Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (June 6, 2025)

2025.06.06 2025.06.06 Short-Term Analysis for Oil, Gold, and EURUSD for 06.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continued to trade in a short-term uptrend…

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Daily Broad Market Recap – June 5, 2025

The US markets opened strong with a Trump-Xi call, progress in US-Canada and US-EU trade talks, and an ECB rate cut lifting risk appetite. But the party ended fast when a Trump-Musk feud sent Tesla sliding 14% and flipped sentiment from risk-on to risk off. Bitcoin fell below $101,000, gold gave up 4 week highs, and dollar weakness quickly…

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EUR/USD wobbles around 1.1440 ahead of US NFP data

EUR/USD trades sideways around 1.1440 as investors await the US NFP data for May. Easing US-China trade worries have supported the US Dollar. The ECB reduced its key borrowing rates by 25 bps on Thursday. The EUR/USD pair trades in a limited range around 1.1440 during Asian trading hours on Friday. The major currency pair consolidates as investors await…

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Euro Pops as ECB Moves Closer to End of Rate Cuts

As expected, the European Central Bank (ECB) delivered its eighth consecutive rate cut since June 2024, this time reducing the deposit rate by 25 basis points to 2.0%. The decision was virtually unanimous, with only one member (likely Austrian governor Robert Holzmann) dissenting. However, the bigger story emerged from President Christine Lagarde’s press conference, where she signaled the central…

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PBOC surprises markets with mid-month liquidity injection

China’s central bank unexpectedly injected 1 trillion yuan (around $139 billion) in three-month cash via outright reverse repos on Friday, a break from its usual practice of conducting such operations at the end of the month. The move appears aimed at easing mounting concerns over interbank liquidity, as borrowing costs rise and financial stress builds ahead of a heavy…

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Monetary policy decision is up to BoJ

Japan’s Finance Minister Katsunobu Kato, when asked about the US Treasury report on exchange rate, said that the monetary policy decision is up to the Bank of Japan. The US Treasury Department said on Thursday that the BoJ should continue to proceed with monetary tightening, arguing that doing so would support a normalization of the yen’s weakness and contribute…

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