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

    Gold Becomes Second-Largest Global Reserve Asset. Forecast as of 12.06.2025
    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 for the XAUUSD. Let's discuss these topics and make a trading plan.Major Takeaways Gold has overtaken the euro in central bank reserves. Rising geopolitical risks are supporting the precious metal. The decline in the dollar an
  • Short-Term Analysis for Oil, Gold, and EURUSD for 12.06.2025

    Short-Term Analysis for Oil, Gold, and EURUSD for 12.06.2025
    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.Major Takeaways USCrude: Oil continued to trade in an uptrend yesterday. XAUUSD: Gold is testing the Target Zone 3368 - 3345 from below. EURUSD: The euro is trying to break through the upper Target Zone 1.1514 - 1.1473.Oil Pr
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.06.2025

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.06.2025
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Major Takeaways BTCUSD: The bulls are heading for a high of 115,288.15. Consider buying with Take Profit at 115,288.15 XRPUSD: The price is rising within wave [X]. Long positions can be considered, with a target at 2.431. ETHUSD: The ascending impulse (A) continues unfolding. Consider long positions with Take Profit at 3,119.10.Elliott Wave Analysis for BitcoinOn the H4 chart of
  • Euro Catches Tailwinds. Forecast as of 12.06.2025

    Euro Catches Tailwinds. Forecast as of 12.06.2025
    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 a trading plan for the EURUSD pair.Major Takeaways US tariffs against China will not rise further. The inflation report indicates a cooling economy. The Fed is increasingly likely to ease monetary policy. Buying the EURUSD pair with targets
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  • U.S. debt-limit deadlock is making this favorite asset more scarce

    T-bills are dwindling in supply, as the U.S. has been operating without a debt-ceiling fix since January.
    Article Attribution | Read More at Article Source
    The post U.S. debt-limit deadlock is making this favorite asset more scarce appeared first on RocketNews.

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