roboforex Market Fundamental Analysis by RoboForex

[RBFX Support]

XAUUSD consolidates near local highs ahead of employment data release

XAUUSD has moved into a technical correction after a two-day rally, with prices currently standing at 4,463 USD.

XAUUSD forecast: key takeaways

• Sustained demand from global central banks and uncertainty in the Middle East continue to provide long-term support for prices
• Expectations of a hawkish Federal Reserve stance have eased, putting pressure on the US dollar and increasing the appeal of the safe-haven precious metal
• XAUUSD forecast for 4 September 2026: 4,695

Fundamental analysis

XAUUSD quotes have entered a correction phase after rallying for two consecutive trading sessions. During this period, gold gained more than 2% and consolidated above the 4,400 USD resistance level. In the long term, XAUUSD remains supported by sustained demand from global central banks and ongoing geopolitical uncertainty in the Middle East.

Comments from Federal Reserve Governor Christopher Waller were a key driver of the rally. He said he could support keeping interest rates unchanged in September if upcoming data confirms easing inflationary pressures.

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]

DE 40 shifts into a downtrend during the correction

The DE 40 resumed its decline after reaching a new all-time high. The index may continue to fall amid a negative fundamental backdrop.

DE 40 forecast: key takeaways

• The DE 40 index has continued to decline since the end of last week
• The CPI rose by 0.2% in August, while the market expected a 0.3% increase, compared to a 0.8% rise in July
• DE 40 forecast for 7 September 2026: 25,800 or 26,630

Fundamental analysis

The DE 40 index entered a downtrend after a correction reversed the previous trend. The German index may move into a short-term sideways channel.

Germany’s consumer inflation data for August 2026 provides a mixed but moderately positive signal for the DE 40 index.

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]

US 500: focus on oil and the future path of Fed rates

The US 500 returned after the weekend with a moderate decline near 7,711. The market is closely watching oil price movements.

US 500 forecast: key takeaways

• The US 500 index may continue to rise, although sentiment after the long weekend does not look particularly strong
• The likelihood of a Federal Reserve rate hike next week is estimated at around 60%
• US 500 forecast for 8 September 2026: 7,777

Fundamental analysis

The US 500 index is declining moderately on Tuesday after the long holiday weekend. High oil prices remain in focus, supporting inflation risks and fuelling concerns about the future path of interest rates.

Oil prices are rising after the US and Iran exchanged strikes over the weekend. Trade risks have added to pressure, with Canada’s retaliatory tariffs on approximately 20 billion USD worth of US goods taking effect on Tuesday.

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