RBFX Support Posted April 21 Author Report Share Posted April 21 Crash or opportunity? IMF meeting and falling LEI weigh on USDJPY The IMF meeting and weak US LEI data may spark a correction in USDJPY before a potential drop to the 140.00 level. Full forecast for 21 April 2025 below. USDJPY forecast: key trading points IMF Spring Meetings begin today US Leading Economic Index (LEI): previous – -0.3%, forecast – -0.5% USDJPY forecast for 21 April 2025: 140.00 and 141.50 Fundamental analysis As of 21 April 2025, markets are focused on the start of the IMF Spring Meetings. Amid persistent global headwinds — including high inflation, geopolitical risks, and sluggish growth in major economies — this event may deliver crucial policy statements regarding global financial stability, support for developing economies, and central banks’ future strategies. In parallel, attention is on the US Leading Economic Index (LEI), a composite of 10 indicators designed to forecast turning points in the economic cycle. It includes metrics like jobless claims, new orders, and consumer expectations. A further decline in LEI to -0.5%, as forecasted, would reinforce fears of a slowing US economy or even a looming recession — potentially undermining the dollar and bolstering safe-haven demand for the yen. The fundamental backdrop for USDJPY remains fragile, with downside pressure likely to persist. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted April 22 Author Report Share Posted April 22 EURUSD surges as pressure mounts on Jerome Powell The EURUSD rate is gaining for the third consecutive trading session, currently trading at 1.1530. Find out more in our analysis for 22 April 2025. EURUSD forecast: key trading points President Donald Trump intensifies criticism of Fed Chairman Jerome Powell Traders are concerned about growing tension between the White House and the Federal Reserve EURUSD forecast for 22 April 2025: 1.1630 Fundamental analysis The EURUSD rate continues to rally after rebounding from the 1.1475 support level. Pressure on the US dollar has increased following fresh verbal attacks by President Donald Trump on Federal Reserve Chairman Jerome Powell. On Monday, Trump escalated his calls for immediate rate cuts. Market participants are increasingly concerned about the rising tension between the White House and the Fed. Trump’s actions could be perceived as an attempt to pressure the Fed’s independence, with speculation around a possible replacement of Powell adding to uncertainty and fear in the market, undermining confidence in the US dollar. Additional support for the EURUSD rally came from investor disappointment over stalled US-China trade negotiations. Beijing accused Washington of misusing tariffs and warned other nations about entering trade deals with the US, which has increased tensions and further weighed on the US dollar. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Wednesday at 09:24 AM Author Report Share Posted Wednesday at 09:24 AM No rescue mission needed: falling PMI will not stop GBPUSD's climb Positive UK data may trigger a GBPUSD rally towards 1.3420. Discover more in our analysis for 23 April 2025. GBPUSD forecast: key trading points UK services PMI: previously at 52.2, projected at 51.5 US services PMI: previously at 54.4, projected at 52.8 GBPUSD forecast for 23 April 2025: 1.3420 and 1.3240 Fundamental analysis The services Purchasing Managers’ Index (PMI) is a vital economic barometer, reflecting the health of the largest sector in the economy. Based on surveys of purchasing managers, it captures trends in new orders, employment, business confidence, and overall activity. A reading above 50.0 indicates expansion, while a value below 50.0 signals contraction. Given the dominant role services play in the UK GDP, the indicator is considered crucial for assessing the country’s economic health. Its release often causes strong fluctuations in the national currency exchange rate. The forecast for 23 April 2025 anticipates a slight dip in UK services PMI to 51.5 points. The decrease is not critical, with the reading remaining above the key 50.0 threshold, which may be potentially positive for the pound. Fundamental analysis for 23 April 2025 also takes into account the release of the US services PMI, which is expected to decline from 54.4 to 52.8. Today’s GBPUSD forecast considers all US and UK data, which could support the GBP and spur further gains in the GBPUSD rate once the correction is complete. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Thursday at 08:38 AM Author Report Share Posted Thursday at 08:38 AM Two days of decline behind: Gold (XAUUSD) gears up for an upward spurt XAUUSD is rebounding from the support level, currently trading at 3,331 USD. Discover more in our analysis for 24 April 2025. XAUUSD forecast: key trading points Strong fundamental factors drive demand for Gold Investors view buying on price declines as the optimal strategy in current conditions XAUUSD forecast for 24 April 2025: 3,465 Fundamental analysis XAUUSD quotes are recovering after two days of losses. The decline was driven by rising risk appetite, following statements from Donald Trump about potentially lowering tariffs on Chinese goods and reaching a trade agreement with Beijing. US Treasury Secretary Scott Bessent said on Wednesday that the current level of tariffs between the US and China is unsustainable and should be reduced before new talks can begin. However, he stressed that Trump has no plans to unilaterally lift tariffs on Chinese imports. Market participants believe the bullish trend in Gold will continue unless the White House demonstrates a genuine shift in its trade policy. For now, strong fundamentals continue to support demand for Gold, with buying on dips remaining the preferred strategy. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Friday at 10:42 AM Author Report Share Posted Friday at 10:42 AM Traders brace for a correction in AUDUSD The AUDUSD rate continues its upward momentum, currently trading at 0.6404. Discover more in our analysis for 25 April 2025. AUDUSD forecast: key trading points Private sector activity in Australia continued to rise in April Markets expect the Reserve Bank of Australia to cut interest rates in May AUDUSD forecast for 25 April 2025: 0.6315 Fundamental analysis The AUDUSD rate is rising for the second consecutive session, although buyers have yet to break above the 0.6435 resistance level. Trader sentiment shifted after US President Donald Trump stated that trade talks with China would continue, despite denials from Beijing. This uncertainty is capping further gains in the Australian dollar. Domestic data shows continued growth in Australia’s private sector activity in April, with positive results observed in both manufacturing and services. The S&P Global composite PMI slipped slightly from 51.6 to 51.4, but remains in growth territory. Despite the encouraging data, markets expect the Reserve Bank of Australia to cut the cash rate by 25 basis points in May. This is seen as a preventive move amid concerns about the potential negative impact of the newly implemented US trade tariffs. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted 7 hours ago Author Report Share Posted 7 hours ago USDJPY rises above 143.00; will growth continue? The USDJPY pair climbed to the 144.00 area amid easing trade tensions and ongoing negotiations. Find out more in our analysis for 28 April 2025. USDJPY forecast: key trading points Market focus: ongoing tariff negotiations between the US and Japan Current trend: correcting upwards USDJPY forecast for 28 April 2025: 144.00 and 143.00 Fundamental analysis The USDJPY rate climbed into the 144 yen per dollar area on Monday, driven by easing global trade tensions. Japan's chief trade negotiator, Ryosei Akazawa, is expected to visit Washington this week for a second round of bilateral talks. Meanwhile, the Bank of Japan is scheduled to hold its policy meeting this Thursday. The regulator is widely expected to maintain its benchmark interest rate at 0.5%, as policymakers continue to assess the potential impact of newly imposed US tariffs on Japan’s export-oriented economy. 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 Quote Link to comment Share on other sites More sharing options...
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