Partnerships built on trust. Conversations that create value. Opportunities for growth. 🇲🇦
On 13 June, XS welcomed partners, traders, and industry professionals to Casablanca for an exclusive seminar focused on market insights, industry trends, and long-term collaboration.
Through presentations, discussions, and networking sessions, attendees exchanged ideas, explored opportunities, and strengthened relationships across the trading community.
Thank you to everyone who joined us and contributed to a productive and engaging day in Casablanca.
Swipe through to explore some of the moments from the event.
#Casablanca #Morocco #XScom #XScomGlobal #Trading #Finance #Partnerships #Networking #BusinessGrowth
On 13 June, XS welcomed partners, traders, and industry professionals to Casablanca for an exclusive seminar focused on market insights, industry trends, and long-term collaboration.
Through presentations, discussions, and networking sessions, attendees exchanged ideas, explored opportunities, and strengthened relationships across the trading community.
Thank you to everyone who joined us and contributed to a productive and engaging day in Casablanca.
Swipe through to explore some of the moments from the event.
#Casablanca #Morocco #XScom #XScomGlobal #Trading #Finance #Partnerships #Networking #BusinessGrowth
Happy New Hijri Year from XS.com!
May this year be filled with peace, prosperity, and new opportunities.
#NewHijriYear #XScom #XScomGlobal
May this year be filled with peace, prosperity, and new opportunities.
#NewHijriYear #XScom #XScomGlobal
The Dow Jones gained 0.92% in the previous session as easing oil prices and improving inflation expectations boosted market sentiment. Lower oil prices, driven by reduced Middle East tensions, supported hopes of softer inflation and a more accommodative Fed stance. Meanwhile, a weaker U.S. dollar and lower Treasury yields encouraged investors to return to equities.
Attention now turns to this week’s Fed meeting, where markets expect interest rates to remain unchanged.
On the H1 chart, US30 remains in a short-term uptrend after breaking above its previous descending channel. The index is trading around 51,727, holding above the key support zone at 51,600–51,650. If this support remains intact, price could retest the 51,900–52,000 resistance area. A break below support may trigger a correction toward 51,150–51,200.
Attention now turns to this week’s Fed meeting, where markets expect interest rates to remain unchanged.
On the H1 chart, US30 remains in a short-term uptrend after breaking above its previous descending channel. The index is trading around 51,727, holding above the key support zone at 51,600–51,650. If this support remains intact, price could retest the 51,900–52,000 resistance area. A break below support may trigger a correction toward 51,150–51,200.
The S&P 500 surged 1.65% in the previous session as investors grew more optimistic ahead of the Fed’s policy meeting. Expectations that the Fed will leave rates unchanged, combined with lower oil prices, a weaker U.S. dollar, and declining Treasury yields, boosted confidence that inflation pressures may continue to ease.
Technology and growth stocks led the rally, while broader market participation improved, indicating stronger overall risk sentiment.
On the H1 chart, US500 remains in a short-term uptrend after breaking above its consolidation range. The index is trading around 7,550–7,555 and holding above key support at 7,520–7,530. If support holds, price could advance toward the 7,590–7,610 resistance zone. A break below 7,520 may lead to a pullback toward 7,480–7,490, with further downside potential toward 7,420–7,430.
Technology and growth stocks led the rally, while broader market participation improved, indicating stronger overall risk sentiment.
On the H1 chart, US500 remains in a short-term uptrend after breaking above its consolidation range. The index is trading around 7,550–7,555 and holding above key support at 7,520–7,530. If support holds, price could advance toward the 7,590–7,610 resistance zone. A break below 7,520 may lead to a pullback toward 7,480–7,490, with further downside potential toward 7,420–7,430.
Gold extended its recovery for a third straight session, climbing to around USD 4,300/oz as easing oil prices and a weaker U.S. dollar supported demand. Lower oil prices have helped ease inflation concerns, strengthening expectations that the Fed may adopt a less restrictive stance in the coming months.
Meanwhile, softer Treasury yields and a weaker dollar improved gold’s appeal, with investors now focusing on the upcoming Fed meeting for further direction.
On the H1 chart, XAUUSD remains in a short-term recovery trend, trading near 4,311 within an ascending channel. However, momentum is slowing after rejection from the 4,340–4,365 resistance zone. If price holds above 4,300–4,315, gold could retest 4,345–4,365 and potentially move toward 4,400. A break below 4,300 may trigger a correction toward 4,280, with deeper support seen at 4,190–4,210.
Meanwhile, softer Treasury yields and a weaker dollar improved gold’s appeal, with investors now focusing on the upcoming Fed meeting for further direction.
On the H1 chart, XAUUSD remains in a short-term recovery trend, trading near 4,311 within an ascending channel. However, momentum is slowing after rejection from the 4,340–4,365 resistance zone. If price holds above 4,300–4,315, gold could retest 4,345–4,365 and potentially move toward 4,400. A break below 4,300 may trigger a correction toward 4,280, with deeper support seen at 4,190–4,210.
Bitcoin extended its recovery for a third consecutive session as U.S. spot Bitcoin ETFs returned to net inflows, signaling easing institutional selling pressure and renewed buying interest. Improved risk sentiment, supported by lower oil prices, Treasury yields, and a softer U.S. dollar, also contributed to the rebound.
While the recovery is encouraging, investors are looking for stronger ETF inflows and a potentially dovish Fed stance to confirm a more sustainable uptrend.
On the H1 chart, BTCUSD remains in a short-term recovery trend despite pulling back from the 67,000–67,300 resistance zone. The price is currently trading around 65,650, with support at 65,300–65,500. Holding above this area could allow Bitcoin to retest 67,000–67,300, while a break lower may trigger a correction toward the 63,000–63,500 support zone.
While the recovery is encouraging, investors are looking for stronger ETF inflows and a potentially dovish Fed stance to confirm a more sustainable uptrend.
On the H1 chart, BTCUSD remains in a short-term recovery trend despite pulling back from the 67,000–67,300 resistance zone. The price is currently trading around 65,650, with support at 65,300–65,500. Holding above this area could allow Bitcoin to retest 67,000–67,300, while a break lower may trigger a correction toward the 63,000–63,500 support zone.
Media is too big
VIEW IN TELEGRAM
Dow Jones (US30)
The Dow Jones Industrial Average fell on Wednesday as Wall Street pulled back from its recent rally. Investor enthusiasm cooled after President Donald Trump clarified that the preliminary peace deal with Iran was not yet final. This announcement raised fears that the conflict could resume, pushing oil prices back up and fueling widespread inflation worries across the market.
Further pressure mounted after the Federal Reserve held interest rates steady but signaled a hawkish shift. New central bank chief Kevin Warsh noted that previous expectations for rate cuts this year have been removed. With policymakers now projecting potential borrowing cost increases by the end of the year, investors adopted a highly cautious approach toward industrial and financial sectors.
US30 is demonstrating a sharp bearish rejection on the four-hour timeframe after encountering a wall of supply at its recent peak. The index aggressively advanced into the bearish order block (OB) zone spanning 51,951.6 to 52,270.7 but failed to sustain its upward momentum, triggering a rapid downward move. This sudden turn has pushed the price action directly back toward the 0.786 Fibonacci level at 51,721.1. Looking at the upside scenario, if buyers manage to absorb this selling pressure and force a clean breakout above the bearish order block (OB) zone from 51,951.6 to 52,270.7, the index will attract substantial buying interest toward higher extension targets. In this case, the rally would point toward the 1.272 Fibonacci level at 52,969.2 and the 1.414 Fibonacci level at 53,333.9.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
The Dow Jones Industrial Average fell on Wednesday as Wall Street pulled back from its recent rally. Investor enthusiasm cooled after President Donald Trump clarified that the preliminary peace deal with Iran was not yet final. This announcement raised fears that the conflict could resume, pushing oil prices back up and fueling widespread inflation worries across the market.
Further pressure mounted after the Federal Reserve held interest rates steady but signaled a hawkish shift. New central bank chief Kevin Warsh noted that previous expectations for rate cuts this year have been removed. With policymakers now projecting potential borrowing cost increases by the end of the year, investors adopted a highly cautious approach toward industrial and financial sectors.
US30 is demonstrating a sharp bearish rejection on the four-hour timeframe after encountering a wall of supply at its recent peak. The index aggressively advanced into the bearish order block (OB) zone spanning 51,951.6 to 52,270.7 but failed to sustain its upward momentum, triggering a rapid downward move. This sudden turn has pushed the price action directly back toward the 0.786 Fibonacci level at 51,721.1. Looking at the upside scenario, if buyers manage to absorb this selling pressure and force a clean breakout above the bearish order block (OB) zone from 51,951.6 to 52,270.7, the index will attract substantial buying interest toward higher extension targets. In this case, the rally would point toward the 1.272 Fibonacci level at 52,969.2 and the 1.414 Fibonacci level at 53,333.9.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
S&P 500
The S&P 500 dropped by more than 1% on Wednesday. The decline came as traders reacted to the Federal Reserve's newly revealed projections indicating interest rate hikes later this year. Although robust retail sales data for May showed resilient consumer spending, rising gasoline prices kept long-term inflation anxieties at the forefront of market concerns.
Geopolitical uncertainty added to the retreat after President Trump stated the U.S. agreement with Iran remains subject to change. This stalled the market's previous multi-day rally, overshadowing earlier optimism. Investors are now recalibrating their expectations as the central bank prioritizes price stability, leaving market participants heavily focused on upcoming labor data for further clues.
US500 is undergoing a notable downward retracement on the four-hour timeframe after a recent bullish advance halted short of the upper supply region. The index had previously initiated a strong rally from its lower-demand areas, but it faced a bearish rejection before reaching the bearish order block (OB) zone, ranging from 7575.7 to 7620.6. At present, the index is losing ground rapidly, having fallen back below the 0.786 Fibonacci level at 7502.4. It is currently descending toward the next key demand area, showing a short-term shift in momentum as sellers accelerate the price lower. Looking at the upside scenario, if buyers manage to absorb the selling pressure and continue the upward trend, the index will target a recovery above the 0.786 Fibonacci level at 7502.4, with a successful breakout drawing buyers' attention toward the bearish order block (OB) zone from 7575.7 to 7620.6. Overcoming this resistance zone would clear the way for a continuation of the upward trend toward the higher extension targets at the 1.272 Fibonacci level at 7675.0 and the 1.414 Fibonacci level at 7725.4.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
The S&P 500 dropped by more than 1% on Wednesday. The decline came as traders reacted to the Federal Reserve's newly revealed projections indicating interest rate hikes later this year. Although robust retail sales data for May showed resilient consumer spending, rising gasoline prices kept long-term inflation anxieties at the forefront of market concerns.
Geopolitical uncertainty added to the retreat after President Trump stated the U.S. agreement with Iran remains subject to change. This stalled the market's previous multi-day rally, overshadowing earlier optimism. Investors are now recalibrating their expectations as the central bank prioritizes price stability, leaving market participants heavily focused on upcoming labor data for further clues.
US500 is undergoing a notable downward retracement on the four-hour timeframe after a recent bullish advance halted short of the upper supply region. The index had previously initiated a strong rally from its lower-demand areas, but it faced a bearish rejection before reaching the bearish order block (OB) zone, ranging from 7575.7 to 7620.6. At present, the index is losing ground rapidly, having fallen back below the 0.786 Fibonacci level at 7502.4. It is currently descending toward the next key demand area, showing a short-term shift in momentum as sellers accelerate the price lower. Looking at the upside scenario, if buyers manage to absorb the selling pressure and continue the upward trend, the index will target a recovery above the 0.786 Fibonacci level at 7502.4, with a successful breakout drawing buyers' attention toward the bearish order block (OB) zone from 7575.7 to 7620.6. Overcoming this resistance zone would clear the way for a continuation of the upward trend toward the higher extension targets at the 1.272 Fibonacci level at 7675.0 and the 1.414 Fibonacci level at 7725.4.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
Gold (XAU/USD)
Gold prices plunged nearly 2% on Wednesday before rebounding above $4,300 an ounce on Thursday. The initial drop was triggered by a strengthening U.S. dollar and the Federal Reserve's aggressive policy stance regarding future interest rate. Because bullion does not generate interest, expectations of tighter monetary policy increased the opportunity cost of holding the metal, dampening its immediate market appeal.
However, the precious metal recovered after President Trump signed an interim agreement to halt the conflict with Iran. This deal outlines the swift reopening of the crucial Strait of Hormuz and the lifting of sanctions on Iranian oil exports. While ongoing diplomatic negotiations provide a shifting backdrop, gold remains highly sensitive to both central bank statements and energy market developments.
Gold is showing a sharp upward bounce on the four-hour timeframe, recovering from a recent localized drop. The commodity experienced a rapid downside flush that intersected the bullish order block (OB) zone, stretching from 4,170.32 to 4,228.02, where a strong influx of buyers quickly rejected lower prices. This corrective move followed an earlier rejection at the overhead bearish order block (OB) zone, which extends up to 4,382.21. Currently, the metal is trading near the resistance level at 4,331.12, holding its ground just above the 0.786 Fibonacci level at 4,305.54, as buyers attempt to reclaim overhead territory and stabilize the near-term trend. Looking at the upside scenario, if the positive momentum persists and forces a clean breakout above the bearish order block (OB) zone at 4,382.21, the yellow metal will attract substantial buying interest toward the premium bearish order block (OB) zone that ranges from 4,464.35 to 4,515.40. Reclaiming that higher territory would position the market to challenge the 1.272 Fibonacci level at 4,479.66 and the 1.414 Fibonacci level at 4,530.54, with the final macro expansion target sitting at the 1.618 Fibonacci level at 4,603.63.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
Gold prices plunged nearly 2% on Wednesday before rebounding above $4,300 an ounce on Thursday. The initial drop was triggered by a strengthening U.S. dollar and the Federal Reserve's aggressive policy stance regarding future interest rate. Because bullion does not generate interest, expectations of tighter monetary policy increased the opportunity cost of holding the metal, dampening its immediate market appeal.
However, the precious metal recovered after President Trump signed an interim agreement to halt the conflict with Iran. This deal outlines the swift reopening of the crucial Strait of Hormuz and the lifting of sanctions on Iranian oil exports. While ongoing diplomatic negotiations provide a shifting backdrop, gold remains highly sensitive to both central bank statements and energy market developments.
Gold is showing a sharp upward bounce on the four-hour timeframe, recovering from a recent localized drop. The commodity experienced a rapid downside flush that intersected the bullish order block (OB) zone, stretching from 4,170.32 to 4,228.02, where a strong influx of buyers quickly rejected lower prices. This corrective move followed an earlier rejection at the overhead bearish order block (OB) zone, which extends up to 4,382.21. Currently, the metal is trading near the resistance level at 4,331.12, holding its ground just above the 0.786 Fibonacci level at 4,305.54, as buyers attempt to reclaim overhead territory and stabilize the near-term trend. Looking at the upside scenario, if the positive momentum persists and forces a clean breakout above the bearish order block (OB) zone at 4,382.21, the yellow metal will attract substantial buying interest toward the premium bearish order block (OB) zone that ranges from 4,464.35 to 4,515.40. Reclaiming that higher territory would position the market to challenge the 1.272 Fibonacci level at 4,479.66 and the 1.414 Fibonacci level at 4,530.54, with the final macro expansion target sitting at the 1.618 Fibonacci level at 4,603.63.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
Bitcoin (BTCUSD)
Bitcoin declined by almost 2% yesterday, reacting with macroeconomic indicators and shifting sentiment across broader markets. The digital asset faced headwinds following the Fed decision hawkish stance. As the central bank signaled potential interest rate hikes later this year to counter persistent inflation, risk appetite cooled across the board, impacting assets that lack direct cash flows.
Geopolitical headlines also dictated price action as investors monitored the fluid situation between the United States and Iran. President Trump's announcement of an interim peace agreement initially provided relief, but subsequent comments regarding the deal's uncertain finality renewed market anxiety. Consequently, Bitcoin experienced continued volatility as participants weighed restrictive monetary policy projections against changing global trade conditions.
BTCUSD is displaying a corrective downward move on the four-hour timeframe, retracing toward a key demand area. Following a recent rejection at higher levels, the coin is currently testing the bullish order block (OB) zone spanning 62,964.00 to 64,347.32. This pullback follows an earlier bullish change of character CHoCH where price action broke above the 64,347.32 level to establish temporary upward control. Looking at the upside scenario, if buyers defend this region and resume the positive trend, the next highlighted area likely to draw buyers' attention is the bearish order block (OB) zone spanning 66,058.06 to 67,264.00. A clean breakout above this zone would allow the pair to advance further toward the higher bearish fair value gap (FVG) zone ranging from 68,002.86 to 69,216.84.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.
Bitcoin declined by almost 2% yesterday, reacting with macroeconomic indicators and shifting sentiment across broader markets. The digital asset faced headwinds following the Fed decision hawkish stance. As the central bank signaled potential interest rate hikes later this year to counter persistent inflation, risk appetite cooled across the board, impacting assets that lack direct cash flows.
Geopolitical headlines also dictated price action as investors monitored the fluid situation between the United States and Iran. President Trump's announcement of an interim peace agreement initially provided relief, but subsequent comments regarding the deal's uncertain finality renewed market anxiety. Consequently, Bitcoin experienced continued volatility as participants weighed restrictive monetary policy projections against changing global trade conditions.
BTCUSD is displaying a corrective downward move on the four-hour timeframe, retracing toward a key demand area. Following a recent rejection at higher levels, the coin is currently testing the bullish order block (OB) zone spanning 62,964.00 to 64,347.32. This pullback follows an earlier bullish change of character CHoCH where price action broke above the 64,347.32 level to establish temporary upward control. Looking at the upside scenario, if buyers defend this region and resume the positive trend, the next highlighted area likely to draw buyers' attention is the bearish order block (OB) zone spanning 66,058.06 to 67,264.00. A clean breakout above this zone would allow the pair to advance further toward the higher bearish fair value gap (FVG) zone ranging from 68,002.86 to 69,216.84.
(Chart powered by TradingView. Charts are for educational and illustrative purposes only and may differ from live trading prices on our platform.)
Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.