Jump to content

⤴️-Paid Ad- Check advertising disclaimer here. Add your banner here.🔥

RBFX Support

Company
  • Posts

    1,431
  • Joined

  • Last visited

Everything posted by RBFX Support

  1. Deal of the century or a bubble? Brent pushes to new highs Brent prices have reached their highs and may extend gains towards 68.50 USD. Discover more in our analysis for 10 June 2025. Brent forecast: key trading points Brent has surpassed its May peak OPEC+ increases oil production Brent forecast for 10 June 2025: 68.50 Fundamental analysis Fundamental analysis of Brent for today, 10 June 2025, takes into account that prices have renewed their May highs, climbing to 66.90 USD per barrel ahead of the results of another round of negotiations between Washington and Beijing. Optimism surrounding the resolution of trade tensions fuels demand for commodities and reinforces price momentum. Iran is preparing a counterproposal for the US regarding the nuclear deal. Against this backdrop and following the breakout above the recent high, Brent shows resilience despite ongoing uncertainty. The Brent forecast also takes into account increased OPEC+ production, with Iraq lagging, and Saudi Arabia and the UAE continuing to ramp up output. However, caution remains warranted – an oversupply by the end of 2025 could weaken the market and trigger a correction in Brent prices. 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
  2. Gold (XAUUSD) nears reversal: bulls gearing up for a surge XAUUSD prices are declining on Tuesday, although buyers continue to defend the key support level. The quotes currently stand at 3,309 USD. Discover more in our analysis for 10 June 2025. XAUUSD technical analysis XAUUSD quotes are bouncing off the 3,300 support level. The XAUUSD price forecast suggests the pair could resume its upward impulse, with the next target at 3,345. Technical indicators support the bullish scenario, with prices remaining within the demand area and breaking out of a descending channel. Renewed interest in gold is supported by declining US inflation expectations. 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
  3. The dollar falls – EURUSD rises: what’s next? The drop in Nonfarm Payrolls has hit the US dollar, with EURUSD continuing its upward move towards 1.1460. Discover more in our analysis for 9 June 2025. EURUSD forecast: key trading points Nonfarm Payrolls data weakened the US dollar The ECB may pause its rate adjustments EURUSD forecast for 9 June 2025: 1.1460 Fundamental analysis Today’s EURUSD forecast favours the European currency. After the release of the Nonfarm Payrolls report, the dollar keeps losing ground against the euro. The actual figure came in at 149K, down from 142K in the previous period. While the drop might seem marginal at first glance, combined with other weak US macro data, it exerted pressure on the dollar and triggered an upward move in EURUSD. Investors are growing cautious about the weakening US dollar and seeking safe havens for their assets. Meanwhile, after initiating a rate cut cycle, the ECB has signalled a possible pause in further rate moves, which has strengthened the euro and supported the current rally in EURUSD. 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
  4. The dollar falls, the loonie celebrates: what’s next for USDCAD A stronger Canadian labour market supports the loonie and could push USDCAD down towards the support level at 1.3630. Discover more in our analysis for 9 June 2025. USDCAD technical analysis On the H4 chart, USDCAD formed a reversal pattern – Hammer – near the lower Bollinger Band. The pair is currently developing a correction from this signal. As prices remain within the descending channel, a move towards the nearest resistance at 1.3725 is possible. All macroeconomic factors currently favour the Canadian 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
  5. Shock time for the market: NFP data may shake the AUDUSD rate The forecast for 6 June 2025 favours the Australian dollar, with the pair potentially extending a correction towards 0.6475. Find more details in our analysis for 6 June 2025. AUDUSD technical analysis Having tested the upper Bollinger Band, the AUDUSD pair formed a Shooting Star reversal pattern on the H4 chart. The pair is currently undergoing a corrective wave in response to this signal, with a downside target at the 0.6475 support level. If today’s NFP data disappoints, the AUDUSD pair may continue its correction. 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
  6. USDJPY climbs: what should traders expect from the US jobs report? The USDJPY pair continues to strengthen ahead of the key US jobs report release, currently trading at 143.93. Discover more in our analysis for 6 June 2025. USDJPY forecast: key trading points Investors adopt a wait-and-see approach ahead of the US Nonfarm Payrolls release Speculation of BoJ policy tightening grows but remains insufficient to lift the yen USDJPY forecast for 6 June 2025: 145.35 Fundamental analysis The USDJPY rate is rising for the second consecutive session, staying within a sideways range between 142.50 and 144.20. The chart continues to indicate the potential formation of a Double Bottom reversal pattern, which could signal further strengthening of the US dollar. The Japanese yen remains under pressure as investors wait for the crucial US employment report. Additional support for the US dollar came from news of a phone call between Donald Trump and Xi Jinping, in which both leaders agreed to continue trade negotiations. Meanwhile, BoJ Governor Kazuo Ueda reiterated the central bank’s readiness to raise interest rates if economic and inflation targets are met. Although this has raised expectations of a cautious but steady policy tightening, it remains insufficient to boost the yen, according to today’s USDJPY forecast. 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
  7. Brent fears oversupply: sell-off possible Brent prices fell below 65 USD on Thursday as the market grew uneasy about a global oil glut. Find more details in our analysis for 5 June 2025. Brent technical analysis On the H4 chart, Brent is setting up for a decline towards 64.04. A breakout below the 64.00-64.05 area could pave the way for further selling down to 63.63. Brent prices are falling, with the market having plenty of justification. 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
  8. The Fed under pressure, market on hold: gold (XAUUSD) poised for rally Gold continues to form a pullback, and prices may fall to 3,338 USD as part of a corrective wave. Discover more in our analysis for 5 June 2025. XAUUSD forecast: key trading points US initial jobless claims: previously at 240 thousand, projected at 236 thousand Current trend: moving upwards XAUUSD forecast for 5 June 2025: 3,338 and 3,410 Fundamental analysis The XAUUSD outlook for 5 June 2025 considers gold maintaining resilience, trading near 3,370 USD per troy ounce. Investors remain cautious ahead of the US Non-Farm Payrolls report (NFP), which could shape market direction. Gold prices are supported by weak US economic data, including a decline in the services PMI to 49.9 and ADP employment growth of just 37 thousand. These figures reinforce expectations of a Federal Reserve rate cut. US initial jobless claims represent the number of people who claimed unemployment benefits for the first time during the previous week. This indicator measures the labour market climate, with an increase in initial jobless claims indicating rising unemployment. The previous reading stood at 240 thousand, with the XAUUSD price forecast suggesting a slight drop to 236 thousand. Although the change is marginal, if the actual figure matches or exceeds expectations, it could affect XAUUSD quotes. 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
  9. GBPUSD under pressure: US labour market data crushes bulls’ hopes The GBPUSD rate is falling amid US dollar strength following robust US labour market data. The price currently stands at 1.3504. Find out more in our analysis for 4 June 2025. GBPUSD forecast: key trading points US job openings rose to 7.391 million in April Robust JOLTS data boosted support for the USD The ADP private sector employment report is due today GBPUSD forecast for 4 June 2025: 1.3450 and 1.3600 Fundamental analysis The GBPUSD rate is declining for the second consecutive session. Sellers re-entered the market after testing the key resistance level at 1.3565. On the daily chart, a Double Top reversal pattern appears to be forming, increasing the likelihood of a move down towards the next target at 1.3445. The US dollar gained support from the latest labour market data. On Tuesday, the JOLTS job openings report showed an unexpected rise to 7.391 million in April, well above the consensus forecast of 7.167 million. This indicates continued resilience of the US labour market and reinforces expectations for a more hawkish Federal Reserve stance, putting pressure on the GBPUSD rate. Investor focus now shifts to the upcoming US data. The ADP private sector employment report is due today, followed by the key May employment data on Friday, which could heavily influence the pair’s next move. 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
  10. EURUSD halts correction: key data ahead The EURUSD pair is hovering around 1.1369 on Wednesday as markets await US labour market data. Find more details in our analysis for 4 June 2025. EURUSD technical analysis On the H4 chart, the EURUSD pair is hovering around the key support level of 1.1370. If this level does not break, buyers could return with a target at 1.1455 and then 1.1500. After a recent peak, the EURUSD pair declined, awaiting a catalyst from US labour market data. 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
  11. Oil on the verge of a breakout: Brent may test 66.50 USD today A drop in US crude oil inventories may trigger a rise in Brent prices towards 66.50 USD. Find out more in our analysis for 3 June 2025. Brent forecast: key trading points Brent crude oil is forming a correction Weekly US crude oil stockpiles (API): previously at -4.236 million barrels Brent forecast for 3 June 2025: 63.50 and 66.50 Fundamental analysis Fundamental analysis of Brent for today, 3 June 2025, takes into account that oil prices are moderately rising, reaching 65.00 USD per barrel. Key support factors include the weakening US dollar and geopolitical risks, such as tensions around Iran and supply disruptions from Canada due to wildfires. Although OPEC+ decided to maintain the July output increase at 411,000 barrels per day, below market expectations, Brent quotes hit the 65.00 USD resistance level and are now entering a correction. According to the American Petroleum Institute (API), US crude oil inventories fell by 4.236 million barrels last week. A further drop in stocks in the current reporting period could propel Brent prices towards 66.50 USD. 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
  12. USDJPY rebounds, but downtrend remains dominant The USDJPY rate is gaining strength following a statement from the Bank of Japan's governor, with the price currently at 142.91. Discover more in our analysis for 3 June 2025. USDJPY technical analysis The USDJPY rate continues to move within a descending channel, maintaining potential for further decline. The latest growth attempt stalled at the resistance level of 143.35. Today’s USDJPY forecast suggests a move lower towards 141.35. The Stochastic Oscillator confirms the bearish scenario, with the indicator is bouncing off a descending trendline, signalling ongoing selling pressure. The USDJPY rate has bounced from the support level, yet the risk of further downside remains due to expectations that the Bank of Japan will hold rates steady and the upcoming US jobs data. 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
  13. EURUSD starts the week steadily: all eyes on risk The EURUSD pair is hovering around 1.1358 on Monday as investors assess risk levels at the start of a new week. Find out more in our analysis for 2 June 2025. EURUSD forecast: key trading points The EURUSD rate is edging up modestly as overall market sentiment remains weak Concerns about deteriorating global trade relations re-emerge EURUSD forecast for 2 June 2025: 1.1390 and 1.1424 Fundamental analysis The EURUSD pair is trading close to 1.1358 at the start of the week and the new month. Market sentiment has deteriorated due to renewed concerns over global trade tensions. On Friday, Donald Trump said he might introduce 50% tariffs on steel and aluminium imports starting from 4 June. Meanwhile, US-China relations have worsened again as Beijing rejected Washington’s claims of breaching the temporary trade agreement. This has cast doubt on the likelihood of further trade talks between the two nations. Still, negotiations could resume as early as this week. Market focus now shifts to fresh US economic data, particularly Friday’s Non-Farm Payrolls report for May. 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
  14. Gold (XAUUSD) rises: the world seeks shelter from risk Gold (XAUUSD) prices have climbed to 3,310 USD as news flows grow increasingly concerning. Discover more in our analysis for 2 June 2025. XAUUSD technical analysis On the H4 chart, Gold (XAUUSD) is setting up for a gradual rise towards 3,332 USD. To maintain this upward momentum, prices must consolidate above that level and receive support from fundamental developments. Gold (XAUUSD) prices moved higher as external conditions deteriorated and market participants grew increasingly concerned about capital preservation. 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
  15. AUDUSD under pressure from statistics The AUDUSD pair slipped to 0.6425 on Friday. Weak economic data suggests the RBA may continue cutting interest rates. Discover more in our analysis for 30 May 2025. AUDUSD technical analysis On the H4 chart, the AUDUSD pair appears poised to retest the local low at 0.6420. A breakout below this level would pave the way for a move down to 0.6404. The AUDUSD pair has lost nearly 1% over the week and remains under pressure. 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
  16. USDJPY falls below 144.00 amid rising inflation in Japan The USDJPY rate has dropped below the 144.00 mark as inflation in Japan accelerates and investors anticipate a rate hike from the central bank in July. Find more details in our analysis for 30 May 2025. USDJPY forecast: key trading points Market focus: Japan’s Consumer Price Index rose by 3.6% year-on-year in May Current trend: moving downwards USDJPY forecast for 30 May 2025: 143.00 and 144.75 Fundamental analysis The Japanese yen is strengthening as inflation increases. Tokyo’s Consumer Price Index rose by 3.6% year-on-year in May, up from 3.4% in April and surpassing the 3.5% market forecast. This marks the highest inflation reading in two years and boosts expectations that the Bank of Japan may raise interest rates at its July meeting. Today, market participants are awaiting US inflation data, with the core PCE price index due during the American session. Forecasts anticipate a 0.1% monthly rise and a 2.5% year-on-year increase. Higher-than-expected inflation could support the US dollar, while a weaker reading would likely strengthen the yen further. 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
  17. 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 - 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
  18. Gold (XAUUSD) plummets as markets rush into risk Gold (XAUUSD) prices dropped to 3,270 USD. The easing of tariff risks has dampened demand for safe-haven assets. Discover more in our analysis for 29 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) quotes are falling for the third consecutive day as risk appetite grows Strengthening of the US dollar adds to pressure on gold XAUUSD forecast for 29 May 2025: 3,244 USD Fundamental analysis Gold (XAUUSD) fell to 3,270 USD on Thursday, marking its third consecutive daily decline. The main trigger is the fading concern over tariffs, which has reduced demand for safe-haven assets. The sell-off intensified following a ruling by the US Court of International Trade, which determined that President Donald Trump had overstepped his authority in imposing retaliatory tariffs on trade partners. The court ordered these measures to be cancelled and permanently blocked. The White House is expected to appeal, but for now, the decision deals a significant blow to the Trump administration’s economic policies. The latest FOMC meeting minutes revealed that the Federal Reserve is maintaining a cautious stance as it assesses the impact of recent policy decisions, mainly those related to tariffs. The document also highlighted rising risks of inflation and unemployment. 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
  19. 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. 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
  20. FOMC reveals its hand – what is next for EURUSD after the minutes? As markets await the release of the FOMC minutes, the EURUSD pair is forming a correction. Once this phase ends, the pair may resume its upward movement towards the 1.1415 mark. Find more details in our analysis for 28 May 2025. EURUSD forecast: key trading points FOMC meeting minutes release EURUSD forecast for 28 May 2025: 1.1415 and 1.1265 Fundamental analysis Fundamental analysis for 28 May 2025 focuses on the release of the Federal Open Market Committee (FOMC) minutes from the 6-7 May meeting. These documents are expected to provide deeper insight into the Fed’s stance on interest rates and economic risks. At the latest meeting, the FOMC left the federal funds rate unchanged at 4.25%-4.50%, citing increased uncertainty and rising risks related to both inflation and unemployment. The minutes may shed light on the extent of the committee’s concern about a potential economic slowdown and inflationary pressures driven by trade tariffs and weaker GDP growth. The Fed is assumed to maintain a wait-and-see approach and refrain from immediate action until more definitive economic signals emerge. Potential rate cuts may come no earlier than September and would depend on inflation and labour market dynamics. 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
  21. 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. 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
  22. USDJPY rebounds from support – correction or start of a reversal? The USDJPY rate is recovering, although the US dollar remains under pressure, with the price currently at 142.64. Discover more in our analysis for 27 May 2025. USDJPY forecast: key trading points Japan’s inflation accelerated to 3.5%, the highest level in two years Rising inflation increases the likelihood of a BoJ rate hike USDJPY forecast for 27 May 2025: 144.95 Fundamental analysis The USDJPY rate is correcting after rebounding from the key support level at 142.25. The US dollar remains under pressure as investors adjust their expectations for the Bank of Japan’s next moves, pricing in another rate hike amid steady inflation. According to last week’s data, Japan’s core inflation unexpectedly accelerated to 3.5%, its highest in two years, strengthening the case for further monetary policy tightening. Meanwhile, Tokyo’s unemployment rate rose to 2.5% in March from 2.4% in February, while employment showed a slight decline. Japan’s Leading Economic Index, which signals short-term economic prospects, was revised up to 108.1 from 107.7 but remains at its lowest since December due to weak consumer sentiment. The Coincident Index, tracking current economic activity including industrial production, fell to 115.9, the lowest reading since November. 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
  23. 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. Read more - XAUUSD 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
  24. GBPUSD hits highest level since February 2022, pound easily outperforms US dollar The GBPUSD pair surged to 1.3578, with strong UK retail sales data pushing the pound to a three-year high. Discover more in our analysis for 26 May 2025. GBPUSD forecast: key trading points GBPUSD reached a three-year high, driven by strong data and geopolitical developments Markets expect only one more rate hike from the Bank of England before the end of the year GBPUSD forecast for 26 May 2025: 1.3593 and 1.3625 Fundamental analysis The GBPUSD pair soared to 1.3578 on Monday, propelled by robust UK retail sales figures for April. Warm spring weather encouraged consumer spending in April, with retail sales rising by 1.2% compared to March, well above the expected 0.2%. Over the past week, the GBPUSD rate gained 1.5%, hitting its highest level since 24 February 2022 on Friday. Rising UK government bond yields have made the pound more attractive to foreign investors. However, concern remains over Britain's public finances, with the country currently holding the highest borrowing levels among developed economies. The yield on 30-year bonds surpassed 5.5% on Friday, despite an anticipated drop in energy bills. An additional boost for the pound came from a UK-EU agreement easing some trade barriers and enhancing defence cooperation. 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
  25. 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

⤴️-Paid Ad- Check advertising disclaimer here. Add your banner here.🔥

×
×
  • Create New...