FreshForex Market Insights: Fundamental Analysis, Margin Analysis & Forex News

Posts: 3 · #1 - June 03, 2026, 07:35:22 AM

Market Fundamental Analysis for June 3, 2026 EURUSD

Events to watch today:

15:15 EET. USD - ADP Non-Farm Employment Change

17:00 EET. USD - ISM Services PMI

EURUSD:

FreshForex Market Insights: Fundamental Analysis, Margin Analysis & Forex News in Fundamental_93ce89200a8d98d07d8193aa20075319

EUR/USD is trading near 1.1630, remaining under pressure due to steady demand for the US dollar. The American currency is supported by tensions in the Persian Gulf, rising oil prices, and investors? cautious attitude toward risk assets. An additional factor was the US labor market data: the number of job openings in April rose to 7.6 million, indicating continued steady demand for labor.

For the euro, the situation is complicated by accelerating inflation in the eurozone. According to Eurostat?s preliminary estimate, annual consumer price growth in May rose to 3.2% after 3.0% in April. Rising energy prices increase pressure on businesses and households, while also complicating the ECB?s task. At the same time, the eurozone economy remains sensitive to expensive resources and weak external demand.

In the US, the Personal Consumption Expenditures index for April rose by 3.8% year-on-year, while the core indicator increased by 3.3% year-on-year. Such dynamics reduce the likelihood of a rapid easing of Federal Reserve policy and support the dollar. If geopolitical tensions and strong US data persist, EUR/USD may continue to decline.

Trading recommendation: SELL 1.1630, SL 1.1660, TP 1.1540

Linkback: https://www.forex.zone/fundamental/12/freshforex-market-insights-fundamental-analysis-margin-analysis-and-forex-news/5098/

Posts: 3 · #2 - June 03, 2026, 05:00:57 PM

Oil back in the spotlight!

Oil #WTI and #BRENT remain among the most sensitive assets in the market. Prices continue to be supported by tensions in the Middle East, uncertainty surrounding US-Iran negotiations, restricted tanker traffic through the Strait of Hormuz, and the risk of supply disruptions. According to Reuters, on June 2, #BRENT closed near $96 per barrel, while #WTI settled around $93.76, extending gains amid expectations of new developments regarding Iran and global oil supplies.

The key driver for the market remains geopolitics. The Strait of Hormuz continues to be a major risk point, as a significant share of global oil and gas flows passes through this route, and any restrictions on its operation increase supply concerns. Additional pressure comes from attacks on Russian oil refining infrastructure, declining oil inventories ahead of the high-demand summer season, and ongoing uncertainty surrounding a potential peace agreement involving Iran. At the same time, upside potential is being limited by signs of weakening demand. Elevated prices are already forcing consumers and industries to reduce consumption, while the International Energy Agency has reported softer demand from both the petrochemical and aviation sectors.

FreshForex Market Insights: Fundamental Analysis, Margin Analysis & Forex News in Fundamental_image__2

5 factors currently driving #WTI and #BRENT:

The Strait of Hormuz. Restrictions on shipping through one of the world?s most important oil transit routes support prices and increase the risk premium.
US-Iran negotiations. Any signs of a breakthrough agreement could push prices lower, while failed talks or renewed escalation could trigger another strong rally.
Oil inventories. Traders are closely monitoring stockpiles in the US and globally. Continued inventory declines ahead of the summer season may provide further support for WTI and BRENT.
Demand from China, aviation, and petrochemicals. If high prices begin to weigh more heavily on consumption, oil may enter a corrective phase.
Production growth outside the Middle East. The US, Brazil, Argentina, and other producers are partially offsetting supply shortages, but so far not enough to fully ease market tensions.

Changes in oil prices also affect the shares of major energy companies. Rising #WTI and #BRENT prices typically support oil producers such as ExxonMobil (#Exxon), Chevron (#Chevron), ConocoPhillips (#ConPhillip), Shell (#Shell), BP (#BP), and TotalEnergies (#Total). Higher oil prices generally boost revenue and profit margins for producers, as they can sell crude at higher prices while operating costs remain relatively stable. This can improve financial performance and increase investor interest in their stocks.

Posts: 3 · #3 - June 04, 2026, 09:11:17 AM

Elliott wave analysis of the market for June 4, 2026 BTCUSD

BTCUSD: SELL 59500, SL 62500, TP 48000.

FreshForex Market Insights: Fundamental Analysis, Margin Analysis & Forex News in Fundamental_19701259bf00d394720a38858bd182aa

FreshForex Market Insights: Fundamental Analysis, Margin Analysis & Forex News in Fundamental_19701259bf00d394720a38858bd182aa

It was previously assumed that the alternative scenario was the most likely one for this asset. This scenario предполагает the formation of a more complex large corrective structure?a triple zigzag. This interpretation explains the resumption of the downward price movement that we are currently observing.

For an extended period, the price traded within a broad range while forming a simple zigzag, with a leading diagonal triangle serving as wave (a). Recently, this correction appears to have been completed, and the asset transitioned into a directional downward movement in an impulsive form.

During yesterday?s trading session, a critical level confirming the bearish scenario was also breached.

In the near future, further downside movement is expected, making short positions worth considering.

Investment idea: SELL 59500, SL 62500, TP 48000.