Day: May 16, 2025

May 16
US inflation surprise could crash the dollar – EURUSD gears up for a rally

A spike in US inflation may drive the EURUSD pair up to 1.1320. Discover more in our analysis for 16 May 2025. EURUSD forecast: key trading points Eurozone trade balance: previously at 24.0 billion, projected at 17.5 billion EUR US inflation expectations from the University of Michigan: previously at 6.5%, projected at 7.7% EURUSD forecast […]

May 16
Gold (XAUUSD) at risk: the market does not need insurance

Gold (XAUUSD) is trading around 3,218 USD on Friday. The week ends with a loss of around 3%, with the outlook remaining highly uncertain. Find out more in our analysis for 16 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) quotes are closing the week down by about 3% due to declining interest in […]

May 16
General Electric Wave Analysis – 16 May 2025

General Electric: ⬆️ Buy – General Electric broke resistance zone – Likely to rise to resistance level 240.00 General Electric recently broke the resistance zone between the key resistance level 212.00 (which stopped the previous waves 3 and b) and the resistance trendline of the weekly up channel from the end of 2023. The breakout […]

May 16
AT&T Wave Analysis – 16 May 2025

AT&T: ⬆️ Buy – AT&T reversed from support zone – Likely to rise to resistance level 28.35 AT&T recently reversed up with the daily Morning Star from the support zone between the key support level 26.00, 38.2% Fibonacci correction of the upward impulse from January and the lower daily Bollinger Band. The active impulse wave […]

May 16
Daily technical analysis and forecast for 16 May 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 16 May 2025. EURUSD forecast On the H4 chart of EURUSD, the market continues developing a consolidation range around the 1.1180 level. Today, 16 May 2025, if the price breaks upwards, a further correction to 1.1294 […]

May 16
Technical rebound in USDJPY: are bulls ready to break the Wedge?

The USDJPY rate continues to decline, with even disappointing macroeconomic data from Japan not preventing the yen from strengthening. Find more details in our analysis for 16 May 2025. USDJPY forecast: key trading points Japan’s economy contracted by 0.2% quarter-on-quarter in Q1 2025 Industrial production in Japan rose by 0.2% month-on-month in March USDJPY forecast […]

May 16
Top 3 trade ideas for 16 May 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 do not constitute investment advice. Trade ideas for XAUUSD, AUDUSD, and […]

May 16
AUDUSD reversed upwards – is the correction over?

The AUDUSD rate reversed to the upside, rising to 0.6450 amid weaker-than-expected US inflation. Discover more in our analysis for 16 May 2025. AUDUSD forecast: key trading points Market focus: US inflation is falling, with the April Producer Price Index (PPI) at 2.4% (projected at 2.5%) Current trend: trending upwards AUDUSD forecast for 16 May […]

May 16
EURUSD in balance: investors await new drivers

The EURUSD pair remains stable around 1.1195. The market has a plethora of crucial statistics ahead. Find out more in our analysis for 15 May 2025. EURUSD forecast: key trading points The market believes the White House may be intentionally weakening the US dollar Focus shifts to a large batch of key data releases due […]