Market Technical Analysis by RoboForex

[Vlad RF]

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.

Sincerely,
The RoboForex Team

 

[Vlad RF]

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.

Sincerely,
The RoboForex Team

 

[Vlad RF]

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.

Sincerely,
The RoboForex Team

 

[Vlad RF]

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.

Sincerely,
The RoboForex Team

 

[Vlad RF]

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.

Read more at RoboForex Website

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