Target levels and forecast for the week 06.06. 10.06.

Target levels and forecast for the week 06.06.  10.06.EUR/USDShort-term upward trend remains. The upward momentum is weakening, but the chance for a downward reversal will appear after the ECB meeting. The balance of volumes is shifted towards buyers.GBP/USDThe fundamental negative around the pound is getting stronger. London and Brussels are once again in conflict over Northern Irish Protocol. Four increases in the key rate did not give any positive effect. Now even Andrew Bailey is talking about a possible shortage of food  the head of the BOE suggests inflation will rise to 10.25%. So the short-term upward trend is again not relevant.USD/JPYOption-related buying above the 131.35 yearly high should provide additional bullish momentum with targets beyond 135. If the protection zone is not broken, then a pullback to 127.50 and below is possible, but there are no fundamental factors for a complete reversal of the uptrend.XTI/USDSaudi Arabia's attempt to pave the way for President Joseph Biden's upcoming visit to Riyadh could prove unsuccessful. OPEC+ has agreed to a production increase that represents just 0.4% of potential global demand in July and August. This is not enough to balance the market, which is moving into deficit due to a recovery in demand in China. The medium-term situation depends on how the price overcomes the protection zone 120  122.50.Profits to yall!