Market Analysis
SOLUSD midweek: holding $74.67 after Tuesday drop, NFP Friday, 2026-06-01
Solana trades at $74.67 Wednesday, down $7.61 from Monday's open as traders position ahead of Friday's US jobs data.
2 min leesSilver closed Tuesday at 74.46, down 83 cents or 1.1% from Monday's 75.54 open. The week's range spans from a high of 76.97 on Tuesday to a low of 74.07 this morning.
The PBOC's aggressive USD/CNY fix has weighed on precious metals. The divergence from market expectations signals Beijing's comfort with yuan weakness, pushing dollar strength across the complex.
Thursday and Friday remain open for unscheduled central bank actions following Japan's verbal intervention when USD/JPY touched 160. If the BOJ moves from words to action, silver could catch a bid on dollar weakness. If global authorities stay quiet, the 74.00 handle comes under renewed pressure.
Long positions hold 62.6% versus 37.4% short as of Wednesday morning. The 25-point skew toward longs shows traders are treating this dip as an opportunity rather than a breakdown, maintaining bullish exposure despite the three-day slide.
Silver is testing 74.50 after bouncing from this morning's 74.07 low. If buyers defend 74.00, Monday's 75.00 close becomes the first hurdle. A break below 74.00 puts Tuesday's 74.26 swing low and then 73.82 from Monday in focus. Trade silver's key levels with LHFX's tight spreads.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa.
LHFX bestaan uit die volgende entiteite:
LHFX is 'n handelsnaam van Longhorn Ltd, 'n Mauritiuse maatskappy gemagtig en gereguleer deur die Financial Services Commission Mauritius onder die Investment Dealer-lisensienommer GB23202204, Kode SEC-2.1B. Kantooradres: Suite 102, 1ste Verdieping, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius. GBC-nommer C200455
LHFX SA (PTY) Ltd is 'n gemagtigde Finansiëlediensverskaffer ("FSP") geregistreer en gereguleer deur die Finansiële Sektor Gedragsowerheid ("FSCA") van Suid-Afrika onder lisensienommer 52816. Geregistreerde adres: 1 Hood Avenue Rosebank Johannesburg Gauteng 2196
Longhorn Ltd bied nie Fiat-wisselkursdienste of Kriptogeldwisselkursdienste aan nie.
Die inligting op hierdie webwerf stel nie 'n aanbod of uitnodiging voor om aan enige beleggings- of handelsaktiwiteit deel te neem in enige jurisdiksie waar sodanige aktiwiteit in stryd sou wees met plaaslike wet of regulasie nie, en moet ook nie so vertolk of verstaan word nie.
LHFX verskaf nie dienste aan burgers en inwoners van die Verenigde State of enige land waar sodanige verspreiding of gebruik strydig sou wees met plaaslike wet of regulasie nie.
RISIKAWAARSKUWING
Margehandel in buitelandse valuta, virtuele bates of ander buite-beurs-produkte op marge dra 'n hoë vlak van risiko en is moontlik nie vir almal geskik nie. Ons adviseer u om noukeurig te oorweeg of handel vir u gepas is in die lig van u persoonlike omstandighede.
CFD's is komplekse instrumente en dra 'n hoë risiko van geldverlies as gevolg van hefboom. Oorweeg of u verstaan hoe CFD's werk en of u die hoë risiko van geldverlies kan bekostig.
Belasting mag betaalbaar wees op enige winste en u behoort onafhanklike advies oor u belastingposisie in te win.