Technical Analysis by RoboForex

Modest employment data fails to deter bulls: AUDUSD continues to rise

After approaching the March highs, the AUDUSD pair is forming a correction following the release of Australian employment data. At the moment, the price is testing the 0.7165 level. Discover more in our analysis for 17 April 2026.

Technical outlook

On the H4 chart, the AUDUSD pair formed a Hammer reversal pattern while pulling back near the middle Bollinger Band. At this stage, quotes remain within an ascending channel and continue to form an upward wave following the signal, with the potential upside target at the 0.7225 resistance level.

audusd-2026-04-17.png

The AUDUSD rate moved very close to the 0.7200 level, which it failed to break amid Australian employment data.

Read more - 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
 
Risk aversion or high oil prices: what will prevail in USDCAD

After declining, the USDCAD pair is forming a pullback while waiting for data from Canada. Quotes are trading around 1.3680. Find out more in our analysis for 20 April 2026.

Technical outlook

On the H4 chart, the USDCAD pair formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, after the correction, it may continue the upward wave following this signal. Since quotes are within an ascending channel, growth towards the nearest resistance level at 1.3750 may be expected.

usdcad-2026-04-20.png

The USDCAD pair remains under the influence of geopolitics and oil prices, which are supporting the CAD.

Read more - USDCAD 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 on the edge of a sharp move: who will win – diplomacy or geopolitics

After rising, the EURUSD rate is forming a correction and remains under pressure from the Middle East conflict. EURUSD quotes are hovering around 1.1775. Find out more in our analysis for 21 April 2026.

Technical outlook

On the H4 chart, the EURUSD pair formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, quotes may continue their upward movement following this signal. Since they remain within an ascending channel, the 1.1870 resistance level may act as the upside target.

eurusd-2026-04-21.png

The conflict in the Middle East remains the main trigger for the EURUSD rate.

Read more - 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
 
XAUUSD in a trap: a ceasefire or failed negotiations will decide gold’s fate

After a sharp decline, XAUUSD quotes are attempting to regain lost ground and are currently testing the 4,750 USD level. Discover more in our analysis for 22 April 2026

Technical outlook

On the H4 chart, XAUUSD has formed a Hammer reversal pattern near the lower Bollinger Band and could continue its upward momentum following the pattern’s signal. Since XAUUSD prices remain within an ascending channel, the 4,970 USD resistance level may act as the upside target.

xauusd-2026-04-22.png

Gold prices are not rising due to a combination of external factors and geopolitical tensions in the Middle East.

Read more - 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 at the start of a new price rally

Geopolitics continues to push Brent quotes higher and unsettle economies. At this stage, prices are testing the 97.00 USD level. Discover more in our analysis for 23 April 2026.

Technical outlook

On the H4 chart, Brent prices formed a Hammer reversal pattern near the middle Bollinger Band. At this stage, quotes may continue their upward wave following the signal, with the upside target at the 112.45 USD resistance level.

brent-2026-04-23.png

The conflict in the Middle East continues to drive Brent prices higher.

Read more - 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
 
AUDUSD is losing ground: geopolitics and a strong dollar are doing their job

The AUDUSD pair continues to decline amid geopolitical risks, with the price currently testing the 0.7120 level. Find out more in our analysis for 24 April 2026.

Technical outlook

On the H4 chart, the AUDUSD pair formed a Hammer reversal pattern while pulling back near the lower Bollinger Band. At this stage, quotes remain within an ascending channel and continue to form a corrective wave.

audusd-2026-04-24.png

Ahead of the weekend, the AUD continues to lose ground against the USD.

Read more - 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
 
USDCAD frozen before the storm: the market is waiting for a single signal to break loose

Rising oil prices continue to support the CAD, with the USDCAD rate testing the 1.3660 level. Discover more in our analysis for 27 April 2026.

Technical outlook

On the H4 chart, the USDCAD pair formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, following the correction, it may continue the upward wave as the signal plays out.

usdcad-2026-04-27.png

The market is awaiting the release of US inflation (PCE) data, which will bring some clarity to the Fed’s future decisions.

Read more - USDCAD 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 stabilises after a volatile start to the week, but the key developments still lie ahead

Brent is in a strong position at 102.56 USD, with negotiations continuing, while the risk premium remains high. Find out more in our analysis for 28 April 2026.

Technical outlook

The Brent H4 chart shows that after a sharp fall to the area below 90, the market reversed and moved into a confident recovery. A series of higher lows and higher highs has formed, indicating upward momentum.

brent-2026-04-28.png

Brent prices continue to rise as the conflict in the Middle East continues.

Read more - 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