XAUUSD rises for the second day in a row – is a new upward wave starting?
The XAUUSD price is forming a Triangle pattern, reflecting consolidation before a potential breakout. Current quote – 3,322 USD. Details – in our analysis for 10 July 2025.
XAUUSD technical analysis
XAUUSD quotes are strengthening after rebounding from the lower boundary of the Triangle pattern. Despite seller pressure in the first half of the week, the price is recovering, remaining above the key support level at 3,285.
Weakness in the US dollar, expectations of rate cuts, and political pressure on the Fed create a favourable environment for further gold growth.
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 rising, setting a new yearly high today at 1.6595. Details – in our analysis for 11 July 2025.
AUDUSD technical analysis
AUDUSD is showing confident growth within its upward trend, currently trading near 0.6590. The Alligator indicator confirms the bullish price movement momentum. Key resistance is at the yearly high of 0.6595.
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) dropped to the 3,350 USD area, but the rally may continue
While gold (XAUUSD) prices declined to the 3,350 USD area amid a downward correction, the trend remains bullish, and growth may resume. Find out more in our analysis for 14 July 2025.
XAUUSD technical analysis
XAUUSD quotes are undergoing a downward correction, falling to the 3,350 USD support level. Last week, gold reversed to the upside, breaking out of the downward price channel. After the correction is complete, the upward movement could resume.
Gold has pulled back to the 3,350 USD support level amid a downward correction.
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 hovers at key support – market awaits a reversal
Brent quotes remain under pressure due to fears of a global economic slowdown, currently standing at 68.43 USD. Discover more in our analysis for 15 July 2025.
Brent technical analysis
Brent quotes remain within the ascending channel despite a local decline. Prices have fallen to the channel’s lower boundary near the 68.25 USD support level.
Reduced drilling capacity in the US and potential underinvestment in the sector provide long-term support for oil prices
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 USDJPY rate climbed into the 149.00 area as the dollar strengthened moderately after the release of US consumer inflation statistics. Find out more in our analysis for 16 July 2025.
USDJPY technical analysis
On the H4 chart, the USDJPY pair continues to climb confidently, hitting an intraday high at 149.18. The Alligator indicator is trending upwards, confirming the current bullish momentum. However, the Stochastic indicator signals overbought conditions, which may trigger a corrective pullback.
The USDJPY pair climbed to the 149.00 area during the ongoing uptrend.
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 strengthening USD, the EURUSD pair may decline towards 1.1555. Discover more in our analysis for 17 July 2025.
EURUSD technical analysis
On the H4 chart, the EURUSD pair formed a Harami reversal pattern near the lower Bollinger Band. At this stage, the pair may continue its corrective wave in response to this signal. Given that the price remains within a descending channel, a further decline towards the nearest support at 1.1555 can be expected.
Today’s EURUSD forecast favours the USD. Combined with EURUSD technical analysis, stronger US economic indicators suggest a likely decline towards the 1.1555 support level after a corrective move.
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 in a Triangle – a breakout below 1.3665 could open the way to new lows
The USDCAD rate remains under bearish pressure amid expectations of a Federal Reserve rate cut, currently standing at 1.3717. Discover more in our analysis for 21 July 2025.
USDCAD technical analysis
The USDCAD rate remains within a descending channel, with quotes consolidating below the 1.3755 resistance level, suggesting ongoing bearish pressure. Today’s USDCAD forecast points to a potential decline towards the lower boundary of the Triangle pattern, targeting the 1.3605 area.
Despite short-term support for the US dollar, expectations of a Fed rate cut increase the risk of further weakening in the medium term.
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 quotes may regain ground and test the resistance level around the 70.70 USD mark. Discover more in our analysis for 22 July 2025.
Brent technical analysis
On the H4 chart, Brent prices tested the lower Bollinger Band and formed a Hammer reversal pattern. Having partially fulfilled the signal, quotes are now undergoing a correction. The Brent price forecast for 22 July 2025 suggests a growth target at 70.70 USD. A breakout above the resistance level would open the door to a stronger upward wave.
Brent prices are testing the lower boundary of the ascending channel and may be gearing up for another bullish wave amid geopolitical tensions.
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 GBPUSD rate climbed above 1.3500, as markets anticipate the signing of a free trade agreement between the UK and India. Full details in our analysis for 23 July 2025.
GBPUSD technical analysis
On the H4 chart, GBPUSD shows a clear upward momentum, having bounced from daily support at 1.3370. The Alligator indicator is pointing upwards and rising steadily, suggesting the uptrend may 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.
XAUUSD prices reversed downwards and dropped below 3,400 USD amid optimism surrounding trade agreements between the US and its key partners. Discover more in our analysis for 24 July 2025.
XAUUSD technical analysis
XAUUSD quotes are in a downward correction, having fallen below 3,400 USD. Earlier this week, gold reversed from a local daily high at 3,438 USD. Once the correction is complete, the uptrend may resume.
Gold entered a downward correction, slipping below 3,400 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.
