RBFX Support Posted Monday at 09:33 AM Author Report Posted Monday at 09:33 AM USDCAD under pressure? Investors turning towards CAD After forming a corrective wave, USDCAD quotes may continue their upward movement towards 1.3760. Discover more in our analysis for 28 July 2025. USDCAD technical analysis On the H4 chart, the USDCAD price has formed a Harami reversal pattern near the upper Bollinger Band. The pair is currently forming a corrective wave following the signal from this pattern. Since the quotes remain within the boundaries of the ascending channel, a pullback to the nearest support at 1.3675 is possible. Anticipation of interest rate decisions in both the US and Canada is boosting the Canadian dollar. 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
RBFX Support Posted Tuesday at 11:23 AM Author Report Posted Tuesday at 11:23 AM USDJPY under pressure: Trump’s tariff hike and BoJ decision in focus The USDJPY pair consolidates as markets anticipate monetary decisions and US trade statements, with the price currently at 148.23. Find out more in our analysis for 29 July 2025. USDJPY technical analysis Despite a bearish correction, the USDJPY rate remains within the ascending channel. At this stage, the price could correct further towards the 147.80 support level before resuming its upward momentum. Today’s USDJPY forecast suggests a rebound from the support level and a move towards 149.85. The fundamental outlook for USDJPY remains moderately favourable for the US dollar, increasing the likelihood of a renewed upward momentum following the current correction. 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
RBFX Support Posted 18 hours ago Author Report Posted 18 hours ago GBPUSD at 20 May low: no support from economic data The GBPUSD pair dipped to 1.3357 on Wednesday as weak PMI data and a strong US dollar pressured the pound. Discover more in our analysis for 30 July 2025. GBPUSD technical analysis On the H4 chart, the GBPUSD pair remains under pressure, trading in a downtrend. After failing to consolidate above 1.3589, the pair reversed and reached a local low around 1.3300 by 30 July – its lowest level since the start of the month. The GBPUSD pair has fallen to its lowest since 20 May and appears weak. 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
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