RBFX Support Posted October 21 Author Report Share Posted October 21 GBPUSD is poised to recover with a rebound The GBPUSD pair has halted its decline and is stabilising. The pound appears oversold. More details in our analysis for 21 October 2024. GBPUSD technical analysis The GBPUSD H4 chart shows that the market has completed a corrective wave, reaching 1.3070. A consolidation range is forming below this level today, 21 October 2024, with the potential to extend up to 1.3074. A decline and a breakout below the 1.3019 level will open the potential for further movement towards 1.2940, the first target. The GBPUSD pair has rebounded, taking advantage of the stabilising US dollar and market expectations. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 22 Author Report Share Posted October 22 USDCHF: the franc is under pressure due to easing inflation The USDCHF rate slightly declines on Tuesday. More details in our analysis for 22 October 2024. USDCHF technical analysis The USDCHF H4 chart shows that the market has formed a consolidation range around 0.8637. The price is expected to break above the upper boundary of this range and rise to 0.8717 today, 22 October 2024. The USDCHF rate remains under pressure amid expectations of policy easing by the Swiss National Bank and the strength of the US dollar. Read more - USDCHF 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 23 Author Report Share Posted October 23 EURUSD reached a new local low as demand for the US dollar strengthens The EURUSD pair continues to decline as the market turns towards safe-haven assets. Find out more in our analysis for 23 October 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market has completed a downward wave, reaching 1.0790. A correction towards 1.0825 (testing from below) could occur today, 23 October 2024. After the correction, the EURUSD rate is expected to decline to 1.0777, the first target. The EURUSD pair has reached a 2.5-month low and remains under pressure. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 24 Author Report Share Posted October 24 Silver (XAGUSD) prices correct downwards from the area around 35.00 USD XAGUSD prices are undergoing a downward correction after failing to break above the 35.00 USD level. The trend remains upward, with growth likely to continue. Find out more in our XAGUSD analysis for today, 24 October 2024. XAGUSD technical analysis XAGUSD quotes are currently undergoing a downward correction on the H4 chart, rebounding from the upper boundary of the ascending price channel. The price hit a new annual high of 34.86 USD. Once the correction is complete, further growth to the area above 35.00 USD can be expected. Silver (XAGUSD) prices are correcting downwards after reaching another annual high of 34.86 USD Read more - Silver 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 25 Author Report Share Posted October 25 USDJPY remains stable: investors prepare for the Japanese elections The USDJPY pair has halted its surge. The market preserves strength ahead of political developments. Find out more in our analysis for 25 October 2024. USDJPY technical analysis The USDJPY H4 chart indicates that the market continues its downward momentum towards 150.75, the first target. The price is expected to reach this target today, 25 October 2024, before beginning a correction towards 151.97 (testing from below). The USDJPY pair has undergone a correction and paused. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 29 Author Report Share Posted October 29 USDCHF declines: a correction is necessary The USDCHF pair is declining; the market requires a correction. Find out more in our analysis for 29 October 2024. USDCHF technical analysis The USDCHF H4 chart shows that the market has formed a growth wave structure towards 0.8697. A correction is expected to develop, aiming for 0.8636 today, 29 October 2024. After reaching this level, the price could rise to 0.8717, potentially extending the growth wave to 0.8740. The USDCHF pair is poised for a correction after previous steady gains. Read more - USDCHF 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 30 Author Report Share Posted October 30 USDJPY is on hold: investors prefer to wait for further news The USDJPY pair remains in a consolidation phase. The market is preserving its strength ahead of the BoJ meeting. Find out more in our analysis for 30 October 2024. USDJPY technical analysis The USDJPY H4 chart shows that the market continues to develop a narrow consolidation range around 153.30 without a clear trend. The range could extend to 154.15, with a decline to 153.30 today, 30 October 2024. The USDJPY pair conserves strength before the Bank of Japan decides on its next interest rate. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted October 31 Author Report Share Posted October 31 AUDUSD: the pair has the potential to maintain its upward trajectory Despite falling retail sales in Australia, the AUDUSD forecast is somewhat optimistic. More details in our analysis for 31 October 2024. AUDUSD technical analysis The AUDUSD H4 chart shows that the market has risen to 0.6595 and declined to 0.6563, practically outlining the boundaries of a consolidation range, expected to develop further today, 31 October 2024. Falling retail sales in Australia and an increase in US initial jobless claims offset each other. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 1 Author Report Share Posted November 1 NZDUSD started to consolidate, but risks persist The NZDUSD pair maintains its strength on Friday. Yesterday’s US statistics may prompt adjustments. More details in our analysis for 1 November 2024. NZDUSD technical analysis The NZDUSD H4 chart shows that the market has reached the local target of the downward wave at 0.5940. A growth impulse towards 0.5983 has formed today, 1 November 2024. The NZDUSD pair halted its decline but remains under pressure due to the fundamental environment. Read more - NZDUSD 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 4 Author Report Share Posted November 4 The GBPUSD pair is poised for a rebound, but volatility is increasing The GBPUSD pair rose, with the pound supported by the local weakness of the US dollar. More details in our analysis for 4 November 2024. GBPUSD technical analysis The GBPUSD H4 chart shows that the market has received support at 1.2914 and continues to correct towards 1.3060. The price could break above the 1.2989 level today, 4 November 2024, and continue to develop a new growth wave, aiming for 1.3060 as the local target. The GBPUSD pair has declined as the weakening US dollar allowed the pound to recover. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 5 Author Report Share Posted November 5 USDCHF: the pair continues to correct ahead of the US presidential election Switzerland’s stable unemployment rate and the upcoming US election may strengthen the Swiss franc. Discover more in our analysis for 5 November 2024. USDCHF technical analysis The USDCHF H4 chart shows that the market has formed a downward wave towards 0.8615. A growth structure is expected to develop today, 5 November 2024, aiming for 0.8666. A breakout above this level will open the potential for a growth wave towards 0.8720, the local target. Alongside technical analysis for today’s USDCHF forecast, the US presidential election and fundamental data suggest a potential growth wave towards 0.8720. Read more - USDCHF 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 6 Author Report Share Posted November 6 (edited) Gold (XAUUSD) continues to correct, falling to 2,700 USD XAUUSD prices continue to correct, plunging to 2,700 USD amid US dollar growth driven by the US election. Once the correction is complete, growth could resume. Discover more in our XAUUSD analysis for today, 6 November 2024. XAUUSD technical analysis On the H4 chart, the XAUUSD pair continues to correct downwards as part of a strong uptrend. Today, the quotes fell to the 2,700-2,710 USD support area, which coincides with the lower boundary of the ascending price channel. XAUUSD quotes continue to correct downwards amid the strengthening of the US dollar due to the ongoing US presidential election, with no doubts remaining about Trump’s victory. 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 Edited November 6 by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 7 Author Report Share Posted November 7 USDJPY is at a three-month high: the yen is under pressure from the US dollar The USDJPY pair is appreciating rapidly, with the yen under pressure from the strong US dollar. Find out more in our analysis for 7 November 2024. USDJPY technical analysis The USDJPY H4 chart shows that the market has completed a growth wave, reaching 154.70, a local target. A consolidation range is forming below this level today, 7 November 2024. A breakout below the range could initiate a downward wave towards 151.35, the first target in the corrective phase. The USDJPY pair is surging, driven by the strong US dollar. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 8 Author Report Share Posted November 8 EURUSD declines again, with the US dollar bolstered by the Fed The EURUSD pair is losing ground. The market can now take a slight respite following the Federal Reserve’s decision. Find out more in our analysis for 8 November 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market continues to develop the first upward impulse. A consolidation range has formed around the 1.0758 level, and after a breakout above it, the price has reached the local target of the growth impulse at 1.0824. The EURUSD pair must account for the full range of economic data and political decisions released this week. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 11 Author Report Share Posted November 11 GBPUSD stabilised: all news factored into prices The GBPUSD pair started the week in calm conditions. The pound has absorbed the recent shock and recovered. Find out more in our analysis for 11 November 2024. GBPUSD technical analysis The GBPUSD H4 chart shows the market is forming a consolidation range around 1.2929, potentially extending to 1.2850 today, 11 November 2024. Subsequently, the price could rise to 1.2929 (testing from below). The downward wave may extend towards the main target of 1.2820. The GBPUSD pair declined and returned to equilibrium. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 12 Author Report Share Posted November 12 USDJPY rises for the second day: market preference for the US dollar takes priority The USDJPY pair is increasing, with renewed interest in the US dollar gaining traction. Find out more in our analysis for 12 November 2024. USDJPY technical analysis The USDJPY H4 chart shows that the market has completed a wave, reaching 154.05. A decline to 153.05 (testing from above) is expected today, 12 November 2024. After reaching this level, the price could rise to 155.00 and potentially continue the wave to the local target of 155.15. The USDJPY pair remains positive, buoyed by market sentiment favouring the US dollar. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 13 Author Report Share Posted November 13 EURUSD hits a new six-month low: all sympathies are with the US dollar The EURUSD pair continues its decline, with the market positive about Trump. Find out more in our analysis for 13 November 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market has breached the 1.0680 level and continues its downward momentum, aiming towards 1.0540, the local target. The price is expected to fall to 1.0570 today, 13 November 2024. After reaching this level, a technical retracement to 1.0600 (testing from below) is possible. The EURUSD pair has plunged to a new six-month low. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 14 Author Report Share Posted November 14 AUDUSD reaches new lows: market pressures mount on the Aussie The AUDUSD pair is rapidly falling, with the market testing the 5 August low. Find out more in our analysis for 14 November 2024. AUDUSD technical analysis The AUDUSD H4 chart shows that the market has completed a corrective wave, reaching 0.6545 and, after rebounding from this level, dropped to 0.6480. A narrow consolidation range is expected to develop at the current lows of a downward wave today, 14 November 2024. The AUDUSD pair appears weak and has reached three-month lows. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 15 Author Report Share Posted November 15 NZDUSD stabilised after another collapse The NZDUSD pair paused its decline, with the Kiwi under pressure from the strong US dollar. Find out more in our analysis for 15 November 2024. NZDUSD technical analysis The NZDUSD H4 chart shows that the market has reached the downward wave’s target of 0.5841. A consolidation range could develop above this level today, 15 November 2024. If the price breaks below the range, the wave could extend towards 0.5777. The NZDUSD pair has tumbled to annual lows and appears highly unstable. Read more - NZDUSD 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Monday at 11:33 AM Author Report Share Posted Monday at 11:33 AM Gold (XAUUSD) reverses upwards, securing above 2,550 USD XAUUSD prices declined to 2,536 USD within a correction last week, where they encountered strong demand and formed a local upward reversal. More details in our XAUUSD analysis for today, 18 November 2024. XAUUSD technical analysis On the H4 chart, the XAUUSD pair is in a downward correction. Asset prices tumbled to 2,536 USD last week, where they encountered strong demand from buyers and reversed upwards. Gold (XAUUSD) quotes attempt to complete a correction and reverse upwards, securing above 2,550 USD. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Tuesday at 11:15 AM Author Report Share Posted Tuesday at 11:15 AM The Swiss franc stabilises: it is time for a correction The USDCHF pair has initiated a correction, moving away from a three-month high. Find out more in our analysis for 19 November 2024. USDCHF technical analysis The USDCHF H4 chart shows that the market has completed a correction towards 0.8825. A technical retest of the 0.8866 level is possible today, 19 November 2024. The market is expected to define the boundaries of a consolidation range. The USDCHF pair is undergoing a corrective decline following its recent surge. Read more - USDCHF 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Wednesday at 11:10 AM Author Report Share Posted Wednesday at 11:10 AM EURUSD: the euro continues to lose ground against the US dollar The ECB’s financial stability report and the ECB president’s speech could further weaken the euro. Discover more in our analysis for 20 November 2024. EURUSD technical analysis The EURUSD H4 chart indicates that the market has received support at the 1.0523 level and has continued its upward movement. The price is expected to reach 1.0610 today, 20 November 2024. The structure formed around the 1.0560 can be viewed as correcting the previous downward wave. The ECB president’s speech and other fundamental factors continue to weaken the euro. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Thursday at 10:46 AM Author Report Share Posted Thursday at 10:46 AM AUDUSD: the pair may continue to fall, having completed its correction Michele Bullock’s speech and increased US jobless claims may support the AUDUSD pair in forming a corrective wave. More details in our analysis for 21 November 2024. AUDUSD technical analysis The AUDUSD H4 chart shows that the market has formed a narrow consolidation range around 0.6491 and, breaking above it, corrected towards 0.6543. A corrective move to 0.6545 is possible today, 21 November 2024. With technical analysis for today’s AUDUSD forecast, negative US news suggests a potential correction towards 0.6545, followed by a decline to 0.6430. 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 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted yesterday at 09:37 AM Author Report Share Posted yesterday at 09:37 AM NZDUSD hit new annual lows: all sympathies are with the US dollar The New Zealand dollar fell to an annual low, with investors siding with the USD. Find out more in our analysis for 22 November 2024. NZDUSD technical analysis The NZDUSD H4 chart shows that the market is forming a narrow consolidation range around 0.5865 without a clear trend. The price could break below the range today, 22 November 2024, with the downside target set at 0.5810. The NZDUSD pair remains under pressure from sell-offs and now appears very weak. Read more - NZDUSD 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 Quote Link to comment Share on other sites More sharing options...
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