USDJPY: yen vs. dollar – a surprise turn after the Fed decision
The US interest rate decision and weaker fundamentals may cause the yen to strengthen and push the USDJPY rate down to the 147.50 support level. Find more details in our analysis for 20 March 2025.
USDJPY technical analysis
Having tested the upper Bollinger band, the USDJPY price has formed a Harami reversal pattern on the H4 chart. At this stage, it is moving downwards following the pattern signal. Since the quotes have rebounded from the resistance level and continue to move within the descending channel, they are expected to decline further to the support level.
The Japanese yen is strengthening despite the public holiday in Japan amid expectations of a BoJ interest rate hike and the Fed’s decision.
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 is falling for the fourth consecutive day: no one needs risk
The AUDUSD pair is under pressure, hovering at 0.6287. The market is cautious. Discover more in our analysis for 21 March 2025.
AUDUSD technical analysis
On the AUDUSD H4 chart, the sentiment remains negative and does not rule out the extension of the selling wave towards 0.6270. A breakout below this level will open the way for a decline to 0.6246.
The AUDUSD pair is under pressure for the fourth consecutive day, and so far, it is only falling.
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 halted its decline: market remains tense as risks mount
The EURUSD pair paused around 1.0819. The market continues to monitor the situation around US trade tariffs. Find more details in our analysis for 24 March 2025.
EURUSD technical analysis
On the H4 chart, a clear downtrend continues to unfold for EURUSD, with a new selling target at 1.0806. If the price consolidates below this level, the next downside target will be 1.0725.
The EURUSD pair has declined significantly, but the risks of further selling persist, with the 2 April deadline lying ahead.
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.
GBPUSD loses ground amid collapse in US consumer expectations
The GBPUSD rate is falling, with sellers holding the 1.2950 resistance level. Discover more in our analysis for 26 March 2025.
GBPUSD technical analysis
The GBPUSD rate is showing a slowdown in the uptrend as prices have broken below the lower boundary of the bullish channel. The pair is now consolidating within a Triangle pattern. Today’s GBPUSD forecast anticipates a drop towards the 1.2805 level. The Stochastic Oscillator supports the bearish scenario as its values are bouncing off the resistance line.
Improved business activity in the UK supports the British pound.
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.
Gold (XAUUSD) hits record highs, surging to the 3,100 USD area
XAUUSD prices are rallying sharply, setting a new all-time high at 3,086 USD. Today, the market awaits US inflation data. Discover more in our XAUUSD analysis for 28 March 2025.
XAUUSD technical analysis
XAUUSD quotes continue their confident upward momentum, setting a new all-time high at 3,086 USD today. The psychologically important 3,000 USD level now acts as key support within the trend.
Gold (XAUUSD) is strengthening, reaching a new all-time high of 3,086 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.
USDCAD: US business activity on the brink – what lies ahead for the market
Weakened business activity in Chicago and Dallas could trigger a fall in the USDCAD rate to 1.4260 following a correction. Discover more in our analysis for 31 March 2025.
USDCAD technical analysis
On the H4 chart, the USDCAD price formed an Inverted Hammer reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the signal received. Since the price remains within a descending channel, a correction towards the nearest resistance level at 1.4360 is expected. If the price rebounds from this resistance, a downtrend may develop.
Weak US economic indicators, combined with USDCAD technical analysis, suggest that the pair may continue its downward trajectory once the correction is complete.
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: economic storm on 2 April – what will Lagarde and Trump say, and how will it hit the dollar
Speeches by the ECB head and the US President may boost the EURUSD pair to 1.0880. Find out more in our analysis for 2 April 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD price formed an Engulfing reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the received signal. Since the pair remains within an ascending channel, the price could rise to the nearest resistance at 1.0880.
In anticipation of ECB President Lagarde’s speech and Trump’s remarks, combined with the EURUSD technical analysis, the forecast suggests a potential correction followed by growth towards the 1.0880 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.
Brent crude oil corrects, but downside risks remain
Brent prices are rising after bouncing off the 72.25 USD support level. Discover more in our analysis for 3 April 2025.
Brent technical analysis
Brent prices consolidated below the Moving Averages, indicating the dominance of sellers and increasing the likelihood of a continued downtrend. Prices are currently testing the 73.05 USD resistance level. Today’s Brent forecast suggests a rebound from this level and a move down towards 70.30 USD.
Brent quotes are recovering from the decline, but concerns over the global economic outlook and rising US crude inventories continue to weigh on the market.
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.