roboforex Market Fundamental Analysis by RoboForex

[RBFX Support]

JP 225 forecast: the index declined by 15%

The JP 225 stock index returned to last year’s levels as part of the downtrend. The JP 225 forecast for today is negative.

JP 225 forecast: key takeaways

• Recent data: Japan’s trade balance for June stood at −406.9 billion JPY
• Market impact: the effect on the Japanese stock market is mixed

Fundamental analysis

The release of Japan’s foreign trade data may have a moderately negative impact on the JP 225 index, as the trade deficit reached 406.9 billion JPY compared to a projected deficit of only 120 billion JPY. The negative balance was also slightly larger than the previous reading.

For the JP 225 index, the result is mixed. On the one hand, the widening trade deficit raises concerns about higher production costs, accelerating inflation, and a potential decline in households’ real incomes. 

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

[RBFX Support]

EURUSD at a critical level as the market awaits the ECB’s decisive move

The ECB left its interest rate unchanged at 2.4%, but this did not support the euro. The EURUSD rate currently stands at 1.1390. 

EURUSD forecast: key takeaways

• ECB interest rate decision: previously at 2.4%, currently at 2.4%
• The likelihood of an ECB rate hike in September has increased significantly
• EURUSD forecast for 24 July 2026: 1.1475 and 1.1370

Fundamental analysis

The EURUSD forecast takes into account that the pair continues to correct after reaching new highs for the current month and is testing the 1.1380 level.

The ECB kept its interest rate unchanged but did not rule out tighter monetary policy. The ECB July meeting was the key event for the euro. The regulator left its key interest rates unchanged, but ECB President Christine Lagarde said that rising energy prices had significantly increased the likelihood of a rate hike in September. The market is already pricing in a high probability of such a 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