FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns 
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments 
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro- Major Crypto levels and bias summary 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
Gold lost nearly $200 from it all-time high on trade war concerns. It hits an low of $2956 and is currently trading around $2998.
According to the CME Fed Watch tool, the chances of a 25 bpbs rate cut on the June 18th, 2025 meeting have increased to 67.6% from 62.30% a week ago.
Technical Analysis: Key Levels and Trading Strategy
Gold prices are holding below short-term moving averages 34 EMA and 55 EMA and long-term moving averages (200 EMA) in the 4-hour chart. Immediate support is at $2970 and a break below this level will drag the yellow metal to $2956/$2920/$2900/$2880. The near-term resistance is at $3020 with potential price targets at$3050/ $3070/$3100/$3167/$3200/$3255.
It is good to sell on rallies around $3058-60 with a stop-loss at $3100 for a target price of $2835.
