In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Trump has made more than $1 billion from crypto in a year. How? 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
 - EconoTimes)
Dollar index trading at 95.28 (-0.04%).
Strength meter (today so far) - Euro -0.11%, Franc -0.30%, Yen +0.22%, GBP +0.10%
Strength meter (since last week) - Euro +1.44%, Franc +0.99%, Yen +1.01%, GBP +0.60%
EUR/USD -
Trading at 1.127
Trend meter -
- Long term - Sell, Medium term - Range, Short term - Range/Buy support
Support -
- Long term - 1.048-1.036, Medium term - 1.065-1.06, Short term - 1.106
Resistance -
- Long term - 1.175-1.18, Medium term - 1.155-1.16, Short term - 1.14-1.145, Immediate - 1.132-1.135
Economic release today -
- Euro zone GDP grew 0.4% in first quarter.
Commentary -
- Euro is experiencing high volatility, dropped to 1.121 from 1.135 today. Short term bias remains upwards.
GBP/USD -
Trading at 1.536
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Sell resistance
Support -
- Long term - 1.425-1.417, Medium term - 1.497-1.49, Short term - 1.518-1.512, Immediate - 1.525-1.528
Resistance -
- Long term - 1.592-1.616, Medium term - 1.58-1.586, Short term - 1.566-1.57, Immediate - 1.542-1.545
Economic release today -
- Trade deficit dropped -1.2 billion in April.
Commentary -
- Improved trade balance provided support to pound which gained against all major counterparts today.
USD/JPY -
Trading at 124.3
Trend meter -
- Long term - Buy, Medium term - Range/Buy, Short term - Range/Buy
Support -
- Long term - 113.7-112.9, Medium term - 115.7-115, Short term - 119, Immediate - 123.6
Resistance -
- Long term - 130, Medium term - 127.5, Short term - 127.5
Economic release today -
- NIL
Commentary -
- Yen gained amid global risk aversion but remains a sell against dollar.
USD/CHF -
Trading at 0.93
Trend meter -
- Long term - Buy, Medium term - Range, Short term - Range/Buy support
Support -
- Long term - 0.88, Medium term - 0.917-0.913, Short term - 0.90, Immediate - 0.925
Resistance -
- Long term - 1.174, Medium term - 1.025-1.02, Short term - 0.984-0.987
Economic release today -
- Swiss CPI grew +0.2% m/m but remain negative at -1.2% from a year ago. Unemployment rate remained same at 3.3% in May.
Commentary -
- Franc is hovering close to support. Risk reward favors taking long position in the pair.
