ARIF HABIB COMMODITIES-Top Broker of Gold Silver Oil Forex Cotton Copper

27/08/2026

research report

27/08/2026

27/08/2026

RAYAAN COMMODITIES (ARIF HABIB GROUP)
TOP BROKER OF THE PAKISTAN MERCANTILE EXCHANGE
━━━━━━━━━━━━━━━━━━━━━━━━━━━
GLOBAL MARKETS, COMMODITIES & FOREX DAILY REPORT
Date: August 26, 2026 | Issuance: 06:30 UTC
Prepared for: PMEX & Institutional Clients
━━━━━━━━━━━━━━━━━━━━━━━━━━━
GLOBAL MARKET SUMMARY
• US Dollar Index (DXY): 99.35 (-0.15%) | Retains a defensive tone as markets digest ongoing Treasury yield stability and upcoming US PCE core inflation expectations.
• US Treasury Yields: Benchmark 10-year US Treasury yields hold near 4.47%, while 2-year yields sit at 4.16%.
• Federal Reserve Developments: Markets anticipate steady monetary guidance with focus shifting toward macroeconomic growth projections and late-2026 interest rate trajectory.
• OPEC+ Announcements: Cartel members reaffirm strict adherence to voluntary production quotas, sustaining tight global supply structures amid localized logistics disruptions.
• Inflation Data: US and European core consumer prices continue to show steady containment, anchoring policy expectations across G10 central banks.
• Geopolitical Developments: Persistent safe-haven flows continue to bolster precious metals and energy assets against broad market volatility.
• Global Risk Sentiment: Selectively risk-tolerant; strong earnings momentum in industrial and blue-chip equities offsets sector rotation in mega-cap tech shares.
• Commodity Market Overview: Gold trades near $4,665/oz and Silver holds above $69.50/oz; WTI Crude consolidates firmly in the $85.00/bbl handle.
• Forex Market Overview: EUR/USD trades near 1.1660 on broader Dollar softness, while JPY remains well-supported below 158.50.
━━━━━━━━━━━━━━━━━━━━━━━━━━━
DETAILED INSTRUMENT ANALYSIS
1. PRECIOUS & INDUSTRIAL METALS
Gold (GC)
• Latest Price: $4,664.80 / oz | Last Updated: 06:25 UTC
• Daily Range: Open: $4,648.00 | High: $4,678.50 | Low: $4,642.00
• Daily Change: +$16.80 (+0.36%) | 5H Change: +0.18%
• Classic Pivots: PP: $4,655.10 | R1: $4,668.20 | R2: $4,691.60 | S1: $4,631.70 | S2: $4,618.60
• Commentary: Gold trades with a bullish bias as safe-haven bids and ongoing Dollar weakness preserve long positioning above $4,650. Technical momentum remains constructive while holding above the $4,655.10 daily pivot. A sustained breakout above $4,678 targets the $4,700 psychological level. Momentum is Bullish.
• Trading Bias: Buy | Confidence: High
Silver (SI)
• Latest Price: $69.85 / oz | Last Updated: 06:25 UTC
• Daily Range: Open: $69.20 | High: $70.25 | Low: $68.90
• Daily Change: +$0.65 (+0.94%) | 5H Change: +0.22%
• Classic Pivots: PP: $69.67 | R1: $70.43 | R2: $71.02 | S1: $69.08 | S2: $68.32
• Commentary: Silver continues to push higher, underpinned by robust green energy industrial fabrication and institutional investment flows. Prices are testing the $70.00 hurdle with strong volume support. Sustaining gains above $69.67 pivot keeps upside targets active toward $70.80. Momentum is Bullish.
• Trading Bias: Buy | Confidence: High
Copper (HG)
• Latest Price: $6.34 / lb | Last Updated: 06:25 UTC
• Daily Range: Open: $6.30 | High: $6.37 | Low: $6.28
• Daily Change: +$0.04 (+0.63%) | 5H Change: +0.12%
• Classic Pivots: PP: $6.33 | R1: $6.38 | R2: $6.42 | S1: $6.29 | S2: $6.24
• Commentary: Copper trades on a firmer footing as tight refined inventories buffer against macro headwinds. The red metal holds above the $6.33 pivot, showing resilience across Asian trading sessions. Overhead resistance sits at $6.38. Momentum is Neutral-to-Bullish.
• Trading Bias: Buy | Confidence: Medium
Platinum (PL)
• Latest Price: $1,618.50 / oz | Last Updated: 06:25 UTC
• Daily Range: Open: $1,610.00 | High: $1,624.00 | Low: $1,605.00
• Daily Change: +$8.50 (+0.53%) | 5H Change: +0.15%
• Classic Pivots: PP: $1,615.83 | R1: $1,626.67 | R2: $1,634.83 | S1: $1,607.67 | S2: $1,596.83
• Commentary: Platinum trades above $1,615 on supportive autocatalyst sector inquiries and broader precious metals strength. Holding above $1,610 provides buyers with the base needed to challenge $1,630 resistance. Momentum is Bullish.
• Trading Bias: Buy | Confidence: Medium
Palladium (PA)
• Latest Price: $1,255.00 / oz | Last Updated: 06:25 UTC
• Daily Range: Open: $1,260.00 | High: $1,264.00 | Low: $1,248.00
• Daily Change: -$5.00 (-0.40%) | 5H Change: -0.10%
• Classic Pivots: PP: $1,255.67 | R1: $1,263.33 | R2: $1,271.67 | S1: $1,247.33 | S2: $1,239.67
• Commentary: Palladium remains subdued below $1,260 as structural demand substitution limits upward price traction. Sellers continue defending intraday tests of $1,263. Technical setup favors lower range consolidation. Momentum is Bearish.
• Trading Bias: Sell | Confidence: Medium
2. ENERGY
Crude Oil WTI (CL)
• Latest Price: $85.35 / bbl | Last Updated: 06:25 UTC
• Daily Range: Open: $84.70 | High: $85.90 | Low: $84.40
• Daily Change: +$0.65 (+0.77%) | 5H Change: +0.30%
• Classic Pivots: PP: $85.22 | R1: $86.03 | R2: $86.72 | S1: $84.53 | S2: $83.72
• Commentary: WTI Crude holds gains above $85.00/bbl on sustained supply-side tightening and OPEC+ output restraint. Geopolitical risk premiums in maritime shipping corridors continue to limit deep corrective pullbacks. Long positions target $86.50 next. Momentum is Strong Bullish.
• Trading Bias: Buy | Confidence: High
Natural Gas (NG)
• Latest Price: $2.74 / MMBtu | Last Updated: 06:25 UTC
• Daily Range: Open: $2.70 | High: $2.77 | Low: $2.68
• Daily Change: +$0.04 (+1.48%) | 5H Change: +0.15%
• Classic Pivots: PP: $2.73 | R1: $2.78 | R2: $2.82 | S1: $2.69 | S2: $2.64
• Commentary: Natural Gas trades higher near $2.74 on steady late-summer cooling demand across key regional hubs. Price structure remains supported above the $2.70 mark. Immediate technical resistance sits at $2.78. Momentum is Neutral-to-Bullish.
• Trading Bias: Buy | Confidence: Medium
3. AGRICULTURAL COMMODITIES
US Corn (ZC)
• Latest Price: 465.75c / bu | Last Updated: 06:25 UTC
• Daily Range: Open: 463.00 | High: 467.50 | Low: 461.50
• Daily Change: +2.75 (+0.59%) | 5H Change: +0.14%
• Classic Pivots: PP: 464.92 | R1: 468.33 | R2: 470.92 | S1: 462.33 | S2: 458.92
• Commentary: Corn futures maintain steady upward trajectory supported by consistent weekly export inquiries. Price action trades comfortably above the 464.90 pivot. A break past 468.00 opens room toward 472.00. Momentum is Bullish.
• Trading Bias: Buy | Confidence: Medium
US Soybeans (ZS)
• Latest Price: 1,215.50c / bu | Last Updated: 06:25 UTC
• Daily Range: Open: 1,210.00 | High: 1,219.00 | Low: 1,207.00
• Daily Change: +5.50 (+0.45%) | 5H Change: +0.16%
• Classic Pivots: PP: 1,213.83 | R1: 1,220.67 | R2: 1,225.83 | S1: 1,208.67 | S2: 1,201.83
• Commentary: Soybeans extend mild gains above 1,215 on strong domestic processing crush margins. Sellers remain active near the 1,220 resistance level. Holding 1,210 preserves short-term upside. Momentum is Neutral-to-Bullish.
• Trading Bias: Buy | Confidence: Medium
US Wheat (ZW)
• Latest Price: 685.25c / bu | Last Updated: 06:25 UTC
• Daily Range: Open: 679.50 | High: 688.00 | Low: 677.00
• Daily Change: +5.75 (+0.85%) | 5H Change: +0.28%
• Classic Pivots: PP: 683.42 | R1: 689.83 | R2: 694.42 | S1: 678.83 | S2: 672.42
• Commentary: Wheat futures continue their advance toward 688.00, driven by Black Sea shipping concerns and active short covering. Bullish trend structure remains intact above the 683.40 pivot. Momentum is Bullish.
• Trading Bias: Buy | Confidence: High
US Cotton #2 (CT)
• Latest Price: 80.90c / lb | Last Updated: 06:25 UTC
• Daily Range: Open: 80.40 | High: 81.30 | Low: 80.10
• Daily Change: +0.50 (+0.62%) | 5H Change: +0.10%
• Classic Pivots: PP: 80.77 | R1: 81.43 | R2: 81.97 | S1: 80.23 | S2: 79.57
• Commentary: Cotton edges higher as technical support holds near 80.20. Sluggish industrial mill uptake caps broader breakout attempts above 81.50. Market remains range-bound. Momentum is Neutral.
• Trading Bias: Neutral | Confidence: Medium
4. GLOBAL EQUITY INDEX FUTURES
Dow Jones Futures (YMU26)
• Latest Price: 53,420 | Last Updated: 06:25 UTC
• Daily Range: Open: 53,180 | High: 53,510 | Low: 53,120
• Daily Change: +240 (+0.45%) | 5H Change: +0.15%
• Classic Pivots: PP: 53,350 | R1: 53,580 | R2: 53,740 | S1: 53,190 | S2: 52,960
• Commentary: Dow futures trade at elevated levels above 53,400, buoyed by strong corporate earnings across industrial and financial constituents. Dip buyers defend support near 53,200 vigorously. Momentum is Bullish.
• Trading Bias: Buy | Confidence: High
Nasdaq 100 Futures (NQU26)
• Latest Price: 27,850 | Last Updated: 06:25 UTC
• Daily Range: Open: 27,700 | High: 27,930 | Low: 27,640
• Daily Change: +150 (+0.54%) | 5H Change: +0.20%
• Classic Pivots: PP: 27,806 | R1: 27,973 | R2: 28,096 | S1: 27,683 | S2: 27,516
• Commentary: Tech futures rebounded as semiconductor names stabilized following recent profit-taking. A clean break above 27,950 opens a direct path toward the 28,100 resistance area. Momentum is Bullish.
• Trading Bias: Buy | Confidence: Medium
S&P 500 Futures (ESU26)
• Latest Price: 7,592.50 | Last Updated: 06:25 UTC
• Daily Range: Open: 7,565.00 | High: 7,605.00 | Low: 7,558.00
• Daily Change: +27.50 (+0.36%) | 5H Change: +0.12%
• Classic Pivots: PP: 7,585.17 | R1: 7,612.33 | R2: 7,632.17 | S1: 7,565.33 | S2: 7,538.17
• Commentary: S&P 500 futures trade firmly near 7,592, supported by strong market breadth across defensive and cyclical sectors. Holding above 7,585 pivot preserves immediate bullish structure. Momentum is Bullish.
• Trading Bias: Buy | Confidence: High
5. MAJOR FOREX PAIRS
EUR/USD: 1.1664 (+0.08%) | Last Updated: 06:25 UTC | 5H: +0.03%
• Daily Range: Open: 1.1655 | High: 1.1678 | Low: 1.1645
• Classic Pivots: PP: 1.1662 | R1: 1.1680 | R2: 1.1695 | S1: 1.1647 | S2: 1.1629
• Commentary: EUR/USD trades steadily near 1.1664 as Eurozone PMI improvements and broad US Dollar softness support the single currency. A break above 1.1680 targets 1.1710. Bias: Buy | Confidence: High
GBP/USD: 1.3380 (+0.12%) | Last Updated: 06:25 UTC | 5H: +0.05%
• Daily Range: Open: 1.3364 | High: 1.3395 | Low: 1.3350
• Classic Pivots: PP: 1.3375 | R1: 1.3400 | R2: 1.3420 | S1: 1.3355 | S2: 1.3330
• Commentary: Cable maintains a solid tone above 1.3375 on firm BoE policy expectations. Immediate resistance sits at 1.3400. Bias: Buy | Confidence: Medium
USD/JPY: 158.45 (-0.28%) | Last Updated: 06:25 UTC | 5H: -0.10%
• Daily Range: Open: 158.90 | High: 159.10 | Low: 158.20
• Classic Pivots: PP: 158.58 | R1: 158.97 | R2: 159.48 | S1: 158.07 | S2: 157.68
• Commentary: USD/JPY remains top-heavy beneath 158.90 as safe-haven Yen inflows and intervention sentiment persist. Major support sits at 158.00. Bias: Sell | Confidence: Medium
USD/CHF: 0.8115 (-0.20%) | Last Updated: 06:25 UTC | 5H: -0.06%
• Daily Range: Open: 0.8131 | High: 0.8145 | Low: 0.8102
• Classic Pivots: PP: 0.8121 | R1: 0.8139 | R2: 0.8164 | S1: 0.8096 | S2: 0.8078
• Commentary: Swiss Franc gains continue to push USD/CHF lower toward 0.8100. Resistance holds at 0.8140. Bias: Sell | Confidence: Medium
USD/CAD: 1.4030 (-0.18%) | Last Updated: 06:25 UTC | 5H: -0.05%
• Daily Range: Open: 1.4055 | High: 1.4070 | Low: 1.4015
• Classic Pivots: PP: 1.4038 | R1: 1.4062 | R2: 1.4093 | S1: 1.4007 | S2: 1.3983
• Commentary: The Loonie benefits from firm WTI Crude Oil prices above $85/bbl. Testing support at 1.4015. Bias: Sell | Confidence: Medium
AUD/USD: 0.6985 (+0.25%) | Last Updated: 06:25 UTC | 5H: +0.08%
• Daily Range: Open: 0.6968 | High: 0.7002 | Low: 0.6955
• Classic Pivots: PP: 0.6981 | R1: 0.7006 | R2: 0.7028 | S1: 0.6959 | S2: 0.6934
• Commentary: Aussie edges toward the 0.7000 handle on general Greenback softness and supportive base metals. Bias: Buy | Confidence: Medium
EUR/GBP: 0.8718 (-0.03%) | Last Updated: 06:25 UTC | 5H: -0.01%
• Daily Range: Open: 0.8721 | High: 0.8735 | Low: 0.8705
• Classic Pivots: PP: 0.8719 | R1: 0.8734 | R2: 0.8749 | S1: 0.8704 | S2: 0.8689
• Commentary: EUR/GBP trades in a tight consolidation band near 0.8720. Range-bound trading dominates the cross. Bias: Neutral | Confidence: High
EUR/JPY: 184.82 (-0.20%) | Last Updated: 06:25 UTC | 5H: -0.08%
• Daily Range: Open: 185.19 | High: 185.50 | Low: 184.50
• Classic Pivots: PP: 184.94 | R1: 185.38 | R2: 185.94 | S1: 184.38 | S2: 183.94
• Commentary: EUR/JPY consolidates below 185.00 as Yen strength offsets Euro stability. Support rests at 184.40. Bias: Sell | Confidence: Low
GBP/JPY: 212.00 (-0.16%) | Last Updated: 06:25 UTC | 5H: -0.05%
• Daily Range: Open: 212.34 | High: 212.75 | Low: 211.65
• Classic Pivots: PP: 212.13 | R1: 212.62 | R2: 213.23 | S1: 211.52 | S2: 211.03
• Commentary: GBP/JPY holds steady above 211.60. Structural uptrend remains valid on pullbacks. Bias: Buy | Confidence: Medium
AUD/JPY: 110.65 (-0.05%) | Last Updated: 06:25 UTC | 5H: -0.02%
• Daily Range: Open: 110.71 | High: 111.05 | Low: 110.35
• Classic Pivots: PP: 110.68 | R1: 111.02 | R2: 111.38 | S1: 110.32 | S2: 109.98
• Commentary: AUD/JPY consolidates near 110.65. Immediate resistance sits at 111.00. Bias: Neutral | Confidence: Medium
EUR/CHF: 0.9465 (-0.12%) | Last Updated: 06:25 UTC | 5H: -0.04%
• Daily Range: Open: 0.9476 | High: 0.9490 | Low: 0.9445
• Classic Pivots: PP: 0.9467 | R1: 0.9488 | R2: 0.9512 | S1: 0.9443 | S2: 0.9422
• Commentary: EUR/CHF trades with a mild downward tilt beneath 0.9480 as Swiss Franc safe-haven flows continue. Bias: Sell | Confidence: Medium
JPY/GBP: 0.004717 (+0.15%) | Last Updated: 06:25 UTC | 5H: +0.05%
• Daily Range: Open: 0.004710 | High: 0.004725 | Low: 0.004700
• Classic Pivots: PP: 0.004714 | R1: 0.004728 | R2: 0.004739 | S1: 0.004703 | S2: 0.004689
• Commentary: JPY/GBP holds steady within range parameters. Resistance holds at 0.004728. Bias: Neutral | Confidence: Low
━━━━━━━━━━━━━━━━━━━━━━━━━━━
TOP 5 TRADING OPPORTUNITIES
* Gold (GC) — BUY
• Entry: $4,655.00 – $4,665.00
• SL: $4,625.00 | TP1: $4,710.00 | TP2: $4,745.00
• R/R: 1:2.0
• Reason: Persistent safe-haven demand and structural breakout above daily pivot levels.
* Crude Oil WTI (CL) — BUY
• Entry: $84.80 – $85.30
• SL: $83.80 | TP1: $86.80 | TP2: $88.00
• R/R: 1:2.1
• Reason: OPEC+ output compliance and maritime shipping risk premiums driving strong trend momentum.
* Silver (SI) — BUY
• Entry: $69.40 – $69.80
• SL: $68.40 | TP1: $71.20 | TP2: $72.50
• R/R: 1:2.2
• Reason: Strong industrial demand and investment buying propelling prices above $69.60 pivot.
* EUR/USD — BUY
• Entry: 1.1635 – 1.1660
• SL: 1.1585 | TP1: 1.1720 | TP2: 1.1760
• R/R: 1:2.0
• Reason: US Dollar Index softness and positive Eurozone macro sentiment supporting 1.1700 retest.
* Dow Jones Futures (YMU26) — BUY
• Entry: 53,250 – 53,380
• SL: 52,980 | TP1: 53,800 | TP2: 54,100
• R/R: 1:2.0
• Reason: Resilient corporate earnings and solid dip-buying interest above 53,200 support.
━━━━━━━━━━━━━━━━━━━━━━━━━━━
OVERALL MARKET OUTLOOK
Global market direction today remains firmly constructive across Precious Metals and Energy commodities, supported by geopolitical risk premiums, supply-side discipline, and broad Greenback softness. Equity index futures sustain their record-level uptrends on resilient earnings, while tech futures find footing. Foreign exchange markets continue favoring European majors and the Japanese Yen against the US Dollar. PMEX institutional clients should utilize pivot support boundaries for position entries and adhere strictly to defined risk parameters.
━━━━━━━━━━━━━━━━━━━━━━━━━━━
CONTACT & CORPORATE INFORMATION
RAYAAN COMMODITIES (ARIF HABIB GROUP)
Ranked # 1 — Pakistan’s Largest Client Base In PMEX Commodities, Forex & Equities
60-64, Pakistan Stock Exchange Building, Stock Exchange Road, Karachi.74000
Commodities Help Desk: (92-21) 32461104 - 2512 - 0734 - 2598
Email: [email protected] | Website: www.rayaancommodities.com
This report is for informational purposes only and should not be considered financial or investment advice.

26/08/2026

Welcome to Rayaan Commodities Arif Habib Group -Top Broker for Gold Forex Silver Cotton & Crude Oil's channel! I'll be sharing what's going on behind the scenes and live updates here. Submit Email/Phone Number Here or Call us (021) 32460734-1104 or (021) 32462598 and Whatsapp on 03361949668

For FREE Digital Account Opening Click Here : https://www.rayaancommodities.com/?fbclid=IwdGRjcAT7hRlwZG9mAWZkaWQWUNP3PztYy5r2l51uvHPmhG_yW4WkqmV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR5wpMovU0SIj2SlVdH4GpdPVMLHz2TKMVV51qtOLtQjMSaQ8YDrX7GfLMi8jQ_aem_5pDe41S3NKdROGomFlEP7A

26/08/2026

Welcome to Rayaan Commodities Arif Habib Group -Top Broker for Gold Forex Silver Cotton & Crude Oil's channel! I'll be sharing what's going on behind the scenes and live updates here. Submit Email/Phone Number Here or Call us (021) 32460734-1104 or (021) 32462598 and Whatsapp on 03361949668

For FREE Digital Account Opening Click Here : https://www.rayaancommodities.com/?fbclid=IwdGRjcAT7hRlwZG9mAWZkaWQWUNP3PztYy5r2l51uvHPmhG_yW4WkqmV4dG4DYWVtAjExAHNydGMGYXBwX2lkCjY2Mjg1NjgzNzkAAR5wpMovU0SIj2SlVdH4GpdPVMLHz2TKMVV51qtOLtQjMSaQ8YDrX7GfLMi8jQ_aem_5pDe41S3NKdROGomFlEP7A

25/08/2026

25/08/2026

RAYAAN COMMODITIES (ARIF HABIB GROUP)
TOP BROKER OF THE PAKISTAN MERCANTILE EXCHANGE
━━━━━━━━━━━━━━━━━━━━━━━━━━━
GLOBAL MARKETS, COMMODITIES & FOREX DAILY REPORT
Date: August 24, 2026 | Issuance: 18:45 UTC
Prepared for: PMEX & Institutional Clients
━━━━━━━━━━━━━━━━━━━━━━━━━━━
GLOBAL MARKET SUMMARY
• US Dollar Index (DXY): 99.40 (-0.28%) | Trading on the defensive as markets adjust post-debt stabilization measures and Jackson Hole expectations.
• US Treasury Yields: Benchmark 10-year US Treasury yields steady at 4.48%, with 2-year yields around 4.18%.
• Federal Reserve: Markets position for incoming PCE inflation data and central bank commentary on monetary policy trajectory.
• OPEC+ Policy: Energy markets remain well-supported by tight supply balances and disciplined production compliance.
• Inflation Data: Core inflation measures maintain steady containment while traders monitor upcoming US PCE releases.
• Geopolitical Developments: Persistent safe-haven flows provide firm underlying tailwinds to precious metals and energy markets.
• Risk Sentiment: Moderate risk appetite in blue-chip equities balanced by consolidation in tech shares.
• Commodity Overview: Gold establishes fresh highs above $4,660/oz and Silver surges near $70.00/oz; WTI Crude holds strong near $85.00/bbl.
• Forex Overview: EUR/USD rallies toward 1.1665 on broad Greenback softness, while JPY remains resilient on intervention vigilance.
━━━━━━━━━━━━━━━━━━━━━━━━━━━
DETAILED INSTRUMENT ANALYSIS
1. PRECIOUS & INDUSTRIAL METALS
Gold (GC)
• Price: $4,660.60/oz | Daily: +$53.50 (+1.16%) | 5H: +0.32%
• Range: High $4,690.40 | Low $4,570.20
• Pivots: PP: $4,640.20 | R1: $4,710.20 | R2: $4,760.40 | S1: $4,590.00 | S2: $4,520.00
• Commentary: Gold trades near record levels at $4,660/oz, bolstered by persistent safe-haven flows and a softening US Dollar. Long positions remain firmly in control while trading above the $4,640 pivot. Initial technical resistance sits at $4,710. Momentum is Bullish.
• Bias: Buy | Confidence: High
Silver (SI)
• Price: $69.70/oz | Daily: +$0.75 (+1.09%) | 5H: +0.28%
• Range: High $70.15 | Low $68.45
• Pivots: PP: $69.43 | R1: $70.42 | R2: $71.13 | S1: $68.72 | S2: $67.73
• Commentary: Silver broke higher above $69.50/oz on robust industrial and investment demand. The metal is sustaining strong upward momentum toward $70.50 resistance. The technical trend remains clearly constructive above the daily pivot. Momentum is Bullish.
• Bias: Buy | Confidence: High
Copper (HG)
• Price: $6.32/lb | Daily: +$0.03 (+0.48%) | 5H: +0.10%
• Range: High $6.36 | Low $6.25
• Pivots: PP: $6.31 | R1: $6.37 | R2: $6.42 | S1: $6.26 | S2: $6.20
• Commentary: Copper trades with a positive tilt as physical market tightness cushions sentiment against macro crosscurrents. The red metal holds steadily above the $6.31 pivot level. Technical resistance lies near $6.37. Momentum is Neutral-to-Bullish.
• Bias: Buy | Confidence: Medium
Platinum (PL)
• Price: $1,612.40/oz | Daily: +$6.80 (+0.42%) | 5H: +0.15%
• Range: High $1,619.50 | Low $1,598.00
• Pivots: PP: $1,610.00 | R1: $1,621.90 | R2: $1,631.40 | S1: $1,600.40 | S2: $1,588.50
• Commentary: Platinum recovered above $1,610 on general precious metals tailwinds. Holding above the $1,600 baseline is crucial for buyers to test the $1,625 zone. Momentum is Neutral-to-Bullish.
• Bias: Buy | Confidence: Medium
Palladium (PA)
• Price: $1,258.00/oz | Daily: -$4.50 (-0.36%) | 5H: -0.08%
• Range: High $1,268.00 | Low $1,251.00
• Pivots: PP: $1,259.00 | R1: $1,267.00 | R2: $1,276.00 | S1: $1,250.00 | S2: $1,242.00
• Commentary: Palladium remains subdued below $1,260 due to steady auto-catalyst substitution trends. Technical bounces are met with steady selling pressure near $1,267. Momentum is Bearish.
• Bias: Sell | Confidence: Medium
2. ENERGY
Crude Oil WTI (CL)
• Price: $84.99/bbl | Daily: +$1.76 (+2.11%) | 5H: +0.45%
• Range: High $85.80 | Low $83.23
• Pivots: PP: $84.67 | R1: $86.12 | R2: $87.24 | S1: $83.55 | S2: $82.10
• Commentary: WTI Crude advanced to $85.00/bbl on heightened supply risks and ongoing OPEC+ production quotas. Dip buying remains active above $83.50. Upside targets point to $86.50 next. Momentum is Strong Bullish.
• Bias: Buy | Confidence: High
Natural Gas (NG)
• Price: $2.72/MMBtu | Daily: +$0.04 (+1.49%) | 5H: +0.20%
• Range: High $2.75 | Low $2.66
• Pivots: PP: $2.71 | R1: $2.76 | R2: $2.80 | S1: $2.67 | S2: $2.62
• Commentary: Natural Gas ticked higher toward $2.72 on late-summer power generation demand. The commodity is testing resistance at $2.76. Support holds firmly at $2.67. Momentum is Neutral-to-Bullish.
• Bias: Buy | Confidence: Medium
3. AGRICULTURAL COMMODITIES
US Corn (ZC)
• Price: 464.25c/bu | Daily: +2.50 (+0.54%) | 5H: +0.12%
• Range: High 466.00 | Low 460.00
• Pivots: PP: 463.42 | R1: 466.83 | R2: 469.42 | S1: 460.83 | S2: 457.42
• Commentary: Corn futures maintain mild upward momentum on steady export demand. A breakout above 466.00 opens room toward 470.00. Momentum is Bullish.
• Bias: Buy | Confidence: Medium
US Soybeans (ZS)
• Price: 1,212.00c/bu | Daily: +5.50 (+0.46%) | 5H: +0.18%
• Range: High 1,216.00 | Low 1,202.50
• Pivots: PP: 1,210.17 | R1: 1,217.83 | R2: 1,223.67 | S1: 1,204.33 | S2: 1,196.67
• Commentary: Soybeans reclaimed the 1,210.00 level on short covering and firm crush margins. Resistance is positioned at 1,218.00. Momentum is Neutral-to-Bullish.
• Bias: Buy | Confidence: Medium
US Wheat (ZW)
• Price: 682.50c/bu | Daily: +6.25 (+0.92%) | 5H: +0.30%
• Range: High 686.00 | Low 673.50
• Pivots: PP: 680.67 | R1: 687.83 | R2: 693.17 | S1: 675.33 | S2: 668.17
• Commentary: Wheat futures continue their rally past 682.00, driven by global export competition and supply risk premiums. Buyers are targeting 690.00. Momentum is Bullish.
• Bias: Buy | Confidence: High
US Cotton #2 (CT)
• Price: 80.65c/lb | Daily: +0.35 (+0.44%) | 5H: +0.08%
• Range: High 81.10 | Low 79.90
• Pivots: PP: 80.55 | R1: 81.20 | R2: 81.75 | S1: 80.00 | S2: 79.35
• Commentary: Cotton stabilized above 80.00 as technical support held on testing. Sluggish industrial mill demand keeps topside moves capped at 81.20. Momentum is Neutral.
• Bias: Neutral | Confidence: Medium
4. GLOBAL EQUITY INDEX FUTURES
Dow Jones Futures (YMU26)
• Price: 53,240 | Daily: +220 (+0.42%) | 5H: +0.15%
• Range: High 53,350 | Low 52,920
• Pivots: PP: 53,170 | R1: 53,420 | R2: 53,600 | S1: 52,990 | S2: 52,740
• Commentary: Blue-chip futures trade near records as resilient corporate earnings support broad sentiment. Strong buying persists above 53,000. Momentum is Bullish.
• Bias: Buy | Confidence: High
Nasdaq 100 Futures (NQU26)
• Price: 27,780 | Daily: +130 (+0.47%) | 5H: +0.18%
• Range: High 27,860 | Low 27,550
• Pivots: PP: 27,730 | R1: 27,910 | R2: 28,040 | S1: 27,600 | S2: 27,420
• Commentary: Tech futures rebounded after holding support at 27,550. Reclaiming 27,800 opens a path toward 28,000. Momentum is Bullish.
• Bias: Buy | Confidence: Medium
S&P 500 Futures (ESU26)
• Price: 7,575.25 | Daily: +18.50 (+0.25%) | 5H: +0.08%
• Range: High 7,588.50 | Low 7,544.00
• Pivots: PP: 7,569.25 | R1: 7,594.50 | R2: 7,613.75 | S1: 7,550.00 | S2: 7,524.75
• Commentary: S&P 500 futures trade solidly above 7,570, supported by balanced market breadth. Resistance sits at 7,595. Momentum is Bullish.
• Bias: Buy | Confidence: High
5. MAJOR FOREX PAIRS
EUR/USD: 1.1663 (+1.10%) | 5H: +0.18%
• Range: High: 1.1687 | Low: 1.1540
• Pivots: PP: 1.1630 | R1: 1.1720 | R2: 1.1775 | S1: 1.1575 | S2: 1.1485
• Commentary: EUR/USD advanced strongly to 1.1663 following broader Dollar weakness. Bulls are targeting 1.1700 while holding above 1.1600. Bias: Buy (High Conf.)
GBP/USD: 1.3365 (+0.35%) | 5H: +0.10%
• Range: High: 1.3385 | Low: 1.3300
• Pivots: PP: 1.3350 | R1: 1.3400 | R2: 1.3435 | S1: 1.3315 | S2: 1.3265
• Commentary: Cable holds strong above 1.3350, aided by firm BoE interest rate expectations. Bias: Buy (High Conf.)
USD/JPY: 158.85 (-0.45%) | 5H: -0.12%
• Range: High: 159.78 | Low: 158.03
• Pivots: PP: 158.88 | R1: 159.74 | R2: 160.62 | S1: 157.99 | S2: 157.12
• Commentary: USD/JPY remains top-heavy below 159.50 as intervention caution persists. Support sits at 158.00. Bias: Sell (Med Conf.)
USD/CHF: 0.8125 (-0.31%) | 5H: -0.09%
• Range: High: 0.8170 | Low: 0.8110
• Pivots: PP: 0.8135 | R1: 0.8160 | R2: 0.8185 | S1: 0.8100 | S2: 0.8075
• Commentary: USD/CHF edges lower due to persistent safe-haven Swiss Franc inflows. Resistance holds at 0.8160. Bias: Sell (Med Conf.)
USD/CAD: 1.4045 (-0.28%) | 5H: -0.08%
• Range: High: 1.4100 | Low: 1.4030
• Pivots: PP: 1.4058 | R1: 1.4087 | R2: 1.4128 | S1: 1.4017 | S2: 1.3988
• Commentary: The Canadian Dollar gains ground on WTI Crude's breakout toward $85/bbl. Bias: Sell (Med Conf.)
AUD/USD: 0.6975 (+0.42%) | 5H: +0.15%
• Range: High: 0.6990 | Low: 0.6930
• Pivots: PP: 0.6965 | R1: 0.7000 | R2: 0.7025 | S1: 0.6940 | S2: 0.6905
• Commentary: Aussie benefits from general Greenback softness, testing resistance at 0.7000. Bias: Buy (Med Conf.)
EUR/GBP: 0.8725 (+0.60%) | 5H: +0.08%
• Range: High: 0.8745 | Low: 0.8660
• Pivots: PP: 0.8710 | R1: 0.8760 | R2: 0.8795 | S1: 0.8675 | S2: 0.8625
• Commentary: EUR/GBP pushed higher on Euro outperformance across crosses. Bias: Buy (Med Conf.)
EUR/JPY: 185.30 (+0.70%) | 5H: +0.12%
• Range: High: 185.65 | Low: 183.90
• Pivots: PP: 184.95 | R1: 186.00 | R2: 186.70 | S1: 184.25 | S2: 183.20
• Commentary: EUR/JPY rallied past 185.00 as Euro strength outweighed JPY resilience. Bias: Buy (Med Conf.)
GBP/JPY: 212.30 (-0.10%) | 5H: -0.05%
• Range: High: 213.20 | Low: 211.80
• Pivots: PP: 212.43 | R1: 213.07 | R2: 213.83 | S1: 211.67 | S2: 211.03
• Commentary: Consolidating around 212.30. Support holds at 211.70. Bias: Neutral (High Conf.)
AUD/JPY: 110.80 (-0.05%) | 5H: -0.02%
• Range: High: 111.30 | Low: 110.40
• Pivots: PP: 110.83 | R1: 111.27 | R2: 111.73 | S1: 110.37 | S2: 109.93
• Commentary: Range-bound around 110.80. Bias: Neutral (Med Conf.)
EUR/CHF: 0.9478 (+0.75%) | 5H: +0.10%
• Range: High: 0.9495 | Low: 0.9400
• Pivots: PP: 0.9458 | R1: 0.9515 | R2: 0.9553 | S1: 0.9420 | S2: 0.9363
• Commentary: Euro demand pushed the cross higher toward 0.9480. Bias: Buy (Med Conf.)
JPY/GBP: 0.004710 (+0.10%) | 5H: +0.02%
• Range: High: 0.004725 | Low: 0.004685
• Pivots: PP: 0.004707 | R1: 0.004728 | R2: 0.004747 | S1: 0.004688 | S2: 0.004667
• Commentary: Range-bound conditions prevail. Bias: Neutral (Low Conf.)
━━━━━━━━━━━━━━━━━━━━━━━━━━━
TOP 5 TRADING OPPORTUNITIES
* Gold (GC) — BUY
• Entry: $4,645.00 – $4,660.00
• SL: $4,600.00 | TP1: $4,710.00 | TP2: $4,750.00
• R/R: 1:2.0
• Reason: Strong bullish momentum backed by persistent safe-haven inflows and technical breakout.
* Crude Oil WTI (CL) — BUY
• Entry: $84.20 – $84.80
• SL: $83.00 | TP1: $86.50 | TP2: $87.80
• R/R: 1:2.1
• Reason: Robust supply-side support and momentum continuation above $84.50.
* EUR/USD — BUY
• Entry: 1.1620 – 1.1650
• SL: 1.1560 | TP1: 1.1720 | TP2: 1.1770
• R/R: 1:2.0
• Reason: Dollar index softness accelerating momentum toward 1.1700.
* Silver (SI) — BUY
• Entry: $69.00 – $69.50
• SL: $68.00 | TP1: $71.00 | TP2: $72.50
• R/R: 1:2.2
• Reason: Clear technical breakout above $69.00 driven by strong investment demand.
* Dow Jones Futures (YMU26) — BUY
• Entry: 53,100 – 53,200
• SL: 52,800 | TP1: 53,600 | TP2: 53,850
• R/R: 1:2.0
• Reason: Blue-chip earnings resilience maintaining higher-high structure.
━━━━━━━━━━━━━━━━━━━━━━━━━━━
OVERALL MARKET OUTLOOK
Global market direction remains decisively constructive for precious metals and energy commodities, propelled by geopolitical safe-haven bids and cartel supply compliance. Equity index futures continue their steady upward march driven by corporate earnings strength. In foreign exchange, broad U.S. Dollar softness is providing solid tailwinds for European currencies, while JPY remains supported by intervention vigilance. PMEX clients should respect daily pivot support zones and maintain strict risk management.
━━━━━━━━━━━━━━━━━━━━━━━━━━━
CONTACT & CORPORATE INFORMATION
RAYAAN COMMODITIES (ARIF HABIB GROUP)
Ranked # 1 — Pakistan’s Largest Client Base In PMEX Commodities, Forex & Equities
60-64, Pakistan Stock Exchange Building, Stock Exchange Road, Karachi.74000
Commodities Help Desk: (92-21) 32461104 - 2512 - 0734 - 2598
Email: [email protected] | Website: www.rayaancommodities.com
This report is for informational purposes only and should not be considered financial or investment advice.

24/08/2026

Research Report