Day: May 23, 2025
Gold (XAUUSD) prices have pulled back to 3,303 USD. It’s been a volatile week, but the precious metal is still closing it on a positive note. Find more details in our analysis for 23 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) ends the week higher as safe-haven assets remain in demand US fiscal […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 23 May 2025. EURUSD forecast On the H4 chart of EURUSD, the market formed a consolidation range around 1.1311 and, after breaking down, completed a decline to 1.1255. Today, 23 May 2025, a corrective move to […]
The yen continues to strengthen, pushing the USDJPY rate lower with a potential move towards 142.35. Find out more in our analysis for 23 May 2025. USDJPY forecast: key trading points Japan’s nationwide core Consumer Price Index (core CPI): previously at 3.2%, currently at 3.5% US new home sales: previously at 724 thousand, projected at […]
The EURUSD rate continues to rise, breaking above the 1.1300 level amid ongoing US dollar weakness. The outlook for further gains remains uncertain for now. Discover more in our analysis for 23 May 2025. EURUSD forecast: key trading points Market focus: Germany’s final Q1 GDP growth rate came in at 0.4% Current trend: moving upwards […]
GBPUSD: ⬆️ Buy – GBPUSD broke multi-month resistance level 1.3430 – Likely to rise to resistance level 1.3600 GBPUSD currency pair recently broke above the key multi-month resistance level 1.3430, which stopped the previous sharp daily uptrends in September and April. The breakout of the resistance level 1.3430 should accelerate the active impulse wave 5 […]
USDCAD: ⬇️ Sell – USDCAD reversed from strong resistance area – Likely to fall to support level 1.3755 USDCAD currency pair recently reversed down from the strong resistance area between the round resistance level 1.4000 intersecting with the upper daily Bollinger Band and the resistance trendline of the daily down channel from March. The downward […]
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 GBPUSD, EURUSD, and […]
The AUDUSD pair is rising after rebounding from support, with traders closely watching the 0.6495 resistance level. The price currently stands at 0.6433. Discover more in our analysis for 23 May 2025. AUDUSD forecast: key trading points Expectations of a Fed rate cut in the second half of 2025 support AUDUSD’s current uptrend Traders anticipate […]
Amid upbeat euro forecasts, the EURUSD rate may maintain its upward momentum, with the next upside target at 1.1400. Find more details in our analysis for 22 May 2025. EURUSD forecast: key trading points Eurozone manufacturing PMI: previously at 49.0, projected at 49.2 US manufacturing PMI: previously at 50.2, projected at 49.9 EURUSD forecast for […]
