The Fed may return to rate cuts. The ECB is expected to hike in June. USDJPY near 160: Japan ready to intervene. Gold retreats as yields rise.
Today is June 1st, and we're going to discuss the outlook for the Euro exchange rate for the summer of 2026.
Let's take a look at the charts.
Gold bounced off $4,400, holding the 200-day average. Conditions look more balanced than in March; a break lower opens the way to $4,000–4,100.
AUDUSD: ⬆️ Buy – AUDUSD reversed from support area – Likely to rise to resistance level 0.7265 AUDUSD currency pair recently reversed from the support area between the key support level 0.7100 (which has been reversing the price from the end of.
Sony: ⬇️ Sell – Sony reversed from resistance level 23.00 – Likely to fall to support level 21.00 Sony recently reversed down from the resistance area between the pivotal resistance level 23.00 (which has been reversing the price from February), 50% Fibonacci.
The dollar rallied on the escalation, then retreated on news of a US–Iran ceasefire. The ECB to hike in June, the Fed on hold. Monetary divergence weighs on the dollar.
WTI crude oil: ⬇️ Sell – WTI crude broke support area – Likely to fall to support level 80.00 WTI crude oil recently broke the support area between the support level 87.15 (low of the previous correction a) and the support.
Zcash : ⬇️ Sell – Zcash reversed from resistance area – Likely to fall to support level 500.00 Zcash cryptocurrency recently reversed down from the resistance area between the resistance level 674.00 (which has been reversing the price from last November) and the.
May 29, 2026 Crypto Review
The crypto market has rebounded slightly following the downturn but remains weak: Bitcoin is hovering around $73K, whilst the risk of a drop to $65K–$67K persists amid outflows and a worrying news backdrop.tags
Coca Cola: ⬇️ Sell – Coca Cola reversed from resistance area – Likely to fall to support level 80.00 and 79.00. Coca Cola recently reversed down from the resistance area between the resistance level 81.60, which stopped the previous impulse.
MGM: ⬆️ Buy – MGM broke resistance zone – Likely to rise to resistance level 44.00 MGM recently broke the resistance zone lying at the intersection of the key resistance level 40.50, which stopped the previous impulse wave i at.
Welcome to Pro News Weekly!
💵 The U.S. dollar regains strength as renewed uncertainty surrounding the fragile US–Iran truce pushes investors back toward safe-haven assets.