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
May 27, 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 are slightly up. On Tuesday, the Nasdaq 100 gained 519 points (+1.76%) to 30,001, and the S&P 500 advanced 45 points (+0.61%) to 7,519, both scoring record closing levels. The Dow Jones eased 118 points (-0.23%) to 50,461.

Regarding the U.S.-Iran conflict, the U.S. said it carried out defensive attacks on boats and missile sites in southern Iran. U.S. Secretary of State Marco Rubio pointed out that it could take "a few days" to negotiate a deal to halt the conflict.

Semiconductor stocks outperformed the market on artificial-intelligence-fueled optimism.

Micron (MU) soared 19.29%, with the stock’s market capitalization surpassing one trillion dollars for the first time ever. Brokerage UBS raised its price target on the stock to 1,625 dollars from 535 dollars.

On the stat front, in the U.S., the Richmond Fed manufacturing index is expected to climb to 4 in May.

European indices are on the upside.

Asian indices were mixed, with South Korea's Kospi and Japan's Nikkei hitting fresh records. On the stat front, Australia's inflation rate eased to 4.2% in April, below 4.6% expected. Also, the Reserve Bank of New Zealand kept its benchmark rate unchanged at 2.25% as expected.

WTI crude oil prices are losing ground as traders look for progress on U.S. and Iran talks.

Gold consolidates as investors assess tensions between the U.S and Iran.

Bitcoin edges lower around 75,800 dollars.
 
 
  Premarket news  
 
 
Zscaler (ZS), a cloud security company, tumbles after issuing weak fourth-quarter revenue guidance.

PDD Holdings (PDD), a Chinese e-commerce company, falls as quarterly sales missed expectations.

Dick's Sporting Goods (DKS), a sporting goods retailer, loses ground after cutting full-year profit guidance.

Box (BOX), a leading Cloud Content Management platform, unveiled first-quarter adjusted EPS of 0.08 dollar, up from 0.02 dollar a year ago, on sales up 11% to 305.9 million dollars. Also, its full-year adjusted EPS guidance disappointed investors.

Semtech (SMTC), a chipmaker, jumps on better-than-expected quarterly earnings and strong annual guidance.

SanDisk (SNDK), a data storage solutions company, was upgraded to "overweight" from "equal-weight" at Barclays.

FedEx (FDX), the package delivery service company, was upgraded to "overweight" from "neutral" at JPMorgan.

MGM Resorts International (MGM), a resort operator in Las Vegas, was upgraded to "overweight" from "neutral" at JPMorgan.
 
 
  Expected Today  
 
 
Marvell Technology (MRVL)

Salesforce (CRM)

PDD Holdings (PDD)

Synopsys (SNPS)

Snowflake (SNOW)
 
 
  Canada  
 
 
On Tuesday, the S&P/TSX Composite Index shed 0.51% to 34,654 and the S&P/TSX 60 Index lost 0.66% to 2,020.

National Bank of Canada (NA), a banking group, reported second-quarter adjusted EPS up 13% to 3.23 dollars, helped by a robust performance in its wealth management business. The group also raised its quarterly dividend by 6% to 1.32 dollar per share.

Scotiabank (BNS), a banking group, reported second-quarter adjusted EPS of 2.02 dollars, above estimates, up from 1.48 dollar a year earlier, boosted by higher interest income and stronger trading activity.

Silvercorp Metals (SVM), the mining company, posted fourth-quarter adjusted Ebitda of 98.1 million dollars up from 29.8 million a year ago, on sales up 96% to 147.4 million dollars, on higher silver prices. Both figures beat expectations.
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
Crude Oil (WTI)‎ (N6)‎ intraday: under pressure.
 
Pivot:
90.80
 
Our preference:
Short positions below 90.80 with targets at 87.90 & 86.75 in extension.
 
Alternative scenario:
Above 90.80 look for further upside with 91.50 & 92.40 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Gold intraday: key resistance at 4460.
 
Pivot:
4460
 
Our preference:
Short positions below 4460 with targets at 4395 & 4350 in extension.
 
Alternative scenario:
Above 4460 look for further upside with 4490 & 4510 as targets.
 
Comment:
The upward potential is likely to be limited by the resistance at 4460.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
EUR/USD intraday : the downside prevails as long as 1.1649 is resistance
 
Our pivot point is at 1.1649.
 
Our preference:
The downside prevails as long as 1.1649 is resistance
 
Alternative scenario:
Above 1.1649, look for 1.1673 and 1.1687.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.1637 and 1.1637).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
GBP/USD intraday : the downside prevails as long as 1.3460 is resistance
 
Our pivot point is at 1.3460.
 
Our preference:
The downside prevails as long as 1.3460 is resistance
 
Alternative scenario:
Above 1.3460, look for 1.3496 and 1.3517.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3436 and 1.3444).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
USD/JPY intraday : the upside prevails as long as 159.34 is support
 
Our pivot point is at 159.34.
 
Our preference:
The upside prevails as long as 159.34 is support
 
Alternative scenario:
Below 159.34, expect 159.14 and 159.03.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 159.44 and 159.35).
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Silver intraday: aim @ 73.60.
 
Pivot:
75.50
 
Our preference:
Short positions below 75.50 with targets at 73.60 & 72.20 in extension.
 
Alternative scenario:
Above 75.50 look for further upside with 76.50 & 76.95 as targets.
 
Comment:
The upward potential is likely to be limited by the resistance at 75.50.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
Dow Jones (CME)‎ (M6)‎ intraday: bullish bias above 50600.
 
Pivot:
50600
 
Our preference:
Long positions above 50600 with targets at 51020 & 51150 in extension.
 
Alternative scenario:
Below 50600 look for further downside with 50500 & 50425 as targets.
 
Comment:
The next resistances are at 51020 and then at 51150.
 
Analyst Views Chart
 
Trade
 
 
 
 
 
S&P 500 (CME)‎ (M6)‎ intraday: intraday support around 7515.
 
Pivot:
7515
 
Our preference:
Long positions above 7515 with targets at 7565 & 7581 in extension.
 
Alternative scenario:
Below 7515 look for further downside with 7495 & 7475 as targets.
 
Comment:
The next resistances are at 7565 and then at 7581.
 
Analyst Views Chart
 
Trade
 
 
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