RBFX Support Posted May 30 Author Report Share Posted May 30 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted June 2 Author Report Share Posted June 2 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted June 3 Author Report Share Posted June 3 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted June 4 Author Report Share Posted June 4 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted June 5 Author Report Share Posted June 5 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted June 6 Author Report Share Posted June 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Monday at 09:22 AM Author Report Share Posted Monday at 09:22 AM 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Tuesday at 09:14 AM Author Report Share Posted Tuesday at 09:14 AM 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted yesterday at 08:30 AM Author Report Share Posted yesterday at 08:30 AM US budget blowout and inflation surprise – gold (XAUUSD) poised to soar The US federal budget deficit could trigger a rally in XAUUSD towards the 3,400 USD level. Find more details in our forecast for 11 June 2025. XAUUSD forecast: key trading points US Consumer Price Index (CPI): previously at 2.3%, projected at 2.5% US federal budget statement: previously at 258.0 billion, projected at -314.3 billion Current trend: moving upwards XAUUSD forecast for 11 June 2025: 3,400 Fundamental analysis Fundamental XAUUSD analysis for today, 11 June 2025, takes into account that gold prices hold steady above 3,300 USD per troy ounce, maintaining their upward trajectory amid lingering uncertainty in US-China trade relations. The XAUUSD forecast for 11 June 2025 suggests the CPI could rise to 2.5% from the previous 2.3%, but this projection may not materialise given the index has shown consistent declines in past reports. A weaker-than-expected CPI could put additional pressure on the US dollar. Additionally, the US federal budget statement is projected to show a drop to -314.3 billion USD. The negative value indicates the budget deficit, which may further weaken 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...
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