Inflation surprise: yen strengthens, USDJPY declines
The yen continues to strengthen, pushing the USDJPY rate lower with a potential move towards 142.35. Find out more in our analysis for 23 May 2025.
USDJPY technical analysis
Having tested the upper Bollinger Band, the USDJPY price formed a Hanging Man reversal pattern on the H4 chart near the 143.40 level. The pair may now continue its downward wave based on that signal.
The increase in Japan's core CPI has strengthened the yen.
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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.
Central banks stay active: gold (XAUUSD) maintains bullish potential
After completing a correction, gold (XAUUSD) may resume its uptrend, with the 3,400 USD resistance level as the next target. Discover more in our analysis for 26 May 2025.
XAUUSD technical analysis
On the H4 chart, XAUUSD prices formed a Harami reversal pattern near the upper Bollinger Band. Quotes are currently developing a corrective wave based on this signal. However, since they remain within an ascending channel, further growth is expected. The target for the correction could be the 3,310 USD support level.
Despite a short-term correction, gold remains strongly supported by fundamental drivers.
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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.
EURUSD extends rally as US tax debate unsettles markets
The EURUSD pair remains near a five-week high around 1.1400. Investors await the outcome of Senate debates on US tax policy. Find more details in our analysis for 27 May 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD pair is setting up for a potential continuation of its upward move through 1.1400 towards the previous local high at 1.1424.
The EURUSD pair remains at five-week highs, supported by concerns over US fiscal policy and uncertainty surrounding tax reforms.
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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.
GBPUSD drops below 1.3500 – will the correction continue?
The GBPUSD pair fell below the 1.3500 level amid US dollar strength and tensions between the UK and the IMF. Discover more in our analysis for 28 May 2025.
GBPUSD technical analysis
On the H4 chart, the GBPUSD pair is undergoing a downward correction after last week’s strong rally. The Alligator indicator has turned downwards, confirming the potential for further correction. The key support level for the current uptrend now stands at 1.3450.
The GBPUSD pair has dipped below 1.3500 amid US dollar strength and IMF warnings directed at the UK.
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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.
Brent breaks out of Wedge pattern as bullish momentum builds
Brent prices are rising amid easing trade tensions following the removal of global tariffs in the US and OPEC+’s confirmation of extended production caps. Discover more in our analysis for 29 May 2025.
Brent technical analysis
Brent quotes have broken out of a Wedge reversal pattern, confirming the end of a sideways correction. Today’s Brent price forecast suggests continued upward movement with a target at 68.90 USD, the upper boundary of the ascending channel. A consolidation above the Wedge’s upper edge further reinforces bullish sentiment and the potential for a strong upward impulse.
Brent’s fundamentals point to a solid bullish momentum supported by both supply constraints and improved demand outlook.
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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.
The AUDUSD pair slipped to 0.6425 on Friday. Weak economic data suggests the RBA may continue cutting interest rates. Discover more in our analysis for 30 May 2025.
AUDUSD technical analysis
On the H4 chart, the AUDUSD pair appears poised to retest the local low at 0.6420. A breakout below this level would pave the way for a move down to 0.6404.
The AUDUSD pair has lost nearly 1% over the week and remains under pressure.
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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.
Gold (XAUUSD) rises: the world seeks shelter from risk
Gold (XAUUSD) prices have climbed to 3,310 USD as news flows grow increasingly concerning. Discover more in our analysis for 2 June 2025.
XAUUSD technical analysis
On the H4 chart, Gold (XAUUSD) is setting up for a gradual rise towards 3,332 USD. To maintain this upward momentum, prices must consolidate above that level and receive support from fundamental developments.
Gold (XAUUSD) prices moved higher as external conditions deteriorated and market participants grew increasingly concerned about capital preservation.
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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.
The USDJPY rate is gaining strength following a statement from the Bank of Japan's governor, with the price currently at 142.91. Discover more in our analysis for 3 June 2025.
USDJPY technical analysis
The USDJPY rate continues to move within a descending channel, maintaining potential for further decline. The latest growth attempt stalled at the resistance level of 143.35. Today’s USDJPY forecast suggests a move lower towards 141.35. The Stochastic Oscillator confirms the bearish scenario, with the indicator is bouncing off a descending trendline, signalling ongoing selling pressure.
The USDJPY rate has bounced from the support level, yet the risk of further downside remains due to expectations that the Bank of Japan will hold rates steady and the upcoming US jobs data.
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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.
The EURUSD pair is hovering around 1.1369 on Wednesday as markets await US labour market data. Find more details in our analysis for 4 June 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD pair is hovering around the key support level of 1.1370. If this level does not break, buyers could return with a target at 1.1455 and then 1.1500.
After a recent peak, the EURUSD pair declined, awaiting a catalyst from US labour market data.
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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.
Brent prices fell below 65 USD on Thursday as the market grew uneasy about a global oil glut. Find more details in our analysis for 5 June 2025.
Brent technical analysis
On the H4 chart, Brent is setting up for a decline towards 64.04. A breakout below the 64.00-64.05 area could pave the way for further selling down to 63.63.
Brent prices are falling, with the market having plenty of justification.
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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.
Shock time for the market: NFP data may shake the AUDUSD rate
The forecast for 6 June 2025 favours the Australian dollar, with the pair potentially extending a correction towards 0.6475. Find more details in our analysis for 6 June 2025.
AUDUSD technical analysis
Having tested the upper Bollinger Band, the AUDUSD pair formed a Shooting Star reversal pattern on the H4 chart. The pair is currently undergoing a corrective wave in response to this signal, with a downside target at the 0.6475 support level.
If today’s NFP data disappoints, the AUDUSD pair may continue its correction.
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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.
The dollar falls, the loonie celebrates: what’s next for USDCAD
A stronger Canadian labour market supports the loonie and could push USDCAD down towards the support level at 1.3630. Discover more in our analysis for 9 June 2025.
USDCAD technical analysis
On the H4 chart, USDCAD formed a reversal pattern – Hammer – near the lower Bollinger Band. The pair is currently developing a correction from this signal. As prices remain within the descending channel, a move towards the nearest resistance at 1.3725 is possible.
All macroeconomic factors currently favour the Canadian dollar.
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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.
Gold (XAUUSD) nears reversal: bulls gearing up for a surge
XAUUSD prices are declining on Tuesday, although buyers continue to defend the key support level. The quotes currently stand at 3,309 USD. Discover more in our analysis for 10 June 2025.
XAUUSD technical analysis
XAUUSD quotes are bouncing off the 3,300 support level. The XAUUSD price forecast suggests the pair could resume its upward impulse, with the next target at 3,345. Technical indicators support the bullish scenario, with prices remaining within the demand area and breaking out of a descending channel.
Renewed interest in gold is supported by declining US inflation expectations.
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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.
The GBPUSD pair found support near 1.3478. Markets are regaining balance following weak employment data. Discover more in our analysis for 11 June 2025.
GBPUSD technical analysis
On the H4 chart, GBPUSD shows potential for a retest of the 1.3455 level, followed by a possible rebound towards 1.3498.
The GBPUSD pair is pricing in the UK’s employment data.
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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.
Euro retreats, but the uptrend in EURUSD remains intact
The EURUSD rate has declined for the second consecutive trading session, pulling back after rebounding from the key resistance level at 1.1580. Discover more in our analysis for 16 June 2025.
EURUSD technical analysis
The EURUSD rate is undergoing a correction within a descending channel. Today’s EURUSD forecast suggests a brief decline towards the support level, after which the pair could resume its upward movement targeting 1.1710.
The US dollar strengthened on geopolitical tensions and robust macroeconomic data, putting pressure on the EURUSD rate.
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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.
Brent poised for further growth after rebound from EMA-65
Brent quotes remain highly volatile amid escalating Middle East tensions, with prices currently at 72.92 USD. Find out more in our analysis for 17 June 2025.
Brent technical analysis
Brent prices are climbing after rebounding from the EMA-65, maintaining a strong bullish impulse. According to today’s Brent forecast, a bearish correction to the channel’s lower boundary remains possible before the uptrend continues towards the target of 78.25 USD.
Fundamental analysis highlights the ongoing risk of Brent price increases amid geopolitical tensions
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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.