Brent crude oil Wave Analysis – 10 June 2025

Brent crude oil: ⬇️ Sell

- Brent crude oil reversed from key resistance level 67.80

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Natural Gas Wave Analysis – 10 June 2025

Natural Gas: ⬇️ Sell

- Natural Gas reversed from key resistance level 3.80

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Chainlink Wave Analysis – 10 June 2025

- Chainlink broke daily down channel

- Likely to rise to resistance level 16.00

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Filecoin Wave Analysis – 10 June 2025

- Filecoin reversed from strong support level 2.25

- Likely to rise to resistance level 2.875

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Ethereum dynamics point to an altseason approaching

Market capitalisation grew by 0.6% in 24 hours, adding almost 4% in a week to $3.45 trillion. The market consolidated near these values a couple of weeks ago. Such a step-by-step climb is quite familiar. The likely continuation of positive sentiment allows us to consider the area of historical highs around $3.7 trillion as the next stop. The abundance of money from institutional and professional traders has dramatically suppressed FOMO impulses, so the type of market growth now looks more like a climb with frequent breaks than a rocket launch. Although less intense, this type of growth is more suitable for long-term portfolios.

Bitcoin is trading above $109K, experiencing increased selling pressure on growth above $110K. This pressure may become even more intense as it approaches $112K, the area of the historical high set at the end of May. Breaking through this level will make $135K the technical target.

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The euro is making its way up, breaking a long-standing trend

The single currency has been showing a trend of increasingly higher local declines throughout the month. Growth impulses in April and earlier in June hit an invisible soft ceiling approaching 1.15, but this appears to be only a temporary shake-up of positions after an impressive rise and before further growth.

The euro is supported by politicians who are one after another abandoning budgetary constraints in favour of stimulus measures. The stimulus measures are concentrated in the military sector, but this is largely irrelevant to the currency market. The recent decline in energy prices, an important item of industry expenditure, is also positive for the euro.

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EURJPY Wave Analysis – 11 June 2025

- EURJPY broke the key resistance level 165.00

- Likely to rise to the resistance level 168.00

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Nikkei 225 Wave Analysis – 11 June 2025

Nikkei 225: ⬆️ Buy

- Nikkei 225 broke the resistance area

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⚠️ USA — Consumer Price Index at 03:00 GMT

✔️ Prev: 0.2% | 2.3%

🕒 Exp: 0.2% | 2.5%

🎯 Fact.: 0.1% 📉 | 2.4% 📉

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⚠️ USA — Core CPI at 03:00 GMT

✔️ Prev: 0.2% | 2.8%

🕒 Exp: 0.3% | 2.9%

🎯 Fact.: 0.1% 📉 | 2.8% 📉

🇺🇸 US pre-market

📈The US stock market pre-market is showing positive dynamics.

In the Electronic Technology sector, Cisco Systems (CSCO) shares are up +0.14%, and Apple (APPL) shares are up +0.46%.

In the Financial sector, Wells Fargo (WFC) shares are up +0.61%, and Bank of America (BAC) shares are up +0.58%.

In the consumer goods sector, Tesla (TSLA) shares are showing significant growth of +2.79%, while in the technology sector, Google (GOOGL) shares are adding +0.56%.

Broad growth among large-cap companies reflects strong investment inflows and may contribute to the strengthening of the dollar through additional demand for US assets.

Prices in the US are rising more slowly than expected, putting pressure on the dollar

Consumer prices in the US rose by 0.1% in May against the expected 0.2%, falling below analysts' average forecasts for four months in a row. The annual growth rate was 2.4% for the overall index and 2.8% for the core index (excluding food and energy). In the latter case, the current rate of price growth has remained unchanged for the third month in a row, being the lowest in the last four years.

Tariff disputes have not yet caused a significant surge in inflation. This is understandable, as goods at the new prices have not yet reached consumers. However, it is also important to note that sellers are not rushing to pass on costs in advance, as is the case in many countries. We saw the same slowness in price increases and an insignificant impact on overall inflation during the first trade wars of 2018.

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🗓 Economic Calendar at 2025/06/12 (GMT)

01:00 🇦🇺 MI Inflation Expectations Actual: 5.0%

06:00 🇬🇧 ⚡️ Gross Domestic Product — Exp: -0.1% | 0.7% Actual: -0.3% | 0.7%

06:00 🇬🇧 Industrial Production — Exp: -0.4% | -0.2% Actual: -0.6% | -0.3%

06:00 🇬🇧 Manufacturing Production — Exp: -0.8% | 0.4% Actual: -0.9% | 0.4%

06:00 🇬🇧 Goods Trade Balance — Exp: -20.8B Actual: -23.21B

12:30 🇺🇸 ⚡️ Unemployment Claims — Exp: 242K Actual: 248K

12:30 🇺🇸 Continuing Claims — Exp: 1910K Actual: 1956K

12:30 🇺🇸 ⚡️ Producer Price Index — Exp: 0.2% | 2.6% Actual: 0.1% | 2.6%

12:30 🇺🇸 ⚡️ Core PPI — Exp: 0.3% | 3.1% Actual: 0.1% | 3.0%

22:30 🇳🇿 Business NZ Manufacturing Index


[Updated in real time]

IBM Wave Analysis – 11 June 2025

- IBM broke key resistance level 270.00

- Likely to rise to the resistance level 290.00

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Cisco Wave Analysis – 11 June 2025

- Cisco reversed from the key resistance level 65.60

- Likely to fall to support level 62.20

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⚠️ UK — Gross Domestic Product at 03:00 GMT

✔️ Prev: 0.2% | 0.7%

🕒 Exp: -0.1% | 0.7%

🎯 Fact.: -0.3% 📉 | 0.7%

Bitcoin fails to consolidate above $110K

The crypto market has lost 1.6% of its capitalisation over the past 24 hours to $3.39 trillion. Technically, this is a retreat from previous highs, which provided resistance. The sell-off was triggered by pressure on risky assets due to renewed tensions in the Middle East. However, this should be seen as a temporary setback.

Bitcoin fell below $108K, once again encountering a sell-off after touching $110K. This downward move caused a broad group of altcoins to give back some of their recent gains. Nevertheless, the sell-off appears to be limited and technical for now. The dollar's proximity to multi-year lows reinforces the bullish sentiment for the near term.

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⚠️ USA — Unemployment Claims at 03:00 GMT

✔️ Prev: 248K

🕒 Exp: 242K

🎯 Fact.: 248K 📉

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⚠️ USA — Producer Price Index at 03:00 GMT

✔️ Prev: -0.2% | 2.5%

🕒 Exp: 0.2% | 2.6%

🎯 Fact.: 0.1% 📉 | 2.6%

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⚠️ USA — Core PPI at 03:00 GMT

✔️ Prev: -0.2% | 3.2%

🕒 Exp: 0.3% | 3.1%

🎯 Fact.: 0.1% 📉 | 3.0% 📉