Market Technical Analysis by RoboForex

[RBFX Support]

EURUSD: everything is complicated, dynamics depend on US data

The EURUSD pair is hovering near 1.1660. The market is weighing US GDP data and awaiting the key PCE report. Find more details in our analysis for 29 August 2025.

EURUSD technical analysis

The EURUSD H4 chart shows volatile sideways dynamics. The pair is trading within the 1.1581-1.1742 range, where the lower boundary acts as support and the upper as key resistance. In the middle, the 1.1628 level stands out as an intermediate balance point, repeatedly tested in August.

The EURUSD pair may break out of its sideways range based on US statistics.

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

[RBFX Support]

USDCAD drops to support at 1.3720

The USDCAD rate declined towards the 1.3700 area amid the current weakness of the US dollar. This week’s focus is on US labour market data. Discover more in our analysis for 1 September 2025.

USDCAD technical analysis

The USDCAD H4 chart shows a bearish trend. The Alligator indicator is confidently pointing downwards, confirming the current downtrend. The key support level that could temporarily halt the decline is at the daily level of 1.3720.

The USDCAD rate is falling, testing the 1.3720 support level.

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