Market Fundamental Analysis by RoboForex

US Tech forecast: the index is correcting after reaching a new all-time high

The US Tech index hit a new all-time high and is highly likely to continue its upward trajectory. The US Tech forecast for next week is positive.

US Tech forecast: key takeaways
  • Recent data: US services PMI came in at 51.3 in March
  • Market impact: the impact on the technology sector is mixed
Fundamental analysis

The release of a stronger-than-expected US services PMI is a moderately positive signal for the US Tech index, but the impact will be mixed. On the one hand, the rise in the services PMI to 51.3, compared to the forecast of 50.5 and the previous 49.8, indicates that the service sector has returned to expansion.

For the US stock market overall, this data appears rather constructive. The service sector plays a central role in the US economy, so a move back above 50 is typically seen as a sign of stabilising business activity.

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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.


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The RoboForex Team
 
DE 40 forecast: the index is correcting, but the overall upward bias remains

The uptrend in the DE 40 stock index may become medium-term if the correction ends within the next few trading sessions. The DE 40 forecast for today is positive.

DE 40 forecast: key takeaways
  • Recent data: Germany’s preliminary ZEW Economic Sentiment Index came in at −17.2 in April
  • Market impact: the data creates a negative backdrop for the German stock market
Fundamental analysis

The drop in Germany’s ZEW Economic Sentiment Index to −17.2, below the forecast of −5.9 and the previous reading of −0.5, is a negative signal for the DE 40 index. The data suggests a significant deterioration in expectations among investors and analysts regarding the outlook for the German economy.

This release could put short-term pressure on the DE 40 index. Companies that depend on domestic demand, the industrial cycle, and export orders look particularly vulnerable.

Read this article on RoboForex website - DE 40 Forecast

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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.


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The RoboForex Team
 
US 500 forecast: the index extends gains and hits new all-time highs

After reaching another all-time high, the US 500 index is showing signs of a short-term correction in its uptrend. The US 500 forecast for today is positive.

US 500 forecast: key takeaways
  • Recent data: US services PMI came in at 51.3 in April
  • Market impact: the data is positive for the stock market
Fundamental analysis

The US services PMI came in at 51.3, above expectations of 50.5 and the previous reading of 49.8. Since the index moved back above the 50-point threshold, this signals the services sector has returned to expansion after the prior weak reading. Investor sentiment is also being influenced by the progress of US-Iran talks, which have not yet provided clear signals that the conflict is coming to an end.

For the US 500 index, this release can be viewed as moderately positive overall, as the services sector represents a large share of the US economy and is directly tied to consumer demand, employment, corporate earnings, and overall business resilience. A stronger PMI could signal that the economy retains the ability to grow despite high interest rates and consumer caution.

Read this article on RoboForex website - US 500 Forecast

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
 
Gold (XAUUSD) does not believe in a miracle: prices are falling due to the Middle East and its consequences

Gold (XAUUSD) is declining to 4,598 USD as inflation risks are exerting too much pressure. Discover more in our analysis for 29 April 2026.

XAUUSD forecast: key takeaways
  • Gold (XAUUSD) quotes are moving downwards as inflation risks are increasing significantly
  • Global central banks will be forced either to keep rates unchanged or to raise them
  • XAUUSD forecast for 29 April 2026: 4,580 or 4,500
Fundamental analysis

Gold (XAUUSD) is holding below 4,600 USD per ounce on Wednesday after falling by almost 2% the previous day. The current levels are the lowest in a month. Pressure is linked to the lack of progress in US-Iran negotiations and the blockade of the Strait of Hormuz.

According to Donald Trump, Iran is demanding that the naval blockade be lifted while negotiations continue. At the same time, disruptions have already reduced energy supplies from the Middle East. The closure of the strait restricts about 20% of global oil flows, which the IEA describes as the largest supply shock. This is increasing inflationary pressure.

Read this article on RoboForex website - Gold Forecast

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
 
EURUSD falls amid persistent inflation in the US

The EURUSD rate continues to decline amid a stronger dollar and hawkish signals from the Federal Reserve. The rate currently stands at 1.1668. Discover more in our analysis for 30 April 2026.

EURUSD forecast: key takeaways
  • The EURUSD rate is declining for the third consecutive trading session
  • The Federal Reserve kept the interest rate unchanged, but signalled a more hawkish policy course
  • US inflation remains elevated amid rising energy prices
Fundamental analysis

The EURUSD rate is declining for the third consecutive trading session. Sellers are increasing pressure and attempting to consolidate below the key support level at 1.1665. A confident breakout of this level could accelerate the bearish momentum. The currency pair has reached a three-week low amid a stronger dollar. The US currency received support from the Federal Reserve’s more hawkish monetary policy stance than the market had expected.

The regulator held the rate steady, in line with market forecasts, but disagreements emerged within the committee. Some officials opposed signals of a possible resumption of rate cuts, reinforcing the perception of policy as restrictive. An additional factor came from inflation dynamics in the US. Price growth remains elevated, largely because of higher energy prices, limiting the scope for policy easing.

Read this article on RoboForex website - EURUSD Forecast

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
 
DE 40 forecast: the index tested the support level

The DE 40 stock index continues its upward momentum despite a pullback to the support level. The DE 40 forecast for today is positive.

Brent forecast: key takeaways
  • Recent data: Germany’s preliminary CPI came in at 0.6% in April
  • Market impact: the data provides a positive backdrop for the German stock market
Fundamental analysis

Germany’s inflation data appears moderately positive for the DE 40 index, as the monthly CPI came in at 0.6% versus a forecast of 0.7% and slowed notably from the previous 1.1%. For the market, this means that price growth in April was slightly weaker than expected, suggesting pressure on interest rate expectations could ease slightly.

For the DE 40, the impact is likely to be moderately positive, rather than outright bullish. Despite the slower monthly reading, annual inflation in Germany is expected to stand at 2.9% in April, according to Destatis preliminary estimates, following 2.7% in March.

Read this article on RoboForex website - DE 40 Forecast

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
 
Brent holds near its highs due to a new round of conflict

Brent is trading at 111.49 USD. Middle East risks remain too high. Find more details in our analysis for 5 May 2026.

Brent forecast: key takeaways
  • Brent prices are holding in a steady uptrend
  • While the Strait of Hormuz remains closed, the chances of higher energy prices will remain elevated
  • Brent forecast for 5 May 2026: 112 or 113
Fundamental analysis

Brent crude oil is hovering around 111.49 USD per barrel on Tuesday after jumping nearly 6% the day before, driven by a sharp escalation in the Middle East.

The US and Iran exchanged strikes in the Strait of Hormuz, which increased doubts about the sustainability of the four-week ceasefire. US forces escorted their vessels and stated that they repelled drone and small-boat attacks to protect commercial shipping.

Read this article on RoboForex website - Brent Forecast

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
 
USDJPY halts its rise: the external backdrop is improving

The USDJPY pair stalled near 157.81. Geopolitics is improving market sentiment. Discover more in our analysis for 6 May 2026.

USDJPY forecast: key takeaways
  • The USDJPY pair paused its rise after three days of gains
  • The market is factoring in improving global sentiment, but the risks for the yen remain high
  • USDJPY forecast for 6 May 2026: 158.50
Fundamental analysis

The USDJPY rate reached 157.81 midweek, ending the Japanese yen's three-day decline. The currency received support from a weaker US dollar and lower oil prices amid signs of de-escalation in the Middle East.

The US confirmed that the ceasefire remains in place, that offensive operations have ended, and announced a pause in efforts to remove ships from the Strait of Hormuz. This is intended to buy time for a possible resumption of negotiations with Iran.

Read this article on RoboForex website - USDJPY Forecast

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
 
US 30 forecast: the index attempts to extend gains after a correction

The US 30 index continues to rise after a correction, retaining the potential to reach a new all-time high. The US 30 forecast for today is positive.

US 30 forecast: key takeaways
  • Recent data: the Federal Reserve policy rate remained at 3.75%
  • Market impact: the data is positive for the stock market
Fundamental analysis

The Federal Reserve’s decision to hold the interest rate steady at 3.75% can generally be viewed by the market as a neutral-to-mildly positive factor for the US 30 index, as the outcome fully matched both the forecast and the previous reading. For investors, this means no unexpected monetary policy tightening, reducing the risk of a sharp revaluation in large US equities.

This decision is crucial for the US 30, as many of the index companies operate in mature industries and depend on the overall health of consumer demand, investment, and the cost of capital.

Read this article on RoboForex website - US 30 Forecast

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
 
AUDUSD gears up for a surge as the market awaits Nonfarm Payrolls

The AUDUSD rate is awaiting the release of US employment data, with the price currently testing the 0.7225 level. Find out more in our analysis for 8 May 2026.

AUDUSD forecast: key takeaways
  • US Nonfarm Payrolls: previously at 178 thousand, projected at 65 thousand
  • US unemployment rate: previously at 4.3%, projected at 4.3%
  • AUDUSD forecast for 8 May 2026: 0.7320 and 0.7190
Fundamental analysis

Today’s AUDUSD forecast shows that the Australian dollar is completing its correction after reaching its highest level this year. On Friday morning, quotes are consolidating around 0.7225.

The main driver of today’s volatility is another wave of geopolitical tensions in the Middle East and the divergence in monetary policy between the Reserve Bank of Australia and the US Federal Reserve.

Read this article on RoboForex website - AUDUSD Forecast

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
 
Gold (XAUUSD) weekly forecast: there is a basis for growth, but more details are needed

Gold (XAUUSD) enters the week of 11–15 May near 4,700 USD per ounce after rebounding amid falling oil prices. Support came from rising expectations of a deal between the US and Iran: the market is reacting to diplomatic signals and the potential reopening of the Strait of Hormuz.

Brent forecast: key takeaways
  • Weekly performance: gold (XAUUSD) gained a foothold near 4,700 USD per ounce after rebounding mid-week
  • Support and resistance: on the daily chart, the structure shifted from bullish to corrective after the reversal
  • Fundamentals and outlook: the baseline scenario is sideways movement
Fundamental analysis

Gold (XAUUSD) ended last week near 4,700 USD per ounce after a strong mid-week rally. The market was bolstered by a sharp decline in oil prices amid hopes for a deal between the US and Iran. This reduced inflation risks and pressure from expectations of restrictive central bank policy.

Diplomacy remains the key driver. According to media reports, Washington sent Tehran via intermediaries a framework memorandum that could become a step towards ending the conflict and gradually reopening the Strait of Hormuz. Iran has already confirmed that it is reviewing the proposal, with a response expected in the coming days.

Read this article on RoboForex website - Gold Forecast

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
 
Brent is back in positive territory: geopolitics is setting the course

Brent prices rose to 103.03 USD, with all eyes on the situation in the Strait of Hormuz. Discover more in our analysis for 12 May 2026.

Brent forecast: key takeaways
  • Brent prices are climbing higher due to the ongoing Middle East conflict
  • The market is on edge and is increasing the risk premium as the US shifts its stance
  • Brent forecast for 12 May 2026: 103.30 and 106.00
Fundamental analysis

Brent quotes advanced to 103.03 USD per barrel on Tuesday, with the market supported by persistent concerns about the situation in the Strait of Hormuz following new statements from US President Donald Trump.

Trump said that the ceasefire between the US and Iran is in a critical state after Washington rejected Tehran’s latest peace proposal. This increased fears that the Strait of Hormuz may remain effectively closed for a prolonged period.

Read this article on RoboForex website - Brent Forecast

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