XAUUSD prices are on the rise, surpassing the 2,900 USD level amid weaker-than-expected US ADP employment statistics. Find more details in our XAUUSD analysis for today, 6 March 2025.
XAUUSD technical analysis
On the daily chart, XAUUSD quotes are on a strong rise, reaching the 2,930 USD resistance level. The Alligator indicator is below the price chart and is moving upwards, confirming the bullish trend, with the pair likely to continue its ascent after some correction.
XAUUSD quotes are on the rise, having consolidated above 2,900 USD amid the introduction of US trade tariffs and weak ADP data.
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 forecast: the market awaits the Canadian and US employment statistics today
The USDCAD rate is undergoing a downward correction, falling to the area around 1.4300. Today, the market will focus on employment statistics from Canada and the US. Discover more in our analysis for 7 March 2025.
USDCAD technical analysis
On the daily chart, the USDCAD pair is undergoing a correction within the uptrend; it formed an upward reversal from the 1.4150 support level last week. The quotes have now returned to 1.4300, while the Alligator indicator still confirms the uptrend.
The USDCAD pair is correcting, plunging to 1.4300.
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 forecast: the yen continues to strengthen against the USD
Amid economic data from Japan and the US, the USDJPY rate may form a correction before declining to 146.80. Discover more in our analysis for 10 March 2025.
USDJPY technical analysis
Having tested the lower Bollinger band, the USDJPY price has formed a Hammer reversal pattern on the H4 chart. At this stage, it continues a corrective wave following the pattern signal. Since the quotes have rebounded from the support level and are now moving within a descending channel, they will likely pull back to the resistance level.
Amid the economic data from Japan, the USDJPY forecast appears optimistic for the yen, with the USDJPY technical analysis suggesting a correction towards 148.60 before a further decline.
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) continues to strengthen after a correction
Active Gold purchases by central banks support Gold, potentially driving the quotes further up to the 2,940 USD level. Find more details in our XAUUSD analysis for today, 11 March 2025.
XAUUSD technical analysis
On the H4 chart, XAUUSD prices formed a Hammer reversal pattern near the lower Bollinger band. At this stage, they continue their upward trajectory following the signal from the pattern. The uptrend will likely continue as XAUUSD quotes are moving within the ascending channel. The upside target could be the 2,940 USD resistance level.
Along with the XAUUSD technical analysis, the decline in US economic indicators suggests a continuation of the uptrend, with the quotes potentially rising to 2,940 USD.
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.
Brent prices show moderate growth, returning to the area above 70.00 USD after the release of the US inflation and oil inventories statistics. Find more details in our Brent analysis for today, 13 March 2025.
Brent technical analysis
Brent quotes are undergoing an upward correction, having consolidated above the psychologically important level of 70.00 USD. The Alligator indicator reversed upwards on the H4 chart, confirming the upward momentum. If quotes rise above the 71.00 USD resistance level, a Double Bottom bullish reversal pattern will form, with an upside target at 73.00 USD.
Oil prices rose above 70.00 USD amid easing inflation in the US.
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 remains under pressure despite improvements in the Australian economy
The AUDUSD pair is strengthening, with the price currently at 0.6292. Discover more in our analysis for 14 March 2025.
AUDUSD technical analysis
The AUDUSD pair remains under pressure, with a Triangle pattern currently forming. The AUDUSD forecast suggests a rebound from the 0.6310 resistance level, followed by a decline to 0.6235.
The AUDUSD rate remains under pressure due to trade risks and the Federal Reserve’s policy despite strong Australian economic data.
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 forecast: will bulls take control or will bears crush 149.00?
The USDJPY rate is consolidating around 149.00; market participants are awaiting the Federal Reserve and Bank of Japan interest rate decisions this week. Discover more in our analysis for 17 March 2025.
USDJPY technical analysis
On the H4 chart, the USDJPY pair is trading in a descending price channel, with the price currently undergoing a local upward correction after rebounding from its lower boundary. The local target for the upward correction is the 150.00 level, which coincides with the upper boundary of the price channel.
The USDJPY rate is undergoing an upward correction, returning to 149.00.
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) soared above 3,000 USD, hitting a new all-time high
XAUUSD prices are showing rapid growth, rising above the 3,000 USD level. Today, the market is focused on the US industrial production statistics. Discover more in our XAUUSD analysis for today, 18 March 2025.
XAUUSD technical analysis
XAUUSD quotes continue to show a steady uptrend, reaching a new all-time high of 3,017 USD today. The key support level is currently at the psychologically important level of 3,000 USD.
Gold (XAUUSD) is strengthening, hitting another all-time high of 3,017 USD. The US industrial production data could add to asset volatility today.
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 forecast: market shock – how the Fed decision and the eurozone’s CPI will change the EURUSD rate
The Federal Reserve interest rate change and the eurozone’s CPI data may trigger unpredictable fluctuations in the EURUSD rate, including growth to 1.1010. Find out more in our analysis for 19 March 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD pair formed a Harami reversal pattern near the upper Bollinger Band. At this stage, it continues a corrective wave following the received signal. Since the price is within the ascending channel, it could pull back to the nearest support at 1.0850. A rebound from this level may open the potential for a continued upward movement.
Coupled with the EURUSD technical analysis, the FOMC economic forecasts and the US interest rate decision suggest growth to 1.1010 after the correction is completed.
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.
