Gold (XAUUSD) prices rose to 2,822 USD, with global demand for safe-haven assets increasing. Find out more in our analysis for 4 February 2025.
XAUUSD technical analysis
On the H4 chart, XAUUSD quotes are highly likely to rise to 2,830 USD. A breakout above this level will pave the way to the 2,845 and 2,865 USD levels. If the market sentiment changes, a correction could push prices to a significant support level at 2,764 USD, which may restrain selling pressures.
Gold (XAUUSD) prices are rising, with the rally likely to continue.
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.
The EURUSD pair is consolidating around 1.0390. Investors need strength ahead of new US labour sector releases. Find more details in our analysis for 6 February 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD pair could test 1.0371 and then 1.0351 as part of a corrective decline. If the price fails to break below both support levels, the market could resume buying, with the target at 1.0440.
The EURUSD pair has been rising since the beginning of the week but halted its growth on Thursday.
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.
AUDUSD: the pair rises moderately ahead of Nonfarm Payrolls data
The AUDUSD rate is gradually strengthening this week, rising to the price area around 0.6300. The market will focus on the US employment statistics today. Discover more in our analysis for 7 February 2025.
AUDUSD technical analysis
On the H4 chart, the AUDUSD pair is undergoing an upward correction after finding support from buyers at 0.6100 this week. The price is now consolidating near a strong resistance area between 0.6300 and 0.6330. The US labour market data could drive further price movements.
The AUDUSD pair is undergoing an upward correction, rising to 0.6300.
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.
Gold (XAUUSD) may set another record: the target is 2,900 USD
Gold (XAUUSD) quotes rose to 2,878 USD on Monday as the world needs safe-haven assets. Find out more in our analysis for 10 February 2025.
XAUUSD technical analysis
On the H4 chart, XAUUSD has grounds for maintaining its upward momentum, with the target at 2,887 USD. To achieve 2,900 USD, the market should consolidate above 2,890 USD.
If this does not happen, the market interest will shift to selling, with the target at the 2,830 USD support level.
Gold (XAUUSD) prices are rising rapidly, bolstered by interest in safe-haven assets and the growing risk of global trade implications due to the US stance.
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.
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.
Amid the Fed chair’s speech, the GBPUSD forecast for today appears rather optimistic for the pound, with the price likely to continue its ascent towards 1.2550. Discover more in our analysis for 12 February 2025.
GBPUSD technical analysis
Having tested the lower Bollinger band, the GBPUSD price has formed a Hammer reversal pattern on the H4 chart. At this stage, it maintains its upward momentum following the signal received.
Along with the GBPUSD technical analysis, Powell’s speech suggests further growth to the 1.2550 resistance level.
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.
USDJPY rose and stopped: time needed to process data
The USDJPY pair is hovering at 154.16 on Thursday as investors change their views on the Federal Reserve’s future interest rate. Find more details in our analysis for 13 February 2025.
USDJPY technical analysis
On the H4 chart, the USDJPY pair has the potential to extend an upward wave towards 154.98.
At the same time, the odds of a correction are increasing, with the first target at 153.75 and the next at 153.26.
The USDJPY pair reached a weekly peak and has stopped for now.
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.
The AUDUSD rate is rising for the second consecutive day, with the price currently at 0.6331. Discover more in our analysis for 14 February 2025.
AUDUSD technical analysis
The AUDUSD rate is moving above the EMA-65 line, reinforcing the bullish scenario. The Stochastic Oscillator has reached the overbought area. However, a rebound from the bullish trendline indicates the potential for further growth.
Despite the weakening of the US dollar amid Trump’s decisions, the expected RBA rate cut increases the chances of further strengthening of the Australian dollar.
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.
USDCAD continues to plummet: there are new targets for sales
The USDCAD pair is hovering around 1.4169 on Monday. Investors have increasingly less faith in Trump’s threats. Find more details in our analysis for 17 February 2025.
USDCAD technical analysis
On the USDCAD H4 chart, the nearest target for a decline remains at 1.4151. The intermediate support level below it is 1.4140, with the next at 1.4125.
The USDCAD pair has fallen to a two-month low and may plunge even lower as the threat of trade implications between the US and Canada has dimished.
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.
EURUSD is in positive territory: the market is not afraid of risks and is positive
The EURUSD pair stabilises around 1.0456 on Tuesday as investors take a pause ahead of the Federal Reserve minutes. Find out more in our analysis for 18 February 2025.
EURUSD technical analysis
The EURUSD H4 chart shows the possibility of a local correction towards 1.0444. A breakout below this level will open the way towards 1.0418.
The EURUSD pair remains around two-month highs but is on hold now in anticipation of the Federal Reserve minutes.
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.
