EURUSD forecast: the pair fell to the 1.0400 support level
The EURUSD rate corrected towards 1.0400 amid the release of the US Federal Reserve’s January meeting minutes. Find out more in our analysis for 20 February 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD rate is undergoing a downward correction after rebounding from the 1.0500-1.0530 resistance area. The quotes have found support from buyers at 1.0400 and are now consolidating in the sideways trading range between 1.0200 and 1.0530.
The EURUSD pair fell to 1.0400 amid the release of the US Federal Reserve’s January meeting minutes.
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.
AUDUSD rose to a ten-week high but the rally is not complete
The AUDUSD pair appears overpriced. The market believes the RBA will not lower interest rates rapidly. Discover more in our analysis for 21 February 2025.
AUDUSD technical analysis
On the H4 chart, the AUDUSD pair still has grounds to climb to 0.6408. If the market secures above this level, the next upside target could be 0.6420.
The AUDUSD pair rose and hit a two-month high amid expectations of the RBA keeping relatively high interest rates.
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.
USDCAD forecast: the pair may continue to rise after consolidation
The Bank of Canada Deputy Governor’s speech may drive the USDCAD pair up to 1.4294. Discover more in our analysis for 24 February 2025.
USDCAD technical analysis
On the H4 chart, the USDCAD price formed a Hammer reversal pattern near the lower Bollinger band. At this stage, it attempts to rise following the signal received. The pair will likely climb to the nearest resistance level at 1.4294 as the price remains within the descending channel.
Along with the USDCAD technical analysis, the potential for improvement of US economic indicators suggests growth to 1.4294.
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.
USDJPY is at a 12-week low: the sell-off is not over yet
The USDJPY pair is hovering around 149.70 on Tuesday. The market is expecting another rate hike by the Bank of Japan. Discover more in our analysis for 25 February 2025.
USDJPY technical analysis
On the H4 chart, the USDJPY pair has grounds to move even lower to 148.83. At the same time, the pair is clearly going beyond the sideways trading channel between 148.83 and 150.95.
The USDJPY pair has fallen markedly recently, hovering now at a 12-week low.
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) prices decline as the market locks in profits
Gold (XAUUSD) prices tumbled to 2,915 USD. It is nothing to worry about as the market is simply taking profits. Find more details in our analysis for 26 February 2025.
XAUUSD technical analysis
On the H4 chart, XAUUSD prices could decline to 2,905 USD. There is an intermediary support level here, which could deter sellers. If the plan does not work out, the new selling target will be 2,887 USD.
Gold halted its ascent as the market locked in profits after the previous upward wave.
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.
USDJPY forecast: the pair is trading near the daily support level at 148.60
The USDJPY rate remains under pressure, falling to the 148.60-149.00 support area. Market participants are awaiting US GDP statistics today. Discover more in our analysis for 27 February 2025.
USDJPY technical analysis
The USDJPY H4 chart shows a steady downtrend, which is confirmed by the Alligator indicator. The pair is trading in a descending price channel, with the price currently hovering at its lower boundary. The key support level is at 148.60.
The USDJPY pair fell to a three-month low in the 148.60-149.00 support area.
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.
AUDUSD forecast: the Australian dollar continues to lose ground against the USD
The US dollar continues to strengthen amid US economic data, with the AUDUSD rate able to decline to 0.6170 in the near term. Discover more in our analysis for 28 February 2025.
AUDUSD technical analysis
Having tested the upper Bollinger band, the AUDUSD price has formed a Shooting Star reversal pattern on the H4 chart. At this stage, it continues to maintain its downward trajectory following the signal received. Since the quotes remain within the ascending channel, the price could decline to the nearest support level at 0.6170.
The Australian dollar continues to fall; the AUDUSD technical analysis suggests a further decline to the 0.6170 support level.
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 forecast: the pair climbed to 1.0500 after inflation data
The EURUSD rate is rising, returning to 1.0500 amid slightly higher inflation in the eurozone in February. Discover more in our EURUSD analysis for 4 March 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD rate is moderately rising, reaching the 1.0500-1.0530 resistance area. Since the beginning of the year, the price has been consolidating in the sideways trading range between 1.0200 and 1.0530. The direction of the price movement out of the range will determine further prospects for the pair’s moves.
The EURUSD pair climbed to 1.0500 amid rising inflation in the eurozone in February.
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 continues to rise: the pound is not afraid of trade wars
The GBPUSD pair rose to 1.2794 on Wednesday, marking a new three-month high. Discover more in our analysis for 5 March 2025.
GBPUSD technical analysis
The GBPUSD pair successfully tested the 1.2800 level yesterday. Against this background, the focus shifts to 1.2900. If the market moves higher, we could say that the pair’s movement has turned into a trend and is no longer just a recovery.
The GBPUSD pair continues to rise steadily and hits three-month highs, driven by the UK stable and diverse trade turnover and its isolation from the US.
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.
XAUUSD prices are on the rise, surpassing the 2,900 USD level amid weaker-than-expected US ADP employment statistics. Find more details in our XAUUSD analysis for today, 6 March 2025.
XAUUSD technical analysis
On the daily chart, XAUUSD quotes are on a strong rise, reaching the 2,930 USD resistance level. The Alligator indicator is below the price chart and is moving upwards, confirming the bullish trend, with the pair likely to continue its ascent after some correction.
XAUUSD quotes are on the rise, having consolidated above 2,900 USD amid the introduction of US trade tariffs and weak ADP data.
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.
USDCAD forecast: the market awaits the Canadian and US employment statistics today
The USDCAD rate is undergoing a downward correction, falling to the area around 1.4300. Today, the market will focus on employment statistics from Canada and the US. Discover more in our analysis for 7 March 2025.
USDCAD technical analysis
On the daily chart, the USDCAD pair is undergoing a correction within the uptrend; it formed an upward reversal from the 1.4150 support level last week. The quotes have now returned to 1.4300, while the Alligator indicator still confirms the uptrend.
The USDCAD pair is correcting, plunging to 1.4300.
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.
USDJPY forecast: the yen continues to strengthen against the USD
Amid economic data from Japan and the US, the USDJPY rate may form a correction before declining to 146.80. Discover more in our analysis for 10 March 2025.
USDJPY technical analysis
Having tested the lower Bollinger band, the USDJPY price has formed a Hammer reversal pattern on the H4 chart. At this stage, it continues a corrective wave following the pattern signal. Since the quotes have rebounded from the support level and are now moving within a descending channel, they will likely pull back to the resistance level.
Amid the economic data from Japan, the USDJPY forecast appears optimistic for the yen, with the USDJPY technical analysis suggesting a correction towards 148.60 before a further decline.
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) continues to strengthen after a correction
Active Gold purchases by central banks support Gold, potentially driving the quotes further up to the 2,940 USD level. Find more details in our XAUUSD analysis for today, 11 March 2025.
XAUUSD technical analysis
On the H4 chart, XAUUSD prices formed a Hammer reversal pattern near the lower Bollinger band. At this stage, they continue their upward trajectory following the signal from the pattern. The uptrend will likely continue as XAUUSD quotes are moving within the ascending channel. The upside target could be the 2,940 USD resistance level.
Along with the XAUUSD technical analysis, the decline in US economic indicators suggests a continuation of the uptrend, with the quotes potentially rising to 2,940 USD.
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.
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 show moderate growth, returning to the area above 70.00 USD after the release of the US inflation and oil inventories statistics. Find more details in our Brent analysis for today, 13 March 2025.
Brent technical analysis
Brent quotes are undergoing an upward correction, having consolidated above the psychologically important level of 70.00 USD. The Alligator indicator reversed upwards on the H4 chart, confirming the upward momentum. If quotes rise above the 71.00 USD resistance level, a Double Bottom bullish reversal pattern will form, with an upside target at 73.00 USD.
Oil prices rose above 70.00 USD amid easing inflation in the US.
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.
AUDUSD remains under pressure despite improvements in the Australian economy
The AUDUSD pair is strengthening, with the price currently at 0.6292. Discover more in our analysis for 14 March 2025.
AUDUSD technical analysis
The AUDUSD pair remains under pressure, with a Triangle pattern currently forming. The AUDUSD forecast suggests a rebound from the 0.6310 resistance level, followed by a decline to 0.6235.
The AUDUSD rate remains under pressure due to trade risks and the Federal Reserve’s policy despite strong Australian economic data.
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.
USDJPY forecast: will bulls take control or will bears crush 149.00?
The USDJPY rate is consolidating around 149.00; market participants are awaiting the Federal Reserve and Bank of Japan interest rate decisions this week. Discover more in our analysis for 17 March 2025.
USDJPY technical analysis
On the H4 chart, the USDJPY pair is trading in a descending price channel, with the price currently undergoing a local upward correction after rebounding from its lower boundary. The local target for the upward correction is the 150.00 level, which coincides with the upper boundary of the price channel.
The USDJPY rate is undergoing an upward correction, returning to 149.00.
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) soared above 3,000 USD, hitting a new all-time high
XAUUSD prices are showing rapid growth, rising above the 3,000 USD level. Today, the market is focused on the US industrial production statistics. Discover more in our XAUUSD analysis for today, 18 March 2025.
XAUUSD technical analysis
XAUUSD quotes continue to show a steady uptrend, reaching a new all-time high of 3,017 USD today. The key support level is currently at the psychologically important level of 3,000 USD.
Gold (XAUUSD) is strengthening, hitting another all-time high of 3,017 USD. The US industrial production data could add to asset volatility today.
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 forecast: market shock – how the Fed decision and the eurozone’s CPI will change the EURUSD rate
The Federal Reserve interest rate change and the eurozone’s CPI data may trigger unpredictable fluctuations in the EURUSD rate, including growth to 1.1010. Find out more in our analysis for 19 March 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD pair formed a Harami reversal pattern near the upper Bollinger Band. At this stage, it continues a corrective wave following the received signal. Since the price is within the ascending channel, it could pull back to the nearest support at 1.0850. A rebound from this level may open the potential for a continued upward movement.
Coupled with the EURUSD technical analysis, the FOMC economic forecasts and the US interest rate decision suggest growth to 1.1010 after the correction is completed.
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.
USDJPY: yen vs. dollar – a surprise turn after the Fed decision
The US interest rate decision and weaker fundamentals may cause the yen to strengthen and push the USDJPY rate down to the 147.50 support level. Find more details in our analysis for 20 March 2025.
USDJPY technical analysis
Having tested the upper Bollinger band, the USDJPY price has formed a Harami reversal pattern on the H4 chart. At this stage, it is moving downwards following the pattern signal. Since the quotes have rebounded from the resistance level and continue to move within the descending channel, they are expected to decline further to the support level.
The Japanese yen is strengthening despite the public holiday in Japan amid expectations of a BoJ interest rate hike and the Fed’s decision.
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.