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The EURUSD pair is hovering around 1.1440 on Friday. Market participants are awaiting key US labour market reports for May. Discover more in our analysis for 6 June 2025. EURUSD forecast: key trading points The EURUSD pair rose ahead of crucial US employment data Trump’s tariffs increasingly impact the economy EURUSD forecast for 6 June […]
Gold: ⬇️ Sell – Gold reversed from resistance area – Likely to fall to support level 3250,00 Gold recently reversed down from the resistance area between the key resistance level 3400.00 (which has been reversing the price from April) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the earlier […]
AUDJPY: ⬆️ Buy – AUDJPY broke resistance area – Likely to rise to resistance level 95.30 AUDJPY currency pair recently broke the resistance area between the resistance level 93.75 (top of the previous B-wave from the end of May) and the 50% Fibonacci correction of the downward impulse A from last month. The breakout of this […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 6 June 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a growth wave to 1.1494, reaching the projected target. Today, 6 June 2025, a downward wave to 1.1417 followed by a rebound […]
The USDJPY pair continues to strengthen ahead of the key US jobs report release, currently trading at 143.93. Discover more in our analysis for 6 June 2025. USDJPY forecast: key trading points Investors adopt a wait-and-see approach ahead of the US Nonfarm Payrolls release Speculation of BoJ policy tightening grows but remains insufficient to lift […]
USDJPY: ⬆️ Buy – USDJPY reversed from the support area – Likely to rise to the resistance level 146.00 USDJPY currency pair recently reversed from the support area between the support level 142.50 (which has been reversing the price from the end of April) and the lower daily Bollinger Band. The price earlier formed multiple consecutive […]