China, OPEC+, and hotspots: will this be enough for Brent to rise?
Brent prices are once again attempting to recover, trading around 65.70 USD. Discover more in our analysis for 3 February 2026.
Brent technical analysis
Having tested the lower Bollinger Band, Brent prices formed a Hammer reversal pattern on the H4 chart. The market may now begin to follow this signal by developing an upward wave.
Oil prices continue to depend on geopolitical risks and the situation in the Middle East.
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 is neutral as the market awaits Bank of England data
The GBPUSD pair remains stable near 1.3700. The calm news background allows the market to wait for new signals. Discover more in our analysis for 4 February 2026.
GBPUSD technical analysis
On the GBPUSD H4 chart, after prolonged sideways movement in the first half of January, the pair entered a phase of sharp impulsive growth. The breakout above the upper boundary of the range was accompanied by an expansion of Bollinger Bands and accelerated upward movement, indicating buyer dominance.
The GBPUSD pair is rising modestly amid a quiet calendar and ahead of the upcoming Bank of England meeting.
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 are declining amid a clash between the Fed’s hawkish rhetoric and signs of weakening in the US labour market. The current quote stands at 4,926 USD. Find more details in our analysis for 5 February 2026
XAUUSD technical analysis
XAUUSD quotes are rising after rebounding confidently from the lower boundary of the bullish Wolfe Wave pattern. The current pattern structure indicates that directional upward momentum is forming, aiming for the pattern’s upper boundary. The XAUUSD forecast for today suggests the completion of the correction phase and continued growth towards the target of 5,115.
Technical analysis of XAUUSD indicates the formation of upward momentum after a rebound from the lower boundary of the bullish Wolfe Wave pattern.
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 at the start of a rally: buyers are pushing prices higher
The AUDUSD pair is gaining upward momentum after rebounding from the key support level, with the price currently at 0.6956. Discover more in our analysis for 6 February 2026.
AUDUSD technical analysis
The AUDUSD pair is rising after a confident rebound from the 0.6905 support level. Buyers have consolidated above the EMA-65, indicating strengthening bullish pressure and continued upward momentum.
The combination of support from the RBA and the holding of the key 0.6905 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.
USDCAD is falling: what factors could strengthen the CAD
Increased volatility in oil prices impacts the USDCAD rate significantly, with quotes testing the 1.3640 level. Discover more in our analysis for 9 February 2026.
USDCAD technical analysis
On the H4 chart, the USDCAD pair has formed a Shooting Star reversal pattern near the upper Bollinger Band and may continue its downward movement following the pattern’s signal. Since prices remain within the descending channel, a decline towards the nearest support level at 1.3570 can be expected.
Risk factors for further USDCAD growth include a potential decline in global risk appetite and sharp fluctuations in oil prices, which may add to pressure on the currency pair.
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 USD continues to lose ground against the yen, with quotes testing the 156.70 level. Discover more in our analysis for 10 February 2026.
USDJPY technical analysis
On the H4 chart, the USDJPY pair formed an Engulfing reversal pattern near the upper Bollinger Band and is trading around the 155.40 level. At this stage, the price may continue its downward wave following the pattern’s signal, with the downside target at 154.50.
The yen continues to strengthen against the USD, with technical analysis of USDJPY suggesting a decline towards the 154.50 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.
The pound gains strength: will GBPUSD withstand the impact of US employment data
Ahead of US employment statistics, the GBPUSD pair is forming an upward wave, with quotes testing the 1.3660 level. Discover more in our analysis for 11 February 2026.
GBPUSD technical analysis
Having tested the lower Bollinger Band, the GBPUSD pair formed a Hammer reversal pattern on the H4 chart and may continue its upward movement following the pattern’s signal. The current upside target stands at 1.3770. A breakout above this resistance will open the door for continued upward momentum.
Amid expectations of US employment statistics, the pound continues to strengthen.
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 are showing signs of a reversal amid technical signals and negative US oil inventory data, currently trading at 69.08 USD. Find more details in our analysis for 12 February 2026.
Brent technical analysis
Brent quotes are correcting within a developing Wedge reversal pattern. Although prices remain above the EMA-65, the risks of further downside movement remain high.
The technical and fundamental outlook for Brent highlights reversal risks amid a Double Top pattern.
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) fell sharply without a clear trigger: the week may close in negative territory
Gold (XAUUSD) prices returned to 4,960 USD after yesterday’s sharp drop. Markets appear to need liquidity again. Find more details in our analysis for 13 February 2026.
XAUUSD technical analysis
After January’s surge towards 5,500+, gold (XAUUSD) entered a phase of sharp correction and high volatility. The decline was accompanied by widening Bollinger Bands and long candlestick wicks, reflecting active position redistribution.
Gold has recovered after yesterday’s sell-off, although risks remain.
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.
Easing US inflation expectations fuel EURUSD growth
The EURUSD rate is strengthening amid slower US inflation, which has reinforced expectations of Federal Reserve policy easing. The current quote is 1.1865. Discover more in our analysis for 16 February 2026.
EURUSD technical analysis
EURUSD quotes are rebounding from the lower boundary of the ascending channel. Buyers are holding the price above the key 1.1845 support level. The pair continues to trade within a range, with the upper boundary near 1.1890.
Technical analysis of EURUSD indicates potential growth towards 1.1985 if the price firmly consolidates above 1.1895.
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.
