The oil market has gradually adjusted to the shock and has been hoping for a quick US-Iran deal. However, clashes between the opposing sides continue, and the conflict between Israel and Hezbollah risks exacerbating the situation. As a result, Brent.
The escalation in the Middle East is strengthening the dollar, increasing the likelihood of a Fed rate hike and pushing USDJPY towards 160, thereby heightening the risk of Japan's currency intervention.
June 3, 2026 Crypto Review
Crypto sinks 5% as fear hits 11 and BTC slips below $65.5K, with ETF outflows, whale pressure and renewed MtGox activity fuelling sell-off fears.
GBPJPY: ⬆️ Buy – GBPJPY broke resistance level 215.00 – Likely to rise to resistance level 216.50 GBPJPY currency pair recently broke the resistance area between the resistance level 215.00 (which stopped the previous waves (b) and i) and the 61.8% Fibonacci.
Platinum : ⬆️ Buy – Platinum reversed from strong support level 1870.00 – Likely to rise to resistance level 2140.00 Platinum recently reversed from the support area between the strong support level 1870.00 (which has been reversing the price from February), 61.8%.
June 2, 2026 Crypto Review
Bitcoin accelerated its decline towards $69K amid a record outflow from crypto funds and Strategy’s first BTC sale since 2022, heightening fears among large holders.
📈 The S&P 500 continues its relentless climb, delivering its strongest two-month performance since 2020 and extending its winning streak to nine consecutive weeks. Historically, rallies of this magnitude have often been followed by even stronger gains through the remainder of the year.
EURNZD: ⬆️ Buy – EURNZD reversed from support area – Likely to rise to resistance level 1.9700 EURNZD currency pair recently reversed from the support area between the strong support level 1.9535 (which has been reversing the price from August) and the.
Bitcoin: ⬇️ Sell – Bitcoin broke support area – Likely to fall to support level 65000.00 Bitcoin cryptocurrency recently broke the support area between the round support level 70000.00 and the support trendline of the daily up channel from February. The breakout.
The S&P 500 rally is being fuelled by a strong US economy, demand for chipmaker shares and hopes of a Fed rate cut. Goldman Sachs has raised its target for the end of 2026 to 8,000.
Rumours of a breakdown in US-Iran negotiations supported the dollar, while strong US data boosted demand. Rising USDJPY increases the risk of currency intervention in Japan.
CHFJPY: ⬇️ Sell – CHFJPY reversed from resistance area – Likely to fall to support level 202.00 CHFJPY currency pair recently reversed down from the resistance area between the strong resistance level 204.00 (which has been reversing the price from March) and.