RBFX Support Posted March 31 Author Report Share Posted March 31 USDCAD: US business activity on the brink – what lies ahead for the market Weakened business activity in Chicago and Dallas could trigger a fall in the USDCAD rate to 1.4260 following a correction. Discover more in our analysis for 31 March 2025. USDCAD technical analysis On the H4 chart, the USDCAD price formed an Inverted Hammer reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the signal received. Since the price remains within a descending channel, a correction towards the nearest resistance level at 1.4360 is expected. If the price rebounds from this resistance, a downtrend may develop. Weak US economic indicators, combined with USDCAD technical analysis, suggest that the pair may continue its downward trajectory once the correction is complete. 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 April 2 Author Report Share Posted April 2 EURUSD: economic storm on 2 April – what will Lagarde and Trump say, and how will it hit the dollar Speeches by the ECB head and the US President may boost the EURUSD pair to 1.0880. Find out more in our analysis for 2 April 2025. EURUSD technical analysis On the H4 chart, the EURUSD price formed an Engulfing reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the received signal. Since the pair remains within an ascending channel, the price could rise to the nearest resistance at 1.0880. In anticipation of ECB President Lagarde’s speech and Trump’s remarks, combined with the EURUSD technical analysis, the forecast suggests a potential correction followed by growth towards the 1.0880 resistance level. 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 April 3 Author Report Share Posted April 3 Brent crude oil corrects, but downside risks remain Brent prices are rising after bouncing off the 72.25 USD support level. Discover more in our analysis for 3 April 2025. Brent technical analysis Brent prices consolidated below the Moving Averages, indicating the dominance of sellers and increasing the likelihood of a continued downtrend. Prices are currently testing the 73.05 USD resistance level. Today’s Brent forecast suggests a rebound from this level and a move down towards 70.30 USD. Brent quotes are recovering from the decline, but concerns over the global economic outlook and rising US crude inventories continue to weigh on the market. Read more - Brent 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 April 4 Author Report Share Posted April 4 AUDUSD falls along with the rest: external backdrop leaves no options The AUDUSD pair has fallen to 0.6232 as investors avoid risk. Find more details in our analysis for 4 April 2025. AUDUSD technical analysis On the H4 chart, the AUDUSD pair shows potential for a continued decline towards 0.6218, with an intermediate support level at 0.6225. The AUDUSD pair has dropped significantly amid investors’ risk aversion and overall bearish market sentiment. 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 April 7 Author Report Share Posted April 7 USDCAD: monetary policy pivot – one report could change everything for the CAD Following the release of the Bank of Canada's Business Outlook Survey, the USDCAD pair could continue its decline towards the 1.4150 support level. Discover more in our analysis for 7 April 2025. USDCAD technical analysis On the H4 chart, the USDCAD pair has formed a Hammer reversal pattern near the lower Bollinger band. At this stage, it continues to correct following the pattern signal. Since the price remains within the descending channel, a correction to the nearest resistance at 1.4265 is likely. A rebound from this level may open the door for further downside momentum. The upcoming release of the Bank of Canada’s Business Outlook Survey and the CB Employment Trends Index could heighten volatility in the USDCAD pair. 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 April 8 Author Report Share Posted April 8 (edited) Brent crude oil – a pause before further decline? Brent prices corrected to around 65.00 USD after falling to 62.50 USD on Monday. Today, market focus shifts to US crude oil inventory data from API. Discover more in our Brent analysis for 8 April 2025. Brent technical analysis Brent quotes corrected towards the 65.00 USD resistance level after the decline triggered by another escalation of the tariff war. The daily chart shows strong downward momentum. After the current correction, the decline may continue, with a key support level at 62.50 USD. Brent crude recovered to the 65.00 USD area after a sharp drop, but the risk of further decline persists. During the American session, markets will closely monitor API US crude oil stock data. Read more - Brent 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 April 8 by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted April 9 Author Report Share Posted April 9 GBPUSD surges on US economic worries The GBPUSD rate is correcting after rebounding from the 1.2855 resistance level. Find more details in our analysis for 9 April 2025. GBPUSD technical analysis The GBPUSD rate is rising despite persisting pressure from sellers. Today’s GBPUSD forecast suggests a continued upward correction, with the potential to reach 1.2945. The Stochastic Oscillator supports the bullish outlook, rebounding from the ascending support line, indicating buyers may be ready to push further. The GBPUSD rate is strengthening amid trade risks and expectations of Federal Reserve rate cuts. 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 April 10 Author Report Share Posted April 10 Triangle on EURUSD: is the market ready for a breakout to 1.1175? The EURUSD rate is strengthening, with buyers testing the 1.1000 resistance level. Find out more in our analysis for 10 April 2025. EURUSD technical analysis The EURUSD rate is consolidating within a Triangle pattern. Despite yesterday’s decline, the pair remains within an uptrend, as confirmed by the Moving Averages. Today’s EURUSD forecast suggests a bullish breakout above the Triangle’s upper boundary, targeting 1.1175. The fundamental background supports the current EURUSD growth as markets price in Fed rate cuts amid tariff uncertainty and inflation expectations. 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 April 11 Author Report Share Posted April 11 Today is AUDUSD’s moment – sentiment slump does not stop the rally Australia’s PCSI decline and a potential increase in the US PPI may become a trigger for the AUDUSD rate, with quotes likely to continue their ascent to 0.6260 after a correction. Discover more in our analysis for 11 April 2025. AUDUSD technical analysis Having tested the upper Bollinger band, the AUDUSD price has formed a Shooting Star reversal pattern on the H4 chart. It is initiating a corrective wave following the received signal. Given strong gains in recent trading sessions, the pair will likely continue its upward trajectory to the next resistance level at 0.6260. Despite a dip in Australian consumer confidence to 49.30, fundamental drivers, including a potentially stronger US PPI, create a favourable backdrop for the AUDUSD pair. 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 April 14 Author Report Share Posted April 14 USDCAD falls to a 5-month low; will the decline continue? The USDCAD rate slipped below 1.3900, hitting a five-month low amid a pause in US trade tariffs and ongoing US dollar weakness. Discover more in our analysis for 14 April 2025. USDCAD technical analysis On the H4 chart, the USDCAD pair is clearly in a downtrend, currently trading around the 1.3840 support level. The Alligator indicator confirms the bearish trend. However, the Stochastic Oscillator is in a deep oversold area, suggesting a possible upward correction. The USDCAD pair plunged below 1.3900 amid a 90-day tariff pause and the current USD weakness. 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 roddizon1978 1 Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted April 15 Author Report Share Posted April 15 (edited) Trump and Chinese data hold Brent above water — but pressure remains Brent crude is strengthening but remains capped below key resistance at 65.60 USD. Full outlook in our analysis for 15 April 2025. Brent technical analysis Brent continues to consolidate below strong resistance at 65.60 USD. Today’s forecast anticipates a test of this resistance, followed by a possible pullback toward 61.40 USD. Brent prices remain under pressure from the 65.60 USD resistance level, despite temporary support from US trade concessions and stronger crude demand from China. Read more - Brent 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 April 15 by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted April 16 Author Report Share Posted April 16 USD loses ground, traders flock to Gold (XAUUSD) Gold has set a new all-time high amid weak US industrial output. A short-term correction may follow, with a target at the 3,240 USD support level. Discover more in our analysis for 16 April 2025. XAUUSD technical analysis On the H4 chart, XAUUSD prices have formed a Hammer reversal pattern near the middle Bollinger band. The pair is currently building a bullish wave following the pattern signal. Having broken out of the ascending channel, XAUUSD quotes are likely to extend their rally. The decline in US industrial production may weigh on the US dollar, while stronger retail sales highlight improved consumer activity. 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 Thursday at 09:12 AM Author Report Share Posted Thursday at 09:12 AM (edited) USDJPY: correction complete? The yen loses ground under Fed pressure The USDJPY rate has risen to 142.77 after weak Japanese data and hawkish remarks from Jerome Powell. Discover more in our analysis for 17 April 2025. USDJPY technical analysis The USDJPY rate has climbed after rebounding from the lower boundary of a bearish channel. Today’s USDJPY forecast suggests the current recovery could stall near 142.75, followed by bearish momentum and decline towards 140.20. The yen is under pressure from hawkish Fed signals and weak Japanese export data. 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 Edited Thursday at 09:16 AM by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Friday at 07:46 AM Author Report Share Posted Friday at 07:46 AM AUDUSD eyes breakout — yearly high under pressure AUDUSD is trading near its yearly high at 0.6408, continuing a strong uptrend. Further gains are likely. Full analysis for 18 April 2025 below. AUDUSD technical analysis AUDUSD is advancing within a clear bullish trend and is currently trading just below 0.6400. The Alligator indicator confirms the strength of the upward impulse. AUDUSD remains firmly in an uptrend, supported by USD weakness and strong commodity prices. 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 08:32 AM Author Report Share Posted yesterday at 08:32 AM Fed under fire — USDCAD tumbles amid policy chaos USDCAD is falling sharply, with the pair trading at 1.3791. Full breakdown in our forecast for 21 April 2025. USDCAD technical analysis USDCAD is breaking lower after falling through the 1.3825 support level. Today’s outlook anticipates a short-lived corrective pullback toward the upper boundary of the descending channel, followed by a move down toward 1.3735. The outlook for USDCAD remains bearish as political instability in the US and tariff uncertainty continue to erode confidence in the 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted 9 hours ago Author Report Share Posted 9 hours ago Gold (XAUUSD) in focus, Harker’s speech could trigger a golden wave An upcoming speech by a FOMC member may boost XAUUSD quotes further to 3,555 USD. Discover more in our analysis for 22 April 2025. XAUUSD technical analysis On the H4 chart, XAUUSD prices have formed a Hammer reversal pattern near the middle Bollinger band. The price is now building a bullish wave in response to that signal. The uptrend will likely continue as XAUUSD quotes have broken above the ascending channel. The immediate upside target could be the 3,555 USD resistance level. Amid the FOMC member’s speech, today’s outlook for XAUUSD remains bullish, with technical analysis suggesting continued upward momentum after a minor correction. 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...
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