DAILY NEWS BRIEF - MARKET OUTLOOK

August 24, 2026

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.

Crude Oil (WTI) Gold GBP/USD USD/JPY EUR/USD Silver Dow Jones (CME) S&P 500 (CME)

Market Wrap

Market Wrap: Stocks, Bonds, Commodities

On Friday, major U.S. stock indexes closed higher, with the S&P 500 rebounding 33 points (+0.43%) to 7,674, the Nasdaq 100 up 95 points (+0.33%) to 29,308, and the Dow Jones up 517 points (+0.98%) to 53,277.

For the week, the S&P 500 retreated 1.43% and the Nasdaq 100 lost 2.45%, both halting a three-week rebound.

Tesla (TSLA) jumped 5.14%. Nevada regulators approved the electric-vehicle maker to expand commercial robotaxi operations across Clark County, including Las Vegas.

Robinhood Markets (HOOD) surged 13.70%, leading the S&P 500. Coinbase (COIN) advanced 8.20% and Strategy (MSTR) was up 6.10%. Bitcoin’s sharp rally continued, boosting related stocks.

Freeport-McMoRan (FCX) gained 7.64% and Southern Copper (SCCO) gapped up 8.69%, as benchmark copper futures stayed firm.

Moderna (MRNA) rebounded 8.86% after retreating over 23% on Thursday.

Meanwhile, semiconductor stocks closed lower, with Marvell Technology (MRVL) falling 5.57%, Arm Holdings (ARM) down 2.95%, and Intel (INTC) down 2.24%.

The U.S. 10-year Treasury yield rebounded for a second session, adding 2.8 basis points to 4.736%.

European stocks closed higher, with the DAX 40 rising 0.59%, the CAC 40 up 0.37%, and the FTSE 100 up 0.64%.

In early Asian trading hours on Monday, spot gold held at 4,614 dollars an ounce, around its 3-month high.

U.S. WTI crude futures eased slightly to 86.34 dollars a barrel.

U.S. Treasury Secretary Scott Bessent said he will on Monday unveil plans to economically isolate Iran and its trading partners. China, the top buyer of Iranian oil, is widely expected to feel the impact.

Market Wrap: Forex

In early Asian trading hours on Monday, the U.S. dollar remained subdued, as EUR/USD stayed buoyed at 1.1675, GBP/USD at 1.3643, and AUD/USD at 0.7170.

USD/JPY held at 158.95.

USD/CAD traded at 1.3795. After U.S.-Canada trade talks collapsed Friday, the Trump administration imposed 50% tariffs on Canadian products worth roughly 20 billion dollars Saturday. Canada said it will impose dollar-for-dollar retaliatory tariffs starting September 8.

Bitcoin marked a three-month high of 79,500 dollars on Friday before dipping back to 77,700 dollars over the weekend. It surged over 14,000 dollars or 23% for the week.

Morning Trading

In Asian trading hours, EUR/USD climbed to 1.1681 and GBP/USD edged up to 1.3648.

Meanwhile, USD/JPY eased to 158.89.

Gold extended its rally to 4,637 dollars.

Bitcoin slipped to 77,434 dollars.

Expected Today

No major economic data expected.

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

Crude Oil (WTI)‎ (V6)‎ intraday: under pressure.

Pivot:

86.60

Our preference:

Short positions below 86.60 with targets at 84.80 & 83.90 in extension.

Alternative scenario:

Above 86.60 look for further upside with 87.65 & 88.40 as targets.

Comment:

A break below 84.80 would trigger a drop towards 83.90.

Trade

Gold intraday : Target level as a potential turning point

Our pivot point is at 4,571.

Our preference:

The upside prevails as long as 4,571 is support, with 4,660 and 4,682 as targets

Alternative scenario:

Below 4,571, expect 4,533 and 4,511.

Comment:

Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.

Trade

GBP/USD intraday : Pivotal moment

Our pivot point is at 1.3657.

Our preference:

The downside prevails as long as 1.3657 is resistance, with 1.3580 and 1.3561 as targets

Alternative scenario:

Above 1.3657, look for 1.3690 and 1.3709.

Comment:

The price is dangerously moving towards our pivot, one of the final opportunities for a reversal.

Trade

USD/JPY intraday : Pivot threshold in sight

Our pivot point is at 158.67.

Our preference:

The upside prevails as long as 158.67 is support, with 159.43 and 159.62 as targets

Alternative scenario:

Below 158.67, expect 158.34 and 158.15.

Comment:

The price is dangerously moving towards our pivot, one of the final opportunities for a reversal.

Trade

EUR/USD intraday : 1.1711 expected

Our pivot point is at 1.1668.

Our preference:

The upside prevails as long as 1.1668 is support, with 1.1711 and 1.1723 as targets

Alternative scenario:

Below 1.1668, expect 1.1649 and 1.1638.

Comment:

The RSI is above its neutrality area at 50. The price stands above its 20 period moving average (1.1680) but below its 50 period moving average (1.1686).

Trade

Silver intraday : Trend at a crossroads

Our pivot point is at 68.28.

Our preference:

The upside prevails as long as 68.28 is support, with 71.01 and 71.67 as targets

Alternative scenario:

Below 68.28, expect 67.19 and 66.54.

Comment:

The price is dangerously moving towards our pivot, one of the final opportunities for a reversal.

Trade

Dow Jones (CME)‎ (U6)‎ intraday: 53560 in sight.

Pivot:

53060

Our preference:

Long positions above 53060 with targets at 53560 & 53740 in extension.

Alternative scenario:

Below 53060 look for further downside with 52810 & 52605 as targets.

Comment:

The RSI is mixed to bullish.

Trade

S&P 500 (CME)‎ (U6)‎ intraday: target 7718.

Pivot:

7656

Our preference:

Long positions above 7656 with targets at 7718 & 7739 in extension.

Alternative scenario:

Below 7656 look for further downside with 7630 & 7615 as targets.

Comment:

The RSI is mixed to bullish.

Trade

TRADING FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS.

THE POSSIBILITY EXISTS THAT YOU COULD SUSTAIN A LOSS OF SOME OR ALL OF YOUR INITIAL INVESTMENT AND THEREFORE YOU SHOULD NOT INVEST MONEY THAT YOU CANNOT AFFORD TO LOSE.

THE HIGH DEGREE OF LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU. BEFORE DECIDING TO TRADE FOREIGN EXCHANGE OR CFD’S YOU SHOULD CAREFULLY CONSIDER YOUR INVESTMENT OBJECTIVES, LEVEL OF EXPERIENCE, AND RISK APPETITE.

YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FOREIGN EXCHANGE AND OTHER CFD TRADING, AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS. VPFX RECOMMENDS READING THE RISK DISCLOSURE SECTION OF THE PROSPECTUS FOR ANY FINANCIAL PRODUCT MENTIONED.

VPFX is the trading name for Ventura Prime FX Limited with registration number LL16224 registered in Labuan F.T., Malaysia.

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