Financial & Forex Market Recap – June 29, 2026
Technology shares led a Q2-closing equity rebound as the S&P 500 gained roughly 1.45%, while gold fell nearly 1.8% on a renewed U.S.-Iran ceasefire and USD finished broadly lower.
Technology shares led a Q2-closing equity rebound as the S&P 500 gained roughly 1.45%, while gold fell nearly 1.8% on a renewed U.S.-Iran ceasefire and USD finished broadly lower.
Markets: Gold down $72 to $4014 US 10-year yields flat at 4.37% WTI crude oil up $1.31 to $70.54 S&P 500 up 1.3% Nasdaq up 2.0% GBP leads, JPY lags The yen hit a 40-year low on Monday, just as its team was being eliminated in the World Cup after blowing a 1-0 lead to Brazil. The yen was…
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD slipped to 1.2929 before recovering, with intraday price action still seen as range trading. For the day, the pair is expected to stay between 1.2930 and 1.2960. On a 1–3 week horizon, the bank keeps a constructive Dollar view while stressing that a break below 1.2925 would cap recent strength…
2026.06.29 2026.06.29 Short-Term Analysis for Oil, Gold, and EURUSD for 29.06.2026 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. Oil settled below the Gold Zone 2…
The EURUSD has pushed to a fresh session high of 1.1427, breaking above its 200-hour moving average at 1.14236. The move higher comes after buyers successfully defended the 100-hour moving average earlier in the day, helping keep the bullish bias intact following last Thursday’s and Friday’s rallies. Those gains late last week did fade into the close, raising the…
HSBC argues that the Pound is more exposed to downside risks following Prime Minister Starmer’s resignation and the ensuing UK leadership contest. The bank highlights a less supportive macro backdrop, with UK–US 2-year spreads narrowing to near zero, a Bank of England hold at 3.75% expected through year-end, and deteriorating fiscal optics likely weighing on GBP in coming months….
2026.06.29 2026.06.29 Breakout Trading Strategy: Setups Every Trader Should Know Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ A breakout trading strategy is based on the premise that once the price breaks through a key level, it is likely to continue moving in the same direction. These key levels may include trend lines, support and resistance levels, channel boundaries, or chart pattern boundaries. Successful breakout…
Halfway through 2026, it’s time to check whether your trading goals still match your process, performance, and current market reality.
Nasdaq futures are showing a mild bullish repair today, but not a confirmed bullish takeover yet. My blended NQ read is +2 / +10, with medium confidence, because the 30-minute chart shows higher value migration and price remains above the key 29,670 area, but the shorter-term structure shows that buyers have not yet accepted above 29,745-29,760. Key takeaways for…
OCBC’s Sim Moh Siong and Christopher Wong highlight that a more hawkish Federal Reserve and flatter US yield curve have replaced high Oil prices as the main support for the Dollar. Their new forecast sees EUR/USD at 1.11 and USD/JPY at 163 by year-end, with DXY projected to gain 2–3% and low-yielders like the Swiss Franc and Japanese Yen…