DXY Nears 2-Month Peak ($99.5)
ADP May Reaches 122,000 Jobs (Highest Since January 2025). Market Expects Fed to Raise Interest Rates at the End of the Year with an 85% Probability. DXY Resistance 99.55 – 100.0; Support 99.0 – 98.58.
WTI Oil Jumps to $94/Barrel
US-Iran Tensions Escalate, Negotiations Stuck. Oil Recovers After Falling to $85.4. Resistance 94.94 (MA50) – 100; Support 90 – 87.82.
Gold falls sharply to $4,428/oz
Pressure from a strong USD and high interest rates. Gold tests the support zone of 4,422 (MA200) – 4,400. Resistance at 4,500 – 4,570.
USD/JPY approaches 160 again
Japan spent 11.7 trillion yen intervening at the end of April, but the yen weakened. The Finance Minister reaffirmed readiness to act. The market is testing Tokyo's resolve.
ASX200 rises to 8,786 points
Australia's Q1 GDP only increased by 0.3% (expected 0.5%), but the market expects the RBA to stop raising interest rates. Technology and resources led the way (Wisetech, BHP, Rio Tinto).
Shanghai index closes at 4,083 points
China's composite PMI reached 54.0 – the highest in 3 months, but the manufacturing PMI declined slightly. Telecommunications, energy, and coal stocks surged.
ADVICE
Oil: The recovery trend is likely to reverse if there is breakthrough news on the agreement. Trade at $90-96, set a tight stop loss.
Gold: Downward pressure, but the $4,400-$4,422 range is strong support. Consider exploratory buying around this level with a stop loss below $4,400.
USD: Strengthening ahead of Nonfarm Payrolls, but profit-taking is possible if the NFP isn't too surprising.
Australian Stocks: Upward trend, but $8,800 is strong resistance. Avoid chasing the peak; prioritize partial profit-taking.
Closely monitor the US Nonfarm Payrolls report on Friday – it could cause significant volatility for the USD, gold, and oil.
ADP May Reaches 122,000 Jobs (Highest Since January 2025). Market Expects Fed to Raise Interest Rates at the End of the Year with an 85% Probability. DXY Resistance 99.55 – 100.0; Support 99.0 – 98.58.
WTI Oil Jumps to $94/Barrel
US-Iran Tensions Escalate, Negotiations Stuck. Oil Recovers After Falling to $85.4. Resistance 94.94 (MA50) – 100; Support 90 – 87.82.
Gold falls sharply to $4,428/oz
Pressure from a strong USD and high interest rates. Gold tests the support zone of 4,422 (MA200) – 4,400. Resistance at 4,500 – 4,570.
USD/JPY approaches 160 again
Japan spent 11.7 trillion yen intervening at the end of April, but the yen weakened. The Finance Minister reaffirmed readiness to act. The market is testing Tokyo's resolve.
ASX200 rises to 8,786 points
Australia's Q1 GDP only increased by 0.3% (expected 0.5%), but the market expects the RBA to stop raising interest rates. Technology and resources led the way (Wisetech, BHP, Rio Tinto).
Shanghai index closes at 4,083 points
China's composite PMI reached 54.0 – the highest in 3 months, but the manufacturing PMI declined slightly. Telecommunications, energy, and coal stocks surged.
ADVICE
Oil: The recovery trend is likely to reverse if there is breakthrough news on the agreement. Trade at $90-96, set a tight stop loss.
Gold: Downward pressure, but the $4,400-$4,422 range is strong support. Consider exploratory buying around this level with a stop loss below $4,400.
USD: Strengthening ahead of Nonfarm Payrolls, but profit-taking is possible if the NFP isn't too surprising.
Australian Stocks: Upward trend, but $8,800 is strong resistance. Avoid chasing the peak; prioritize partial profit-taking.
Closely monitor the US Nonfarm Payrolls report on Friday – it could cause significant volatility for the USD, gold, and oil.
