Market Technical Analysis by RoboForex

AUDUSD at a 16-month high: the rally is not stopping yet

The AUDUSD pair rose to 0.6836, with the Aussie supported by solid domestic data. Discover more in our analysis for 23 January 2026.

AUDUSD technical analysis

The AUDUSD H4 chart shows a pronounced upward momentum. After an extended consolidation in the 0.6670–0.6720 range, the pair began to accelerate upwards in the second half of the week. Buyers are consistently reaching new local highs, while the price structure is forming a sequence of higher lows and higher highs.

The AUDUSD pair continues to rise and shows no signs of slowing.

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

Oil, BoC, and US tariffs: a perfect storm for a USDCAD decline

The Canadian dollar continues to strengthen, with the USDCAD rate testing the 1.3690 level. Discover more in our analysis for 26 January 2026.

USDCAD technical analysis

On the H4 chart, the USDCAD pair formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, it may develop a corrective wave following the signal. Since prices remain within a descending channel, a pullback towards the nearest resistance at 1.3710 can be expected.

The Canadian dollar continues to strengthen amid expectations of the BoC interest rate decision.

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 oil under pressure as Double Top forms

Brent crude prices are declining due to a combination of technical signals and weakening fundamental support factors. The current price is 64.48 USD. Find more details in our analysis for 27 January 2026.

Brent technical analysis

Brent prices are undergoing a correction after rebounding from the upper boundary of the Double Top reversal pattern. At the same time, prices remain above the EMA-65, indicating the continued presence of buyers and holding back a sharp decline.

Brent remains under pressure after failing to consolidate above 65.35 USD.

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 loses ground amid US dollar weakness

The USDJPY pair is correcting after a sharp decline amid the strengthening of the Japanese yen, driven by fundamental factors. The rate currently stands at 152.65. Find out more in our analysis for 28 January 2026.

USDJPY technical analysis

USDJPY quotes are undergoing a moderate correction within a formed descending channel. Sellers are confidently holding the price below the EMA-65, indicating lingering medium-term bearish pressure.

The current USDJPY correction reflects a combination of strengthening fundamental support.

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

EURUSD strengthens after holding key support at 1.1905

The EURUSD pair is forming a recovery move after a correction amid US dollar weakness and dovish signals from the Fed, with the rate currently at 1.1984. Find out more in our analysis for 29 January 2026.

EURUSD technical analysis

EURUSD quotes have consolidated above the EMA-65 after a deep correction, indicating an attempt by buyers to regain ground. However, the pair remains within a correction channel, which limits the development of a sustained bullish momentum.

Dovish Fed rhetoric and political signals from the White House create fundamental conditions for continued pressure on the USD and support the upside potential of the EURUSD pair

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

Profit-taking in XAUUSD after reaching record highs

XAUUSD prices remain highly volatile amid a corrective decline, currently trading at 5,165 USD. Discover more in our analysis for 30 January 2026.

XAUUSD technical analysis

XAUUSD quotes continue their corrective move, but the market is holding above the key support levelat 5,105 USD. This area coincides with the lower boundary of the ascending channel, indicating sustained buying pressure and solid underlying demand.

The current decline in XAUUSD is corrective.

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

Bank of Japan intervention is no joke: USDJPY continues to decline

Positive fundamental data from Japan continues to support the yen, with USDJPY quotes trading around the 154.70 level. Discover more in our analysis for 2 February 2026.

USDJPY technical analysis

On the H4 chart, the USDJPY pair formed a Shooting Star reversal pattern near the upper Bollinger Band and is trading around 154.80. At this stage, the pair may continue its downward movement as the pattern plays out, with the downside target at 153.00.

The yen continues to strengthen amid rumours of intervention.

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

China, OPEC+, and hotspots: will this be enough for Brent to rise?

Brent prices are once again attempting to recover, trading around 65.70 USD. Discover more in our analysis for 3 February 2026.

Brent technical analysis

Having tested the lower Bollinger Band, Brent prices formed a Hammer reversal pattern on the H4 chart. The market may now begin to follow this signal by developing an upward wave.

Oil prices continue to depend on geopolitical risks and the situation in the Middle East.

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 is neutral as the market awaits Bank of England data

The GBPUSD pair remains stable near 1.3700. The calm news background allows the market to wait for new signals. Discover more in our analysis for 4 February 2026.

GBPUSD technical analysis

On the GBPUSD H4 chart, after prolonged sideways movement in the first half of January, the pair entered a phase of sharp impulsive growth. The breakout above the upper boundary of the range was accompanied by an expansion of Bollinger Bands and accelerated upward movement, indicating buyer dominance.

The GBPUSD pair is rising modestly amid a quiet calendar and ahead of the upcoming Bank of England meeting.

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

XAUUSD under pressure after Fed signals

XAUUSD prices are declining amid a clash between the Fed’s hawkish rhetoric and signs of weakening in the US labour market. The current quote stands at 4,926 USD. Find more details in our analysis for 5 February 2026

XAUUSD technical analysis

XAUUSD quotes are rising after rebounding confidently from the lower boundary of the bullish Wolfe Wave pattern. The current pattern structure indicates that directional upward momentum is forming, aiming for the pattern’s upper boundary. The XAUUSD forecast for today suggests the completion of the correction phase and continued growth towards the target of 5,115.

Technical analysis of XAUUSD indicates the formation of upward momentum after a rebound from the lower boundary of the bullish Wolfe Wave pattern.

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

AUDUSD at the start of a rally: buyers are pushing prices higher

The AUDUSD pair is gaining upward momentum after rebounding from the key support level, with the price currently at 0.6956. Discover more in our analysis for 6 February 2026.

AUDUSD technical analysis

The AUDUSD pair is rising after a confident rebound from the 0.6905 support level. Buyers have consolidated above the EMA-65, indicating strengthening bullish pressure and continued upward momentum.

The combination of support from the RBA and the holding of the key 0.6905 level.

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 is falling: what factors could strengthen the CAD

Increased volatility in oil prices impacts the USDCAD rate significantly, with quotes testing the 1.3640 level. Discover more in our analysis for 9 February 2026.

USDCAD technical analysis

On the H4 chart, the USDCAD pair has formed a Shooting Star reversal pattern near the upper Bollinger Band and may continue its downward movement following the pattern’s signal. Since prices remain within the descending channel, a decline towards the nearest support level at 1.3570 can be expected.

Risk factors for further USDCAD growth include a potential decline in global risk appetite and sharp fluctuations in oil prices, which may add to pressure on the currency pair.

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

BoJ intervention rumours push USDJPY lower

The USD continues to lose ground against the yen, with quotes testing the 156.70 level. Discover more in our analysis for 10 February 2026.

USDJPY technical analysis

On the H4 chart, the USDJPY pair formed an Engulfing reversal pattern near the upper Bollinger Band and is trading around the 155.40 level. At this stage, the price may continue its downward wave following the pattern’s signal, with the downside target at 154.50.

The yen continues to strengthen against the USD, with technical analysis of USDJPY suggesting a decline towards the 154.50 support level.

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

The pound gains strength: will GBPUSD withstand the impact of US employment data

Ahead of US employment statistics, the GBPUSD pair is forming an upward wave, with quotes testing the 1.3660 level. Discover more in our analysis for 11 February 2026.

GBPUSD technical analysis

Having tested the lower Bollinger Band, the GBPUSD pair formed a Hammer reversal pattern on the H4 chart and may continue its upward movement following the pattern’s signal. The current upside target stands at 1.3770. A breakout above this resistance will open the door for continued upward momentum.

Amid expectations of US employment statistics, the pound continues to strengthen.

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

Brent forms a reversal at key resistance

Brent quotes are showing signs of a reversal amid technical signals and negative US oil inventory data, currently trading at 69.08 USD. Find more details in our analysis for 12 February 2026.

Brent technical analysis

Brent quotes are correcting within a developing Wedge reversal pattern. Although prices remain above the EMA-65, the risks of further downside movement remain high.

The technical and fundamental outlook for Brent highlights reversal risks amid a Double Top pattern.

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

Gold (XAUUSD) fell sharply without a clear trigger: the week may close in negative territory

Gold (XAUUSD) prices returned to 4,960 USD after yesterday’s sharp drop. Markets appear to need liquidity again. Find more details in our analysis for 13 February 2026.

XAUUSD technical analysis

After January’s surge towards 5,500+, gold (XAUUSD) entered a phase of sharp correction and high volatility. The decline was accompanied by widening Bollinger Bands and long candlestick wicks, reflecting active position redistribution.

Gold has recovered after yesterday’s sell-off, although risks remain.

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

Easing US inflation expectations fuel EURUSD growth

The EURUSD rate is strengthening amid slower US inflation, which has reinforced expectations of Federal Reserve policy easing. The current quote is 1.1865. Discover more in our analysis for 16 February 2026.

EURUSD technical analysis

EURUSD quotes are rebounding from the lower boundary of the ascending channel. Buyers are holding the price above the key 1.1845 support level. The pair continues to trade within a range, with the upper boundary near 1.1890.

Technical analysis of EURUSD indicates potential growth towards 1.1985 if the price firmly consolidates above 1.1895.

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

USDJPY: everything is complex and dynamic

The USDJPY pair dipped to 153.20, with the market monitoring monetary policy and incoming data. Find out more in our analysis for 17 February 2026.

USDJPY technical analysis

On the H4 chart, the USDJPY pair is trading around 153.20 after a sharp decline from 157.50–158.00. The chart clearly shows a shift in momentum: after a failed attempt to consolidate above 157.50, an accelerated sell-off began, with the price breaking below the middle line of Bollinger Bands.

The USDJPY pair maintains a moderately bearish sentiment.

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

Gold awaits FOMC: Fed minutes may reshape XAUUSD trajectory

After a corrective pullback, XAUUSD prices are attempting to recover lost ground, currently trading at 4,930 USD. Find more details in our analysis for 18 February 2026.

Technical outlook

On the H4 chart, XAUUSD prices formed a Harami reversal pattern near the lower Bollinger Band and may continue an upward wave in line with the pattern’s signal. Since XAUUSD quotes remain within the ascending channel, the upside target could be 5,100 USD.

The release of the FOMC minutes may significantly impact XAUUSD performance and trigger increased volatility.

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 prices on the verge of records: decline in US oil inventories could trigger surge

Economic data and a decline in US oil inventories support Brent quotes, which have reached 70.00 USD per barrel. Find out more in our analysis for 19 February 2026.

Technical outlook

On the H4 chart, Brent quotes formed a Hammer reversal pattern after testing the lower Bollinger Band. At this stage, they continue to develop an upward wave in line with the pattern signal.

Amid expectations of US oil inventory data, Brent quotes continue to strengthen.

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