RBFX Support Posted December 17, 2024 Author Share Posted December 17, 2024 EURUSD awaits news: no one takes risks ahead of the Fed meeting The EURUSD pair remains stable at around 1.0510 on Tuesday. The market seeks signals from the Federal Reserve. Find out more in our analysis for 17 December 2024. EURUSD technical analysis The EURUSD H4 chart shows the market has completed a corrective structure, reaching 1.0533. Today, 17 December 2024, a new downward wave may develop, aiming for 1.0420. The EURUSD pair shows little movement ahead of the Federal Reserve meeting. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted December 18, 2024 Author Share Posted December 18, 2024 GBPUSD declines ahead of the Fed’s interest rate decision The GBPUSD rate has corrected towards 1.2700 today after reaching a weekly high of 1.2730, with market participants anticipating the outcome of the US Federal Reserve meeting. Discover more in our analysis for 18 December 2024. GBPUSD technical analysis On the H4 chart, the GBPUSD pair shows local upward momentum after bouncing from the 1.2615 support level on Monday. The alligator indicator signals growth. The GBPUSD pair is moderately correcting downwards after reaching a local weekly high of 1.2730. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted December 20, 2024 Author Share Posted December 20, 2024 Gold (XAUUSD): the asset is consolidating ahead of a rise A potential rise in US inflation expectations offers hope for Gold to climb to 2,648. Discover more in our analysis for 20 December 2024. XAUUSD technical analysis On the XAUUSD H4 chart, prices formed a hammer reversal pattern after testing the Bollinger band’s lower line. They continue their ascent at this stage, following a reversal pattern signal. This trend could develop further since the quotes are moving within an ascending channel. Possible US inflation growth, combined with XAUUSD technical analysis, suggests that prices could rise to 2,648 USD after a 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted December 23, 2024 Author Share Posted December 23, 2024 EURUSD: the pair continues to correct after a decline The EURUSD pair may continue its corrective wave towards 1.0464, influenced by US economic indicators. Find out more in our analysis for 23 December 2024. EURUSD technical analysis The price formed a harami reversal pattern on the EURUSD H4 chart after testing the Bollinger lower band. It continues its upward movement following the reversal pattern signal at this stage. A corrective wave is expected to develop since the quotes remain within the descending channel. Coupled with technical EURUSD analysis for 23 December 2024, weak US economic indicators suggest that the EURUSD pair could continue to correct before resuming its decline. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted December 24, 2024 Author Share Posted December 24, 2024 XAUUSD: Gold continues to strengthen after completing a correction Gold (XAUUSD) continues to strengthen amid limited news coverage, with a potential growth target of 2,650. Find out more in our XAUUSD analysis for today, 24 December 2024. XAUUSD technical analysis Having tested the middle Bollinger band, the price formed a harami reversal pattern on the XAUUSD H4 chart. It continues its upward movement, validating the signal from the reversal pattern. This trend will likely persist as the quotes remain within the ascending channel after a pullback. Together with the technical analysis of XAUUSD, the expectation of a pre-New Year rally supports a scenario of growth towards the 2,650 USD level. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted December 27, 2024 Author Share Posted December 27, 2024 EURUSD under pressure: the US labour market remains resilient The EURUSD rate declined after rising in the last trading session, with its current price at 1.0411. More details in our analysis for 27 December 2024. EURUSD technical analysis The EURUSD quotes are declining after rebounding from the EMA-45, which remains a floating resistance level for market participants. According to today’s EURUSD forecast, the price is expected to test the upper boundary of a descending channel at 1.0430 before dropping to the 1.0385 support level. The EURUSD rate remains under pressure due to a stronger US dollar position caused by the Federal Reserve’s hawkish statements and uncertainty about interest rate cuts next year. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 9 Author Share Posted January 9 EURUSD remains weak as pressure from the US dollar persists The EURUSD pair is trading near 1.0307 and appears weak. The Federal Reserve’s hawkish stance and Trump’s tariff wars keep the market tense. Find out more in our analysis for 9 January 2025. EURUSD technical analysis A negative scenario persists on the EURUSD H4 chart, suggesting a decline towards the trendline at 1.0269, following a break below an intermediate support level at 1.0282. The EURUSD pair continues to tumble as the market struggles to resist pressure from the US dollar. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 10 Author Share Posted January 10 The AUDUSD pair is consolidating around the 0.6200 support level The AUDUSD pair continues to trade near the 0.6200 support level, moving within a downtrend. Today, market participants are awaiting US labour market statistics. More details in our analysis for 10 January 2025. AUDUSD technical analysis On the H4 chart, the AUDUSD pair continues to trade within the downtrend. The Alligator indicator is above the price chart and is directed downwards, supporting the current trend. The quotes are consolidating near the key support area between 0.6170 and 0.6200. US labour market statistics could further drive the pair’s price movements. The AUDUSD pair continues to trade within the downtrend near the key support area between 0.6170 and 0.6200 USD. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 13 Author Share Posted January 13 Gold (XAUUSD) is rising amid demand: the market needs safe-haven assets Gold prices start the week at around 2,690 USD. Rising global risks are prompting investors to seek protection. Find out more in our analysis for 13 January 2025. GBPUSD technical analysis On the H4 chart, the primary near-term target for Gold (XAUUSD) is 2,700 USD. This level could be achieved if prices consolidate above 2,693 USD, with a further growth target set at 2,710 USD. Gold prices may continue to rise as demand for safe-haven assets strengthens. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 14 Author Share Posted January 14 Brent suspends growth: this is a pause ahead of new purchases Brent crude oil is stable at around 80.70 USD. The market is assessing demand and the impact of sanctions. Find out more in our analysis for 14 January 2025. Brent technical analysis Following steady growth, a local correction is developing on the Brent H4 chart. The Brent price forecast shows that its target is 79.00-79.15 USD. Once the overbought condition is realised, the market could see a buying impulse, with a retest of 81.02 USD as the first target. Brent rose to a three-month high and stabilised: investors need time to assess key drivers. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 15 Author Share Posted January 15 USDJPY: expectations for a BoJ rate hike support the yen The USDJPY rate is falling, with bears poised to test the 156.85 support level. More details in our analysis for 15 January 2025. USDJPY technical analysis The USDJPY quotes are declining, forming a Wedge reversal pattern. Today’s USDJPY forecast suggests that the price could attempt to test the 158.45 resistance level before falling to 154.35. A bearish divergence on the Stochastic Oscillator provides an additional signal for a downward movement. The USDJPY rate is declining, driven by expectations for a BoJ interest rate hike, which supports the yen’s strengthening. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 16 Author Share Posted January 16 Brent consolidated above 81.00 USD Brent continues to rise steadily, with quotes surpassing the 81.00 USD level yesterday. More details in our analysis for 16 January 2025. Brent technical analysis After surging on Wednesday, Brent quotes are consolidating slightly above 81.00 USD today. The asset is trading in a strong uptrend on the daily chart, with the Alligator indicator below the price chart and directed upwards, confirming the asset’s current strengthening trend. Brent prices rose above 81.00 USD amid slowing inflation and reduced US crude oil reserves. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 17 Author Share Posted January 17 EURUSD: the pair could rise above the 1.0350 resistance level The EURUSD rate is experiencing an upward correction within a downtrend. The bulls failed to overcome the 1.0350 resistance level on their first attempt. More details in our analysis for 17 January 2025. EURUSD technical analysis On the H4 chart, the EURUSD pair is experiencing an upward correction after forming a local trough in the 1.0177-1.0200 support area. On Wednesday, the bulls attempted to overcome resistance at 1.0350 but encountered significant selling pressure and retraced, with the price currently consolidating slightly below 1.0300. The EURUSD pair failed to surpass the 1.0350 resistance level within its upward correction. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted January 21 Author Share Posted January 21 EURUSD rose and paused: trade tariffs are still a key concern The EURUSD quotes are hovering near 1.0391 on Tuesday. Trump’s first day in office has been eventful. Find out more in our analysis for 21 January 2025. EURUSD technical analysis The main near-term scenario on the EURUSD H4 chart suggests growth to 1.0433. It is worth monitoring the 1.0349-1.0377 channel. If the pair remains above its upper boundary, the likelihood of further price rises will increase. The EURUSD pair has rebounded following a local improvement in risk sentiment in capital markets. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted Wednesday at 09:10 AM Author Share Posted Wednesday at 09:10 AM GBPUSD: the pair reversed upwards, securing above 1.2300 The GBPUSD rate has established a local low on the price chart and is rising within an upward correction this week. Find out more in our analysis for 22 January 2025. GBPUSD technical analysis On the H4 chart, the GBPUSD pair is experiencing an upward correction after rebounding from the 1.2100-1.2140 support area, with the Alligator indicator pointing to growth. The daily trend remains downward, suggesting the price could continue to decline once the current correction is complete. The GBPUSD pair has risen above 1.2300 within the current upward correction. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted Thursday at 09:57 AM Author Share Posted Thursday at 09:57 AM Gold (XAUUSD) will continue to rise after a minor correction Gold (XAUUSD) is hovering near 2,752 USD per troy ounce, supported by demand for safe-haven assets and the relative neutrality of the US dollar. Discover more in our analysis for 23 January 2025. XAUUSD technical analysis On the Gold (XAUUSD) H4 chart, conditions indicate a potential corrective decline to 2,740 USD. If prices reach this level, the next selling target may be 2,724 USD. The Gold (XAUUSD) forecast for 23 January 2025 suggests that the first support level will likely be sufficient to trigger a correction. Gold (XAUUSD) prices have temporarily paused their upward trajectory, but the global outlook remains positive. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted Friday at 10:48 AM Author Share Posted Friday at 10:48 AM AUDUSD is at a five-week high supported by positive US and Chinese data The AUDUSD pair rose to 0.6314 on Friday. Investors are keeping an eye on the issue of US tariffs on China. Discover more in our analysis for 24 January 2025. AUDUSD technical analysis On the AUDUSD H4 chart, quotes still have an opportunity to consolidate above 0.6323. In this case, a new growth target will be the area between 0.6325 and 0.6350. The AUDUSD pair has markedly strengthened. 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 Link to comment Share on other sites More sharing options...
RBFX Support Posted 8 hours ago Author Share Posted 8 hours ago USDCAD: the Canadian dollar loses ground against the USD again Lower wholesale sales in Canada and positive US fundamental data may propel the USDCAD pair further to 1.4440. More details in our analysis for 27 January 2025. USDCAD technical analysis On the H4 chat, the USDCAD price formed an Inverted Hammer reversal pattern near the lower Bollinger band. At this stage, it continues developing a growth wave following the signal received. Since the quotes remain within an ascending channel, the upward wave is expected to continue to the nearest resistance level at 1.4440. A breakout above this level would open the potential for a more substantial uptrend. Alongside the USDCAD technical analysis, low fundamental indicators from Canada suggest growth to the 1.4440 resistance 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 Link to comment Share on other sites More sharing options...
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