News

Gold continues to form a pullback, and prices may fall to 3,338 USD as part of a corrective wave. Discover more in our analysis for 5 June 2025. XAUUSD forecast: key trading points US initial jobless claims: previously at 240 thousand, projected at 236 thousand Current trend: moving upwards XAUUSD forecast for 5 June 2025: […]

Dogecoin : ⬇️ Sell – Dogecoin broke key round support level 0.2000 – Likely to fall to support level 0.1600 Dogecoin cryptocurrency is under bearish pressure after the earlier breakout of the key round support level 0.2000 (former strong resistance from March) coinciding with the support trendline of the daily up channel from March. The […]

Costco: ⬇️ Sell – Costco reversed from the resistance zone – Likely to fall to support level 985.00 Costco recently reversed down sharply from the resistance zone located between the key resistance 1080.00 (which stopped the previous impulse wave 5) and the upper weekly Bollinger Band. The downward reversal from this resistance zone stopped the earlier weekly […]

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 […]

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 […]

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 […]