Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (June 12, 2025)

2025.06.12 2025.06.12 Short-Term Analysis for Oil, Gold, and EURUSD for 12.06.2025 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 rise today. The article covers…

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Daily Broad Market Recap – June 11, 2025

Markets appeared less enthusiastic about trade negotiations between the U.S. and China while turning their attention to the U.S. inflation report for May. Meanwhile, worsening geopolitical tensions in Iran sparked a huge rally for crude oil later in the day. Here are headlines you may have missed in the last trading sessions! Headlines: Japan’s PPI slumped from 4.1% to…

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US initial jobless claims 248K versus 240K estimate

Initial jobless claims: Prior week initial jobless claims 247K revised to 248K Initial jobless claims 248K versus 240K estimate. Highest since October 2024 4 week moving average of initial jobless claims 240.25K versus 235.25K last week Continuing claims: Prior week 1.902 million revised from 1.904 million. Continue climb to 1.956 million versus 1.910 million estimate. The 3rtd week higher…

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USD weakens broadly as trade headlines compound CPI losses – Scotiabank

The US Dollar (USD) is weak and losing ground against all of the G10 currencies while showing marginal gains vs. MXN, Scotiabank’s Chief FX Strategist Shaun Osborne notes. USD weakens broadly on trade headlines “The performance distribution of G10 FX is varied however, with notable strength in Europe and outperformance for SEK, CHF, NOK, and EUR—all up close to…

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Gold Becomes Second-Largest Global Reserve Asset. Forecast as of 12.06.2025

2025.06.12 2025.06.12 Gold Becomes Second-Largest Global Reserve Asset. Forecast as of 12.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Central banks are ramping up their gold purchases, increasing the precious metal’s share in global reserves to 20%. The euro has fallen to third place with 16%. The US dollar remains the leading reserve currency. The weakness of the euro has created a favorable environment…

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Chart Art: Bitcoin’s (BTC/USD) Potential Mid-Range Support

Bitcoin turned lower after hitting a key area of interest! How low will the OG crypto go before the bulls spot a path clearer than Apple’s Liquid Glass? We’re taking a closer look at the 4-hour chart! Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin slipped on Wednesday as rising tensions in the Middle East and a lackluster U.S.-China…

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No fixed position on future rate decisions

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday that there is no fixed position on future rate decisions.” Additional quotes Decisions will depend on data. Believe in pragmatism and agility on monetary policy. Market reaction EUR/USD is off multi-week highs but defends 1.1500 following these comments, still adding 0.18% on the day at press time. ECB FAQs…

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Euro Catches Tailwinds. Forecast as of 12.06.2025

2025.06.12 2025.06.12 Euro Catches Tailwinds. Forecast as of 12.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The stock market is currently reacting to the news of the US trade deal with China, and the reluctance of US inflation to rise is being perceived as a sign of economic weakness and a potential threat to the US dollar’s value. Let’s discuss this topic and make…

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Chart Art: EUR/JPY Ascending Channel Correction Zones

EUR/JPY has been cruising steadily higher inside an ascending channel on its 4-hour time frame, and it looks like a trend pullback could be due soon. Here are the support levels to watch on the 4-hour time frame: EUR/JPY 4-hour Forex Chart by TradingView Yen traders appear to be easing up on their hawkish BOJ expectations over the past…

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