Day: May 5, 2025
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 5 May 2025. EURUSD forecast On the H4 chart, EURUSD completed a downward wave to 1.1266, followed by a correction to 1.1380. As of 5 May 2025, the market is forming a consolidation range below 1.1345. […]
A decline in the US services PMI could trigger a further correction in the USDJPY rate towards the 143.31 support level. Find out more in our analysis for 5 May 2025. USDJPY forecast: key trading points US services PMI: previously at 54.4, projected at 51.4 ISM non-manufacturing PMI: previously at 50.8, projected at 50.2 USDJPY […]
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 USDCAD, XAUUSD, and EURJPY […]
The USDCAD rate continues to decline for the second consecutive trading session, currently trading at 1.3790. Discover more in our analysis for 5 May 2025. USDCAD forecast: key trading points Canada’s economy showed moderate growth in March Strong macroeconomic data strengthened confidence in Canada’s resilience Investors are focused on the upcoming Federal Reserve meeting USDCAD […]
Gold (XAUUSD) prices have risen to 3,260 USD. With elevated risk levels, the precious metal finds strong support. Discover more in our analysis for 5 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) is on the rise, driven by demand for safe-haven assets The market closely follows US-China trade tensions, awaiting concrete developments XAUUSD […]
The EURUSD pair begins the week on a positive note, trading around 1.1335. Investors remain focused on trade signals and await the Federal Reserve’s upcoming rate decision. Find more details in our analysis for 5 May 2025. EURUSD forecast: key trading points The EURUSD pair maintains its upward momentum and is aiming higher The odds […]
