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𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.🔵 𝗙𝗢𝗥𝗘𝗫 𝗢𝗨𝗧𝗟𝗢𝗢𝗞 – 𝗧𝗵𝘂𝗿𝘀𝗱𝗮𝘆 𝟭𝟴 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗 (𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱)𝗔𝗦𝗜𝗔 𝗦...
18/06/2026

𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.

🔵 𝗙𝗢𝗥𝗘𝗫 𝗢𝗨𝗧𝗟𝗢𝗢𝗞 – 𝗧𝗵𝘂𝗿𝘀𝗱𝗮𝘆 𝟭𝟴 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)
𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗 (𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱)

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Flows will remain cautious and position‑driven ahead of European and US data. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 is likely to hold a firm base above 12,670, supported by Powell’s balanced tone. 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁 will stay capped by yield differentials, though official warnings near key levels will limit sharp declines. 𝗫𝗔𝗨/𝗨𝗦𝗗 should trade between 4,320–4,365; safe‑haven demand will offset upward pressure on real yields. 𝗨𝗦𝗗/𝗝𝗣𝗬 will coil around 160.00; a break above 160.50 will trigger heightened intervention risk. Majors will range: 𝗘𝗨𝗥/𝗨𝗦𝗗 1.1560–1.1610, 𝗚𝗕𝗣/𝗨𝗦𝗗 1.3370–1.3420, 𝗔𝗨𝗗/𝗨𝗦𝗗 0.7040–0.7080.

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Volatility will rise on UK retail sales and final Eurozone inflation. 𝗘𝗨𝗥/𝗨𝗦𝗗 will test 1.1620 if data beats, or fall toward 1.1550 if soft; ECB on hold removes directional momentum. 𝗚𝗕𝗣/𝗨𝗦𝗗 will react sharply to retail prints; a strong reading will lift toward 1.3450, while a miss will push it back below 1.3350. 𝗨𝗦𝗗/𝗝𝗣𝗬 will stay sensitive to yield moves; verbal warnings will increase if it approaches 160.50. 𝗫𝗔𝗨/𝗨𝗦𝗗 will look for a catalyst above 4,370; geopolitical hedging will remain a supporting factor. Crosses will follow legs: 𝗚𝗕𝗣/𝗝𝗣𝗬 214.30–215.50, 𝗘𝗨𝗥/𝗝𝗣𝗬 185.40–186.30.

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Focus will shift to housing starts, building permits, and flash PMIs. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 will attempt to recover toward 12,720 if data firm, or slip to 12,650 if weak. 𝗨𝗦𝗗/𝗝𝗣𝗬 will settle within intervention‑aware ranges. 𝗫𝗔𝗨/𝗨𝗦𝗗 will consolidate into the close; yields will cap gains unless risk aversion spikes. 𝗨𝗞𝟭𝟬𝟬 will trade 7,520–7,590, driven by global rates and earnings expectations.

𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Neutral‑Bullish – Yield advantage intact; policy clarity limited
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Neutral‑Bearish – Divergence remains; rhetoric only slows pace
• 𝗫𝗔𝗨/𝗨𝗦𝗗: Neutral‑Bullish – Hedge demand vs. yields in balance
• 𝗨𝗦𝗗/𝗝𝗣𝗬: Bullish – Upward structure; 160.50+ raises official response risk
• 𝗘𝗨𝗥/𝗨𝗦𝗗: Neutral – Range‑bound; no new ECB signal
• 𝗚𝗕𝗣/𝗨𝗦𝗗: Neutral – Data‑driven; direction follows USD
• 𝗚𝗕𝗣/𝗝𝗣𝗬: Bullish – Correlated to USD/JPY; GBP resilient
• 𝗔𝗨𝗗/𝗨𝗦𝗗: Neutral – Commodity support vs. USD strength offset
• 𝗔𝗨𝗗/𝗝𝗣𝗬: Neutral‑Bullish – JPY weakness dominant driver
• 𝗘𝗨𝗥/𝗝𝗣𝗬: Neutral – Sideways; limited impulse
• 𝗨𝗞𝟭𝟬𝟬: Neutral – Range‑bound; rates vs. earnings tug‑of‑war

𝗞𝗘𝗬 𝗙𝗢𝗖𝗨𝗦:
• UK retail sales reaction and GBP follow‑through
• US housing data and flash PMIs
• M*F/BoJ remarks near 160.50
• Geopolitical headlines in Middle East/Asia
• Real‑yield moves ahead of next week’s inflation prints

𝗜𝗜. 𝗞𝗘𝗬 𝗙𝗨𝗡𝗗𝗔𝗠𝗘𝗡𝗧𝗔𝗟𝗦 – 𝗧𝗵𝘂𝗿𝘀𝗱𝗮𝘆 𝟭𝟴 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗕𝗦𝗧)

Impact Rating: 🔴 = High Impact • 🟠 = Medium Impact • 🟡 = Low Impact | Forecast / Previous — sourced Forex Factory

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟬:𝟬𝟬 – 𝟬𝟳:𝟬𝟬 𝗕𝗦𝗧
• 01:30 🟡 𝗔𝗨𝗗 – RBA Assist Governor Speech: Will offer policy guidance / — / —
• 04:00 🟡 𝗝𝗣𝗬 – BoJ Board Member Speech: Will reinforce gradualism / — / —
• 06:00 🟡 𝗖𝗡𝗬 – House Price Index: +0.2% m/m / +0.1% – Modest support for risk tone

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟳:𝟬𝟬 – 𝟭𝟮:𝟬𝟬 𝗕𝗦𝗧
• 07:00 🔴 𝗚𝗕𝗣 – Retail Sales (MoM): +0.3% / -0.4% – Will set early GBP direction
• 09:00 🟠 𝗘𝗨𝗥 – Final CPI (YoY): +2.1% / +2.1% – Confirmation only, low surprise risk
• 10:30 🟡 𝗚𝗕𝗣 – BoE Credit Survey Follow‑up: No policy shift expected

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟭𝟮:𝟬𝟬 – 𝟮𝟮:𝟬𝟬 𝗕𝗦𝗧
• 13:30 🟠 𝗨𝗦𝗗 – Building Permits: 1.42M / 1.41M – Expected mild improvement
• 13:30 🟠 𝗨𝗦𝗗 – Housing Starts: 1.38M / 1.36M – Will shape USD sentiment
• 14:45 🔴 𝗨𝗦𝗗 – Flash Services & Manufacturing PMIs: 52.2 / 52.4 – Will set risk tone
• 19:00 🟠 𝗨𝗦𝗗 – Fed Governor Waller Speech: Likely balanced, no new timeline

𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗜𝗠𝗣𝗔𝗖𝗧:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Will remain supported if PMIs hold; housing data may soften momentum
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Will stay on the defensive unless intervention language sharpens
• 𝗘𝗨𝗥/𝗨𝗦𝗗: Will react only to large misses/beats; range likely to persist
• 𝗨𝗦𝗗/𝗝𝗣𝗬: Will extend higher if yields rise; capped by official warnings
• 𝗫𝗔𝗨/𝗨𝗦𝗗: Will rise if PMIs disappoint; fall if activity prints firm
• 𝗚𝗕𝗣/𝗨𝗦𝗗: Will swing on retail sales; strong print tests 1.3480, weak below 1.3340
• 𝗚𝗕𝗣/𝗝𝗣𝗬: Will follow GBP/USD and USD/JPY combined moves
• 𝗔𝗨𝗗/𝗨𝗦𝗗: Will hold near term; China property data limits downside
• 𝗔𝗨𝗗/𝗝𝗣𝗬: Will drift higher as JPY weakens further
• 𝗘𝗨𝗥/𝗝𝗣𝗬: Will trade sideways; no major catalyst
• 𝗨𝗞𝟭𝟬𝟬: Will react to rates and retail; range bound without fresh news

𝗜𝗜𝗜. 𝗖𝗢𝗥𝗥𝗘𝗟𝗔𝗧𝗜𝗢𝗡 𝗖𝗛𝗘𝗖𝗞

Bias Rating: 🟢 = Aligned Bullish • 🔴 = Aligned Bearish • 🟡 = Mixed / Sideways

• 𝗨𝗦𝗗/𝗝𝗣𝗬: 🟢 Bullish – Yield spread + trend remain aligned
• 𝗚𝗕𝗣/𝗝𝗣𝗬: 🟢 Bullish – Strong positive correlation to USD/JPY
• 𝗔𝗨𝗗/𝗝𝗣𝗬: 🟢 Bullish – Same JPY weakness as key driver
• 𝗘𝗨𝗥/𝗝𝗣𝗬: 🟡 Mixed – ECB neutrality vs. USD strength
• 𝗫𝗔𝗨/𝗨𝗦𝗗: 🟡 Mixed – Inverse yield vs. safe‑haven demand
• 𝗘𝗨𝗥/𝗨𝗦𝗗: 🟡 Mixed – No fresh divergence signal
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 / 𝗗𝗫𝗬: 🟡 Mixed – Data‑dependent, no clear breakout
• 𝗨𝗞𝟭𝟬𝟬: 🟡 Mixed – Rates headwind vs. earnings support

𝗜𝗩. 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗕𝗜𝗔𝗦 & 𝗟𝗘𝗩𝗘𝗟𝗦

(Derived from H4 / M15 structure)

🟢 𝗨𝗦𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 160.50, 161.20
• Support: 159.50, 158.80

🟢 𝗚𝗕𝗣/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 215.50, 216.20
• Support: 214.20, 213.50

🟡🟢 𝗔𝗨𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 113.70, 114.30
• Support: 112.70, 112.00

🟡🟢 𝗫𝗔𝗨/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 4,370, 4,400
• Support: 4,310, 4,270

🟡 𝗘𝗨𝗥/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 1.1630, 1.1680
• Support: 1.1560, 1.1510

🟡 𝗚𝗕𝗣/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 1.3440, 1.3500
• Support: 1.3360, 1.3300

🟡 𝗔𝗨𝗗/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 0.7090, 0.7140
• Support: 0.7030, 0.6980

🟡 𝗘𝗨𝗥/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 186.50, 187.10
• Support: 185.20, 184.50

🟡 𝗨𝗞𝟭𝟬𝟬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 7,600, 7,650
• Support: 7,510, 7,460

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
No information or opinion contained in this report should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is not indicative of future results.

𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.🔵 𝗙𝗢𝗥𝗘𝗫 𝗥𝗲𝘃𝗶𝗲𝘄 – 𝗪𝗲𝗱𝗻𝗲𝘀𝗱𝗮𝘆 𝟭𝟳 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡Cauti...
17/06/2026

𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.

🔵 𝗙𝗢𝗥𝗘𝗫 𝗥𝗲𝘃𝗶𝗲𝘄 – 𝗪𝗲𝗱𝗻𝗲𝘀𝗱𝗮𝘆 𝟭𝟳 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)
𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Cautious risk tone prevailed; flows thin ahead of US data & Fed speak. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 consolidated 12,670–12,700, holding post‑FOMC gains. 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁 capped at 5,090; yield gap kept pressure intact. 𝗫𝗔𝗨/𝗨𝗦𝗗 traded 4,320–4,350, safe‑haven bids offsetting real yield lift. 𝗨𝗦𝗗/𝗝𝗣𝗬 coiled 159.60–160.10; intervention chatter slowed momentum near 160.00. Majors quiet: 𝗘𝗨𝗥/𝗨𝗦𝗗 1.1580–1.1605, 𝗚𝗕𝗣/𝗨𝗦𝗗 1.3385–1.3410, 𝗔𝗨𝗗/𝗨𝗦𝗗 0.7050–0.7075.

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Volatility rose on ECB Bulletin & early US claims. 𝗘𝗨𝗥/𝗨𝗦𝗗 dipped to 1.1572 then rebounded to 1.1595; policy unchanged, inflation steady. 𝗚𝗕𝗣/𝗨𝗦𝗗 tested 1.3370 support, recovered on firm earnings carryover. 𝗨𝗦𝗗/𝗝𝗣𝗬 touched 160.35 before retreating; M*F verbal warnings near 160.50. 𝗫𝗔𝗨/𝗨𝗦𝗗 spiked to 4,365 on geopolitical hedging, pulled back to 4,345. Crosses: 𝗚𝗕𝗣/𝗝𝗣𝗬 214.50–215.00, 𝗘𝗨𝗥/𝗝𝗣𝗬 185.60–186.00 tracked USD moves.

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Jobless claims & Philly Fed out, Powell speech in focus. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 recovered to close 12,692; mixed data kept range intact. 𝗨𝗦𝗗/𝗝𝗣𝗬 settled 160.28, holding above 160.00. 𝗫𝗔𝗨/𝗨𝗦𝗗 held 4,340–4,350; yields edged higher capping topside. Indices soft: 𝗨𝗞𝟭𝟬𝟬 7,530–7,565, no strong domestic impulse.

𝗥𝗘𝗦𝗨𝗟𝗧𝗦 / 𝗢𝗨𝗧𝗟𝗢𝗢𝗞:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Neutral‑Bullish – Yield advantage holds; data mixed, geopolitical demand steady
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Neutral‑Bearish – Policy divergence dominant; rhetoric only slows falls
• 𝗫𝗔𝗨/𝗨𝗦𝗗: Neutral‑Bullish – Safe‑haven vs. yields balanced; breakout pending catalyst
• 𝗨𝗦𝗗/𝗝𝗣𝗬: Bullish – Structure higher; 160.50+ triggers official action risk
• 𝗘𝗨𝗥/𝗨𝗦𝗗: Neutral – Range 1.1560–1.1630; ECB on hold removes catalyst
• 𝗚𝗕𝗣/𝗨𝗦𝗗: Neutral – Thin UK data; direction set by USD flow
• 𝗚𝗕𝗣/𝗝𝗣𝗬: Bullish – Correlated to USD/JPY; GBP leg steady
• 𝗔𝗨𝗗/𝗨𝗦𝗗: Neutral – Commodity support vs. USD strength net flat
• 𝗔𝗨𝗗/𝗝𝗣𝗬: Neutral‑Bullish – JPY weakness outweighs soft China prints
• 𝗘𝗨𝗥/𝗝𝗣𝗬: Neutral – Sideways; ECB neutrality caps moves
• 𝗨𝗞𝟭𝟬𝟬: Neutral – Range‑bound; rates headwind vs. corporate earnings offset

𝗞𝗘𝗬 𝗙𝗢𝗖𝗨𝗦:
• Powell’s remarks on inflation/cut timeline
• BoJ/M*F response above 160.50
• US housing data tomorrow
• Middle East/Asia geopolitical hedging flows
• Cross‑asset correlation shift ahead of PMIs

𝗜𝗜. 𝗞𝗘𝗬 𝗙𝗨𝗡𝗗𝗔𝗠𝗘𝗡𝗧𝗔𝗟𝗦 – 𝗪𝗲𝗱𝗻𝗲𝘀𝗱𝗮𝘆 𝟭𝟳 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗕𝗦𝗧)

Impact Rating: 🔴 = High Impact • 🟠 = Medium Impact • 🟡 = Low Impact | Actual / Forecast / Previous — sourced Forex Factory

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟬:𝟬𝟬 – 𝟬𝟳:𝟬𝟬 𝗕𝗦𝗧
• 01:50 🟡 𝗝𝗣𝗬 – BoJ Summary of Opinions: Reaffirms gradual tightening / — / —
• 04:30 🟡 𝗖𝗡𝗬 – Fixed Asset Investment: +5.1% / +5.3% / +5.4% – Mild miss, no sharp AUD hit
• 05:00 🟡 𝗖𝗡𝗬 – Retail Sales: +3.7% / +3.9% / +4.1% – Soft but within tolerance

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟳:𝟬𝟬 – 𝟭𝟮:𝟬𝟬 𝗕𝗦𝗧
• 08:00 🟠 𝗘𝗨𝗥 – ECB Economic Bulletin: Repeats data‑dependent hold / — / —
• 09:00 🟡 𝗘𝗨𝗥 – Final CPI (YoY): 2.1% / 2.1% / 2.1% – Confirmation only
• 11:30 🟡 𝗚𝗕𝗣 – BoE Credit Conditions Survey: Modest tightening / — / —

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟭𝟮:𝟬𝟬 – 𝟮𝟮:𝟬𝟬 𝗕𝗦𝗧
• 13:30 🔴 𝗨𝗦𝗗 – Initial Jobless Claims: 239K / 238K / 235K – Slight rise, no major shift
• 13:30 🔴 𝗨𝗦𝗗 – Philly Fed Manufacturing: -2.7 / -2.1 / -1.8 – Weaker than forecast
• 15:00 🟠 𝗨𝗦𝗗 – Existing Home Sales: 4.10M / 4.12M / 4.15M – Minor cooling
• 16:00 🔴 𝗨𝗦𝗗 – Fed Chair Powell Speech: Balanced, no clear cut timeline / — / —

𝗜𝗠𝗣𝗔𝗖𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Bid held but stalled; soft manufacturing vs. tight labour keeps uncertainty high
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Pressure sustained; yield gap still dominant despite verbal warnings
• 𝗘𝗨𝗥/𝗨𝗦𝗗: Stabilised; no policy change removes catalyst, range intact
• 𝗨𝗦𝗗/𝗝𝗣𝗬: Trend extended; proximity to intervention zone increases sensitivity
• 𝗫𝗔𝗨/𝗨𝗦𝗗: Bounce held; safe‑haven flows offset real yield lift
• 𝗚𝗕𝗣/𝗨𝗦𝗗: Sideways; no domestic data to drive break
• 𝗚𝗕𝗣/𝗝𝗣𝗬: Bullish outperformer; dual leg strength clear
• 𝗔𝗨𝗗/𝗨𝗦𝗗: Soft capped; China data cools demand outlook
• 𝗔𝗨𝗗/𝗝𝗣𝗬: Bias higher; JPY weakness far outweighs AUD headwinds
• 𝗘𝗨𝗥/𝗝𝗣𝗬: Range‑bound; ECB neutrality limits drive
• 𝗨𝗞𝟭𝟬𝟬: Flat; yields headwind vs. earnings support net neutral

𝗜𝗜𝗜. 𝗖𝗢𝗥𝗥𝗘𝗟𝗔𝗧𝗜𝗢𝗡 𝗖𝗛𝗘𝗖𝗞

Bias Rating: 🟢 = Aligned Bullish • 🔴 = Aligned Bearish • 🟡 = Mixed / Sideways

• 𝗨𝗦𝗗/𝗝𝗣𝗬: 🟢 Bullish – Yield spread + trend structure aligned
• 𝗚𝗕𝗣/𝗝𝗣𝗬: 🟢 Bullish – Strong positive correlation to USD/JPY
• 𝗔𝗨𝗗/𝗝𝗣𝗬: 🟢 Bullish – Same JPY driver dominant
• 𝗘𝗨𝗥/𝗝𝗣𝗬: 🟡 Mixed – ECB neutrality vs. USD strength
• 𝗫𝗔𝗨/𝗨𝗦𝗗: 🟡 Mixed – Safe‑haven vs. yield inverse near balance
• 𝗘𝗨𝗥/𝗨𝗦𝗗: 🟡 Mixed – Divergence steady, no new impulse
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 / 𝗗𝗫𝗬: 🟡 Mixed – Firm vs. soft data tug‑of‑war
• 𝗨𝗞𝟭𝟬𝟬: 🟡 Mixed – Rates headwind vs. earnings support

𝗜𝗩. 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗕𝗜𝗔𝗦 & 𝗟𝗘𝗩𝗘𝗟𝗦

(Derived from H4 / M15 timeframes)

🟢 𝗨𝗦𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 160.50, 161.20
• Support: 159.50, 158.80

🟢 𝗚𝗕𝗣/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 215.40, 216.10
• Support: 214.20, 213.50

🟡🟢 𝗔𝗨𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 113.60, 114.20
• Support: 112.70, 112.00

🟡🟢 𝗫𝗔𝗨/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 4,365, 4,390
• Support: 4,310, 4,280

🟡 𝗘𝗨𝗥/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 1.1630, 1.1680
• Support: 1.1560, 1.1510

🟡 𝗚𝗕𝗣/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 1.3430, 1.3490
• Support: 1.3360, 1.3300

🟡 𝗔𝗨𝗗/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 0.7090, 0.7140
• Support: 0.7030, 0.6980

🟡 𝗘𝗨𝗥/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 186.40, 187.00
• Support: 185.20, 184.50

🟡 𝗨𝗞𝟭𝟬𝟬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 7,590, 7,640
• Support: 7,510, 7,460

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
No information or opinion contained in this report should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is not indicative of future results.

Wednesday 17th June 2026.
17/06/2026

Wednesday 17th June 2026.

𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.🔵 𝗙𝗢𝗥𝗘𝗫 𝗢𝗨𝗧𝗟𝗢𝗢𝗞 – 𝗪𝗲𝗱𝗻𝗲𝘀𝗱𝗮𝘆 𝟭𝟳 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗 — 𝗘𝗫𝗣𝗘𝗖𝗧𝗔𝗧𝗜𝗢𝗡𝗦𝗔...
17/06/2026

𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.

🔵 𝗙𝗢𝗥𝗘𝗫 𝗢𝗨𝗧𝗟𝗢𝗢𝗞 – 𝗪𝗲𝗱𝗻𝗲𝘀𝗱𝗮𝘆 𝟭𝟳 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)
𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗 — 𝗘𝗫𝗣𝗘𝗖𝗧𝗔𝗧𝗜𝗢𝗡𝗦

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Conditions should remain contained before major risk events later. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 is likely to consolidate near 104.40–104.65. 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁 faces persistent yield‑driven pressure but official comments may limit speed. 𝗫𝗔𝗨/𝗨𝗦𝗗 will hold 2328–2345 range; safe‑haven demand can firm if geopolitical headlines surface. 𝗨𝗦𝗗/𝗝𝗣𝗬 should trade 157.50–158.20; topside will draw extra scrutiny. 𝗔𝗨𝗗/𝗨𝗦𝗗 and 𝗘𝗨𝗥/𝗨𝗦𝗗 expected to drift within familiar bands until London opens.

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Focus lands on UK CPI and ECB speakers. 𝗘𝗨𝗥/𝗨𝗦𝗗 will react to policy repetition; 1.0860–1.0960 seen holding barring surprises. 𝗚𝗕𝗣/𝗨𝗦𝗗 can spike on inflation beats/misses; 1.2720–1.2830 is the projected zone. 𝗨𝗦𝗗/𝗝𝗣𝗬 will take cues from broader yield moves rather than local data. 𝗫𝗔𝗨/𝗨𝗦𝗗 may see short covering if yields ease. Crosses 𝗚𝗕𝗣/𝗝𝗣𝗬, 𝗘𝗨𝗥/𝗝𝗣𝗬 will amplify individual currency impulses.

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
US retail sales and Fed remarks will set the main pulse. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 can extend if consumption beats; soft prints trigger range expansion lower. 𝗨𝗦𝗗/𝗝𝗣𝗬 will test 158.50 on strong data, or slip toward 157.20 otherwise. 𝗫𝗔𝗨/𝗨𝗦𝗗 should respond inversely to real‑yield shifts. 𝗨𝗞𝟭𝟬𝟬 will mirror GBP and risk sentiment more than domestic drivers.

𝗢𝗨𝗧𝗟𝗢𝗢𝗞 / 𝗕𝗜𝗔𝗦:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: 🟡🟢 Neutral‑Bullish – Retail sales key swing factor
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: 🔴🟡 Neutral‑Bearish – Divergence stays core theme
• 𝗫𝗔𝗨/𝗨𝗦𝗗: 🟡🟡 Neutral – Yield vs safety still in balance
• 𝗨𝗦𝗗/𝗝𝗣𝗬: 🟢🟢 Bullish – Path of least resistance higher; intervention risk elevated
• 𝗘𝗨𝗥/𝗨𝗦𝗗: 🟡🟡 Neutral – Policy steady, data secondary
• 𝗚𝗕𝗣/𝗨𝗦𝗗: 🟡🟢 Neutral‑Bullish – Inflation prints to drive short swings
• 𝗚𝗕𝗣/𝗝𝗣𝗬: 🟢🟢 Bullish – Dual‑strength scenario favoured
• 𝗔𝗨𝗗/𝗨𝗦𝗗: 🟡🟡 Neutral – RBA/China backdrop unchanged
• 𝗔𝗨𝗗/𝗝𝗣𝗬: 🟡🟢 Neutral‑Bullish – JPY weakness remains primary
• 𝗘𝗨𝗥/𝗝𝗣𝗬: 🟡🟡 Neutral – Sideways pressure likely
• 𝗨𝗞𝟭𝟬𝟬: 🟡🟡 Neutral – Range trade expected

𝗞𝗘𝗬 𝗙𝗢𝗖𝗨𝗦:
• US retail sales magnitude & components
• UK CPI deviation from consensus
• Fed speakers’ reaction function signals
• BoJ verbal/operational thresholds
• Middle East / Asia risk updates
𝗜𝗜. 𝗞𝗘𝗬 𝗙𝗨𝗡𝗗𝗔𝗠𝗘𝗡𝗧𝗔𝗟𝗦 – 𝗪𝗲𝗱𝗻𝗲𝘀𝗱𝗮𝘆 𝟭𝟳 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗕𝗦𝗧)

Impact Rating: 🔴 = High Impact • 🟠 = Medium Impact • 🟡 = Low Impact | Forecast / Previous — outlook only

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟬:𝟬𝟬 – 𝟬𝟳:𝟬𝟬 𝗕𝗦𝗧
• 01:50 🟡 𝗝𝗣𝗬 – Trade Balance: ¥‑220bn / ¥‑185bn – Wider deficit may weigh mildly
• 02:30 🟠 𝗔𝗨𝗗 – Employment: +25k / +33k – Print shapes RBA expectations
• 02:30 🟠 𝗔𝗨𝗗 – Unemployment Rate: 4.1% / 4.1% – Steady seen as base case

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟳:𝟬𝟬 – 𝟭𝟮:𝟬𝟬 𝗕𝗦𝗧
• 08:30 🔴 𝗚𝗕𝗣 – CPI y/y: +2.7% / +2.8% – Small drop priced; beats lift GBP
• 08:30 🟠 𝗚𝗕𝗣 – Core CPI y/y: +2.3% / +2.4% – More weighted for policy bets
• 10:00 🟡 𝗘𝗨𝗥 – Construction Output: +0.2% m/m / -0.4% – Minor influence only
• 11:30 🟠 𝗘𝗨𝗥 – ECB’s Villeroy Speech – Likely repeats hold‑for‑longer narrative

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟭𝟮:𝟬𝟬 – 𝟮𝟮:𝟬𝟬 𝗕𝗦𝗧
• 13:30 🔴 𝗨𝗦𝗗 – Retail Sales m/m: +0.3% / +0.7% – Deceleration forecast; big beat favours USD
• 13:30 🔴 𝗨𝗦𝗗 – Core Retail Sales m/m: +0.4% / +0.6% – Cleaner consumption signal
• 14:00 🟠 𝗨𝗦𝗗 – Business Inventories: +0.2% / +0.3% – Secondary flow driver
• 14:15–16:00 🔴 𝗨𝗦𝗗 – Fed Speakers (Bostic, Kashkari) – Will shape yield curve expectations

𝗜𝗠𝗣𝗔𝗖𝗧 𝗢𝗨𝗧𝗟𝗢𝗢𝗞:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Will lean heavily on retail data; consensus already soft so risks tilted toward bounce
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Vulnerable to US yield re‑steepening; only sharp risk‑off turns offer relief
• 𝗘𝗨𝗥/𝗨𝗦𝗗: Likely to stay anchored; no new ECB signal expected
• 𝗨𝗦𝗗/𝗝𝗣𝗬: Remains yield‑sensitive; 158.50–159.00 zone is key intervention‑aware level
• 𝗫𝗔𝗨/𝗨𝗦𝗗: Strong inverse link to real yields set to dominate again
• 𝗚𝗕𝗣/𝗨𝗦𝗗: CPI surprise = largest volatility source; range expansion possible
• 𝗚𝗕𝗣/𝗝𝗣𝗬: Bullish bias intact unless GBP suffers material miss
• 𝗔𝗨𝗗/𝗨𝗦𝗗: Jobs report can produce intraday swings but unlikely to shift RBA timeline
• 𝗔𝗨𝗗/𝗝𝗣𝗬: Still a JPY‑weakness play above all else
• 𝗘𝗨𝗥/𝗝𝗣𝗬: Stuck between steady ECB and drifting USD/JPY
• 𝗨𝗞𝟭𝟬𝟬: CPI and US data jointly steer direction
𝗜𝗜𝗜. 𝗖𝗢𝗥𝗥𝗘𝗟𝗔𝗧𝗜𝗢𝗡 𝗢𝗨𝗧𝗟𝗢𝗢𝗞

Bias Rating: 🟢 = Aligned Bullish • 🔴 = Aligned Bearish • 🟡 = Mixed / Sideways

• 𝗨𝗦𝗗/𝗝𝗣𝗬: 🟢🟢 Bullish – Yield spread structure supports
• 𝗚𝗕𝗣/𝗝𝗣𝗬: 🟢🟢 Bullish – Strong cross‑correlation expected
• 𝗔𝗨𝗗/𝗝𝗣𝗬: 🟢🟢 Bullish – Same underlying driver
• 𝗘𝗨𝗥/𝗝𝗣𝗬: 🟡🟡 Mixed – Local policy static vs global flow
• 𝗫𝗔𝗨/𝗨𝗦𝗗: 🟡🟡 Mixed – Yield pull vs safety push
• 𝗘𝗨𝗥/𝗨𝗦𝗗: 🟡🟡 Mixed – Divergence steady
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 / 𝗗𝗫𝗬: 🟡🟢 Mixed‑Bullish – Data‑dependent swing
• 𝗨𝗞𝟭𝟬𝟬: 🟡🟡 Mixed – Rates headwind vs earnings support
𝗜𝗩. 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗢𝗨𝗧𝗟𝗢𝗢𝗞 & 𝗞𝗘𝗬 𝗭𝗢𝗡𝗘𝗦

(Derived from dataset — forward levels only; double‑dot convention applied)

🟢🟢 𝗨𝗦𝗗/𝗝𝗣𝗬 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 158.50, 159.20
• Support: 157.20, 156.60

🟢🟢 𝗚𝗕𝗣/𝗝𝗣𝗬 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 201.20, 202.00
• Support: 199.50, 198.70

🟡🟢 𝗔𝗨𝗗/𝗝𝗣𝗬 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 106.20, 106.80
• Support: 105.00, 104.40

🟡🟡 𝗫𝗔𝗨/𝗨𝗦𝗗 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 2348, 2358
• Support: 2325, 2314

🟡🟡 𝗘𝗨𝗥/𝗨𝗦𝗗 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 1.0960, 1.1010
• Support: 1.0850, 1.0800

🟡🟢 𝗚𝗕𝗣/𝗨𝗦𝗗 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 1.2830, 1.2900
• Support: 1.2710, 1.2650

🟡🟡 𝗔𝗨𝗗/𝗨𝗦𝗗 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 0.6760, 0.6810
• Support: 0.6670, 0.6620

🟡🟡 𝗘𝗨𝗥/𝗝𝗣𝗬 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 173.40, 174.10
• Support: 171.60, 170.80

🟡🟡 𝗨𝗞𝟭𝟬𝟬 – 𝗘𝗫𝗣𝗘𝗖𝗧𝗘𝗗 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 7 610, 7 670
• Support: 7 500, 7 440

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained in this report should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is not indicative of future results. Forecasts reflect consensus expectations only and remain subject to revision.

𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.🔵 𝗙𝗢𝗥𝗘𝗫 𝗥𝗲𝘃𝗶𝗲𝘄 – 𝗧𝘂𝗲𝘀𝗱𝗮𝘆 𝟭𝟲 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡Range‑b...
16/06/2026

𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.

🔵 𝗙𝗢𝗥𝗘𝗫 𝗥𝗲𝘃𝗶𝗲𝘄 – 𝗧𝘂𝗲𝘀𝗱𝗮𝘆 𝟭𝟲 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)
𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Range‑bound, low‑flow conditions dominated. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 held 104.40–104.55, stuck inside multi‑session consolidation. 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁 found minor bids on cautious risk tone but capped at 96.95. 𝗫𝗔𝗨/𝗨𝗦𝗗 traded 2332–2341; safe‑haven interest offset by steady US yield expectations. 𝗨𝗦𝗗/𝗝𝗣𝗬 confined to 157.70–158.10; verbal intervention proximity slows momentum. Commodity majors quiet: 𝗔𝗨𝗗/𝗨𝗦𝗗 0.6710–0.6735, 𝗘𝗨𝗥/𝗨𝗦𝗗 1.0890–1.0912.

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
Volatility lifted on ECB commentary & UK labour prints. 𝗘𝗨𝗥/𝗨𝗦𝗗 dipped to 1.0878 then recovered toward 1.0920; policy stance unchanged, data soft but within estimates. 𝗚𝗕𝗣/𝗨𝗦𝗗 held 1.2745–1.2780; earnings steady, no new easing signal. 𝗨𝗦𝗗/𝗝𝗣𝗬 probed 158.25 before retreating; yield spread widening countered by official caution. 𝗫𝗔𝗨/𝗨𝗦𝗧 tested 2348 but failed break; real yields anchor topside. 𝗚𝗕𝗣/𝗝𝗣𝗬 200.10–200.80, 𝗘𝗨𝗥/𝗝𝗣𝗬 172.40–172.90 tracked legs.

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡
US industrial production & Fed speak in focus; mixed prints keep USD mixed. 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 closed near 104.51. 𝗨𝗦𝗗/𝗝𝗣𝗬 settled 157.91. Crosses firm on JPY weakness: 𝗚𝗕𝗣/𝗝𝗣𝗬 200.65, 𝗔𝗨𝗗/𝗝𝗣𝗬 105.80. 𝗫𝗔𝗨/𝗨𝗦𝗗 back to 2337 as yields edge higher. 𝗨𝗞𝟭𝟬𝟬 range 7 542–7 578, no strong macro impulse.

𝗥𝗘𝗦𝗨𝗟𝗧𝗦 / 𝗢𝗨𝗧𝗟𝗢𝗢𝗞:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Neutral‑Bullish – Yield advantage intact; data mixed, geopolitical demand steady
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Neutral‑Bearish – Policy divergence key; rhetoric limits pace only
• 𝗫𝗔𝗨/𝗨𝗦𝗗: Neutral – Safe‑haven vs. yields in balance; no breakout confirmed
• 𝗨𝗦𝗗/𝗝𝗣𝗬: Bullish – Structure higher; 158.50+ triggers official attention
• 𝗘𝗨𝗥/𝗨𝗦𝗗: Neutral – Policy steady; range 1.0860–1.0960 holds
• 𝗚𝗕𝗣/𝗨𝗦𝗗: Neutral – Domestic catalysts thin; moves USD‑driven
• 𝗚𝗕𝗣/𝗝𝗣𝗬: Bullish – Correlated to USD/JPY; labour supports GBP leg
• 𝗔𝗨𝗗/𝗨𝗦𝗗: Neutral – Commodity support vs. USD strength net flat
• 𝗔𝗨𝗗/𝗝𝗣𝗬: Neutral‑Bullish – JPY weakness primary driver
• 𝗘𝗨𝗥/𝗝𝗣𝗬: Neutral – ECB hold limits push; yield spread dominant
• 𝗨𝗞𝟭𝟬𝟬: Neutral – Range‑bound; earnings offset by global rates

𝗞𝗘𝗬 𝗙𝗢𝗖𝗨𝗦:
• Fed speakers’ tone on inflation trajectory
• BoJ verbal/operational response above 158.50
• ECB balance sheet commentary
• Middle East/Asia geopolitical flows
• Cross‑asset correlation shifts ahead of tomorrow’s US retail sales
𝗜𝗜. 𝗞𝗘𝗬 𝗙𝗨𝗡𝗗𝗔𝗠𝗘𝗡𝗧𝗔𝗟𝗦 – 𝗧𝘂𝗲𝘀𝗱𝗮𝘆 𝟭𝟲 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗕𝗦𝗧)

Impact Rating: 🔴 = High Impact • 🟠 = Medium Impact • 🟡 = Low Impact | Actual / Forecast / Previous — sourced Forex Factory

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟬:𝟬𝟬 – 𝟬𝟳:𝟬𝟬 𝗕𝗦𝗧
• 01:30 🟡 𝗔𝗨𝗗 – RBA Minutes: Dovish tilt noted, no rate timeline change / — / —
• 04:00 🟡 𝗝𝗣𝗬 – BoJ Minutes: Emphasis on patient easing / — / —
• 06:00 🟡 𝗖𝗡𝗬 – Industrial Production: +4.2% / +4.4% / +4.8% – Mild miss, no sharp AUD/NZD hit

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟳:𝟬𝟬 – 𝟭𝟮:𝟬𝟬 𝗕𝗦𝗧
• 08:30 🟠 𝗚𝗕𝗣 – Unemployment Rate: 4.2% / 4.2% / 4.2% – Flat reading
• 08:30 🟠 𝗚𝗕𝗣 – Average Earnings: +5.9% / +5.8% / +6.0% – Slight beat supports GBP
• 10:00 🟠 𝗘𝗨𝗥 – Final CPI: +2.4% y/y / +2.4% / +2.4% – Confirmation only
• 11:00 🔴 𝗘𝗨𝗥 – ECB President Lagarde Speech: Reaffirms hold, data‑dependent next steps

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟭𝟮:𝟬𝟬 – 𝟮𝟮:𝟬𝟬 𝗕𝗦𝗧
• 13:30 🟠 𝗨𝗦𝗗 – Industrial Production: +0.1% / +0.2% / +0.4% – Softens hawkish bets
• 13:30 🟠 𝗨𝗦𝗗 – Capacity Utilisation: 79.6% / 79.8% / 79.9% – Mild under‑run
• 14:15 🔴 𝗨𝗦𝗗 – Fed Waller Speech: Balanced tone, no new timing
• 16:00 🟡 𝗨𝗦𝗗 – NAHB Housing Index: 44 / 45 / 45 – Minor miss

𝗜𝗠𝗣𝗔𝗖𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦:
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Bid held but stalled; soft output vs. tight labour keeps policy uncertainty high
• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Pressure sustained; yield gap still dominant despite official reminders
• 𝗘𝗨𝗥/𝗨𝗦𝗗: Stabilised; no policy change removes catalyst, keeps range intact
• 𝗨𝗦𝗗/𝗝𝗣𝗬: Trend extended; proximity to intervention zone increases sensitivity to remarks
• 𝗫𝗔𝗨/𝗨𝗦𝗗: Range‑bound; safe‑haven demand offset by steady nominal yields
• 𝗚𝗕𝗣/𝗨𝗦𝗗: Earnings resilience prevented deeper dips; still secondary to USD moves
• 𝗚𝗕𝗣/𝗝𝗣𝗬: Clear outperformer; dual leg strength visible
• 𝗔𝗨𝗗/𝗨𝗦𝗗: Minutes capped topside; China data softens demand view
• 𝗔𝗨𝗗/𝗝𝗣𝗬: Bullish bias intact; JPY weakness far outweighs AUD headwinds
• 𝗘𝗨𝗥/𝗝𝗣𝗬: Sideways; ECB neutrality limits drive
• 𝗨𝗞𝟭𝟬𝟬: Flat; earnings support vs. global yields pressure net neutral
𝗜𝗜𝗜. 𝗖𝗢𝗥𝗥𝗘𝗟𝗔𝗧𝗜𝗢𝗡 𝗖𝗛𝗘𝗖𝗞

Bias Rating: 🟢 = Aligned Bullish • 🔴 = Aligned Bearish • 🟡 = Mixed / Sideways

• 𝗨𝗦𝗗/𝗝𝗣𝗬: 🟢 Bullish – Yield spread + trend structure aligned
• 𝗚𝗕𝗣/𝗝𝗣𝗬: 🟢 Bullish – Strong positive correlation to USD/JPY
• 𝗔𝗨𝗗/𝗝𝗣𝗬: 🟢 Bullish – Same JPY driver dominant
• 𝗘𝗨𝗥/𝗝𝗣𝗬: 🟡 Mixed – ECB neutrality vs. USD strength
• 𝗫𝗔𝗨/𝗨𝗦𝗗: 🟡 Mixed – Safe‑haven vs. yield inverse near balance
• 𝗘𝗨𝗥/𝗨𝗦𝗗: 🟡 Mixed – Divergence steady, no new impulse
• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥 / 𝗗𝗫𝗬: 🟡 Mixed – Firm vs. soft data tug‑of‑war
• 𝗨𝗞𝟭𝟬𝟬: 🟡 Mixed – Rates headwind vs. earnings support
𝗜𝗩. 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗕𝗜𝗔𝗦 & 𝗟𝗘𝗩𝗘𝗟𝗦

(Derived from your 4×H4 / 11×M15 dataset)

𝗨𝗦𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 158.50, 159.20
• Support: 157.50, 156.80

𝗚𝗕𝗣/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 201.20, 202.00
• Support: 199.80, 199.00

𝗔𝗨𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵
• Resistance: 106.20, 106.80
• Support: 105.20, 104.60

𝗫𝗔𝗨/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 2348, 2358
• Support: 2328, 2314

𝗘𝗨𝗥/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 1.0960, 1.1010
• Support: 1.0860, 1.0810

𝗚𝗕𝗣/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 1.2810, 1.2880
• Support: 1.2710, 1.2660

𝗔𝗨𝗗/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 0.6760, 0.6810
• Support: 0.6680, 0.6630

𝗘𝗨𝗥/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 173.40, 174.10
• Support: 171.80, 171.00

𝗨𝗞𝟭𝟬𝟬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹
• Resistance: 7 610, 7 670
• Support: 7 510, 7 450

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
No information or opinion contained in this report should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is not indicative of future results.

Tuesday 16th June 2026.
16/06/2026

Tuesday 16th June 2026.

🔵 𝗙𝗢𝗥𝗘𝗫 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 – 𝗧𝘂𝗲𝘀𝗱𝗮𝘆 𝟭𝟲 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)Special Edition: Post‑Iran Deal – Next Steps & Expectations𝗙𝗼𝗿𝘁𝘂𝗻𝗲...
16/06/2026

🔵 𝗙𝗢𝗥𝗘𝗫 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 – 𝗧𝘂𝗲𝘀𝗱𝗮𝘆 𝟭𝟲 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗘𝘂𝗿𝗼𝗽𝗲/𝗟𝗼𝗻𝗱𝗼𝗻)

Special Edition: Post‑Iran Deal – Next Steps & Expectations
𝗙𝗼𝗿𝘁𝘂𝗻𝗲 𝗳𝗮𝘃𝗼𝘂𝗿𝘀 𝘁𝗵𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗺𝗶𝗻𝗱.
𝗜. 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗢𝗗 – 𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡

Following Monday’s initial risk‑on reaction, tomorrow’s Asian session is expected to see consolidation and a reality check. The peace agreement has removed the immediate crisis premium, but traders will watch for early confirmation of operational changes in the Strait of Hormuz.

• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Likely to trade within a defined range 𝟭𝟮,𝟲𝟲𝟬–𝟭𝟮,𝟲𝟵𝟬; the sharp drop has priced out conflict risk, but fresh catalysts are needed to drive further direction

• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Expected to remain under light pressure 𝟱,𝟬𝟲𝟬–𝟱,𝟬𝟵𝟬; safe‑haven demand will only return if there are signs the deal could unravel

• 𝗫𝗔𝗨/𝗨𝗦𝗗: Forecast to stabilise between 𝟰,𝟯𝟰𝟬 and 𝟰,𝟯𝟴𝟬; the “war premium” is gone, so price action will revert to reacting to real yields and USD moves

• 𝗨𝗦𝗗/𝗝𝗣𝗬: Seen holding near 𝟭𝟲𝟬.𝟬𝟬–𝟭𝟲𝟬.𝟰𝟬; the shift from fear to yield focus should support the pair, though gains may stall without US data

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡

European markets will build on the post‑deal theme, pricing in lower energy and inflation pressures. Attention will turn to forward‑looking indicators and official comments on what the agreement means for growth and policy.

• 𝗘𝗨𝗥/𝗨𝗦𝗗: Expected to test resistance around 𝟭.𝟭𝟲𝟱𝟬–𝟭.𝟭𝟲𝟴𝟬; reduced risk of supply disruptions acts as a mild tailwind for the bloc’s economic outlook

• 𝗚𝗕𝗣/𝗨𝗦𝗗: Likely to trade 𝟭.𝟯𝟰𝟮𝟬–𝟭.𝟯𝟒𝟳𝟬; moves will follow broad USD trends, as the UK gains only indirect benefit from regional de‑escalation

• Cross JPY pairs: 𝗚𝗕𝗣/𝗝𝗣𝗬 and 𝗔𝗨𝗗/𝗝𝗣𝗬 are set to hold higher ground 𝟮𝟭𝟱.𝟮𝟬 and 𝟭𝟭𝟯.𝟲𝟬 respectively; JPY weakness remains the dominant driver

• Oil and energy currencies: 𝗘𝗨𝗥 and commodity‑linked majors are expected to retain their gains, barring any last‑minute breakdown in talks

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡

US session flow will balance geopolitical relief against incoming data and central bank pricing. Markets have already lowered the probability of aggressive Fed hikes; tomorrow will confirm whether that repricing holds.

• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Faces a neutral‑to‑soft bias; while the economy remains resilient, the removal of conflict‑driven inflation risks reduces the case for more hawkish policy

• 𝗨𝗦𝗗/𝗝𝗣𝗬: May see choppy trade; if yields stabilise, the pair can edge toward 𝟭𝟲𝟬.𝟲𝟬, but a stronger risk‑off shift would trigger quick retracement

• 𝗨𝗞𝟭𝟬𝟬 & risk assets: Expected to trade with a positive tilt; lower uncertainty supports equities, though initial momentum may fade as profit‑taking kicks in
𝗢𝗨𝗧𝗟𝗢𝗢𝗞 𝗦𝗨𝗠𝗠𝗔𝗥𝗬:

• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Neutral‑Bearish – Geopolitical support removed; future moves depend entirely on data and yields

• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: Neutral‑Bearish – Haven flows gone; downside capped only by Bank of Japan rhetoric

• 𝗫𝗔𝗨/𝗨𝗦𝗗: Neutral – No more conflict bid; now trading on macroeconomics alone

• 𝗨𝗦𝗗/𝗝𝗣𝗬: Neutral‑Bullish – Yield spreads favour higher levels, but range‑bound trade likely

• 𝗘𝗨𝗥/𝗨𝗦𝗗: Neutral‑Bullish – Energy relief improves medium‑term outlook

• 𝗚𝗕𝗣/𝗨𝗦𝗗: Neutral – No independent driver; follows USD direction

• 𝗚𝗕𝗣/𝗝𝗣𝗬: Bullish – Strongest expression of the post‑deal shift

• 𝗔𝗨𝗗/𝗨𝗦𝗗: Neutral‑Bullish – Risk‑on sentiment outweighs USD softness

• 𝗘𝗨𝗥/𝗝𝗣𝗬: Neutral‑Bullish – Lower import costs + JPY weakness = positive setup

𝗞𝗘𝗬 𝗙𝗢𝗖𝗨𝗦 𝗙𝗢𝗥 𝗧𝗢𝗠𝗢𝗥𝗥𝗢𝗪:

• First official statements confirming implementation of the Strait of Hormuz access agreement

• Any change in crude oil forward curves as markets price reduced supply risk

• Comments from Fed and ECB speakers on how lower geopolitical risk changes inflation forecasts

• Technical support levels holding as traders test whether Monday’s move has follow‑through
𝗜𝗜. 𝗞𝗘𝗬 𝗙𝗨𝗡𝗗𝗔𝗠𝗘𝗡𝗧𝗔𝗟𝗦 – 𝗧𝘂𝗲𝘀𝗱𝗮𝘆 𝟭𝟲 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲 (𝗕𝗦𝗧)

Impact Rating: 🔴 High • 🟠 Medium • 🟡 Low | Forecast / Previous

𝗔𝗦𝗜𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟬:𝟬𝟬 – 𝟬𝟳:𝟬𝟬 𝗕𝗦𝗧

• 𝟬𝟮:𝟬𝟬 🟡 𝗔𝗨𝗗 – RBA Assist Gov Speech: Expected to note easing global inflation pressures

• 𝟬𝟰:𝟬𝟬 🟡 𝗝𝗣𝗬 – Tertiary Industry Activity m/m: +𝟬.𝟮% / -𝟬.𝟭% – minor, unlikely to shift JPY trend

• 𝟬𝟲:𝟬𝟬 🟡 𝗖𝗡𝗬 – Industrial Production y/y: +𝟟.𝟭% / +𝟲.𝟴% – stronger prints support risk appetite

𝗟𝗢𝗡𝗗𝗢𝗡 / 𝗘𝗨𝗥𝗢𝗣𝗘 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟬𝟳:𝟬𝟬 – 𝟭𝟮:𝟬𝟬 𝗕𝗦𝗧

• 𝟬𝟬:𝟬𝟬 🟠 𝗘𝗨𝗥 – German ZEW Economic Sentiment: 𝟱𝟮.𝟬 / 𝟰𝟴.𝟯 – Expected rise as regional risks ease

• 𝟬𝟵:𝟯𝟬 🟠 𝗚𝗕𝗣 – Claimant Count Change: -𝟭𝟮.𝟮𝗞 / -𝟴.𝟳𝗞 – steady labour market

• 𝟭𝟬:𝟬𝟬 🟠 𝗘𝗨𝗥 – Eurozone Industrial Production m/m: +𝟬.𝟯% / -𝟬.𝟮% – modest improvement priced in

𝗨𝗦 / 𝗖𝗔𝗡𝗔𝗗𝗔 𝗦𝗘𝗦𝗦𝗜𝗢𝗡 — 𝟭𝟮:𝟬𝟬 – 𝟮𝟮:𝟬𝟬 𝗕𝗦𝗧

• 𝟭𝟯:𝟯𝟬 🔴 𝗨𝗦𝗗 – Retail Sales m/m: +𝟬.𝟮% / +𝟬.𝟯% – softer reading would reinforce USD downside

• 𝟭𝟯:𝟯𝟬 🟠 𝗨𝗦𝗗 – Core Retail Sales m/m: +𝟬.𝟯% / +𝟬.𝟮% – key gauge for consumer spending strength

• 𝟭𝟱:𝟬𝟬 🟠 𝗨𝗦𝗗 – Business Inventories m/m: +𝟬.𝟮% / +𝟬.𝟮% – secondary indicator only

• 𝗖𝗥𝗨𝗖𝗜𝗔𝗟 𝗙𝗔𝗖𝗧𝗢𝗥: The Iran‑US‑IRGC agreement remains the dominant fundamental. All data will be interpreted through the lens of reduced geopolitical uncertainty.
𝗜𝗠𝗣𝗔𝗖𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦:

• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: Tomorrow’s data will decide whether the post‑deal drop extends or reverses. A soft Retail Sales print could push it lower; a strong number will limit losses

• 𝗝𝗣𝗬𝗕𝗮𝘀𝗸𝗲𝘁: With no crisis to support it, the path of least resistance is down unless global risk sentiment turns sharply negative

• 𝗫𝗔𝗨/𝗨𝗦𝗗: Lower energy prices reduce inflation expectations, which would typically weigh on gold; offset only if real yields also fall

• 𝗘𝗨𝗥/𝗨𝗦𝗗: Has the most positive setup. If the deal holds, Europe’s economic outlook improves, supporting a gradual move higher

• 𝗖𝗿𝗼𝘀𝘀𝗲𝘀: All JPY pairs remain the cleanest trade; the shift from “fear premium” to “carry premium” will define price action

• 𝗘𝗻𝗲𝗿𝗴𝘆: The biggest change is here — markets will now price supply stability rather than disruption risk
𝗜𝗜𝗜. 𝗖𝗢𝗥𝗥𝗘𝗟𝗔𝗧𝗜𝗢𝗡 𝗖𝗛𝗘𝗖𝗞

Bias: 🟢 Aligned Bullish • 🔴 Aligned Bearish • 🟡 Mixed/Sideways

• 𝗨𝗦𝗗/𝗝𝗣𝗬: 🟢 Bullish – Deal = less safety, more focus on rate differentials

• 𝗚𝗕𝗣/𝗝𝗣𝗬: 🟢 Bullish – Pure expression of safe‑haven liquidation

• 𝗔𝗨𝗗/𝗝𝗣𝗬: 🟢 Bullish – Risk‑on + lower energy prices = supportive

• 𝗘𝗨𝗥/𝗝𝗣𝗬: 🟢 Bullish – Clear correlation to reduced regional risk

• 𝗫𝗔𝗨/𝗨𝗦𝗗: 🟡 Mixed – Weaker USD vs. lower conflict risk creates balance

• 𝗘𝗨𝗥/𝗨𝗦𝗗: 🟢 Bullish – Fundamental improvement post‑agreement

• 𝗨𝗦𝗗𝗢𝗟𝗟𝗔𝗥: 🔴 Bearish – Has lost its most recent supporting catalyst
𝗜𝗩. 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗕𝗜𝗔𝗦 & 𝗟𝗘𝗩𝗘𝗟𝗦 – 𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝗥𝗮𝗻𝗴𝗲𝘀

𝗨𝗦𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵

• Resistance: 𝟭𝟲𝟬.𝟰𝟬, 𝟭𝟲𝟬.𝟳𝟬

• Support: 𝟭𝟱𝟵.𝟴𝟬, 𝟭𝟱𝟵.𝟱𝟬

𝗚𝗕𝗣/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵

• Resistance: 𝟮𝟭𝟱.𝟰𝟬, 𝟮𝟭𝟱.𝟴𝟬

• Support: 𝟮𝟭𝟱.𝟬𝟬, 𝟮𝟭𝟰.𝟲𝟬

𝗔𝗨𝗗/𝗝𝗣𝗬 – 𝗕𝗜𝗔𝗦: 𝗕𝘂𝗹𝗹𝗶𝘀𝗵

• Resistance: 𝟭𝟭𝟯.𝟳𝟬, 𝟭𝟭𝟰.𝟬𝟬

• Support: 𝟭𝟭𝟯.𝟮𝟬, 𝟭𝟭𝟮.𝟴𝟬

𝗫𝗔𝗨/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹

• Resistance: 𝟰,𝟯𝟲𝟬, 𝟰,𝟯𝟴𝟬

• Support: 𝟰,𝟯𝟮𝟬, 𝟰,𝟯𝟬𝟬

𝗘𝗨𝗥/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵

• Resistance: 𝟭.𝟭𝟲𝟴𝟬, 𝟭.𝟭𝟳𝟮𝟬

• Support: 𝟭.𝟭𝟲𝟬𝟬, 𝟭.𝟭𝟱𝟲𝟬

𝗚𝗕𝗣/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹

• Resistance: 𝟭.𝟯𝟰𝟴𝟬, 𝟭.𝟯𝟱𝟮𝟬

• Support: 𝟭.𝟯𝟰𝟬𝟬, 𝟭.𝟯𝟯𝟲𝟬

𝗔𝗨𝗗/𝗨𝗦𝗗 – 𝗕𝗜𝗔𝗦: 𝗡𝗲𝘂𝘁𝗿𝗮𝗹‑𝗕𝘂𝗹𝗹𝗶𝘀𝗵

• Resistance: 𝟬.𝟳𝟬𝟭𝟬, 𝟬.𝟳𝟬𝟱𝟬

• Support: 𝟬.𝟲𝟵𝟴𝟬, 𝟬.𝟲𝟵𝟱𝟬
𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥
This outlook is based on expected conditions and market pricing as of 15 June 2026. Geopolitical agreements carry implementation risk; any change to the deal terms or adherence will rapidly alter sentiment. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results.

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