Powell is out. Kevin Warsh runs the Fed now. The next decision is June 16. Here is what that leadership change actually means for rate cuts, the US dollar, and gold prices.
Fed Interest Rate Decision 2026: Powell Is Out, Warsh Is In, and Markets Are Repricing Everything
The Dow hit an all-time high of 51,370 then dropped 1,151 points in two days. Here is what caused it, where the DJI heads next, and how Australian traders position around it.
Dow Jones Forecast 2026: Record High, Then a 1,151-Point Drop in Two Days. Here Is What Is Actually Going On

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SpaceX prices IPO at $135 per share in preparation for record $75 billion offeringElon Musk’s SpaceX has officially set its initial public offering at a price of $135 per share on Thursday, setting projections of a $75 billion raise in the largest stock market debut in history and valuing Elon Musk’s rocket and satellite company at almost $1.77 trillion. The offering eclipses Saudi Aramco’s December 2019 IPO, which...
Author  Cryptopolitan
1 hour ago
Elon Musk’s SpaceX has officially set its initial public offering at a price of $135 per share on Thursday, setting projections of a $75 billion raise in the largest stock market debut in history and valuing Elon Musk’s rocket and satellite company at almost $1.77 trillion. The offering eclipses Saudi Aramco’s December 2019 IPO, which...
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ECB raises rates for first time since 2023 as Iran war drives inflation higherOn Thursday, the European Central Bank increased its deposit rate by 25 basis points to 2.25% in its first rate hike since September 2023. The escalation of the war in the Middle East sent inflation within the eurozone significantly above the bank’s target of 2%. The ECB has become the first major central bank to...
Author  Cryptopolitan
1 hour ago
On Thursday, the European Central Bank increased its deposit rate by 25 basis points to 2.25% in its first rate hike since September 2023. The escalation of the war in the Middle East sent inflation within the eurozone significantly above the bank’s target of 2%. The ECB has become the first major central bank to...
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Oil Falls As Trump Cancels Iran Strikes, But Can Bitcoin Reach $64,000?President Donald Trump said he canceled the strikes planned against Iran on Thursday evening, announcing a deal approved at the highest level of Iranian leadership and backed by 11 regional and allied
Author  Beincrypto
1 hour ago
President Donald Trump said he canceled the strikes planned against Iran on Thursday evening, announcing a deal approved at the highest level of Iranian leadership and backed by 11 regional and allied
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Silver Price is Down Nearly 50% from Record High, and This Trendline is the Last DefenseSilver (XAG) closed below its 200-day moving average on June 9 for the first time since April 2025. Silver price now trades near $64 after falling about 47% from its January all-time high (ATH) of $12
Author  Beincrypto
1 hour ago
Silver (XAG) closed below its 200-day moving average on June 9 for the first time since April 2025. Silver price now trades near $64 after falling about 47% from its January all-time high (ATH) of $12

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Trading Analysis

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WTI

Intraday

Intraday: watch 84.50.

Our preference

short positions below 88.90 with targets at 84.50 & 82.50 in extension.

36 mins ago

USD/JPY

Intraday

Intraday: caution.

Our preference

short positions below 160.35 with targets at 160.00 & 159.85 in extension.

38 mins ago

GBP/USD

Intraday

Intraday: watch 1.3435.

Our preference

long positions above 1.3375 with targets at 1.3435 & 1.3460 in extension.

41 mins ago

EUR/USD

Intraday

Intraday: bullish bias above 1.1545.

Our preference

long positions above 1.1545 with targets at 1.1600 & 1.1620 in extension.

45 mins ago

WTI

Intraday

Intraday: key resistance at 88.90.

Our preference

short positions below 88.90 with targets at 84.50 & 82.50 in extension.

2 hours ago

Silver

Intraday

Intraday: the bias remains bullish.

Our preference

long positions above 65.80 with targets at 68.80 & 70.10 in extension.

2 hours ago

Gold

Intraday

Intraday: the bias remains bullish.

Our preference

long positions above 4160 with targets at 4270 & 4315 in extension.

2 hours ago

Ethereum

Intraday

Intraday: the bias remains bullish.

Our preference

long positions above 1635 with targets at 1690 & 1714 in extension.

2 hours ago

Bitcoin

Intraday

Intraday: the upside prevails.

Our preference

long positions above 62290 with targets at 64200 & 65200 in extension.

3 hours ago

USD/JPY

Intraday

Intraday: the downside prevails.

Our preference

short positions below 160.35 with targets at 159.85 & 159.65 in extension.

3 hours ago
Data Source: Trading Central*
Data Source: Trading Central*

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