Market Technical Analysis by RoboForex

[RBFX Support]

USDJPY forms a corrective wave: the market awaits determination from the BoJ

Amid economic data from Japan, the USDJPY rate may form a downward wave towards the 149.30 area before resuming growth. Find out more in our analysis for 26 September 2025.

USDJPY technical analysis

On the H4 chart, the USDJPY pair tested the upper Bollinger Band and formed a Shooting Star reversal pattern while trading around 149.70. At this stage, it may continue its corrective wave following the signal from the pattern. The USDJPY rate broke above the upper boundary of the ascending channel, suggesting that there are solid chances for a pullback to the broken level near 149.30.

Japan’s economic instability is making its mark; against this backdrop, USDJPY technical analysis suggests a correction towards the 149.30 support level before resuming 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

[RBFX Support]

USDCAD corrected towards support at 1.3920

The USDCAD rate fell to the area around 1.3900 amid a possible US government shutdown this week due to suspended funding. Discover more in our analysis for 29 September 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD pair is declining within the current downward correction. The daily trend is still bullish, so the pair may resume growth after the correction is complete.

The USDCAD rate is falling, having reached the 1.3920 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

[RBFX Support]

Head and Shoulders pattern formation threatens EURUSD bulls

The EURUSD rate continues to strengthen amid pressure on the US dollar and growing expectations of further Fed easing. The rate currently stands at 1.1741. Find out more in our analysis for 30 September 2025.

EURUSD technical analysis

While the EURUSD rate remains within an upward channel, the current strengthening is capped by the resistance zone near 1.1745. The chart shows the formation of a Head and Shoulders reversal pattern. Additional pressure on the pair comes from the Stochastic Oscillator signal, where the indicator lines have approached overbought territory and are showing readiness to turn downwards.

Fundamental factors support euro growth; however, technical analysis of EURUSD points to a high risk of a bearish scenario with a breakout below the support level and a decline towards 1.1645.

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