Gold plummets again: a hawkish Fed and strong dollar weigh on XAUUSD
Gold started the week lower amid a stronger USD, with prices currently standing at 4,180 USD.
Technical outlook
On the H4 chart, XAUUSD prices formed a Harami reversal pattern near the upper Bollinger Band and could continue the downward wave as the pattern signal plays out.
Another wave of escalation between the US and Iran is affecting gold prices and driving quotes lower.
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 rises again: the Fed supports the dollar, but Japan prepares a firm response
After attempts to strengthen, the yen continues to lose ground, while the probability of intervention is gradually increasing. The price currently stands at 157.35.
Technical outlook
On the H4 chart, the USDJPY rate has formed a Harami reversal pattern near the lower Bollinger Band and is trading around 157.35. As the price remains within an ascending channel, it could continue its upward trajectory as the pattern signal plays out, with the first upside target at 158.00.
The yen continues to lose ground ahead of US data releases.
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 poised for another decline after correction
The EURUSD pair is recovering but remains under pressure from the strong US dollar, with the rate currently standing at 1.1349.
Technical outlook
The EURUSD pair is strengthening but remains within a descending channel. The EURUSD forecast for today, 30 September 2026, suggests that the decline could resume, with the nearest target at 1.1265.
The EURUSD forecast for 30 September 2026 points to continued selling pressure despite the local recovery in the 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.
SOLUSD strengthens amid record inflows into Solana ETFs
SOLUSD is strengthening amid strong buyer demand and positive developments within the Solana ecosystem. The current price is 119.48.
Technical outlook
SOLUSD has consolidated above the EMA-65 line, although the risk of a Triangle pattern forming remains. Today's SOLUSD forecast suggests a continuation of the upward move towards the 130.00 target.
SOLUSD retains the potential to continue rising after rebounding from the 117.20 USD support level, while a breakout above the 121.85 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.