WTI stays deep in red on US-Iran deal to reopen Strait of Hormuz
West Texas Intermediate, the US crude oil benchmark, is off the lows, still down nearly 4% in European trading on Monday. The black gold hit two-month lows below the $80 mark after reports that the United States and Iran announced a peace deal that could lead to the reopening of the Strait of Hormuz, restoring oil supplies across the globe.
EUR/USD climbs above 1.1600 on US–Iran peace breakthrough
The EUR/USD pair stays firm above 1.1600 in the European session on Monday. The US and Iran have reached a deal to reopen the Strait of Hormuz on Sunday, which underpins risk sentiment, supporting the Euro against the US Dollar. Now, the main focus this week remains on the Fed policy decision due on Wednesday.
Gold gains momentum as US, Iran announce a peace deal
Gold price rises to a weekly high during the early European trading hours on Monday. The precious metal rebounds after the United States and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
Bitcoin consolidates gains, Ethereum defends support, XRP nears breakout trigger
Bitcoin, Ethereum and Ripple begin the week on a constructive note as the top three cryptocurrencies attempt to extend rebounds after recovering nearly 4%, 2% and 2.6%, respectively. BTC steadies around $65,600, ETH continues to hold firmly above the key $1,700 support, while XRP nears the upper boundary of the falling channel pattern.
DEEPER DIVE
4.2% headline, 0.2% core: Why the Fed's next hike may be targeting the wrong problem Premium
May's CPI put headline inflation at 4.2% on the year, up from 3.8% in April and the hottest reading since April 2023, while core prices rose just 0.2% on the month, undershooting the 0.3% consensus and halving April's pace.
$1,500: Why Ethereum just crashed 20% despite spot markets barely selling
Ethereum recently suffered one of its sharpest declines of 2026, dropping more than 20% and briefly testing the $1,500 area. While the sell-off appeared to reflect broader market fears, derivatives and on-chain data suggest a more complex story may be unfolding beneath the surface.
Brutal sell-off: Silver deepens months-long slide, refocusing on $60
Silver has never been known for its calm temperament. The precious metal can spend weeks grinding higher before suddenly giving back months of gains in a matter of days. That volatile reputation has been on full display in recent weeks.
CRYPTOCURRENCIES
Top 3 Price Prediction: BTC consolidates gains, ETH defends support, XRP nears breakout trigger
Bitcoin, Ethereum and Ripple begin the week on a constructive note as the top three cryptocurrencies attempt to extend rebounds after recovering nearly 4%, 2% and 2.6%, respectively. BTC steadies around $65,600, ETH continues to hold firmly above the key $1,700 support, while XRP nears the upper boundary of the falling channel pattern.
Ethereum Price Forecast: ETH struggles below $1,700 amid subdued on-chain users and capital outflows
Ethereum rises, albeit gradually, toward $1,700. The smart contract token reflects a marginal increase in buyers seeking to re-engage at lower price levels, following the massive drawdown from mid-May, which was largely driven by geopolitical tensions in the Middle East and macroeconomic uncertainty.
XRP clings to support as derivatives interest cools
Ripple hangs on to $1.14 support, extending its rebound from its early-week support at $1.10 and June’s low of $1.05. Maintaining this short-term support level is vital for the remittance token to preserve its bullish momentum, with a decisive breakout above $1.20 likely to signal further upside potential.
STOCKS
S&P 500 outlook: Using Elliott Wave analysis to spot key market turning points
In the June 3 update, when the S&P 500 was trading at around $7,570, it was shown, using the Elliott Wave Principle combined with market breadth, that “the weight of the evidence points toward a large-degree decline that could last several months.” Fast-forward to today: the index fell to $7,237 on Tuesday and has since rallied to $7,456. So far, so good.
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: Volatile days ahead, with Fed announcement and war headlines Premium
The US economy has defied the Iran war so far: Can it last?
Gold: Not out of the woods yet despite strong rebound Premium
Experts agree: Bitcoin nears bottom, but weak demand raises doubts
4.2% headline, 0.2% core: Why the Fed's next hike may be targeting the wrong problem Premium
Week ahead – Central bank barrage ahead: Fed, BoJ, RBA, SNB and BoE in focus
Fed meets as strong US data bolster rate hike bets. BoJ expected to hike, intervention risk also in focus. RBA to remain on hold, hawkish message could boost Aussie. BoE to also stand pat, inflation outlook to shape rate path speculation.
EDUCATION
The four-hour strategy that beats chasing the move
In this video, I break down a complete 4-hour strategy built on two moving averages, the 20 SMA and the 200 SMA, and show you exactly how to read the crossover, time your entry, and manage the trade for maximum follow-through.
Why professional traders still use pivot points
In a market environment dominated by AI, algorithms and increasingly complex trading systems, many traders overlook one of the simplest and most effective tools available: Pivot Points.
PRESS RELEASES
NFC Summit 2026 closes its fifth edition with 2,700 attendees and a landmark programme at Unicorn Factory Lisboa
NFC Summit 2026, Europe's largest annual event dedicated to digital art, Web3 culture, and creative communities, has concluded its fifth edition at Unicorn Factory Lisboa in the Beato Innovation District.
Headway World Cup 2026: Headway launches trading competition with $100,000 prize ool
Headway, a global broker, today announced the launch of its Headway World Cup 2026. The company is combining the excitement of football with the energy of trading.
iFX EXPO International brings big industry leaders to the stage
From the 16th to the 18th of June, iFX EXPO International is set to bring together some of the most influential voices in online trading, fintech, payments, liquidity, digital assets and financial services for an agenda built around the industry’s most important conversations.