Market analysis of FX, XAUUSD, BITCOIN 17/6/2025

 

EXPLOSIVE MARKET BRIEFING: HUNTING FOR GOLDEN OPPORTUNITIES WITH DETAILED TRADE SETUPS!

The financial chessboard is set, and the most powerful pieces - Gold, Bitcoin, and the major currency pairs - are beginning to move. This is not the time for observation from the sidelines. Every move on the chart is a call to action, an opportunity to seize the advantage. Hesitation is the enemy, and decisiveness is the weapon. Let's sharpen our weapons and find the market's weak points right now!

1. XAUUSD (GOLD) - A BLAZING INFERNO!

Gold is in a strong uptrend and is currently in a "power-gathering" correction phase. This is an opportunity to look for a BUY entry in line with the main trend.

Suggested Trade Setup:

• Order: BUY
• Entry Zone (Open): Wait for the price to pull back to the support zone of $3,380 - $3,385.
• Stop Loss (SL): $3,360 (Below the support zone and the nearest minor low).
• Take Profit (TP): $3,440 (Targeting the recent former high).
• Rationale: Buying at a support level during a pullback in a clear uptrend.

2. BTCUSD (BITCOIN) - ARENA OF THE TITANS!

Bitcoin is stuck in a wide price range, with high volatility but no clear trend. The most suitable strategy right now is range trading (buy at support and sell at resistance).

Suggested Trade Setup:

• Order: SELL
• Entry Zone (Open): Wait for the price to pull back to the support zone of $109,500 - $110,500.
• Stop Loss (SL): $111,500 (Above the resistance zone to avoid false breakouts).
• Take Profit (TP): $105,500 (Targeting the middle of the price range).
• Rationale: Selling at a strong resistance level in a sideways market

3. GBPJPY (BRITISH POUND / JAPANESE YEN) - THE BRITISH LION ROARS!

This pair has decisively broken out of its sideways consolidation range, signaling a high probability of the uptrend continuing. The trade setup on the chart is a classic example of a breakout buying strategy.

Trade Setup based on the Chart:

• Order: BUY
• Entry Zone (Open): Around 196.559.
• Stop Loss (SL): 195.791.
• Take Profit (TP): 200.692.
• Rationale: Trading in the direction of a breakout from a solid price base.

4. CADJPY (CANADIAN DOLLAR / JAPANESE YEN) - CRUDE OIL ACCELERATES!

CADJPY also shows a powerful breakout from its sideways range, confirming the strength of the bulls.

Trade Setup based on the Chart:

• Order: BUY
• Entry Zone (Open): Around 106.680.
• Stop Loss (SL): 105.879.
• Take Profit (TP): 107.704.
• Rationale: A signal of trend continuation after the price escaped a consolidation zone.

5. NZDUSD (NEW ZEALAND DOLLAR / US DOLLAR) - THE KIWI AT A CROSSROADS

This pair is at an extremely critical juncture, retesting a price zone that could act as strong resistance. Your chart setup suggests a BUY order, betting on the possibility of a successful breakout through this barrier.

Trade Setup Based on the Chart:

• Order: BUY
• Entry Zone (Open): 0.60779.
• Stop Loss (SL): 0.59174.
• Take Profit (TP): 0.61519.
• Rationale: This setup bets on the price successfully breaking the barrier to move higher. Note that Stop Loss is quite wide; you should consider your position size carefully.

IMPORTANT DISCLAIMER: The content above is purely technical analysis based on the provided charts and is for informational purposes only. This IS NOT financial advice. The market always involves high risk, and you are solely responsible for all your trading decisions.

Always practice strict capital management!