USDJPY forms a corrective wave: the market awaits determination from the BoJ
Amid economic data from Japan, the USDJPY rate may form a downward wave towards the 149.30 area before resuming growth. Find out more in our analysis for 26 September 2025.
USDJPY technical analysis
On the H4 chart, the USDJPY pair tested the upper Bollinger Band and formed a Shooting Star reversal pattern while trading around 149.70. At this stage, it may continue its corrective wave following the signal from the pattern. The USDJPY rate broke above the upper boundary of the ascending channel, suggesting that there are solid chances for a pullback to the broken level near 149.30.
Japan’s economic instability is making its mark; against this backdrop, USDJPY technical analysis suggests a correction towards the 149.30 support level before resuming 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.
The USDCAD rate fell to the area around 1.3900 amid a possible US government shutdown this week due to suspended funding. Discover more in our analysis for 29 September 2025.
USDCAD technical analysis
On the H4 chart, the USDCAD pair is declining within the current downward correction. The daily trend is still bullish, so the pair may resume growth after the correction is complete.
The USDCAD rate is falling, having reached the 1.3920 support 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.
Head and Shoulders pattern formation threatens EURUSD bulls
The EURUSD rate continues to strengthen amid pressure on the US dollar and growing expectations of further Fed easing. The rate currently stands at 1.1741. Find out more in our analysis for 30 September 2025.
EURUSD technical analysis
While the EURUSD rate remains within an upward channel, the current strengthening is capped by the resistance zone near 1.1745. The chart shows the formation of a Head and Shoulders reversal pattern. Additional pressure on the pair comes from the Stochastic Oscillator signal, where the indicator lines have approached overbought territory and are showing readiness to turn downwards.
Fundamental factors support euro growth; however, technical analysis of EURUSD points to a high risk of a bearish scenario with a breakout below the support level and a decline towards 1.1645.
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 pair consolidated above the 1.3400 mark amid the expected U.S. government shutdown and ahead of the ADP U.S. employment data release. Full details in our analysis for 1 October 2025.
GBPUSD technical analysis
On the H4 chart, GBPUSD shows moderate growth, consolidating above the 1.3400 level. The Alligator indicator is pointing upward, suggesting the bullish movement could continue. The key support for the uptrend is at 1.3333.
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 falls: BoJ tightening and political coordination weigh on the dollar
Strengthening arguments for monetary tightening in Japan continue to support the yen, with quotes currently trading near 147.10. Find out more in our analysis for 2 October 2025.
USDJPY technical analysis
Having tested the upper Bollinger Band, the USDJPY pair formed a Shooting Star reversal pattern on the H4 chart, currently hovering around 149.70. At this stage, the pair continues its downward wave in line with the pattern signal.
The yen continues to strengthen amid anticipation of the Federal Reserve’s rate 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.
Gold (XAUUSD) prices are hovering around 3,860 USD. The correction was needed, but it changes nothing: the rally will continue. Discover more in our analysis for 3 October 2025.
XAUUSD technical analysis
On the XAUUSD H4 chart, prices remain near all-time highs.
After a sharp rise from the 3,627 area, gold tested the 3,897 resistance level, where a local top formed. This was followed by a pullback to the 3,819 zone, which now acts as the nearest support.
Gold (XAUUSD) has corrected slightly but remains in a strong position.
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.
Slowdown in US business activity limits USDCAD growth
The USDCAD pair is trading within a correction, reflecting the market’s reaction to the US government shutdown and a decline in business activity indicators. The rate currently stands at 1.3949. Discover more in our analysis for 6 October 2025.
USDCAD technical analysis
The USDCAD pair continues to move within an ascending channel, currently undergoing a correction while retaining potential for forming a Double Bottom reversal pattern. The current pullback pushed the price to the strong 1.3945 support level, where the asset again found buying interest.
The fundamental backdrop reflects ongoing uncertainty: upside potential is limited by the absence of key economic data due to the US government shutdown and signs of a slowdown in the US economy.
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 gains momentum: China and OPEC+ are changing the rules of the oil market
Brent crude prices are recovering after a decline, with quotes testing the 65.40 USD level. Discover more in our analysis for 7 October 2025.
Brent technical analysis
Having tested the lower Bollinger Band, Brent prices formed a Hammer reversal pattern on the H4 chart. At this stage, the market is developing a growth wave following this signal.
Overall, Brent crude dynamics on 7 October 2025 remain moderately positive.
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 pair remains under pressure amid a stronger US dollar and ongoing uncertainty caused by the prolonged US budget crisis, currently trading at 1.3389. Discover more in our analysis for 8 October 2025.
GBPUSD technical analysis
The GBPUSD pair is moving within a descending channel. Quotes have rebounded from the Moving Averages, which strengthens downward pressure from sellers. Against this backdrop, there remains potential for further decline and a bearish outlook for the GBPUSD pair today, with a downside target at 1.3225.
The current GBPUSD dynamics indicate persistent pressure from the US dollar, with the market focused on the risks of the US budget crisis and upcoming Bank of England comments
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 continues a steady upward movement, supported by weak economic data from Japan and uncertainty surrounding the BoJ’s policy direction. The rate currently stands at 152.96. Find out more in our analysis for 9 October 2025.
USDJPY technical analysis
The USDJPY rate continues to move within an ascending channel and has consolidated above the upper boundary of a Triangle pattern. Prices are hovering above the Moving Average, confirming ongoing buying pressure and opening the door for further growth.
The USDJPY rate continues to show bullish sentiment amid weak economic data from Japan and the BoJ’s cautious stance, further pressuring the yen.
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.
