2025.06.06 2025.06.06 XAU/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 3125.72 with a target of 3600.00 – 3800.00. A buy signal: the price holds above 3125.72. Stop Loss: below 3080.00, Take Profit: 3600.00 –…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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GBP/JPY rises above the 20-day Simple Moving Average (SMA), providing support at 194.21. The Relative Strength Index (RSI) is nearing 60, suggesting that momentum remains in favour of the bulls. A decisive break above 195.00 could push prices back to 196.00 The Japanese Yen (JPY) continues to weaken against the British Pound (GBP) on Friday, with the GBP/JPY pair…

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2025.06.06 2025.06.06 WTI Crude Oil: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 72.20 with a target of 52.80 – 45.00. A sell signal: the price holds below 72.20. Stop Loss: above 73.50, Take Profit:…

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The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of the range, so…

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Nonfarm Payrolls are expected to rise by 130K in May, down from the 177,000 increase recorded in April. The United States Bureau of Labor Statistics will publish the employment report at 12:30 GMT. The US employment report could influence the odds of a July Fed rate cut, rocking the US Dollar. Nonfarm Payrolls (NFP), one of the most high-impact…

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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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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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Prior +0.2% (revised to +0.1%) This article was written by Giuseppe Dellamotta at www.forexlive.com.

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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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