Market Technical Analysis by RoboForex

Panic in the AUDUSD market: the dollar dominates, while the Aussie holds on to hopes

The Australian dollar continues to lose ground amid geopolitical conflicts and rising energy prices. At the moment, the price is testing the 0.7160 level. Find out more in our analysis for 15 May 2026.

Technical outlook

On the H4 chart, the AUDUSD pair formed a Hanging Man reversal pattern near the upper Bollinger Band. At this stage, quotes remain within an ascending channel and could continue the corrective wave following the signal from the pattern.

Rising inflation in the US is prompting the Federal Reserve to tighten monetary policy to strengthen the 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

Time is working against the market: USDCAD is ready for a decisive move

Against the backdrop of escalating geopolitical tension, USDCAD is in a difficult position. The current quote is 1.3735. More details are in our analysis for 18 May 2026.

Technical outlook

On the H4 chart, the USDCAD price formed a Harami reversal pattern near the upper Bollinger Band. At this stage, it may continue the corrective wave as part of the received signal. Since quotes remain within the boundaries of an upward channel, a pullback to the nearest support at 1.3690 can be expected.

The escalation of the conflict in the Middle East is exerting a dual impact on USDCAD.

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

XAUUSD is correcting after rebounding from the 4,505 USD support level

XAUUSD quotes are falling amid the escalating conflict in the Middle East, rising oil prices, and increased inflation risks. Quotes currently stand at 4,548 USD. Discover more in our analysis for 19 May 2026.

Technical outlook

XAUUSD quotes are declining after rebounding from the EMA-65, indicating continued downward momentum and control by the bears. The XAUUSD forecast for today suggests a minor bullish correction and a continued decline towards 4,395 USD.

XAUUSD quotes remain highly sensitive to developments in the Middle East conflict, oil price movements, and expectations of further actions by the world’s central banks.

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

GBPUSD is in a difficult position: too many pressure factors

The GBPUSD pair fell to 1.3400 and then stalled. The political crisis in the UK is unlikely to end quickly. Find out more in our analysis for 20 May 2026.

Technical outlook

On the H4 chart, the GBPUSD pair remains under pressure after a confident decline from the May highs near 1.3640. After a series of failed attempts to consolidate above 1.3600, the market moved into a deeper correction.

The GBPUSD pair fell and has now paused.

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

The White House and the Middle East are deciding the fate of EURUSD

Following the US President’s statements, the euro strengthened its position, with the rate currently standing at 1.1620. Find out more in our analysis for 21 May 2026.

Technical outlook

On the H4 chart, the EURUSD pair formed an Inverted Hammer reversal pattern near the lower Bollinger Band. At this stage, quotes may continue their upward trajectory as the signal plays out. Since they remain within an ascending channel, the 1.1675 resistance level may act as the upside target.

The euro has every chance of strengthening after statements from the White House.

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 on the edge as the market awaits a US-Iran truce

The Australian dollar is losing ground amid labour market weakness. At the moment, the price is testing the 0.7130 level. Find more details in our analysis for 22 May 2026.

Technical outlook

On the H4 chart, the AUDUSD pair formed an Inverted Hammer reversal pattern near the lower Bollinger Band. At this stage, quotes remain within an ascending channel and could continue the upward wave after the correction as the pattern signal plays out.

The Australian dollar lost ground following the Australian employment data release.

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

USDJPY reacts to geopolitics: it seems to be getting warmer

The USDJPY pair fell to 158.86 at the start of the week. The improvement in the external backdrop immediately supported the Japanese yen. More details are in our analysis for 25 May 2026.

Technical outlook

On the H4 chart, USDJPY remains in a phase of broad sideways consolidation after recovering from the May lows in the 155.00–156.00 area. After strong growth in the middle of the month, the pair managed to consolidate above 158.50 and moved closer to resistance around 159.30–159.35, but there has not yet been any further acceleration upwards.

The USDJPY pair declined, and investors are looking around cautiously.

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 in positive territory: tensions are rising again in the Strait of Hormuz

Brent prices are rising towards 95.22 USD, driven by the news. Risks of complications in the Middle East are once again a concern. Find more details in our analysis for 26 May 2026.

Technical outlook

On the H4 chart, Brent crude remains under strong pressure after a sharp downward reversal from the May highs in the 108–109 USD per barrel area. The latest downward wave intensified amid expectations of a possible agreement between the US and Iran and hopes for the restoration of supplies through the Strait of Hormuz.

Brent prices climbed higher amid the challenging external environment.

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 struggling for balance, but the pressure is too strong

The GBPUSD pair is hovering around 1.3454, with domestic statistics and signals from the Middle East being crucial for the pound. Find out more in our analysis for 27 May 2026.

Technical outlook

On the H4 chart, the GBPUSD pair remains under pressure after the strong decline from the May highs around 1.3640. After failed attempts to consolidate above 1.3600, the market reversed downwards and fell sharply towards the 1.3300–1.3315 area in mid-May.

The GBPUSD pair is consolidating, but the overall trend remains negative.

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

EURUSD loses ground as the US dollar strengthens

The EURUSD rate remains under pressure amid rising geopolitical risks and increasing demand for the US dollar, currently standing at 1.1641.

Technical outlook

The EURUSD pair is falling after rebounding from the EMA-65, indicating increased selling pressure. At the moment, prices remain trapped within a Triangle pattern. The EURUSD forecast for today suggests a further decline towards 1.1435.

EURUSD technical analysis indicates that downside risks remain in place as long as quotes hold below the 1.1655 resistance level.

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

Gold (XAUUSD): there is a reason for growth

Gold (XAUUSD) prices have returned to 4,500 USD as encouraging news comes from the Middle East.

Technical outlook

On the H4 chart, gold (XAUUSD) remains under pressure after the strong decline from the May highs around 4,750–4,780. In the middle of the month, the market formed a stable downward structure with a series of lower highs and lows, and sellers pushed quotes towards the 4,380–4,400 area.

Gold (XAUUSD) prices rose on positive news from Iran and the US.

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

USD versus oil: who will win the battle for USDCAD

Attempts by the CAD to regain its positions have failed, while the USD is recovering its losses. The USDCAD rate continues to rise and is trading around 1.3810. More details are in our analysis for 1 June 2026.

Technical outlook

On the H4 chart, near the lower Bollinger Band, the USDCAD price formed a Hammer reversal pattern. At this stage, it is continuing the upward wave as part of the signal from the pattern. Since the quotes remain within the boundaries of an upward channel, growth towards the nearest resistance at 1.3865 can be expected.

The CAD remains dependent on geopolitics and the cost of oil.

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 is waiting for news: what will happen to Hormuz?

Brent prices settled at 93.83 USD. Middle East talks are constantly stalled. Find more details in our analysis for 2 June 2026.

Technical outlook

On the H4 chart, Brent remains under pressure after a strong decline from May highs in the 108–109 per barrel area. After a series of sell-offs, quotes moved down into the 91–94 area, where the market is attempting to form a base for stabilisation.

Brent rose and then paused, with market indicators appearing mixed.

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 on hold: caught between oil rally and high interest rates

The GBPUSD pair is standing in a narrow sideways range near 1.3464. The market needs strong news.

Technical outlook

The GBPUSD pair remains in a consolidation phase on the H4 chart after the sharp decline from May highs in the 1.3630–1.3650 area. After forming a local low near 1.3300, buyers recouped some losses, but a sustainable upward momentum has yet to emerge.

The GBPUSD pair remains without a strong catalyst, but holds below crucial levels.

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