Day: April 17, 2025

Apr 17
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 17 April 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 17 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a correction wave to 1.1411, forming a broad consolidation range in the shape of a Triangle. Today, 17 April 2025, a decline […]

Apr 17
Gold (XAUUSD) surges to new highs – when will the correction begin?

XAUUSD quotes continue their powerful rally, climbing confidently towards the 3,350 USD area, driven by trade tensions between the US and other countries. Discover more in our analysis for 17 April 2025. XAUUSD forecast: key trading points Gold set a new all-time high at 3,357 USD today Current trend: strong uptrend XAUUSD forecast for 17 April […]

Apr 17
Top 3 trade ideas for 17 April 2025

The overview is based on trade ideas provided by the Acuity Trading service. RoboForex analysts only select ideas from those available on the platform and do not develop them independently. Please note that trading in financial markets involves high risks, and the ideas presented are not investment recommendations. Trade ideas for EURUSD, XAUUSD, and GBPUSD […]

Apr 17
OPEC and US sanctions light the fuse – Brent targets new highs

The outlook for Brent appears bullish, with prices gaining momentum amid US dollar weakness and likely to reach the 67.70 USD resistance level. Find more details in our analysis for 17 April 2025. Brent forecast: key trading points Brent crude oil continues its upward move Philadelphia Fed Manufacturing Index (US): previously at 12.5, projected at […]

Apr 17
WTI crude oil Wave Analysis – 17 April 2025

WTI crude oil: ⬆️ Buy – WTI crude oil reversed from key support level 55,00 – Likely to rise to resistance level 65.00 WTI crude oil recently reversed up from the key support level 55,00 standing close to the lower daily and the weekly Bollinger Bands. The upward reversal from this support level created the […]

Apr 17
Dow Jones Wave Analysis – 17 April 2025

Dow Jones: ⬇️ Sell – Dow Jones reversed from the resistance zone – Likely to fall to support level 38500.00 Dow Jones index recently reversed down from the resistance zone between the resistance level 40815,00 (former strong support from the start of March), 20-day moving average and the 61.8% Fibonacci correction of the downward impulse […]

Apr 17
EURUSD is poised for growth: the market awaits weak US sales

The EURUSD pair is rising aggressively, currently trading around 1.1370. Find out more in our analysis for 16 April 2025. EURUSD forecast: key trading points The US dollar is declining amid market caution ahead of the Fed chair’s speech US March retail sales data is expected today Weak data may support further EURUSD upside EURUSD […]

Apr 17
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 16 April 2025

The correction stopped, and even the easing of tariff restrictions could not reignite the growth of global indices. Find out more in our analysis and forecast for global indices for 15 April 2025. US indices forecast: US 30, US 500, US Tech Recent data: preliminary US Michigan consumer sentiment came in at 50.8 in April […]

Apr 17
USDJPY: decline may deepen as dollar weakens

The USDJPY pair has fallen below the 143.00 level amid broad US dollar weakness and expectations of continued monetary tightening by the Bank of Japan. Find more details in our analysis for 16 April 2025. USDJPY forecast: key trading points Market focus: Japan’s core machinery orders rose 4.3% in February month-on-month Current trend: bearish USDJPY […]

Apr 17
USD loses ground, traders flock to Gold (XAUUSD)

Gold has set a new all-time high amid weak US industrial output. A short-term correction may follow, with a target at the 3,240 USD support level. Discover more in our analysis for 16 April 2025. XAUUSD forecast: key trading points US industrial production: previously at 0.7%, projected at -0.2% US retail sales for March: previously […]