Report published September 29, 2026
Technical Views: Currencies, Commodities & 10Y Yield – Banque Pictet
Banque Pictet & Cie SA · September 29, 2026
The tactical recovery in the US dollar is broadening across major FX pairs as US Treasury yields surge in impulsive wave-3 advances. In response, precious metals face intense corrective pressure, while crude oil holds breakout support.
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Finvaulta summarizes Banque Pictet & Cie SA's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.The tactical US dollar recovery is broadening across major and minor FX pairs following DXY's breakout above 100.36, targeting 101.80 and 102.86.
- 2.US Treasury yields remain in impulsive wave-3 advances with the 10-year yield clearing 5.15% towards 5.37%, while 5-year yields have broken above 5.00%.
- 3.Precious metals face heavy corrective pressure as gold approaches the 4,130–4,144 support zone and silver breaks below 61.02, exposing 58.64 and 54.79.
Table of Contents
- The tactical US-dollar recovery continues to broaden, precious under pressure
- PTS Technical Views: Currencies, commodities, govt. bond yields*
- Forex: Major Pairs
- Forex: Minor Pairs
- Commodities
- Govt. Bond Yields
Report data
PTS Technical Views: Currencies, commodities, govt. bond yields* — as of September 29, 2026.
| Metric | Estimate | Context |
|---|---|---|
| DXY Last Price | 101.37 index points | DXY price in summary table, constructive above 100.36 |
| EUR/USD Last Price | 1.1364 USD per EUR | EUR/USD price in summary table, exposing 1.1324 then 1.1221 |
| US 10-Year Treasury Yield | 5.23% | US 10-year yield breakout above 5.15% targeting 5.37% |
| Gold Last Price | 4136.4 USD per troy ounce | Gold spot price in summary table, approaching 4,130-4,144 support |
| WTI Crude Oil Last Price | 92.6 USD per barrel | WTI Crude oil holding above 91.58 breakout support |
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