil price dynamics and other economic indicators that could alter perceptions of the health of the US economy. Despite continued demand for the dollar, the next directional move remains uncertain. Both USD/JPY and USD/CAD have reached important technical resistance levels, where either profit-taking and a local correction may emerge, or a fresh bullish impulse could develop if US labour market data come in stronger than expected. USD/JPY USD/JPY continues its upward move and has approached a strategic resistance zone near the highs of recent months. Following the recovery from April lows, buyers have almost fully reversed the previous decline; however, price has now entered an area where selling pressure has previously intensified. Technical analysis of USD/JPY suggests the possibility of a test of the nearest resistance levels at 160.40–160.70. Should the pair establish itself below the 159.30–159.60 range, a broader downward correction may begin. Key events for USD/JPY: ▪️today at 11:30 (GMT+3): speech by Bank of Japan Governor Kazuo Ueda; ▪️today at 15:15 (GMT+3): US ADP Non-Farm Employment Change; ▪️today at 16:00 (GMT+3): speech by Federal Reserve Vice Chair for Supervision Michael S. Barr.

​#XAUUSD #goldprice #commodities #marketanalysis #MarketNews Gold: Attempt to Break Out of the Short-Term Trend Fundamental backdrop In April, US inflation stood at 3.8% year-on-year — the highest level since May 2023. A significant contribution came from rising fuel prices amid escalating tensions in the Middle East. Market reaction was somewhat paradoxical: instead of inflows into safe-haven assets, the strong CPI print triggered a reassessment of Federal Reserve monetary policy. Expectations of a possible rate hike by the end of the year appear to have strengthened the US dollar and weighed on gold. By the end of May, the precious metal had lost more than 4% and is currently trading roughly 20% below its January record high. Markets are now awaiting labour market data and comments from Federal Reserve officials as key guidance for the next reassessment of monetary expectations. Technical picture On the four-hour chart of Gold (XAUUSD on FXOpen), a short-term bearish trend can be identified: starting on 12 May and ending in a phase of acceleration on 28 May. The trendline is drawn across consecutively lower highs and is clearly defined. Following the 28 May impulse, price reversed sharply and attempted to break above the trendline. However, it has not yet managed to hold above it — the move may be viewed as an incomplete retest of trend strength, with the final outcome still undecided. The horizontal volume profile defines the current working range, with the upper boundary located around 4,560 and the lower boundary at 4,485. The point of control (POC) is concentrated between 4,533 and 4,535. At present, price is testing the lower boundary of the profile — if this support is lost, attention could shift towards the 4,465 area, where a key support level is located. The 4,600 area could also attract interest if the upward move continues. RSI + MAs shows readings of 46, 49 and 47 — the oscillator remains in neutral territory but is poised for a potential new impulse. Key takeaways Further gold price dynamics will largely depend on US labour market data and Federal Reserve rhetoric: confirmation of expectations for higher rates could increase pressure on the asset. The technical picture remains mixed — the attempted breakout above the descending trendline has not been confirmed, while RSI does not provide a clear directional advantage for either side.

​#EURGBP #forextrading #tradingtips #marketanalysis #MarketNews EUR/GBP: June ECB Meeting Could Bring the Period of Equilibrium to an End Fundamental backdrop The divergence in the monetary policy paths of the ECB and the Bank of England is creating a mixed outlook for the pair. Having completed a cycle of eight consecutive rate cuts in 2025, the ECB left its deposit rate unchanged at 2.0% at its April meeting. At the same time, according to Trading Economics, markets are assigning a high probability to a 25-basis-point rate increase as early as 11 June. The Bank of England, by contrast, remains in wait-and-see mode. On 29 May, Governor Andrew Bailey suggested that inflation could temporarily exceed its target level, indicating that a rate increase from the current 3.75% is unlikely in the near term. As a result, the interest-rate differential between the two central banks could narrow as early as June, and this scenario is weighing on sterling. Technical picture On the daily chart, EUR/GBP has completed the bullish structure that began near 0.8250 in February 2025. The advance reached the 0.8850 area in November before giving way to a decline. The trendline drawn from the February low was broken in early January, after which the pair entered a sideways phase within the current horizontal volume profile. The profile boundaries are located around 0.8735 on the upside and 0.8645 on the downside. The point of control is concentrated within the 0.8670–0.8675 range and is positioned close to the lower boundary of the profile. At present, the price is testing the lower boundary of the profile, and a break below it could shift market attention towards the 0.8620 area. Should buyers succeed in overcoming the upper boundary of the profile, the next resistance level is located near 0.8790. The RSI and its moving averages are currently reading 45, 47 and 47. All three measures remain below the 50 mark; however, the strength of the bearish impulse has yet to receive convincing confirmation from the oscillator. Key takeaways The break of the ascending trendline and the ongoing test of the lower boundary of the profile are creating a tense technical backdrop. The key event of the coming weeks remains the ECB meeting on 11 June, with a potential rate increase capable of shifting the balance of power within the pair.

​#usdchf #forextrading #tradingtips #marketanalysis #MarketNews USD/CHF: Consolidation After the Trend Fundamental backdrop The Swiss franc remains influenced by two opposing forces. On the one hand, there is steady demand for safe-haven assets amid tariff-related risks stemming from the United States. On the other, the policy stance of the Swiss National Bank (SNB) continues to play a role: in March, the central bank kept its policy rate at zero and reaffirmed its readiness to intervene in the foreign exchange market to prevent excessive franc appreciation. The Federal Reserve, for its part, is also taking a cautious approach to policy easing. In January, the Fed paused its rate-cutting cycle, citing persistent inflationary pressures. The divergence in the rhetoric of the two central banks has so far failed to provide either side with a sustained advantage. Technical picture The starting point of the current structure was the 0.7600 area, where USD/CHF formed a local bottom in late January. From 27 February to 31 March, an ascending trendline developed, accompanying the pair’s rise towards the 0.8050 area. In April, the trendline was broken, after which the pair transitioned into a sideways trading phase that remains in place today. The horizontal volume profile formed during this period identifies a point of control in the 0.7865–0.7875 range, where the market spent the greatest amount of time during the period under review. At present, the price is positioned above the lower boundary of the profile and is testing it from above. The 0.7930 area could attract market participants’ attention should the pair continue to move higher. The 0.7800 region remains a potential reference point if a bearish move develops, as it represents the nearest support zone. The RSI oscillator and its moving averages currently show readings of 37/46/47. The indicator remains below both moving averages; however, the averages themselves are still positioned in neutral territory, which should also be taken into account. Key takeaways The pair has completed its upward trend and entered a consolidation phase, while price is currently testing the lower boundary of the existing profile. The RSI and its moving averages stand at 37/46/47: the indicator remains below both moving averages, although the averages themselves are still located in neutral territory.

​#FTSE #stockmarket #stocktrading #marketanalysis #MarketNews FTSE 100: Correction Has Ended, but a New Impulse Has Yet to Form Fundamental backdrop The UK inflation report for April, published on 20 May, delivered unexpectedly positive figures: annual inflation slowed to 2.8% in April 2026 from 3.3% in March, coming in below the consensus forecast of 3.0% and marking the lowest reading since March last year. Nevertheless, the relief is being viewed as temporary. The unresolved conflict involving Iran continues to exert pressure on oil prices, while the Bank of England maintains a cautious approach towards rate cuts, unwilling to move ahead of incoming inflation data. Technical picture From 8 April to mid-May, the FTSE 100 index (UK100 on FXOpen) remained in a corrective decline: from the 10,700 area, price moved actively lower, but was soon supported by demand, followed by a further compression of quotations around 10,150. In the latter part of May, the trendline was broken to the upside; however, the index failed to establish itself above the upper boundary of the current profile near 10,450 — the latest candlesticks are forming within the range between the POC zone and the aforementioned profile boundary. The point of control (POC) is concentrated around 10,380–10,390, where the highest trading activity within the current range is located. Should price break higher from the profile, the 10,530 area could become a serious obstacle for buyers. In the event of renewed selling pressure, the lower boundary of the profile near 10,250 may come back into focus, while the 10,150 area represents the next significant reference point. RSI + MAs currently show a reading of 43, with the indicator positioned below both moving averages (51 and 54), which also casts doubt on the strength of the breakout. Key takeaways The descending trendline has been broken, yet RSI remaining below its moving averages points to weak momentum. The nature of the next move will largely depend on how the market reacts to expected Bank of England signals regarding the future rate path against the backdrop of temporarily slowing inflation.