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Weekly Forex Forecast For DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD (June 2-6, 2025)
The forex market has a big decision to make in June. The US dollar has been in a stalemate for weeks, but recent price action suggests a significant move is imminent. Watch today’s video below to see how I’m trading the DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD next week! Remember to scroll down for more details and annotated charts. The DXY remains weak as we head into June. The index failed to break the 100.20 resistance level last week, following Thursday’s gap up. As long as the US dollar remains below 100.20, there is no reason to be bullish on the USD. There is every reason to suspect a return to 97.70 ... (full story)