Here are today's directional views from the global research desks of Ventura Prime FX! These are starting points for your own research to identify opportunities that make sense for you.
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DAILY NEWS BRIEF - MARKET OUTLOOK
June 17, 2026
 
   
 
Crude Oil (WTI)   Gold   EUR/USD   GBP/USD   USD/JPY   Silver   Dow Jones (CME)   S&P 500 (CME)  
 
 
  Market Wrap  
 
  Market Wrap: pre-opening session  
 
 
U.S. market futures trade mixed as investors prepare for Fed's interest rate decision. This will be the first under new Fed Chair Kevin Warsh, with the Fed funds rate widely expected to be unchanged at at 3.50% - 3.75%

U.S. stocks closed mixed on Tuesday. The S&P 500 slipped 42 points (-0.57%) to 7,511, the Nasdaq 100 fell 575 points (-1.89%) to 29,968, and the Dow Jones rose 328 points (+0.64%) to 51,999, a new record close.

On the sector front, the outperforming sectors were Financials (XLF), Utilities (XLU) and Industrials (XLI), while Technology (XLK), Energy (XLE) and Consumer Discretionary (XLY) underperformed the most.

On the stat front in the U.S. retail sales are estimated to grow 0.5% month-on-month in May, the same pace as in April.

European indices trade mostly slightly green. U.K.'s FTSE 100 is broadly steady before the Bank of England interest rate decision tomorrow. Yesterday, both Euro Stoxx 50 and Stoxx Europe 600 indexes posted record close. Regarding stocks, German carmaker BMW drops after issuing a profit warning. On the stat plan, U.K. inflation came in at 2.8% in May on an annual basis, below 3.0% expected and unchanged from April.

Asian indices were mostly green with Japan's Nikkei 225 index notching a third straight record close. Regarding stats, Japan's exports rose 17.0% year-on-year in May, above 16.2% expected, while machinery orders grew 8.7% month-on-month in April, above 0.9% estimated.

WTI crude oil prices consolidate above 75 dollars.

Gold and silver remain broadly steady before the Fed.

Bitcoin eases, crossing below 65,000 dollars.
 
 
  Premarket news  
 
 
SpaceX (SPCX), a spatial company, gains ground after closing above 200 dollars yesterday.

Chipmakers such as Broadcom (AVGO) or Micron Technology (MU) recoup part of their losses from yesterday's session.

Intel (INTC), a chipmaker, rises after announcing that "Intel 18A-P, the first performance enhancement in the Intel 18A family, has entered risk production, meeting the timeline first shared with customers and partners last year".

AST SpaceMobile (ASTS), a satellite designer and manufacturer, is well oriented after announcing the successful orbital launch of BlueBirds 8, 9, and 10 commercial communications satellites.

CarMax (KMX), a car and light truck retail chain, jumps as quarterly sales topped expectations.

La-Z-Boy (LZB), a furniture retailer, soars after posting quarterly earnings that beat estimates and announcing a 300 million dollars share buyback program.
 
 
  Expected Today  
 
 
No major earnings expected
 
 
  Canada  
 
 
On Tuesday, the S&P/TSX Composite Index rose 0.32% to 35,390 and the S&P/TSX 60 Index gained 0.28% to 2,069.

Lundin Mining (LUN), a mining company, will host today a Capital Markets Day "to outline its strategic vision to become a top-ten global copper producer". "The company's goal is to reach annual production of over 500,000 tonnes of copper and 550,000 ounces of gold." Meanwhile, Lunding Mining confirmed 2026 production guidance.

Groupe Dynamite (GRGD)'s, a clothing retailer, target price was cut to 91 dollars from 102 dollars at National Bank of Canada.

Gildan Activewear (GIL)'s, a branded clothing manufacturer, target price was cut to 65 dollars from 72 dollars at Scotiabank.
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
Crude Oil (WTI)‎ (Q6)‎ intraday: under pressure.
 
Pivot:
75.70
 
Our preference:
Short positions below 75.70 with targets at 74.10 & 73.00 in extension.
 
Alternative scenario:
Above 75.70 look for further upside with 76.40 & 77.40 as targets.
 
Comment:
As long as 75.70 is resistance, look for choppy price action with a bearish bias.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold intraday: consolidation in place.
 
Pivot:
4300
 
Our preference:
Long positions above 4300 with targets at 4365 & 4405 in extension.
 
Alternative scenario:
Below 4300 look for further downside with 4275 & 4245 as targets.
 
Comment:
Intraday technical indicators are mixed and call for caution.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday: bullish bias above 1.1590.
 
Pivot:
1.1590
 
Our preference:
Long positions above 1.1590 with targets at 1.1620 & 1.1640 in extension.
 
Alternative scenario:
Below 1.1590 look for further downside with 1.1575 & 1.1560 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday: intraday support around 1.3400.
 
Pivot:
1.3400
 
Our preference:
Long positions above 1.3400 with targets at 1.3440 & 1.3460 in extension.
 
Alternative scenario:
Below 1.3400 look for further downside with 1.3385 & 1.3365 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday: key resistance at 160.50.
 
Pivot:
160.50
 
Our preference:
Short positions below 160.50 with targets at 160.10 & 159.90 in extension.
 
Alternative scenario:
Above 160.50 look for further upside with 160.65 & 160.80 as targets.
 
Comment:
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver intraday: choppy.
 
Pivot:
68.95
 
Our preference:
Long positions above 68.95 with targets at 71.25 & 72.50 in extension.
 
Alternative scenario:
Below 68.95 look for further downside with 68.30 & 67.50 as targets.
 
Comment:
Intraday technical indicators lack momentum.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (U6)‎ intraday: consolidation in place.
 
Pivot:
52560
 
Our preference:
Short positions below 52560 with targets at 52190 & 52000 in extension.
 
Alternative scenario:
Above 52560 look for further upside with 52730 & 52910 as targets.
 
Comment:
The RSI is bearish and calls for further decline.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (U6)‎ intraday: consolidation in place.
 
Pivot:
7620
 
Our preference:
Short positions below 7620 with targets at 7565 & 7540 in extension.
 
Alternative scenario:
Above 7620 look for further upside with 7650 & 7675 as targets.
 
Comment:
As long as 7620 is resistance, look for choppy price action with a bearish bias.
 
Analyst Views Chart
 
Trade
 
 
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