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Market Technical Analysis by RoboForex


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Gold (XAUUSD) rises: the world seeks shelter from risk

Gold (XAUUSD) prices have climbed to 3,310 USD as news flows grow increasingly concerning. Discover more in our analysis for 2 June 2025.

XAUUSD technical analysis

On the H4 chart, Gold (XAUUSD) is setting up for a gradual rise towards 3,332 USD. To maintain this upward momentum, prices must consolidate above that level and receive support from fundamental developments.

xauusd-2025-06-02.thumb.png.e454216c30658deeebd4100e45854661.png

Gold (XAUUSD) prices moved higher as external conditions deteriorated and market participants grew increasingly concerned about capital preservation.

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

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USDJPY rebounds, but downtrend remains dominant

The USDJPY rate is gaining strength following a statement from the Bank of Japan's governor, with the price currently at 142.91. Discover more in our analysis for 3 June 2025.

USDJPY technical analysis

The USDJPY rate continues to move within a descending channel, maintaining potential for further decline. The latest growth attempt stalled at the resistance level of 143.35. Today’s USDJPY forecast suggests a move lower towards 141.35. The Stochastic Oscillator confirms the bearish scenario, with the indicator is bouncing off a descending trendline, signalling ongoing selling pressure.

usdjpy-2025-06-03.thumb.png.e828c4816628e0e74dd449bb2f4d1f78.png

The USDJPY rate has bounced from the support level, yet the risk of further downside remains due to expectations that the Bank of Japan will hold rates steady and the upcoming US jobs 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

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