Middle East

Gold and Bitcoin came under pressure ahead of the FOMC minutes, with traders watching whether policymakers reinforce expectations for tighter policy. Bitcoin’s technical setup remains constructive above key support, but a break above $87,000 is still needed to strengthen the path toward $100,000.

Gold and silver edged lower in early Asian trading as traders waited for the September meeting minutes and fresh signals on interest rates. Key technical levels remain in focus, with gold testing the $4,100 support zone and silver holding near the $60 area.

Natural gas pushed higher as improved weather forecasts and short-covering supported the rebound. WTI and Brent oil also recovered from session lows as traders focused on potential supply risks tied to activity around the Strait of Hormuz.

Oil prices recovered from session lows as traders weighed a possible Saudi operation against the Houthis and the risk of wider Middle East escalation. Natural gas also gained ground as dip buyers returned after a sharp pullback and watched the $3.00 to $3.05 resistance area.

WTI crude has bounced from support, but the recovery remains technically corrective while price trades below a key resistance zone. Brent is showing stronger upside structure, while natural gas remains under pressure after slipping beneath near-term support.

Gold and silver stayed under pressure in early Asian trading as a stronger US dollar and tighter policy risks weighed on sentiment. Traders are watching the US jobs report for the next signal, with gold near $4,150 and silver around $60.40.

WTI and Brent advanced as traders priced in fresh geopolitical risk tied to Iran and the Middle East. Natural gas moved lower after the EIA reported a +64 Bcf storage build that matched analyst expectations.

WTI crude oil has eased from recent highs, but the market remains elevated and sensitive to Middle East developments. Traders are watching whether selling pressure can extend below key support or whether fresh headlines revive the risk premium.

USD/ZAR is trading near resistance as broad dollar demand and cautious global sentiment keep the pair elevated. Traders are watching whether the move above the previous range can hold or fade back toward earlier September levels.

Oil prices rose for a second day as traders weighed unresolved US-Iran talks and the risk of shipping disruption through the Strait of Hormuz. WTI is holding above key support near $93, while Brent remains supported above $100 as technical traders watch upside targets at $104 and $113.

USD/MXN has pushed sharply higher as broad US dollar strength and rising US bond yields unsettle currency sentiment. Traders are watching whether momentum can hold near 17.7460, with resistance at 17.7510 and 17.8200 in focus.

Gold and silver remain under pressure as a stronger dollar, higher Treasury yields and expectations for additional Federal Reserve tightening weigh on non yielding metals. Technical traders are watching whether gold can hold the $4,245 to $4,216 support area and whether silver can recover above $64.11.

WTI crude oil is stabilizing near the $93 area after a sharp retreat from levels above $100.00, with traders weighing tentative diplomatic progress against fragile Middle East conditions. Volatility remains elevated as large market participants continue to hedge against sudden shifts in sentiment.

Natural gas moved back above key near-term levels as traders weighed demand support against seasonal pressure. Oil prices weakened after Donald Trump said U.S. officials met Iranian counterparts, while Saudi pipeline restart expectations added pressure.

Natural gas remains range-bound near $2.80–$3 while crude oil tests support. Middle East tensions and the Strait of Hormuz remain key market drivers.

Bitcoin remained above the crucial $80,000 area, with BTC/USD trading near $80,400 as market participants weighed ETF inflows against macro and geopolitical risks. Technical traders are watching a bullish flag structure, with upside focus on $85,000 and $90,000 while $75,000 and the 50-day moving average remain key downside markers.

WTI crude oil is trading near the psychologically important $100 area as markets weigh supply risks against hopes for de-escalation. Traders are watching Middle East headlines closely, with resistance near $101.00 and support around $99.80 shaping the near-term setup.

USD/INR briefly traded above 96.0000 after the Federal Reserve rate hike before easing toward 95.8825 as traders reassessed short term momentum. Higher U.S. Treasury yield appeal, oil related risks and unsettled institutional positioning continue to keep the pair volatile.

The US dollar has gained ground against the Swiss franc as the Federal Reserve’s latest rate increase widens the policy gap with Switzerland. While yield dynamics favor the dollar, geopolitical uncertainty and the franc’s safe-haven status could keep USD/CHF from moving in a straight line.

Natural gas moved higher after a smaller-than-expected storage build in the EIA weekly report, though technical traders are still watching nearby resistance. WTI and Brent crude recovered from session lows as markets weighed Middle East supply risks and key price levels.

Bitcoin is again trading about 40% below a major peak as the Federal Reserve restarts rate increases with a 25 basis point move. The comparison with 2022 has traders debating whether a short relief rally could precede deeper pressure if tightening continues.

WTI crude oil is trading within sight of the $105 mark as Saudi supply logistics become a growing concern for energy markets. Traders are watching $103.90 support and resistance around $105 to $106 as Middle East headlines keep volatility elevated.

AUD/USD moved lower as investors favored the U.S. dollar amid heightened Middle East tensions, rising oil prices, and stronger expectations for a Federal Reserve rate hike. Technical traders are watching whether support at 0.7110 and 0.7065 can hold after a channel break and death cross reinforced bearish momentum.

USD/MXN remains slightly above the 17.0000 handle after rebounding from lows near 16.87000, with traders watching oil, Middle East risk, and the Federal Reserve. Market participants expect volatile conditions to persist into Wednesday’s policy announcement as clarity remains limited.