News

Jun 11
EURUSD in Triangle pattern: traders expect growth to 1.1545

EURUSD quotes are edging lower ahead of the US CPI release. The current price stands at 1.1416. Discover more in our forecast for 11 June 2025. EURUSD forecast: key trading points The US dollar finds support amid easing trade tensions between the US and China The US Commerce Secretary expressed optimism about China lifting restrictions […]

Jun 11
US budget blowout and inflation surprise – gold (XAUUSD) poised to soar

The US federal budget deficit could trigger a rally in XAUUSD towards the 3,400 USD level. Find more details in our forecast for 11 June 2025. XAUUSD forecast: key trading points US Consumer Price Index (CPI): previously at 2.3%, projected at 2.5% US federal budget statement: previously at 258.0 billion, projected at -314.3 billion Current […]

Jun 11
Cisco Wave Analysis – 11 June 2025

Cisco: ⬇️ Sell – Cisco reversed from the key resistance level 65.60 – Likely to fall to support level 62.20 Cisco recently reversed down from the key resistance level 65.60 (which has been reversing the price from the start of February). The downward reversal from the resistance level 65.60 created the daily Japanese candlesticks reversal […]

Jun 11
IBM Wave Analysis – 11 June 2025

IBM: ⬆️ Buy – IBM broke key resistance level 270.00 – Likely to rise to the resistance level 290.00 IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May). The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the intermediate impulse […]

Jun 11
Daily technical analysis and forecast for 11 June 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 11 June 2025. EURUSD forecast On the H4 chart, EURUSD is forming a consolidation range around 1.1414 without a clear trend. Today, 11 June 2025, a downward expansion to 1.1333 is expected. Once this level is […]

Jun 11
USDJPY set to climb as CGPI drop and weak yen offer bullish signal

The decline in Japan’s CGPI contributes to the rise in the USDJPY pair, with quotes likely to test the 146.00 level in the near term. Find out more in our analysis for 11 June 2025. USDJPY forecast: key trading points Japan’s Corporate Goods Price Index (CGPI): previously at 4.1%, currently at 3.2% US core Consumer […]