29/05/2026
27 May 2026
RAYAAN COMMODITIES (Arif Habib Group):
Top Broker of Pakistan Mercantile Exchange
Commodities
GOLD (Futures)
Neutral: Gold remains supported by ongoing geopolitical uncertainty and expectations of future Federal Reserve easing, although short-term momentum has softened after recent strong rallies. Investors continue monitoring US economic data and global risk sentiment for further direction.
R1 = 4,591.65
R2 = 4,615.20
Price = 4,567.25
S1 = 4,543.70
S2 = 4,520.15
SILVER (Futures)
Strong Sell: Silver remains under pressure as volatility in precious metals markets and mixed industrial demand expectations weigh on sentiment. Traders are also reacting to fluctuating inflation expectations and uncertainty in global manufacturing activity.
R1 = 77.62
R2 = 78.48
Price = 76.77
S1 = 75.91
S2 = 75.05
CRUDE OIL WTI (Futures)
Strong Sell: Crude oil declines sharply after renewed concerns over weaker global demand and slowing economic growth expectations. Markets are also reacting to uncertainty around OPEC+ production policy and softer industrial activity indicators.
R1 = 93.11
R2 = 94.33
Price = 91.89
S1 = 90.15
S2 = 88.93
COPPER (Futures)
Buy: Copper remains supported by optimism surrounding infrastructure demand and expectations of additional Chinese economic stimulus. However, recent volatility in industrial metals is limiting stronger upside momentum.
R1 = 6.43
R2 = 6.50
Price = 6.39
S1 = 6.32
S2 = 6.25
PLATINUM (Futures)
Strong Sell: Platinum weakens as profit-taking emerges after an extended rally in precious metals. Concerns over slowing industrial demand and broader commodity weakness are also pressuring prices.
R1 = 1,993.70
R2 = 2,030.40
Price = 1,957.00
S1 = 1,920.30
S2 = 1,883.60
PALLADIUM (Futures)
Neutral: Palladium trades cautiously as markets balance supply concerns against weaker auto-sector demand expectations. Investors continue monitoring geopolitical developments and industrial demand trends.
R1 = 1,420.92
R2 = 1,437.33
Price = 1,404.50
S1 = 1,388.08
S2 = 1,371.67
NATURAL GAS (Futures)
Strong Buy: Natural gas rallies strongly on expectations of tighter supply conditions and stronger seasonal demand. Ongoing volatility in global energy markets and weather-related demand forecasts are also supporting prices.
R1 = 3.13
R2 = 3.18
Price = 3.08
S1 = 3.01
S2 = 2.96
US WHEAT (Futures)
Strong Sell: Wheat prices remain under pressure due to improved global crop outlook and stronger export competition from major producers. Weak commodity sentiment and easing supply concerns are also weighing on prices.
R1 = 640.54
R2 = 644.08
Price = 637.00
S1 = 633.46
S2 = 629.92
US CORN (Futures)
Strong Sell: Corn declines as favorable weather conditions improve crop expectations and concerns over slower export demand persist. Broader weakness across agricultural commodities is also impacting sentiment.
R1 = 459.63
R2 = 460.86
Price = 458.40
S1 = 457.17
S2 = 455.94
US SOYBEANS (Futures)
Strong Sell: Soybeans weaken amid concerns over global demand and improving South American supply forecasts. Ongoing trade uncertainty and softer agricultural market sentiment continue to pressure prices.
R1 = 1,191.50
R2 = 1,198.00
Price = 1,187.38
S1 = 1,180.88
S2 = 1,174.38
US COTTON #2 (Futures)
Strong Sell: Cotton remains weak as slowing global textile demand and broader commodity market pressure weigh on prices. Traders are also monitoring export demand and global manufacturing trends.
R1 = 79.11
R2 = 79.93
Price = 78.29
S1 = 77.47
S2 = 76.65
CURRENCIES
EUR/USD
Buy: Euro remains supported against the dollar as traders continue assessing expectations for a softer Federal Reserve policy outlook. Stable Eurozone economic data and moderate dollar weakness are helping maintain support for the pair.
R1 = 1.1655
R2 = 1.1666
Price = 1.1643
S1 = 1.1632
S2 = 1.1621
GBP/USD
Strong Buy: Pound remains firm as resilient UK economic conditions and improved market confidence support sterling demand. Investors are also closely watching US fiscal and monetary policy developments.
R1 = 1.3501
R2 = 1.3519
Price = 1.3483
S1 = 1.3465
S2 = 1.3447
AUD/USD
Strong Buy: Australian dollar stays supported by stronger commodity sentiment and optimism surrounding Chinese economic stimulus expectations. Improved global risk appetite is also helping high-beta currencies outperform.
R1 = 0.7172
R2 = 0.7180
Price = 0.7164
S1 = 0.7156
S2 = 0.7148
USD/JPY
Strong Buy: Dollar strengthens against the yen as higher US Treasury yields and improving market sentiment reduce safe-haven demand for the Japanese currency. Traders continue monitoring Bank of Japan policy expectations.
R1 = 159.37
R2 = 159.60
Price = 159.14
S1 = 158.75
S2 = 158.36
USD/CHF
Neutral: Swiss franc trades steadily as markets balance safe-haven demand against improving global risk sentiment. Investors remain cautious amid ongoing geopolitical uncertainty.
R1 = 0.7859
R2 = 0.7876
Price = 0.7842
S1 = 0.7814
S2 = 0.7797
USD/CAD
Buy: Canadian dollar remains relatively stable with support from commodity-linked flows and resilient domestic economic conditions. However, fluctuations in crude oil prices continue limiting stronger momentum.
R1 = 1.3807
R2 = 1.3819
Price = 1.3803
S1 = 1.3791
S2 = 1.3779
EUR/JPY
Strong Buy: Euro strengthens against the yen as improved market sentiment reduces demand for safe-haven assets. Investors are also reacting to relative monetary policy expectations between Europe and Japan.
R1 = 185.43
R2 = 185.59
Price = 185.27
S1 = 185.11
S2 = 184.95
EUR/GBP
Sell: Euro remains slightly weaker against sterling as stronger UK economic resilience continues supporting the pound. Traders are also monitoring central bank guidance from both the ECB and Bank of England.
R1 = 0.8642
R2 = 0.8649
Price = 0.8635
S1 = 0.8628
S2 = 0.8621
INDICES
S&P 500 Futures
Strong Buy: US equities continue advancing as investor optimism around corporate earnings and AI-driven technology growth remains strong. Expectations of resilient economic conditions and supportive business policies are also boosting sentiment.
R1 = 7,454.17
R2 = 7,469.33
Price = 7,439.00
S1 = 7,423.84
S2 = 7,408.68
NASDAQ 100 Futures
Strong Buy: Nasdaq extends gains as strong demand for technology and AI-related stocks continues attracting institutional investment. Markets remain optimistic about long-term innovation-driven growth.
R1 = 29,911.50
R2 = 29,953.00
Price = 29,870.00
S1 = 29,828.50
S2 = 29,787.00
DOW JONES Futures
Buy: Dow Jones futures remain supported by strength in industrial and financial sectors alongside improving economic confidence. Investors are also responding positively to easing recession concerns.
R1 = 50,941.67
R2 = 51,005.33
Price = 50,878.00
S1 = 50,814.33
S2 = 50,750.67
Source: Investing.com
RAYAAN COMMODITIES (Arif Habib Group)