Day: April 29, 2025
While the USDJPY rate is strengthening, the currency pair remains under pressure, currently trading at 142.43. Discover more in our analysis for 29 April 2025. USDJPY forecast: key trading points Investor attention is focused on the upcoming Bank of Japan meeting The BoJ is expected to keep its interest rate at 0.5% USDJPY forecast for […]
The EURUSD pair is hovering around 1.1387 on Tuesday. Risks of a US trade war weigh against the US dollar. Find out more in our analysis for 29 April 2025. EURUSD forecast: key trading points The EURUSD pair is poised to resume growth due to US trade risks China states it is not holding talks […]
The price of crude oil was down by about 3% so far this week, having encountered sellers’ resistance at $63 for WTI. A week earlier, the resistance was at $64/bbl. In early April, oil collapsed due to fears of a global slowdown due to tariffs (less demand) and OPEC+’s intention to raise production (more supply). […]
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 XAUUSD, GBPUSD, and EURJPY […]
A decline in US consumer confidence may weigh on the US dollar and propel Brent prices towards 66.50 USD. Find more details in our analysis for 29 April 2025. Brent forecast: key trading points Brent crude oil prices continue to correct The CB US Consumer Confidence Index: previously at 92.9, projected at 87.7 Brent forecast […]
EURGBP: ⬇️ Sell – EURGBP broke support area – Likely to fall to support level 0.8450 EURGBP currency pair recently broke the support area between the key support level 0.8525 (which stopped the previous waves iv and A) and the 38.2% Fibonacci correction of the upward impulse from February. The breakout of the support level […]
EURJPY: ⬇️ Sell – EURJPY reversed from resistance area – Likely to fall to support level 161.25 EURJPY currency pair recently reversed down from the resistance area between the resistance level 164.00 (which has been reversing the price from January), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from July. […]
The EURUSD pair is rising after rebounding from a support level, with the price currently at 1.1374. Find more details in our analysis for 28 April 2025. EURUSD forecast: key trading points The US Consumer Sentiment Index fell to 52.2 points in April Labour market expectations in the US remain weak EURUSD forecast for 28 […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 28 April 2025. EURUSD forecast On the H4 chart, EURUSD is forming a narrow consolidation range around 1.1360. Today, 28 April 2025, a decline towards 1.1280 is expected, followed by a correction towards 1.1420. Afterwards, the […]
GE Aerospace ⬆️ Buy – GE Aerospace broke resistance area – Likely to rise to resistance level 205.00 GE Aerospace recently broke the resistance area between the round resistance levels 200.00, 193.60 and the 61.8% Fibonacci correction of the downward impulse from March. The breakout of this resistance area accelerated the active short-term impulse wave […]
