RBFX Support

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. Read more - 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

AUDUSD trapped in a Triangle: market holds breath before a breakout The AUDUSD pair is rising after rebounding from support, with traders closely watching the 0.6495 resistance level. The price currently stands at 0.6433. Discover more in our analysis for 23 May 2025. AUDUSD forecast: key trading points Expectations of a Fed rate cut in the second half of 2025 support AUDUSD's current uptrend Traders anticipate a breakout from the consolidation range, which could trigger a strong directional move AUDUSD forecast for 23 May 2025: 0.6545 Fundamental analysis The AUDUSD rate strengthens but remains confined within a sideways consolidation. The US dollar is under pressure due to ongoing fiscal risks and the lack of progress in trade negotiations. Additional support for the Australian currency came from expectations of a Federal Reserve interest rate cut in the second half of 2025. Earlier this week, the Reserve Bank of Australia lowered its key rate by 25 basis points. Markets now price in over a 50% likelihood of a second rate cut at the next meeting in July. Against this backdrop, AUDUSD trading remains mixed and volatile. The price is squeezed in a consolidation range with the upper boundary at 0.6495 and the lower one at 0.6360. Traders are closely monitoring this phase as such consolidations often end with a strong breakout. RoboForex Market Analysis & Forex Forecasts 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 declines as US crude oil inventories rise Brent prices dropped to around 64.00 USD following the release of US crude oil inventory data from the EIA. Discover more in our analysis for 22 May 2025. Brent technical analysis On the H4 chart, Brent shows a downward correction following its recent rise. Prices are currently trading within a broad sideways range between 63.00 and 66.00 USD. The breakout direction from this range will determine the asset’s next move. Brent quotes are falling following the EIA’s report of a 1.328 million barrel rise in US oil inventories. 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

Gold (XAUUSD) at two-week high: US budget prompts risk-off shift Gold (XAUUSD) prices have climbed to 3,338 USD as investors are seeking safe-haven assets amid concerns over US fiscal policy. Discover more in our analysis for 22 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) prices have been rising for four consecutive trading sessions with no signs of slowing Demand for safe-haven assets grows amid mounting uncertainty in the US and the Middle East XAUUSD forecast for 22 May 2025: 3,346 and 3,358 Fundamental analysis Gold (XAUUSD) has posted its fourth consecutive daily gain, reaching 3,338 USD per troy ounce. Investors are increasingly seeking reliable assets amid growing concerns about the US fiscal outlook. Risk appetite declined following the release of a proposed US federal budget, which could further widen the already large deficit. Additional pressure came from Moody’s recent US credit rating downgrade, citing rising debt levels, alongside a cautious economic outlook from the Federal Reserve. Geopolitical uncertainty also supports gold’s appeal, with ongoing tensions in the Middle East adding to market anxiety. According to Chinese customs data, gold imports surged to an 11-month high in April, reaching 127.5 thousand tonnes (+73% m/m). The jump reflects strong demand and additional import quotas granted by the central bank amid rising trade tensions with the US. RoboForex Market Analysis & Forex Forecasts 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 crashes amid Japan’s export boom The USDJPY pair continues to move within a strong bearish impulse, with the price currently at 143.57. Find more details in our analysis for 21 May 2025. USDJPY forecast: key trading points Japan’s exports rose 2% year-on-year in April Japan’s trade balance for April showed a deficit of 115.85 billion yen Markets are watching for a possible meeting between the Japanese and US finance ministers USDJPY forecast for 21 May 2025: 141.45 Fundamental analysis The USDJPY rate is falling for the seventh consecutive trading session, supported by strong Japanese trade data. In April, exports rose by 2% year-on-year to 9.157 trillion yen, marking the seventh straight month of export growth, although at the slowest pace in that period. The yen also gained support from a narrowing trade deficit. In April 2025, Japan’s trade balance recorded a shortfall of 115.85 billion yen, significantly better than the 504.69 billion yen deficit a year earlier. However, the result still fell short of market expectations for a surplus. Market participants are closely watching for a potential meeting between Japan’s Finance Minister Katsunobu Kato and US Treasury Secretary Scott Bessent. The talks are expected to address currency market developments, particularly the yen’s sharp appreciation. RoboForex Market Analysis & Forex Forecasts 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

GBPUSD storms highs, rising prices boost bullish sentiment The British pound continues to strengthen, with the GBPUSD rate soon likely to reach the 1.3500 level. Discover more in our analysis for 21 May 2025. GBPUSD technical analysis Having tested the lower Bollinger Band, the GBPUSD pair formed a Hammer reversal pattern on the H4 chart. The pair is now developing an upward wave in response to this signal. Since the GBPUSD pair remains within an ascending channel and given fundamental data from the UK and the US, the bullish wave is expected to continue. Positive forecasts for the British pound, together with GBPUSD technical analysis, suggest growth towards the 1.3500 resistance area. Read more - GBPUSD 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

Bullish momentum fades: technical analysis signals EURUSD decline The EURUSD rate strengthens amid US dollar weakness following the country’s credit rating downgrade. The current price is 1.1257. Discover more in our analysis for 20 May 2025. EURUSD technical analysis The EURUSD rate is rising within the boundaries of a Wedge reversal pattern. Today’s EURUSD forecast anticipates a test of the pattern’s upper boundary, with a risk of reversal and potential decline towards 1.1055. The euro continues to rise as the US dollar weakens following Moody’s downgrade and Fed rate cut expectations. 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

Brent keeps an eye on Iran’s nuclear program: everyone fears surprises Brent is hovering at 65.53 USD per barrel on Tuesday. Market focus remains on developments involving Iran, dialogue with Russia, and China’s statistics. Discover more in our analysis for 20 May 2025. Brent forecast: key trading points Brent prices edged higher and stabilised amid a heavy news flow China’s data and the Iran issue may influence commodity prices in the near term Brent forecast for 20 May 2025: 63.95 and 63.16 Fundamental analysis Brent is trading around 65.53 USD per barrel on Tuesday. Prices are attempting to climb as the market reacts to uncertainty surrounding US-Iran nuclear negotiations. On Monday, Iranian Deputy Foreign Minister Majid Takht Ravanchi warned that the talks would fail if Washington insists on a complete halt to uranium enrichment by Tehran. Meanwhile, discussions about a peace agreement between Russia and Ukraine are also unfolding. US President Donald Trump did not rule out ceasefire talks following his phone conversation with Russia’s leader. A potential truce could increase Russian oil exports if sanctions ease, which might cap further price gains. Earlier, pressure on oil prices came from Moody’s downgrade of the US credit rating, which raised concerns about the economic outlook for the world’s largest oil consumer. Sentiment also suffered from slowing industrial production and retail sales in China. RoboForex Market Analysis & Forex Forecasts 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 reversed upwards – will the rally continue? The EURUSD pair has formed a local upward reversal after bouncing off the daily support level at 1.1065, with further growth possible. Discover more in our analysis for 19 May 2025. EURUSD forecast: key trading points Market focus: today, the market awaits eurozone inflation data for April, with the Consumer Price Index (CPI) scheduled for release Current trend: upward movement is in progress EURUSD forecast for 19 May 2025: 1.1130 and 1.1265 Fundamental analysis Investor attention is currently drawn to the UK-EU summit in London, where both sides aim to improve relations after years of tension following the 2016 Brexit vote. Constructive agreements may be reached. As for the economic data, the market awaits April inflation statistics for the eurozone. The CPI is expected to rise by 0.6% month-on-month and by 2.2% year-on-year. Higher-than-expected inflation would push the pair higher, while weaker figures could trigger a downward reversal. RoboForex Market Analysis & Forex Forecasts 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

Triangle on the chart, USDCAD poised for growth The USDCAD rate continues its correction, staying within a narrow range for six consecutive sessions. The current price is 1.3967. Find out more in our analysis for 19 May 2025. USDCAD technical analysis The USDCAD rate remains within the Triangle pattern. Today’s USDCAD forecast suggests a breakout above the pattern’s upper boundary and continued growth towards 1.4095. The US credit rating downgrade and weak economic data add to pressure on the US dollar. 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

Gold (XAUUSD) at risk: the market does not need insurance Gold (XAUUSD) is trading around 3,218 USD on Friday. The week ends with a loss of around 3%, with the outlook remaining highly uncertain. Find out more in our analysis for 16 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) quotes are closing the week down by about 3% due to declining interest in safe-haven assets The Federal Reserve may slow the pace of rate cuts, which is negative for gold XAUUSD forecast for 16 May 2025: 3,200 and 3,119 Fundamental analysis Gold (XAUUSD) prices are hovering around 3,218 USD per troy ounce at the end of the week. The precious metal is closing this period with a roughly 3% loss. Gold has temporarily lost its appeal as a safe-haven asset due to easing global trade tensions. The US and China agreed to reduce tariffs for 90 days – a temporary measure, yet one that helped ease fears about prolonged fallout from their trade conflict. Geopolitical risks also subsided, with the truce between India and Pakistan remaining stable. Soft US inflation data typically supports gold. These figures have strengthened expectations that the Federal Reserve may cut interest rates at least twice by the end of 2025. Fed Chairman Jerome Powell previously mentioned that inflation could become more volatile in the future due to persistent supply disruptions. This scenario may complicate efforts by global central banks to maintain price stability. RoboForex Market Analysis & Forex Forecasts 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 reversed upwards – is the correction over? The AUDUSD rate reversed to the upside, rising to 0.6450 amid weaker-than-expected US inflation. Discover more in our analysis for 16 May 2025. AUDUSD technical analysis The AUDUSD pair has reversed upwards on the H4 chart after rebounding from the 0.6400 support level. The Alligator indicator is also attempting to turn upwards, suggesting the downward correction may be ending. A Triangle pattern could form, with the potential for further growth towards the 0.6600 area. The AUDUSD rate reversed to the upside, rising to the 0.6450 area as US inflation cooled. 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

Brent prices fall: US increases reserves, what happens next The rise in US crude oil inventories triggered a correction in Brent quotes, with prices possibly reaching the support level around 63 USD. Discover more in our analysis for 15 May 2025. Brent technical analysis Having tested the upper Bollinger band, Brent prices formed a Shooting Star reversal pattern on the H4 chart. Quotes currently continue their corrective wave as this pattern plays out. The Brent price forecast currently favours the US dollar, with quotes continuing to decline amid expectations of an Iran-US deal. 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

USDJPY on the verge of reversal: Double Bottom may trigger a rally to 149.05 The USDJPY rate continues to decline as sellers gear up for another attempt to test the key support level. The price currently stands at 146.03. Discover more in our analysis for 15 May 2025. USDJPY forecast: key trading points Weak US inflation data supported the Japanese yen The USDJPY pair remains under pressure amid ongoing global trade uncertainty USDJPY forecast for 15 May 2025: 149.05 Fundamental analysis The USDJPY rate has been declining for the third consecutive trading session. The US dollar is losing ground due to sustained uncertainty in global trade and speculation that the US administration favours a weaker dollar in the current negotiations. According to Washington, the relative weakness of Asian currencies gives regional exporters an unfair advantage over US companies. Additional pressure came from weak US inflation data. Chicago Federal Reserve Bank President Austan Goolsbee stated that the Fed needs more information to assess how tariffs impact domestic prices. He noted that the central bank should not react to short-term stock market volatility or political commentary and cautioned against drawing quick conclusions about long-term trends amid high short-term fluctuations. RoboForex Market Analysis & Forex Forecasts 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

GBPUSD climbs again: risk appetite drives sterling higher The GBPUSD pair has risen confidently to 1.3294 as investors continue buying amid a favourable risk environment. Full details in today’s analysis for 14 May 2025. GBPUSD forecast: key trading points GBPUSD resumes its upward movement and continues to appreciate UK inflation may exceed expectations, delaying potential Bank of England rate cuts GBPUSD forecast for 14 May 2025: 1.3319 and 1.3346 Fundamental analysis GBPUSD strengthened to 1.3294 on Wednesday. Market sentiment improved following a temporary tariff-reduction agreement between the US and China, which encouraged demand for risk assets globally. The pound is benefiting from this positive backdrop and from stabilising macroeconomic conditions. Inflation dynamics in the UK have improved, bolstered by stronger trade relations with the US and India. However, Bank of England Chief Economist Huw Pill noted that inflation in the UK could be higher than the Bank’s forecasts, potentially requiring elevated interest rates to be maintained longer than markets anticipate. Last week, Pill voted against a 25-basis-point rate cut. Currently, markets are pricing in a 48-basis-point rate reduction by year-end. No changes are expected at the BoE’s June meeting. RoboForex Market Analysis & Forex Forecasts 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