Watch FXOpen's June 20-24 Weekly Digest Video

FXOpen

In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. Why are oil prices going down? What ECB president Christine Lagarde had to say at a hearing at the Committee on Economic and Monetary Affairs of the European Parliament? Why the Japanese yen is on the decline? Why are travel stocks on the rise amidst the chaos? And, finally, what are the drivers behind the euro's rising value? Watch our short and informative video, and stay updated with FXOpen.

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This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Tesla (TSLA) Stock Underperforms the Broader Market

Analysing Tesla (TSLA) stock chart on 12th December, we:

→ Identified an ascending channel, with the November price consolidation around $350 (marked by a thick blue line) potentially indicating the median line of the long-term ascending channel (highlighted in blue).

→ Mentioned

Commodities

XAU/USD Chart Analysis and Analytical Gold Price Forecast for 2025

With the holiday season underway, this week may be less volatile than the previous one, which was dominated by central bank decisions. This presents an opportunity to analyse the broader trends and outlook for gold prices in 2025.

The XAU/

Commodities

Market Analysis: Gold Price and Crude Oil Price Face Hurdles

Gold price started a fresh decline below $2,665. Crude oil prices are now struggling to clear the $70.00 and $70.50 resistance levels.

Important Takeaways for Gold and Oil Prices Analysis Today

  • Gold price climbed higher toward the
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