Monthly Archives: June 2025
41654156156Chart the Market (19/06/2025)
Written on June 19, 2025 at 10:58 am, by
BTCUSD, H4: BTC/USD continues to trade within a converging triangle structure, hovering near the $104,900 zone after failing to build momentum above the $106,200 Fibonacci 0.5 retracement level. Price action remains broadly supported along the ascending trendline and the 23.6% Fib at $104,800, yet repeated rejection from the descending resistance trendline underscores growing indecision inContinue Reading
AUD Caught in Crossfire of Dovish RBA and Global Risks
Written on June 19, 2025 at 10:56 am, by
Key Takeaways: *AUD weakens as dovish RBA stance and soft domestic jobs data dent investor confidence, leaving the Aussie vulnerable to further downside. *Rising Middle East tensions and China growth concerns weigh on global risk appetite, pressuring AUD alongside broader risk-sensitive assets. Market Summary: The Australian Dollar has come under pressure this week, weighed downContinue Reading
Euro Weakens on Soft Inflation Data While Pound Awaits BoE Decision
Written on June 19, 2025 at 10:54 am, by
Key Takeaways: *The euro lost ground after the Eurozone CPI was released and failed to meet market expectations. *The BoE’s rate decision is due today; Pound Sterling expects higher volatility. Market Summary: The euro lost ground in the previous session following the release of softer-than-expected Eurozone CPI figures, which came in at 1.9% versus theContinue Reading
