One stock to put on your radar in June
It is an uncertain time for investors with ongoing trade wars, higher tariffs, the potential for rising inflation, and an economic slowdown.
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Pound Sterling Price News and Forecast: GBP/USD maintains its position as the US Dollar struggles
GBP/USD edges higher after registering losses in the previous session, trading around 1.3520 during the Asian hours on Wednesday. -
US and Canada trade deal could happen before G7 Summit next week
Citing new US Ambassador to Canada Pete Hoekstra, The Toronto Sun reported that a trade deal between the US and Canada could strike any time next week. -
Gold price surrenders modest intraday gains amid the emergence of some USD buying
Gold price (XAU/USD) attracts some intraday sellers following an Asian session uptick to the $3,372-3,373 area, though it lacks follow-through and holds above the overnight swing low. -
Rejection, recoil, ready to rip in S&P 500? [Video]Watch the video from the WLGC session on 3 Jun 2025 to find out the following: Why does the S&P 500 keep getting rejected at the 6,000 level, and what to anticipate next? What does the recent price action and volume tell us about who’s really in control — the bulls or the bears? How can traders use the key zones to spot low-risk, high-reward opportunities? And a lot more… Market environment The bullish vs.
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Sunset Market Commentary
Markets European inflation numbers offered the proverbial “go” for Thursday’s ECB rate cut. Prices flatlined in May with both the headline and core (ex. food and energy prices) index coming in at 0% m/m. This resulted in a 1.9% and 2.3% y/y reading, missing estimates by 0.1 ppt. The services inflation gauge is closely watched […]
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USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 142.16; (P) 143.08; (R1) 143.61; More… No change in USD/JPY’s outlook and intraday bias remains neutral. On the upside, above 146.27 will target 148.64 resistance first. Firm break there will resume the rebound from 139.87. Nevertheless, break of 142.10 will bring deeper fall back to 139.87 low. In the bigger picture, price […]
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USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.8139; (P) 0.8189; (R1) 0.8222; More…. Intraday bias in USD/CHF is turned neutral with current recovery. Fall from 0.8475 could still extend lower, and break of 0.8156 will target 0.8038 low. But strong support should be seen from there to bring rebound, at least on first attempt. On the upside, break of […]
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GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3478; (P) 1.3519; (R1) 1.3585; More… Intraday bias in GBP/USD remains neutral for the moment. With 1.3389 support intact, further rise is expected. On the upside, firm break of 1.3592 will resume larger up trend to 100% projection of 1.2706 to 1.3442 from 1.3138 at 1.3874. However, decisive break of 1.3389 will […]
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EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1377; (P) 1.1413; (R1) 1.1480; More… Intraday bias in EUR/USD is turned neutral with current retreat. Rebound from 1.1064 could extend higher, but strong resistance should be seen from 1.1572 to limit upside, at least on first attempt. On the downside, break of 1.1209 support will indicate that the corrective pattern from […]
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