Day: May 6, 2025
Amid speculation about China’s attempts to strike a trade deal with the US, global stock indices recouped losses seen on 2 April 2025. Find out more in our analysis and forecast for global indices for 6 May 2025. US indices forecast: US 30, US 500, US Tech Recent data: the US unemployment rate was 4.2% […]
While US economic optimism declines, the USDJPY pair still has the potential to rise towards 146.40. Find more details in our analysis for 6 May 2025. USDJPY forecast: key trading points Japan holiday: Greenery Day IBD/TIPP US Economic Optimism Index: previously at 50.2, projected at 49.1 USDJPY forecast for 6 May 2025: 146.40 and 143.00 […]
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 GBPUSD, USDCHF, and GBPJPY […]
Brent oil has recovered to 61.17 USD. The sharp two-day drop has paused. Discover more in our analysis for 6 May 2025. Brent forecast: key trading points Brent prices have stabilised, but remain near a four-year low The oil market faces simultaneous supply growth and a slowdown in global economies Brent forecast for 6 May […]
A drop in the US trade balance may trigger another bullish wave in XAUUSD, pushing prices towards 3,440 USD. Find out more in our analysis for 6 May 2025. XAUUSD forecast: key trading points US trade balance: previously at -122.7 billion, projected at -124.7 billion Current trend: moving upwards XAUUSD forecast for 6 May 2025: […]
Brent crude oil: ⬆️ Buy – Brent crude oil reversed from support zone – Likely to rise to resistance level 62.00 Brent crude oil recently reversed up sharply from the support zone between the key support level 58.60 (which stopped the previous sharp impulse wave i) and the lower daily Bollinger Band. The upward reversal […]
CHFJPY: ⬇️ Sell – CHFJPY reversed from the resistance zone – Likely to fall to support level 174.00 CHFJPY currency pair recently reversed down from the resistance zone between the pivotal resistance level 175.85 (which has been steadily reversing the price from November) and the upper daily Bollinger Band. The downward reversal from this resistance zone […]
