Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (May 18, 2026)

2026.05.18 2026.05.18 Short-Term Analysis for Oil, Gold, and EURUSD for 18.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Last week, the euro’s short-term trend turned…

Read more

What are the main events for today?

EUROPEAN SESSION In the European session, as it’s usually the case for Mondays, we don’t have anything on the agenda. Markets will likely stay rangebound or extend the risk-off moves that started on Friday. The focus remains on the US-Iran stalemate as we enter the 12th week since the Strait of Hormuz got closed. Both parties remain adamant on…

Read more

BoE’s Breeden says political uncertainty is hitting the business environment — FT

Bank of England (BoE) Deputy Governor Sarah Breeden warned that political uncertainty is hitting the business environment and cautioned that the UK central bank should not be “trigger happy” when adjusting interest rates, the Financial Times reported on Monday. Key quotes Political uncertainty is hitting the business environment. BoE should avoid being ‘trigger happy’ on rates. Market reaction At…

Read more

China April data misses badly, Iran war and weak demand weigh. Retail sales growth plunge.

China’s April retail sales rose just 0.2%, the weakest since 2022, while industrial output grew only 4.1%, badly missing forecasts, as the Iran war and sluggish domestic demand weighed. Summary: China’s National Bureau of Statistics reported April industrial output growth of 4.1% year-on-year, down from 5.7% in March and well below the 5.9% forecast, while retail sales rose just…

Read more

UK housing prices rise but employer confidence stays near record low

UK asking prices rose 1.2% in May, above seasonal norms, while a separate survey showed British employer confidence near record lows with pay awards set to lag inflation. Summary: Rightmove reported UK asking prices rose 1.2% month-on-month in May, above the typical 1.0% seasonal increase, while the average two-year fixed mortgage rate eased to 5.18% from 5.42% a month…

Read more