Market Technical Analysis by RoboForex

GBPUSD surges higher

The GBPUSD rate jumped above 1.3600 as the US dollar weakened amid the ceasefire in the Middle East. Discover more in our analysis for 25 June 2025.

GBPUSD technical analysis

On the H4 chart, the GBPUSD pair maintains its strong upward trajectory, climbing into a three-year high region. The Alligator indicator is pointing upwards, confirming bullish momentum. The key trend support lies at 1.3370.

The GBPUSD pair rose above 1.3600 amid easing geopolitical tensions in the Middle East.

Read more - GBPUSD Forecast

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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.

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The RoboForex Team

Gold (XAUUSD) rebounds from support at 3,300 USD

Gold (XAUUSD) prices rose to the 3,340 USD area, although the pullback may resume as Middle East negotiations begin. Find out more in our analysis for 26 June 2025.

XAUUSD technical analysis

XAUUSD quotes are undergoing an upward correction after rebounding from the daily support level at 3,300 USD. The Alligator indicator is rising, confirming the current bullish momentum. However, once the correction ends, the precious metal could resume its downward trajectory.

Gold is undergoing an upward correction amid the current US dollar weakness.

Read more - Gold Forecast

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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

AUDUSD reversed downwards: 90% of traders expect an RBA rate cut

The AUDUSD rate is declining after four consecutive days of growth amid expectations of an RBA rate cut. Current quote – 0.6540. Details – in our analysis for 27 June 2025.

AUDUSD technical analysis

The AUDUSD rate is correcting after rebounding from the upper boundary of the Broadening Triangle pattern. The current price chart structure indicates the completion of the upward impulse and the formation of a bearish correction.

The AUDUSD rate came under pressure due to expectations of an RBA rate cut and US dollar strengthening amid easing geopolitical risks.

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

Bears increase pressure on USDJPY: 143.75 support under threat of breakout

USDJPY is correcting near a key support level. Current quote – 144.16. Details – in our analysis for 30 June 2025.

USDJPY technical analysis

USDJPY continues to decline within a short-term downtrend channel. After breaking the support level at 144.55, the quotes consolidated below the 65-period Moving Average, which increases bearish pressure on the pair. The quotes are trading near the support level at 143.75, with selling pressure persisting.

Fundamental factors increase pressure on USDJPY.

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

Brent declines: oil oversupply pressures prices

Brent price retreated to 66.50 USD per barrel. The market is pondering what OPEC+ will do next. Details – in our analysis for 1 July 2025.

Brent technical analysis

On the H4 chart for Brent, stabilisation in a sideways corridor is visible. This became possible after the sharp fall from 77.82 USD to the minimum of 65.77. A narrow range of 65.77–67.78 has formed on the chart, where the price has remained for several consecutive sessions.

Brent oil has entered a fairly narrow price range and clearly needs an impulse.

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

The Fed keeps the US dollar under pressure – EURUSD heads for new highs

The EURUSD rate is slightly declining, while the US dollar remains under pressure due to the Fed's stance. Current quote – 1.1796. Details – in our analysis for 2 July 2025.

EURUSD technical analysis

The EURUSD rate is declining after rebounding from the upper boundary of the bullish channel. Despite the pressure from bears, the upward momentum remains, with quotes staying above the 65-period Moving Average. The EURUSD forecast for today indicates a high probability of further growth towards 1.1915, especially after a potential bounce from the lower boundary of the short-term upward channel.

Pressure on the US dollar remains despite the increase in job openings in the US, confirming the continuing impact of the Fed’s dovish policy.

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

Financial storm: XAUUSD back on the rise

The increase in initial jobless claims in the US may trigger a rise in XAUUSD quotes towards the 3,400 USD mark. Details – in our analysis for 3 July 2025.

XAUUSD technical analysis

On the H4 chart, XAUUSD formed a reversal Hammer pattern near the lower Bollinger Band. At this stage, it is forming an upward wave within the pattern's signal realisation. Considering that XAUUSD quotes remain within the ascending channel, further development of the upward trend can be expected.

Against the backdrop of weakening US economic indicators, XAUUSD technical analysis suggests that quotes will rise towards the 3,400 USD mark after the correction is completed.

Read more - Gold Forecast

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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

Record Japanese spending pressures the dollar: USDJPY prepares to fall

Amid Japan’s economic data, the USDJPY rate may form a downward wave towards 143.30. Details – in our analysis for 4 July 2025.

USDJPY technical analysis

On the H4 chart, USDJPY, after testing the upper Bollinger Band, formed a Hanging Man reversal pattern and is now near 144.30. At this stage, it continues its downward wave in line with the pattern signal. USDJPY quotes remain within a descending channel, and based on this, it can be assumed that they have every chance of reaching support at 143.30.

Against the backdrop of rising Japanese household spending, the USDJPY forecast looks optimistic for the yen. USDJPY technical analysis suggests a decline towards 143.30.

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

USDCAD: the pair reversed upwards, will growth continue?

USDCAD reversed upwards and consolidated above 1.3600 amid weak Canadian economic data published last week. Details – in our analysis for 7 July 2025.

USDCAD technical analysis

On the H4 chart, USDCAD quotes show an upward correction within a downtrend. Quotes rebounded from daily support at 1.3557 and formed a reversal upwards. In the near term, there is a high probability of the upward correction continuing.

USDCAD quotes reversed upwards and rose to an area above 1.3600.

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

Brent near two-week high: OPEC+ decisions eased Red Sea events

Brent price on Tuesday remains around 68.80 USD per barrel. News from Yemen balanced out market pressure. Details – in our analysis for 8 July 2025.

Brent technical analysis

On the H4 chart for Brent, a recovery is visible after the sharp fall between 21–24 June. After the collapse, quotes stabilised within a sideways range with a lower boundary near 65.74 and an upper at 67.78.

Brent crude oil keeps its eye on the two-week high and remains close by.

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

EURUSD: the pair soared above 1.1700 ahead of the FOMC minutes

EURUSD rate is rising, climbing above 1.1700 amid expectations of the FOMC minutes publication, which may hint at an imminent rate cut. Details – in our analysis for 9 July 2025.

EURUSD technical analysis

On the H4 chart, EURUSD quotes show a local upward reversal, rising above the 1.1700 mark. The daily trend for the pair is upward, confirmed by the rising Alligator indicator. It is possible that the downward correction is already ending, and a new upward impulse may follow.

EURUSD quotes are moderately rising, climbing above the 1.1700 mark on information about possible agreements on reducing trade tariffs between the US and the EU.

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

AUDUSD: the pair has updated its yearly high

AUDUSD is rising, setting a new yearly high today at 1.6595. Details – in our analysis for 11 July 2025.

AUDUSD technical analysis

AUDUSD is showing confident growth within its upward trend, currently trading near 0.6590. The Alligator indicator confirms the bullish price movement momentum. Key resistance is at the yearly high of 0.6595.

AUDUSD set a new yearly high at 1.6595.

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

Gold (XAUUSD) dropped to the 3,350 USD area, but the rally may continue

While gold (XAUUSD) prices declined to the 3,350 USD area amid a downward correction, the trend remains bullish, and growth may resume. Find out more in our analysis for 14 July 2025.

XAUUSD technical analysis

XAUUSD quotes are undergoing a downward correction, falling to the 3,350 USD support level. Last week, gold reversed to the upside, breaking out of the downward price channel. After the correction is complete, the upward movement could resume.

Gold has pulled back to the 3,350 USD support level amid a downward 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

Brent hovers at key support – market awaits a reversal

Brent quotes remain under pressure due to fears of a global economic slowdown, currently standing at 68.43 USD. Discover more in our analysis for 15 July 2025.

Brent technical analysis

Brent quotes remain within the ascending channel despite a local decline. Prices have fallen to the channel’s lower boundary near the 68.25 USD support level.

Reduced drilling capacity in the US and potential underinvestment in the sector provide long-term support for oil prices

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

USDJPY jumps above 149.00 on US inflation data

The USDJPY rate climbed into the 149.00 area as the dollar strengthened moderately after the release of US consumer inflation statistics. Find out more in our analysis for 16 July 2025.

USDJPY technical analysis

On the H4 chart, the USDJPY pair continues to climb confidently, hitting an intraday high at 149.18. The Alligator indicator is trending upwards, confirming the current bullish momentum. However, the Stochastic indicator signals overbought conditions, which may trigger a corrective pullback.

The USDJPY pair climbed to the 149.00 area during the ongoing uptrend.

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

Fundamental storm, waiting for EURUSD reaction

Amid strengthening USD, the EURUSD pair may decline towards 1.1555. Discover more in our analysis for 17 July 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD pair formed a Harami reversal pattern near the lower Bollinger Band. At this stage, the pair may continue its corrective wave in response to this signal. Given that the price remains within a descending channel, a further decline towards the nearest support at 1.1555 can be expected.

Today’s EURUSD forecast favours the USD. Combined with EURUSD technical analysis, stronger US economic indicators suggest a likely decline towards the 1.1555 support level after a corrective move.

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

AUDUSD rises, but closes the week under pressure

The AUDUSD pair climbed to 0.6505. A sharp rally in iron ore prices has become a key support factor. Discover more in our analysis for 18 July 2025.

AUDUSD technical analysis

On the H4 chart, the AUDUSD pair is testing local resistance at 0.6510. The upward move began from the 0.6453 low, where the price found support after a sell-off.

The AUDUSD pair has stabilised and may resume gains if the market focuses on supportive factors.

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

USDCAD in a Triangle – a breakout below 1.3665 could open the way to new lows

The USDCAD rate remains under bearish pressure amid expectations of a Federal Reserve rate cut, currently standing at 1.3717. Discover more in our analysis for 21 July 2025.

USDCAD technical analysis

The USDCAD rate remains within a descending channel, with quotes consolidating below the 1.3755 resistance level, suggesting ongoing bearish pressure. Today’s USDCAD forecast points to a potential decline towards the lower boundary of the Triangle pattern, targeting the 1.3605 area.

Despite short-term support for the US dollar, expectations of a Fed rate cut increase the risk of further weakening in the medium term.

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

Brent prices on the edge: OPEC+ floods the market

Brent quotes may regain ground and test the resistance level around the 70.70 USD mark. Discover more in our analysis for 22 July 2025.

Brent technical analysis

On the H4 chart, Brent prices tested the lower Bollinger Band and formed a Hammer reversal pattern. Having partially fulfilled the signal, quotes are now undergoing a correction. The Brent price forecast for 22 July 2025 suggests a growth target at 70.70 USD. A breakout above the resistance level would open the door to a stronger upward wave.

Brent prices are testing the lower boundary of the ascending channel and may be gearing up for another bullish wave amid geopolitical tensions.

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

GBPUSD: the pair surged above 1.3500

The GBPUSD rate climbed above 1.3500, as markets anticipate the signing of a free trade agreement between the UK and India. Full details in our analysis for 23 July 2025.

GBPUSD technical analysis

On the H4 chart, GBPUSD shows a clear upward momentum, having bounced from daily support at 1.3370. The Alligator indicator is pointing upwards and rising steadily, suggesting the uptrend may continue.

GBPUSD confidently rose above 1.3500.

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