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EXCELLENT JOB ON CALLING GOLD!!!
You guys are doing great...

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Update Time: 05 Jun 2026 18:47GMT

INTRA-DAY AUD/USD OUTLOOK - +0.7070+








Rate: +0.7070+
Strategy: +Target met+
Position: Short at 0.7200
Objective: 0.7070
Stop-Loss:
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MARKET REVIEW ON 31 May 2026 20:14 GMT

Dollar set for weekly loss amid US-Iran ceasefire deal

The following currency report was taken from LSEG : 
 
The dollar slipped against major currencies on Friday and was headed for a second straight weekly loss after reports that the United States and Iran had reached an agreement to extend their ceasefire and ease restrictions on shipping through the Strait of Hormuz. 
 
U.S. President Donald Trump said he would make a final decision on Friday on a deal to prolong the truce with Iran. The proposed agreement would extend the ceasefire by 60 days and allow traffic to resume through the strategic water ...
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MARKET MOVING NEWS

  
All times in GMT    
1 Jun 2026 18:39 Continues from previous update... 
 
"I think we've been talking too much if you want to know the truth. I think going silent would be very good, and that could be for a long time," he told NBC. 
 
A suspension in negotiations would not mean the U.S. would start bombing Iran, Trump told the network, add.....
1 Jun 2026 18:38 USD/MAJORS... LSEG earlier reported U.S. President Donald Trump said on Monday that talks with Iran were ongoing, despite a report that Tehran had suspended indirect negotiations with the United States to end hostilities. 
 
"Talks are continuing, at a rapid pace, with the Islamic Republic of Iran," T.....
1 Jun 2026 18:22 USD/MAJORS... LSEG earlier reported two explosions struck a cargo vessel in the Gulf about 40 nautical miles southeast of Iraq's Umm Qasr, one of which was caused by a drone attack, Iraqi officials said on Monday. 
 
Earlier, the United Kingdom Maritime Trade Operations (UKMTO) said the vessel had bee.....
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ECONOMIC INDICATORS FOR 05/06/2026

All times in GMT    
Time Country Indicator Actual Forecast Range Previous Revised
2330 Japan All Household Spending YY-Apr -0.5% -1.5% -2.7/1.1 -2.9%
2330 Japan All Household Spending MM-Apr 1.6% 0.8% -0.5/1.8 -1.3%
0500 Japan Coincident Index - Apr 1.1 N/A N/A 0.3 0.3
0500 Japan Leading Indicator - Apr 0.5 N/A N/A 0.8
0600 U.K. Halifax House Prices MM - May -0.1% 0.1% 0.0/0.2 -0.1%
0600 U.K. Halifax House Prices YY - May 0.5% 1.0% 0.9/1.1 0.4%
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DAILY MARKET OUTLOOK

Update Time: 27 Mar 2025 05:28 GMT

EUR/USD - 1.0779

Despite euro's rise to a 5-month peak of 1.0954 last Tue, loss of momentum and subsequent fall to 1.0778 Tue, then to 1.0745 in New York yesterday on renewed usd's strength suggests a temporary top is made and intra-day rebound would yield consolidation before prospect of another fall towards 1.0720/25, 1.0677/80.  
  
On the upside, a daily close above 1.0820/30 would risk stronger retracement to 1.0858/61, break, 1.0890/95 later.
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WHY AceTrader?

20 years of history in providing forex market analysis and trading recommendations to institutional traders
True 24 hours real-time analysis for up-to-the-minute recommendations and analysis
Forecasting methodology used by professionals
Verifiable performance track record in our recommendations
Specially designed packages for forex traders of different styles and requirements
 
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DAILY USD/JPY TECHNICAL OUTLOOK

All times in GMT    
Last Update At 01/11/2023 02:25 GMT
Trend Daily Chart Daily Indicators 21 HR EMA 55 HR EMA
Up Bearish divergence 151.06 150.48
Trend Hourly Chart Hourly Indicators 13 HR RSI 14 HR DMI
Up Easing fm overbought 60 +ve
Daily Analysis
One more rise b4 correction
Resistance Support
152.20 - Equality of 147.38-150.77 fm 148.81
151.94 - Oct 2022 32-year high
151.72 - Tue's fresh 1-year high
151.07 - Hourly chart
150.64 - Tue's NY low
150.08 - Tue's European low
USD/JPY - 151.25..Dlr found buying interest at 149.03 in Aust. on Tue n price jumped to 150.10 in Asia on BOJ's dovish hold. The pair later rallied to a fresh 1-year 151.72 peak in NY on rally in US yields b4 retreating. . On the bigger picture, dlr's spectacular rally fm 2011 historic 75.32 low (Mar) due to coordinated yen-selling intervention by G7 central banks to weaken the yen in th.....
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charts offered by ProRealTime.com
 
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WHO WE ARE

AceTrader provides "up-to-the-minute" financial market commentaries and foreign exchange trading recommendations round the clock.

AceTrader is the internet operation of Trendsetter, a global specialist data provider who has been providing its users with real time commentaries and trading recommendations focusing on the foreign exchange market for over 20 years. A dedicated team 7 Analysts monitor the market and update recommendations and commentaries 20 hours a day.

Our coverage includes 20 different instruments with a primary focus on the foreign exchange market and Gold & Silver.

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