RBFX Support Posted Monday at 08:49 AM Author Report Share Posted Monday at 08:49 AM EURUSD poised for reversal: outcome depends on meeting in Brussels Ahead of the Eurogroup meeting, the EURUSD pair may complete its correction and head towards the 1.1330 resistance level. Discover more in our analysis for 12 May 2025. EURUSD technical analysis On the H4 chart, the EURUSD price has formed a Shooting Star reversal pattern near the upper Bollinger Band. The pair is currently undergoing a downward wave in response to this signal. However, since quotes remain within the ascending channel, they could climb to the nearest resistance level at 1.1330 after the correction. With the Eurogroup meeting as today's main market driver, the outlook for EURUSD appears optimistic. 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 yesterday at 09:06 AM Author Report Share Posted yesterday at 09:06 AM Japan’s economy under pressure, USDJPY poised to surge The downward revision of Japan’s GDP forecast may propel the USDJPY pair towards the 149.50 level. Discover more in our analysis for 13 May 2025. USDJPY technical analysis On the H4 chart, the USDJPY price tested the upper Bollinger Band and formed a Hanging Man reversal pattern, hovering around 147.60. It may now form a corrective wave following the signal from the pattern. Since the price remains within an ascending channel, it could reach 146.80. Coupled with the USDJPY technical analysis, the decline in Japan’s economic data suggests a correction towards 146.80 before growth. 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 3 hours ago Author Report Share Posted 3 hours ago (edited) Gold under pressure: XAUUSD losing ground – is a reversal near? Gold (XAUUSD) continues to retreat. Prices are moving towards the support zone at 3,160 USD. See our full analysis for 14 May 2025. XAUUSD technical analysis On the H4 chart, XAUUSD formed a bearish Engulfing pattern near the upper Bollinger Band. The price is now developing a downward wave within the longer-term upward channel, signalling a short-term correction. The reduction in US-China tariffs has lifted the US dollar, placing short-term pressure on gold. 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 3 hours ago by RBFX Support Quote Link to comment Share on other sites More sharing options...
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