🇺🇸 US Pre-Market: Mixed 📊

The US stock market is showing mixed trends in pre-market trading, with a slight upward bias.

In the Information Technology sector, NVIDIA (NVDA) is down 0.55%, Broadcom (AVGO) is down 1.05%, while Microsoft (MSFT) is up 0.57%.

In the Communication Services sector, Alphabet (GOOGL) is down 0.29%.

In the Energy sector, Exxon Mobil (XOM) is up 1.08%, while Chevron (CVX) is up 0.88%.

From a foreign exchange perspective, this points to a moderate risk-on environment: investors remain interested in US equities — particularly in the energy sector and select tech names — which supports demand for the dollar as an equity market currency while limiting its role as a purely safe-haven asset. As a result, the short-term dollar trend appears largely neutral and stable.

Stock markets keep rising, but momentum slows

The dollar regained ground as the fragile truce between the US and Iran appeared increasingly unstable. The dollar index moved back towards its April highs, recovering losses seen after the first signs of compromise between the two sides.

However, investors still seem to be betting on de-escalation whenever tensions begin to ease. That is an important signal for those who believe the market often prices in the most likely outcome.

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▶️ Pro News Weekly: Markets Surge as Crypto Slides

Welcome to Pro News Weekly!

💵 The U.S. dollar regains strength as renewed uncertainty surrounding the fragile US–Iran truce pushes investors back toward safe-haven assets. However, despite rising Treasury yields and continued pressure in bond markets, demand for the dollar remains relatively cautious.

📊 Stock indices continue climbing to fresh all-time highs, with the S&P 500 now approaching a ninth consecutive week of gains. While the rally remains historically strong, some investors are beginning to question whether profit-taking and stretched positioning could trigger a short-term pullback ahead of the holiday season.

🪙 Gold slips below key support levels as easing tensions around the Strait of Hormuz and rising bond yields weaken demand for non-yielding assets. Traders are now watching closely to see whether the metal can hold its critical 200-day moving average or face a deeper correction toward the $4,000 region.

₿ Bitcoin remains under heavy pressure after failing to hold above $82,000, with the latest sell-off increasing fears that the crypto market may be entering a broader bearish phase. Ethereum has also fallen below major long-term support, raising concerns that confidence across the digital asset market is starting to weaken.

Will record-high equity markets continue defying macro risks, or could rising yields, slowing momentum and renewed geopolitical uncertainty finally trigger a larger correction across global assets?

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🗓 Economic Calendar at 2026/05/29 (GMT)

07:55 🇩🇪 Unemployment Change — Exp: 11K Actual: -12K

07:55 🇩🇪 Unemployment Rate — Exp: 6.4% Actual: 6.3%

08:20 🇬🇧 ⚡️ BOE Governor Andrew Bailey Speaks

12:00 🇩🇪 Consumer Price Index — Exp: 0.1% | 2.8% Actual: -0.2% | 2.6%

12:00 🇩🇪 Consumer Price Index - EU Harmonised — Exp: 0.2% | 2.8% Actual: -0.1% | 2.7%

12:30 🇺🇸 Goods Trade Balance — Exp: -86.7B Actual: -82.4B

12:30 🇨🇦 ⚡️ Gross Domestic Product — Exp: 0.1% | 0.9% Actual: -0.1 | 0.4%


[Updated in real time]

MGM Wave Analysis – 28 May 2026

- MGM broke resistance zone

- Likely to rise to resistance level 44.00

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Coca Cola Wave Analysis – 28 May 2026

Coca Cola: ⬇️ Sell

- Coca Cola reversed from resistance area

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⚠️ UK — BOE Governor Andrew Bailey Speaks at 08:20 GMT

Crypto: just enough optimism to halt the decline

The crypto market capitalisation rose by 1% over the past 24 hours, rebounding from the local lows reached the previous day, thanks to a shift towards riskier assets. However, the cryptocurrency market remains 10% below its local peak in early May and 43% below its global peak in October last year. By comparison, over the same period, the Nasdaq 100 gained 4% and 21% respectively, challenging the notion of a direct correlation between these indices. This by no means indicates widespread negativity, as over the past 24 hours Stellar has gained 23%, IOTA 13% and Algorand 10%, whilst the worst-performing coins among those actively traded were Bitcoin Cash (-6.3%), Tron (-3.3%) and Filecoin (-2%).

Bitcoin dipped below $73K on Thursday and is trading just above that level at the start of Friday. Weak performance against a backdrop of record highs in equities points to underlying demand weakness, entirely consistent with reports of outflows from institutional investors. Technicals are also on the sellers’ side, who are continuing to recoup the failure below the 50-day moving average following the failed attempt to breach the 200-day moving average earlier in May. Such buyer apathy keeps the possibility of a decline to the $65-67K range as the main scenario.

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Zcash Wave Analysis – 29 May 2026

- Zcash reversed from resistance area

- Likely to fall to support level 500.00

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WTI crude oil Wave Analysis – 29 May 2026

WTI crude oil: ⬇️ Sell

- WTI crude broke support area

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⚠️ Canada — Gross Domestic Product at 03:00 GMT

✔️ Prev: 0.2% | 1.0%

🕒 Exp: 0.1% | 0.9%

🎯 Fact.: -0.1 📉 | 0.4% 📉

The dollar rose only to fall

The USD index continues to react to news from the Middle East.

Divergence in monetary policy is working in favour of the EURUSD.

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Sony Wave Analysis – 29 May 2026

- Sony reversed from resistance level 23.00

- Likely to fall to support level 21.00

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AUDUSD Wave Analysis – 29 May 2026

- AUDUSD reversed from support area

- Likely to rise to resistance level 0.7265

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🇺🇸 US Pre-Market: Mostly Negative 📉

Mixed-to-negative trends are prevailing in the US stock market pre-market.

In the Information Technology sector, NVIDIA (NVDA) is up 0.29%, while Advanced Micro Devices (AMD) is up 0.35%, and Oracle (ORCL) is up 3.66%.

In the Communication Services sector, Alphabet (GOOGL) is down 1.28%.

In the Consumer Discretionary sector, Amazon (AMZN) is down 1.08%, while in the Consumer Staples sector, Walmart (WMT) is down 1.01%.

The predominance of declines among major US names reflects moderate risk-off sentiment. In this scenario, demand for the dollar as a safe-haven asset may receive local support through reallocation into Treasuries and more conservative dollar-denominated instruments.

Again, technical factors are saving gold from the drop

Gold fell below $4,400, reaching levels last seen during the prolonged March decline. At its intraday low, the price dipped below the 200-day moving average. Buyers have repeatedly stepped in around this level over the past three years. The last week of May was no exception. Beyond purely technical factors, the precious metal was supported by positive signals from the US-Iran front and an encouraging equity market rally, which boosted risk appetite.

The key difference between the current rally from $4,400 to levels above $4,500 and the one in March is that gold no longer appears heavily oversold, and market conditions appear much more balanced. A break below this level could open the way to the $4,000–$4,100 range. However, if selling pressure intensifies, the decline could prove much deeper, down to $3,400.

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🗓 Economic Calendar at 2026/05/31 (GMT)

01:30 🇨🇳 Manufacturing PMI — Exp: 50.2 Actual: 50.0

01:30 🇨🇳 Non-Manufacturing PMI — Exp: 49.5 Actual: 50.1


[Updated in real time]

🗓 Economic Calendar at 2026/06/01 (GMT)

00:30 🇺🇸 FOMC Member Jerome Powell Speaks

01:45 🇨🇳 Markit Manufacturing PMI — Exp: 51.4 Actual: 51.8

07:00 🇨🇭 Gross Domestic Product — Exp: 0.5% | 0.4% Actual: 0.7% | 0.5%

08:00 🇪🇺 Manufacturing PMI — Exp: 51.4 Actual: 51.6

13:30 🇨🇦 S&P Global Manufacturing PMI Actual: 52.9

14:00 🇺🇸 ⚡️ ISM Manufacturing PMI — Exp: 53.3 Actual: 54.0


[Updated in real time]