WTI crude oil Wave Analysis – 20 May 2026

WTI crude oil: ⬇️ Sell

- WTI crude oil reversed from resistance zone

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ USA — FOMC Meeting Minutes at 18:00 GMT

🗓 Economic Calendar at 2026/05/21 (GMT)

01:30 🇦🇺 ⚡️ Employment Change — Exp: 16.7K Actual: -18.6K

01:30 🇦🇺 ⚡️ Unemployment Rate — Exp: 4.3% Actual: 4.5%

01:30 🇦🇺 Part-Time Employment Change Actual: -10.7K | -7.9K

07:15 🇫🇷 Manufacturing PMI — Exp: 52.5 Actual: 48.9

07:15 🇫🇷 Services PMI — Exp: 46.5 Actual: 42.9

07:15 🇫🇷 PMI Composite — Exp: 47.7 Actual: 43.5

07:30 🇩🇪 Manufacturing PMI — Exp: 51.0 Actual: 49.9

07:30 🇩🇪 Services PMI — Exp: 47.0 Actual: 47.8

07:30 🇩🇪 PMI Composite — Exp: 48.4 Actual: 48.6

08:00 🇪🇺 Manufacturing PMI — Exp: 51.9 Actual: 51.4

08:00 🇪🇺 Services PMI — Exp: 47.7 Actual: 46.4

08:00 🇪🇺 PMI Composite — Exp: 48.8 Actual: 47.5

08:30 🇬🇧 Manufacturing PMI — Exp: 53.0 Actual: 53.7

08:30 🇬🇧 Services PMI — Exp: 51.8 Actual: 47.9

08:30 🇬🇧 PMI Composite — Exp: 51.7 Actual: 48.5

09:30 🇪🇺 European Commission Economic Forecasts

12:30 🇺🇸 Unemployment Claims — Exp: 210K Actual: 209K

12:30 🇺🇸 Building Permits — Exp: 1390K Actual: 1442K | 5.8%

12:30 🇺🇸 Housing Starts — Exp: 1410K Actual: 1465K | -2.8%

12:30 🇺🇸 Philly Fed Manufacturing Index — Exp: 17.9 Actual: -0.4

13:45 🇺🇸 Manufacturing PMI — Exp: 54.0 Actual: 55.3

13:45 🇺🇸 Services PMI — Exp: 51.0 Actual: 50.9

13:45 🇺🇸 PMI Composite — Exp: 51.8 Actual: 51.7

15:00 🇬🇧 ⚡️ BOE Governor Andrew Bailey Speaks

22:45 🇳🇿 Retail Sales — Exp: 0.6% | 0.9%

23:30 🇯🇵 ⚡️ National Consumer Price Index

23:30 🇯🇵 National Consumer Price Index Ex-Fresh Food — Exp: 1.7%


[Updated in real time]

⚠️ Australia — Employment Change at 03:00 GMT

✔️ Prev: 23.3K

🕒 Exp: 16.7K

🎯 Fact.: -18.6K 📉

———

⚠️ Australia — Unemployment Rate at 03:00 GMT

✔️ Prev: 4.3%

🕒 Exp: 4.3%

🎯 Fact.: 4.5% 📉

The crypto market is creeping upwards across the board

The crypto market capitalisation has risen by 1.3%, reaching $2.59T. The stock market’s return to growth has bolstered appetite for cryptocurrencies, allowing the market to rebound from the 50-day moving average. This could mark the start of a more sustained rally, similar to the one seen in April. Should the uptrend continue, the immediate resistance levels appear to be around $2.7T and $2.8T, where the previous local highs and the 200-day moving average are located, respectively. In terms of 24-hour performance, Zcash is once again leading the pack (+14%), followed by Dash (+8%) and the volatile Toncoin (+6.3%). Performing worse than the rest but still in positive territory are Hedera (+0.1%), Ethereum Classic (+0.2%), and Cardano (+0.4%). This is a good indicator of the breadth of buying in the crypto market.

Bitcoin is trading at $78K, rising for the third day in a row after rebounding from the 50-day moving average and the area of recent local lows. The rebound looks fairly cautious so far. Likely, altcoins are currently attracting some retail buyers, while institutional investors are cautiously selling ETFs ahead of a quieter market and focusing on big tech.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

The Fed calmed the markets down

The FOMC has started discussing rate hikes.

Gold is under pressure amid Russia’s bullion sales.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

▶️ Crude Oil. Current situation

Today is Thursday, the 21st of May, and we're back to discuss the oil market.

I'm going to try to show you what a correction looks like and how to break out of it on the upside.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US Pre-Market: Mostly Negative 📉

Negative sentiment is prevailing in the US stock market pre-market, with major technology and consumer companies trading lower, reflecting a flight from risk.

In the Information Technology sector, NVIDIA (NVDA) is down 0.62%, Advanced Micro Devices (AMD) is down 2.59%, while Microsoft (MSFT) is down 0.68%.

In the Communication Services sector, Alphabet (GOOGL) is down 0.24%.

In the Energy sector, Exxon Mobil (XOM) is up 0.49%, while Chevron (CVX) is up 0.35%.

The prevailing pressure on major US shares points to risk-off sentiment within the US market, supporting short-term demand for the dollar as a safe-haven asset and for Treasuries, creating moderate potential for USD appreciation.

⚠️ UK — BOE Governor Andrew Bailey Speaks at 15:00 GMT

🗓 Economic Calendar at 2026/05/22 (GMT)

06:00 🇬🇧 Retail Sales With Auto Fuel — Exp: -0.6% | 1.3% Actual: -1.3% | 0.0%

06:00 🇬🇧 Retail Sales Ex Auto Fuel — Exp: -0.3% | 1.5% Actual: -0.4% | 1.1%

08:00 🇩🇪 Ifo Business Climate — Exp: 84.2 Actual: 84.9

08:00 🇩🇪 IFO - Current Assessment — Exp: 85.1 Actual: 86.1

08:00 🇩🇪 IFO - Expectations — Exp: 83.5 Actual: 83.8

12:30 🇨🇦 Retail Sales — Exp: 0.6% | 0.9% Actual: 0.9% | 1.4%

14:00 🇺🇸 UoM Consumer Sentiment — Exp: 48.2 Actual: 44.8


[Updated in real time]

Tron Wave Analysis – 21 May 2026

- Tron broke key resistance level 0.3525

- Likely to rise to resistance level 0.3665

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Apple Wave Analysis – 21 May 2026

- Apple broke resistance zone

- Likely to rise to resistance level 310.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Dogecoin Wave Analysis – 21 May 2026

Dogecoin reversed from support zone

- Likely to rise to resistance level 0.1160

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Nikkei 225 Wave Analysis – 21 May 2026

Nikkei 225: ⬆️ Buy

- Nikkei 225 reversed from round support level 60000.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ Japan — National Consumer Price Index at 03:00 GMT

✔️ Prev: 1.5%

🕒 Exp: 1.6%

🎯 Fact.: 1.4% 📉

The economy let the euro down

Business activity in the eurozone is lower.

The risk of further Japanese interventions has increased.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

▶️ Pro News Weekly: NVIDIA Earnings Fuel Wall Street Rally

Welcome to Pro News Weekly!

💵 The U.S. dollar weakens as falling Treasury yields and reduced expectations for a 2026 rate hike pressure the greenback, even as Fed officials continue warning that inflation may remain above target for longer.

📊 Stock indices remain near record highs after NVIDIA delivered explosive earnings growth and SpaceX IPO optimism boosted sentiment, though rising valuations and investor positioning are beginning to spark concerns of overheating similar to the dot-com era.

🪙 Gold stabilizes as lower yields and a softer dollar provide support, but elevated global bond yields and Russia’s continued gold sales are limiting upside momentum. Traders are also closely watching Middle East developments, which could heavily influence inflation expectations and safe-haven demand.

₿ Bitcoin continues to diverge from stocks and gold, with market dynamics increasingly driven by Michael Saylor’s Strategy, which has acquired more than 171,000 BTC this year alone. Some analysts now argue that traditional macro analysis matters less as a single company dominates crypto demand.

Will AI-fueled optimism and falling yields continue supporting risk assets, or could rising inflation pressures, Fed tightening fears and renewed geopolitical tensions trigger the next major shift across global markets?

🔔 Like, share, and subscribe for more weekly updates from FxPro!

👉 Register at https://www.fxpro.com and start trading like a pro!

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. Past performance is not a reliable indicator of future results.

#FxPro #Tradelikeapro #Pronewsweekly #Dollar #Stocks #Gold #Bitcoin

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Dow Jones Wave Analysis – 22 May 2026

Dow Jones: ⬆️ Buy

- Dow Jones broke resistance zone

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

GBPJPY Wave Analysis – 22 May 2026

- GBPJPY reversed from support zone

- Likely to rise to resistance level 214.40

——————
FxPro. Trade Like a Pro. | Subscribe | Boost