
USD Pullback Put on Ice as Bulls Eye 99, AUD/USD Bears Sharpen Their Claws
The US dollar extends its rally towards 99 as rising inflation pressures revive Fed hike bets, while AUD/USD risks a bearish wedge breakdown.
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The US dollar extends its rally towards 99 as rising inflation pressures revive Fed hike bets, while AUD/USD risks a bearish wedge breakdown.

Crude Oil Weekly Outlook: US–Iran proposals remain misaligned, choking what could become the largest supply shock in history in terms of inventories and flows. This continues to support WTI and Brent in bullish territory, holding above $93 and $100, respectively.

Razan Hilal, Market Analyst at FOREX.com, analyzes crude oil price volatility as U.S.-Iran negotiations drive rapid sentiment shifts and technical reversals. Prices dropped sharply on optimism around a potential deal, only to rebound as uncertainty over the Strait of Hormuz and ongoing disruptions resurfaced. She outlines the key levels traders are watching and what could confirm either a deeper selloff or a renewed bullish trend.

Traders and economists expect the Fed to hold interest rates in the 3.50-3.75% range, but the biggest question is whether FOMC Chairman Jerome Powell will stay on the Federal Reserve’s board.

Bitcoin and Nasdaq price outlook: Risk appetite remains on hold as markets continue to assess the supply chain risks tied to the Strait of Hormuz, which are still present and building ahead of next week’s FOMC meeting. Bitcoin holds above 76,000, while the Nasdaq is holding near 26,600.

Crude oil markets are at a critical technical inflection point as price structure begins to outweigh geopolitical headlines around the Strait of Hormuz. Razan Hilal, Market Analyst at FOREX.com, breaks down the key resistance and support levels shaping bullish and bearish scenarios, and what traders should watch next as volatility builds across energy markets.

Crude Oil Weekly Outlook: Hormuz headlines remain noise, while price action stays in focus as traders navigate sharp volatility swings driven by shifting developments between the US, Iran, and Lebanon. The $76–75 zone remains a critical support level.

USDJPY, Nasdaq Price Outlook: Is the ceasefire already priced in after a 16% surge in the Nasdaq to new record highs and a 2.8% drop in the DXY toward the 98 support level from yearly extremes? Key levels remain in focus beyond headline noise.

GBPUSD, DXY Price Outlook Will Hormuz inflation risks trigger a breakout this week following the sharp surge in US CPI and escalating tensions between the US and Iran after a stalemate in weekend negotiations?

Crude oil, indices price outlook: Negotiations and Hormuz risks are supporting rebounds across both crude oil and US indices, as the US, Iran, and Israel continue to search for a resolution to the conflict. The US CPI release today is another key catalyst, reflecting the inflationary impact of ongoing tensions.

EURUSD, DXY Price Outlook: A fragile ceasefire continues to reinforce the risk premium across global markets, particularly through higher-for-longer crude oil price concerns. However, caution remains warranted, as a tangible and lasting ceasefire solution is still not in sight

Crude oil prices dropped sharply as geopolitical risk premium unwinds, with markets reacting to easing Middle East tensions and shifting supply expectations. Razan Hilal, Market Analyst at FOREX.com, breaks down the key technical levels now driving crude oil, including critical support zones and upside scenarios tied to renewed conflict escalation.

Bitcoin, Gold price outlook: Markets are trading the pause in escalation following the two-week ceasefire agreement between the US, Israel, and Iran. While gold is testing the 4800 resistance, Bitcoin remains capped below 75,000, keeping the broader market outlook cautious.
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