Market Fundamental Analysis by RoboForex

[RoboForex Team]

Deal of the century or a bubble? Brent pushes to new highs

Brent prices have reached their highs and may extend gains towards 68.50 USD. Discover more in our analysis for 10 June 2025.

Brent forecast: key trading points

• Brent has surpassed its May peak
• OPEC+ increases oil production
• Brent forecast for 10 June 2025: 68.50

Fundamental analysis

Fundamental analysis of Brent for today, 10 June 2025, takes into account that prices have renewed their May highs, climbing to 66.90 USD per barrel ahead of the results of another round of negotiations between Washington and Beijing. Optimism surrounding the resolution of trade tensions fuels demand for commodities and reinforces price momentum.

Iran is preparing a counterproposal for the US regarding the nuclear deal. Against this backdrop and following the breakout above the recent high, Brent shows resilience despite ongoing uncertainty.

The Brent forecast also takes into account increased OPEC+ production, with Iraq lagging, and Saudi Arabia and the UAE continuing to ramp up output. However, caution remains warranted – an oversupply by the end of 2025 could weaken the market and trigger a correction in Brent prices.

RoboForex Market Analysis & Forex Forecasts

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[RoboForex Team]

US budget blowout and inflation surprise – gold (XAUUSD) poised to soar

The US federal budget deficit could trigger a rally in XAUUSD towards the 3,400 USD level. Find more details in our forecast for 11 June 2025.

XAUUSD forecast: key trading points

• US Consumer Price Index (CPI): previously at 2.3%, projected at 2.5%
• US federal budget statement: previously at 258.0 billion, projected at -314.3 billion
• Current trend: moving upwards
• XAUUSD forecast for 11 June 2025: 3,400

Fundamental analysis

Fundamental XAUUSD analysis for today, 11 June 2025, takes into account that gold prices hold steady above 3,300 USD per troy ounce, maintaining their upward trajectory amid lingering uncertainty in US-China trade relations.

The XAUUSD forecast for 11 June 2025 suggests the CPI could rise to 2.5% from the previous 2.3%, but this projection may not materialise given the index has shown consistent declines in past reports. A weaker-than-expected CPI could put additional pressure on the US dollar.

Additionally, the US federal budget statement is projected to show a drop to -314.3 billion USD. The negative value indicates the budget deficit, which may further weaken the US dollar.

RoboForex Market Analysis & Forex Forecasts

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team