Day: June 5, 2025

Jun 05
EURUSD on the verge of correction, buyers losing momentum

The EURUSD pair is correcting despite persistent pressure on the US dollar from weak macroeconomic data. Find out more in our analysis for 5 June 2025. EURUSD forecast: key trading points The ADP report showed the US private sector added only 37 thousand jobs in May The US ISM services PMI fell to 49.9 points […]

Jun 05
Brent fears oversupply: sell-off possible

Brent prices fell below 65 USD on Thursday as the market grew uneasy about a global oil glut. Find more details in our analysis for 5 June 2025. Brent forecast: key trading points Brent crude remains under pressure due to the potential rise in global supply Asian demand for crude is declining Brent forecast for […]

Jun 05
Bitcoin Wave Analysis – 5 June 2025

Bitcoin: ⬇️ Sell – Bitcoin broke support zone – Likely to fall to support level 98,000.00 Bitcoin cryptocurrency recently broke the support zone located between the key support level 102150.00 (which reversed the price multiple times from the start of May) and the 50% Fibonacci correction of the upward impulse from last month. The breakout of […]

Jun 05
Tesla Wave Analysis – 5 June 2025

Tesla: ⬇️ Sell – Tesla broke the support zone – Likely to fall to support level 260.00 Tesla recently broke the support zone located between the support level 294.00 (former resistance from April and March) and the 50% Fibonacci correction of the upward impulse from April. The breakout of this support zone accelerated the active minor ABC […]

Jun 05
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 5 June 2025

The US administration increased tariffs on steel and aluminium from 25% to 50%. At the same time, investment in AI reached record highs. Find out more in our analysis and forecast for 5 June 2025. US indices forecast: US 30, US 500, US Tech Recent data: the S&P US composite PMI came out at 53 […]

Jun 05
Daily technical analysis and forecast for 5 June 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 5 June 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a growth wave to 1.1434. Today, 5 June 2025, a pullback to 1.1395 is expected, forming a possible consolidation range between these […]

Jun 05
Top 3 trade ideas for 5 June 2025

The overview is based on trade ideas provided by the Acuity Trading service. RoboForex analysts only select ideas from those available on the platform and do not develop them independently. Please note that trading in financial markets involves high risks, and the ideas presented do not constitute investment advice. Trade ideas for EURUSD, GBPUSD, and […]

Jun 05
USD kicks off: Harker’s speech could shake USDJPY

FOMC member Patrick T. Harker’s upcoming speech may reshape market sentiment, with the USDJPY pair likely to continue correcting towards 144.00 amid anticipation. Discover more in our analysis for 5 June 2025. USDJPY forecast: key trading points FOMC member Patrick T. Harker to deliver a speech USDJPY forecast for 5 June 2025: 144.00 and 141.70 […]