RBFX Support Posted February 20 Author Report Share Posted February 20 (edited) EURUSD forecast: the pair fell to the 1.0400 support level The EURUSD rate corrected towards 1.0400 amid the release of the US Federal Reserve’s January meeting minutes. Find out more in our analysis for 20 February 2025. EURUSD technical analysis On the H4 chart, the EURUSD rate is undergoing a downward correction after rebounding from the 1.0500-1.0530 resistance area. The quotes have found support from buyers at 1.0400 and are now consolidating in the sideways trading range between 1.0200 and 1.0530. The EURUSD pair fell to 1.0400 amid the release of the US Federal Reserve’s January meeting minutes. 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 Edited February 20 by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted February 21 Author Report Share Posted February 21 AUDUSD rose to a ten-week high but the rally is not complete The AUDUSD pair appears overpriced. The market believes the RBA will not lower interest rates rapidly. Discover more in our analysis for 21 February 2025. AUDUSD technical analysis On the H4 chart, the AUDUSD pair still has grounds to climb to 0.6408. If the market secures above this level, the next upside target could be 0.6420. The AUDUSD pair rose and hit a two-month high amid expectations of the RBA keeping relatively high interest rates. 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 February 24 Author Report Share Posted February 24 USDCAD forecast: the pair may continue to rise after consolidation The Bank of Canada Deputy Governor’s speech may drive the USDCAD pair up to 1.4294. Discover more in our analysis for 24 February 2025. USDCAD technical analysis On the H4 chart, the USDCAD price formed a Hammer reversal pattern near the lower Bollinger band. At this stage, it attempts to rise following the signal received. The pair will likely climb to the nearest resistance level at 1.4294 as the price remains within the descending channel. Along with the USDCAD technical analysis, the potential for improvement of US economic indicators suggests growth to 1.4294. Read more - USDCAD 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 February 25 Author Report Share Posted February 25 USDJPY is at a 12-week low: the sell-off is not over yet The USDJPY pair is hovering around 149.70 on Tuesday. The market is expecting another rate hike by the Bank of Japan. Discover more in our analysis for 25 February 2025. USDJPY technical analysis On the H4 chart, the USDJPY pair has grounds to move even lower to 148.83. At the same time, the pair is clearly going beyond the sideways trading channel between 148.83 and 150.95. The USDJPY pair has fallen markedly recently, hovering now at a 12-week low. 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 February 26 Author Report Share Posted February 26 Gold (XAUUSD) prices decline as the market locks in profits Gold (XAUUSD) prices tumbled to 2,915 USD. It is nothing to worry about as the market is simply taking profits. Find more details in our analysis for 26 February 2025. XAUUSD technical analysis On the H4 chart, XAUUSD prices could decline to 2,905 USD. There is an intermediary support level here, which could deter sellers. If the plan does not work out, the new selling target will be 2,887 USD. Gold halted its ascent as the market locked in profits after the previous upward wave. 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 February 27 Author Report Share Posted February 27 USDJPY forecast: the pair is trading near the daily support level at 148.60 The USDJPY rate remains under pressure, falling to the 148.60-149.00 support area. Market participants are awaiting US GDP statistics today. Discover more in our analysis for 27 February 2025. USDJPY technical analysis The USDJPY H4 chart shows a steady downtrend, which is confirmed by the Alligator indicator. The pair is trading in a descending price channel, with the price currently hovering at its lower boundary. The key support level is at 148.60. The USDJPY pair fell to a three-month low in the 148.60-149.00 support area. 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 February 28 Author Report Share Posted February 28 AUDUSD forecast: the Australian dollar continues to lose ground against the USD The US dollar continues to strengthen amid US economic data, with the AUDUSD rate able to decline to 0.6170 in the near term. Discover more in our analysis for 28 February 2025. AUDUSD technical analysis Having tested the upper Bollinger band, the AUDUSD price has formed a Shooting Star reversal pattern on the H4 chart. At this stage, it continues to maintain its downward trajectory following the signal received. Since the quotes remain within the ascending channel, the price could decline to the nearest support level at 0.6170. The Australian dollar continues to fall; the AUDUSD technical analysis suggests a further decline to the 0.6170 support level. 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 Tuesday at 10:50 AM Author Report Share Posted Tuesday at 10:50 AM EURUSD forecast: the pair climbed to 1.0500 after inflation data The EURUSD rate is rising, returning to 1.0500 amid slightly higher inflation in the eurozone in February. Discover more in our EURUSD analysis for 4 March 2025. EURUSD technical analysis On the H4 chart, the EURUSD rate is moderately rising, reaching the 1.0500-1.0530 resistance area. Since the beginning of the year, the price has been consolidating in the sideways trading range between 1.0200 and 1.0530. The direction of the price movement out of the range will determine further prospects for the pair’s moves. The EURUSD pair climbed to 1.0500 amid rising inflation in the eurozone in February. 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 Wednesday at 10:33 AM Author Report Share Posted Wednesday at 10:33 AM GBPUSD continues to rise: the pound is not afraid of trade wars The GBPUSD pair rose to 1.2794 on Wednesday, marking a new three-month high. Discover more in our analysis for 5 March 2025. GBPUSD technical analysis The GBPUSD pair successfully tested the 1.2800 level yesterday. Against this background, the focus shifts to 1.2900. If the market moves higher, we could say that the pair’s movement has turned into a trend and is no longer just a recovery. The GBPUSD pair continues to rise steadily and hits three-month highs, driven by the UK stable and diverse trade turnover and its isolation from the US. 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 Thursday at 10:09 AM Author Report Share Posted Thursday at 10:09 AM Gold (XAUUSD) forecast: quotes consolidated above 2,900 USD XAUUSD prices are on the rise, surpassing the 2,900 USD level amid weaker-than-expected US ADP employment statistics. Find more details in our XAUUSD analysis for today, 6 March 2025. XAUUSD technical analysis On the daily chart, XAUUSD quotes are on a strong rise, reaching the 2,930 USD resistance level. The Alligator indicator is below the price chart and is moving upwards, confirming the bullish trend, with the pair likely to continue its ascent after some correction. XAUUSD quotes are on the rise, having consolidated above 2,900 USD amid the introduction of US trade tariffs and weak ADP data. 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 Friday at 10:57 AM Author Report Share Posted Friday at 10:57 AM USDCAD forecast: the market awaits the Canadian and US employment statistics today The USDCAD rate is undergoing a downward correction, falling to the area around 1.4300. Today, the market will focus on employment statistics from Canada and the US. Discover more in our analysis for 7 March 2025. USDCAD technical analysis On the daily chart, the USDCAD pair is undergoing a correction within the uptrend; it formed an upward reversal from the 1.4150 support level last week. The quotes have now returned to 1.4300, while the Alligator indicator still confirms the uptrend. The USDCAD pair is correcting, plunging to 1.4300. Read more - USDCAD 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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