(By ATFX Analyst Team)
Key TakeawaysU.S.-Iran Peace Deal: Donald Trump and Pakistan’s Prime Minister announced a peace agreement between the U.S. and Iran to be signed this Friday, causing declines in the U.S. dollar and crude oil while boosting U.S. stock index futures and gold at Monday’s market open. Focus of the Day: A “Super Central Bank Week” approaches, with four major central banks announcing interest rate decisions, amid significant global inflation and retail data. Today’s key focus is on Eurozone industrial production, expected to show a slight improvement in April but remain negative, while U.S. industrial and manufacturing output for May is projected to be positive, though month-on-month growth may slow. |
Global Market Review 15/06/2026
U.S. stocks closed higher last Friday, boosted by optimism around a U.S.-Iran peace deal and a surge in SpaceX shares on its trading debut. All three major indexes rose by about 7% for the week.
The U.S. Dollar Index (DXY) remained steady at 99.75. Gold prices increased slightly last Friday but dropped 2.54% for the week, marking a second consecutive decline.
U.S. crude oil futures fell $2.83, or 3.23%, settling at $84.88 per barrel, the lowest since April 17, with prices dipping further due to news of the finalized U.S.-Iran peace agreement.
Key Events Today:
- 15:15 ECB President Christine Lagarde Speaks ***
- 17:00 EU Industrial Production MoM APR **
- 21:15 US Manufacturing & Industrial Production MoM MAY **
June 16th (GMT+8)
- 11:00 BoJ Interest Rate Decision ***
- 12:30 RBA Interest Rate Decision ***
- 13:30 RBA Press Conference ***
- 14:00 BOJ Press Conference ***
- 17:00 EU GERMANY ZEW Economic Sentiment Index JUN **
- 20:30 US Building Permits MAY **
- 20:30 US Housing Starts MAY **
Markets Analysis 15/06/2026
- Resistance: 1.1658 / 1.1686
- Support: 1.1543 / 1.1521
EUR/USD gapped higher this morning after a slight decline, driven by a weaker US dollar following news of a U.S.-Iran peace agreement and the reopening of the Strait of Hormuz.
Analyst View: EUR/USD tracked geopolitical news, reaching a one-week high and testing its 20-day MA at 1.1600. A breakout could bring short-term bullish momentum toward 1.1658/1.1686 resistance.
Bias: Short-term Bullish
- Resistance: 1.3509 / 1.3533
- Support: 1.3384 / 1.3354
Last Friday, GBP/USD consolidated near the 1.3400 level as investors awaited clarity on the U.S.-Iran conflict. This morning, the pair rose following news of a finalized peace agreement.
Analyst View: GBP/USD rose this morning to its highest since June 5. If it holds above major averages, the pair may retest early June highs near 1.3480 and 1.3500.
Bias: Short-term Bullish
- Resistance: 160.31 / 160.44
- Support: 159.79 / 159.66
After President Trump announced progress in U.S.-Iran negotiations, USD/JPY dipped below 160.00 in early Asian trading before recovering.
Analyst View: USD/JPY erased gains early but recovered after testing its 20-day MA. Watch the 10-day MA for breakout potential within its high range.
Bias: Range-bounded
- Resistance: 83.84 / 85.12
- Support: 78.54 / 77.30
Crude oil prices fell over 3% this morning, hitting new lows following the announcement of a U.S.-Iran peace deal.
Analyst View: Oil approached $80 support this morning. Monitor for a break below $80 and $79—this could push prices toward the 78.54/77.30 range.
Bias: Under Pressure at Lows
- Resistance: 4377/4445
- Support: 4243/4159
- Resistance: 74.27/76.29
- Support: 68.12/65.58
Last Friday, spot gold stayed above the $4,200 mark. On Monday, following the U.S. agreement with Iran to resolve the conflict and ease inflation and interest rate concerns, gold prices gapped higher at the open, reaching a four-day high.
Analyst View: Gold tested resistance at the 10-day moving average after gapping higher. A breakout could lead to a move towards the next resistance near $4,410, at the 20-day moving average.
Bias: Short-term Bullish
- Resistance: 51663 / 51865
- Support: 50998 / 50780
U.S. stocks rallied for the second day last Friday, driven by anticipation of the U.S.-Iran peace deal. Following positive developments over the weekend, stock index futures rose this morning, positioning the Dow Jones for further gains.
Analyst View: Positive intraday sentiment is expected to drive the Dow to retest record highs above 51,000. Initial resistance remains at 51,663.
Bias: Bullish at Highs
- Resistance: 30377 / 30756
- Support: 29174 / 28800
Last Friday, tech sentiment rose on optimistic market expectations for the U.S.-Iran deal, while SpaceX surged 19% on its debut. The Nasdaq closed higher for two consecutive sessions, reclaiming the 29,600 mark, and is set to continue its upward trend following the realisation of the peace pact.
Analyst View: With strong intraday risk appetite, Nasdaq may break key moving averages and head towards record highs, focusing on the 30377/30756 resistance zone.
Bias: Short-term Bullish
- Resistance: 68628/70868
- Support: 63614/61336
Bitcoin climbed to its highest level in nearly two weeks after the US and Iran said they reached an agreement to end hostilities and reopen the Strait of Hormuz.
Analyst View: BTC/USD continued to rise this morning, hitting levels not seen since June 3. Immediate resistance is at the 20-day moving average of $66,500, with potential gains toward the $68,628 – $70,868 range on a breakout.
Bias: Moderately Bullish
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