Time is working against the market: USDCAD is ready for a decisive move
Against the backdrop of escalating geopolitical tension, USDCAD is in a difficult position. The current quote is 1.3735. More details are in our analysis for 18 May 2026.
Technical outlook
On the H4 chart, the USDCAD price formed a Harami reversal pattern near the upper Bollinger Band. At this stage, it may continue the corrective wave as part of the received signal. Since quotes remain within the boundaries of an upward channel, a pullback to the nearest support at 1.3690 can be expected.
The escalation of the conflict in the Middle East is exerting a dual impact on USDCAD.
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 is correcting after rebounding from the 4,505 USD support level
XAUUSD quotes are falling amid the escalating conflict in the Middle East, rising oil prices, and increased inflation risks. Quotes currently stand at 4,548 USD. Discover more in our analysis for 19 May 2026.
Technical outlook
XAUUSD quotes are declining after rebounding from the EMA-65, indicating continued downward momentum and control by the bears. The XAUUSD forecast for today suggests a minor bullish correction and a continued decline towards 4,395 USD.
XAUUSD quotes remain highly sensitive to developments in the Middle East conflict, oil price movements, and expectations of further actions by the world’s central banks.
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 in a difficult position: too many pressure factors
The GBPUSD pair fell to 1.3400 and then stalled. The political crisis in the UK is unlikely to end quickly. Find out more in our analysis for 20 May 2026.
Technical outlook
On the H4 chart, the GBPUSD pair remains under pressure after a confident decline from the May highs near 1.3640. After a series of failed attempts to consolidate above 1.3600, the market moved into a deeper 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.
The White House and the Middle East are deciding the fate of EURUSD
Following the US President’s statements, the euro strengthened its position, with the rate currently standing at 1.1620. Find out more in our analysis for 21 May 2026.
Technical outlook
On the H4 chart, the EURUSD pair formed an Inverted Hammer reversal pattern near the lower Bollinger Band. At this stage, quotes may continue their upward trajectory as the signal plays out. Since they remain within an ascending channel, the 1.1675 resistance level may act as the upside target.
The euro has every chance of strengthening after statements from the White House.
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 on the edge as the market awaits a US-Iran truce
The Australian dollar is losing ground amid labour market weakness. At the moment, the price is testing the 0.7130 level. Find more details in our analysis for 22 May 2026.
Technical outlook
On the H4 chart, the AUDUSD pair formed an Inverted Hammer reversal pattern near the lower Bollinger Band. At this stage, quotes remain within an ascending channel and could continue the upward wave after the correction as the pattern signal plays out.
The Australian dollar lost ground following the Australian employment data release.
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 reacts to geopolitics: it seems to be getting warmer
The USDJPY pair fell to 158.86 at the start of the week. The improvement in the external backdrop immediately supported the Japanese yen. More details are in our analysis for 25 May 2026.
Technical outlook
On the H4 chart, USDJPY remains in a phase of broad sideways consolidation after recovering from the May lows in the 155.00–156.00 area. After strong growth in the middle of the month, the pair managed to consolidate above 158.50 and moved closer to resistance around 159.30–159.35, but there has not yet been any further acceleration upwards.
The USDJPY pair declined, and investors are looking around cautiously.
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 in positive territory: tensions are rising again in the Strait of Hormuz
Brent prices are rising towards 95.22 USD, driven by the news. Risks of complications in the Middle East are once again a concern. Find more details in our analysis for 26 May 2026.
Technical outlook
On the H4 chart, Brent crude remains under strong pressure after a sharp downward reversal from the May highs in the 108–109 USD per barrel area. The latest downward wave intensified amid expectations of a possible agreement between the US and Iran and hopes for the restoration of supplies through the Strait of Hormuz.
Brent prices climbed higher amid the challenging external environment.
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 struggling for balance, but the pressure is too strong
The GBPUSD pair is hovering around 1.3454, with domestic statistics and signals from the Middle East being crucial for the pound. Find out more in our analysis for 27 May 2026.
Technical outlook
On the H4 chart, the GBPUSD pair remains under pressure after the strong decline from the May highs around 1.3640. After failed attempts to consolidate above 1.3600, the market reversed downwards and fell sharply towards the 1.3300–1.3315 area in mid-May.
The GBPUSD pair is consolidating, but the overall trend remains negative.
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 EURUSD rate remains under pressure amid rising geopolitical risks and increasing demand for the US dollar, currently standing at 1.1641.
Technical outlook
The EURUSD pair is falling after rebounding from the EMA-65, indicating increased selling pressure. At the moment, prices remain trapped within a Triangle pattern. The EURUSD forecast for today suggests a further decline towards 1.1435.
EURUSD technical analysis indicates that downside risks remain in place as long as quotes hold below the 1.1655 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.
Gold (XAUUSD) prices have returned to 4,500 USD as encouraging news comes from the Middle East.
Technical outlook
On the H4 chart, gold (XAUUSD) remains under pressure after the strong decline from the May highs around 4,750–4,780. In the middle of the month, the market formed a stable downward structure with a series of lower highs and lows, and sellers pushed quotes towards the 4,380–4,400 area.
Gold (XAUUSD) prices rose on positive news from Iran and 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.
