USDJPY tests 159.40 and retains upside potential towards 160.90
The USDJPY pair is recovering after the currency intervention and testing the 159.40 resistance level. A breakout above this level could open the way towards 160.90. The rate currently stands at 159.40.
USDJPY forecast: key takeaways
The USDJPY pair is recovering after the currency intervention and testing the 159.40 resistance level
The key macroeconomic event of the day will be the release of the US CPI
USDJPY forecast for 12 August 2026: 160.90
Fundamental analysis
Fundamental analysis of USDJPY for 12 August 2026 shows that pressure on the yen persists. Over the past two days, the pair has risen towards 159.30–159.45 despite the recent joint currency intervention by the US and Japan. This shows that fundamental demand for the dollar currently remains stronger than the effect of the intervention.
At the same time, the domestic backdrop in Japan is gradually becoming more supportive for the yen. The summary of the Bank of Japan’s July meeting, published on 10 August, showed that several board members favour faster rate hikes due to inflation risks.
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) on the rise: US inflation data drives gains
Gold (XAUUSD) prices rose to 4,440 USD, with slowing US inflation weighing on the dollar.
XAUUSD forecast: key takeaways
US CPI rose by 3.4% year-on-year
Slowing US inflation supported gold
XAUUSD forecast for 13 August 2026: 4,515
Fundamental analysis
Gold (XAUUSD) reached 4,440 USD per ounce on Wednesday following the release of inflation data. Annual US inflation slowed from 3.5% to 3.4%, fully matching the forecast. Core inflation also declined to 2.5% year-on-year from 2.6%, which is a more important signal for the Federal Reserve.
The likelihood of a Federal Reserve rate hike in September fell to around 40% following the CPI data, from 46% before the 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.
US Tech forecast: index poised to reach a new all-time high
The US Tech index has broken above the resistance level and could set a new all-time high. The US Tech forecast for next week is positive.
US Tech forecast: key takeaways
Recent data: US CPI rose by 3.4% year-on-year in July
Market impact: the current data is positive for the technology sector
Fundamental analysis
The US inflation data is, overall, a moderately positive signal for the US Tech index and the US stock market. Annual consumer price inflation slowed from 3.5% to 3.4% in July. At the same time, monthly price growth was only 0.1%, while core inflation, excluding food and energy, rose by 0.2% month-on-month and slowed to 2.5% year-on-year from 2.6% previously.
The impact on the US Tech index is broadly positive, as the technology sector is particularly sensitive to interest rate expectations.
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.
Bitcoin (BTCUSD) comes back to life: what happens next
The Bitcoin (BTCUSD) price rose to 63,421 USD. Buyers remain resilient, but renewed capital inflows would make their task easier.
BTCUSD forecast: key takeaways
Bitcoin (BTCUSD) is rising at the start of the week, but geopolitical risks and the FOMC minutes remain in focus
Bulls need capital inflows into ETFs to resume
BTCUSD forecast for 17 August 2026: 63,520
Fundamental analysis
The Bitcoin price is rising to 63,421 USD on Monday. The fundamental backdrop for BTCUSD remains mixed. Earlier, soft US inflation data and a decline in the probability of a Federal Reserve rate hike in September to around 33% supported risk assets. A weaker US dollar remains an additional positive factor.
Geopolitics continues to weigh on the cryptocurrency market through energy prices. Negotiations over the Strait of Hormuz remain deadlocked, while rising Brent prices increase the risk that energy inflation could become a more persistent factor.
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.
Central banks are buying gold at a record pace: what is next for XAUUSD?
Despite ongoing support, gold is forming a correction and testing the 4,390 USD level.
XAUUSD forecast: key takeaways
The likelihood of a Federal Reserve rate hike in September is around 35%
The key upcoming event will be the release of the minutes from the July FOMC meeting on 19 August
XAUUSD forecast for 18 August 2026: 4,345 and 4,480
Fundamental analysis
Weak employment data, moderate inflation, and lower retail sales have prompted investors to reassess the outlook for US monetary policy. At this stage, the market estimates the probability of a Federal Reserve rate hike in September at around 35%, which continues to provide fundamental support for gold.
US-Iran negotiations have effectively reached a deadlock, with Tehran announcing a shift to an offensive stance. Brent oil prices have risen to 89.00 USD per barrel, simultaneously supporting demand for safe-haven assets and increasing the risk of renewed inflationary pressure.
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 US 30 is completing its correction and is poised to resume its rise towards a new all-time high. A breakout below the 53,800.0 support level could push the index lower and open the way towards 52,900.0.
US 30 forecast: key takeaways
Recent data: US PPI remained flat in July compared to June
Market impact: the current data has a moderately positive impact on the US 30
Fundamental analysis
The release of the US Producer Price Index for July 2026 may have a moderately positive impact on the US 30 index and the US stock market overall, as PPI growth came in at 0.0% month-on-month versus expectations of a 0.2% increase. In June, the indicator fell by 0.1%.
For the US 30, the main positive factor is a potential easing of concerns about further monetary tightening by the Federal Reserve.
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.
Solana receives double support: ETFs grow as Alpenglow speeds up the network
SOLUSD continues to strengthen today amid the development of regulated infrastructure. The current SOLUSD rate stands at 85.85
SOLUSD forecast: key takeaways
Spot products on Solana continue to attract capital
The Alpenglow upgrade is expected to significantly accelerate transaction finality
SOLUSD forecast for 20 August 2026: 89.00 or 83.60
Fundamental analysis
Spot products on Solana continue to attract capital, while interest from large investors is supported by the development of regulated infrastructure. An additional positive factor is Bitwise’s plans to tokenise its Solana staking ETF through Superstate.
The main fundamental driver for the ecosystem is Alpenglow. The upgrade is expected to significantly accelerate transaction finality, with a target of around 150 ms compared to approximately 12.8 seconds for the current TowerBFT finalisation.
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.
US Tech on the verge of a new move: market awaits a signal from Jackson Hole
US Tech analysis shows that the index still has a good chance of extending its gains. The US Tech price currently stands at 29,345.8.
US Tech forecast: key takeaways
The market is awaiting the outcome of the Jackson Hole Symposium
High Treasury yields remain one of the main headwinds for further gains in stocks
Fundamental analysis
The US Tech forecast for today, 21 August 2026, takes into account that, following the decline, the index is forming a corrective wave and testing the 29,345.8 level.
US technology stocks came under renewed pressure after US Treasury yields rose. The 10-year Treasury yield is currently holding at around 4.71%, while the 30-year yield is near 5.25%.
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 pair is declining amid strong US macroeconomic data, although long-term factors continue to limit the downside potential. The rate currently stands at 1.1676.
EURUSD forecast: key takeaways
The US service sector expanded at its fastest pace since December 2024
Markets are pricing in only a 38.9% probability of a Federal Reserve interest rate hike in September
EURUSD forecast for 24 August 2026: 1.1565
Fundamental analysis
The EURUSD rate is correcting for the third consecutive trading session after buyers failed to consolidate above the key 1.1695 resistance level. Last week, the EURUSD pair showed strong bullish momentum. The main driver of US dollar weakness was a move by US Treasury Secretary Scott Bessent, who announced a doubling of long-term Treasury bond buybacks.
However, strong US macroeconomic data prevented the bulls from extending the uptrend. The services PMI unexpectedly rose to 56.8 in August, marking the fastest pace of expansion in the sector since December 2024.
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.
US 500 under local pressure, but the broader uptrend remains intact
The US 500 is holding around 7,672 points, with the market conserving strength ahead of upcoming news.
US 500 forecast: key takeaways
The US 500 remains within a broad ascending channel but is under short-term pressure
Corporate earnings and the Consumer Confidence Index are in focus
US 500 forecast for 25 August 2026: 7,608
Fundamental analysis
The US 500 is trading around 7,672 on Tuesday. US stock index futures are little changed as investors await another batch of corporate earnings reports that could provide fresh signals about the health of the technology sector and consumer activity.
Today, the focus is on earnings from Intuit, Zoom, Semtech, Dick’s Sporting Goods, and Macy’s. Particular attention will be paid to NVIDIA, which is due to report results on Wednesday.
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.