Day: May 29, 2025

May 29
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 29 May 2025

The court ruling that repealed tariffs imposed by the current US administration boosted investor optimism and global stock indices. Find out more in our analysis and forecast for global indices for 29 May 2025. US indices forecast: US 30, US 500, US Tech Recent data: a federal trade court blocks Trump’s global reciprocal tariffs and […]

May 29
Daily technical analysis and forecast for 29 May 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 29 May 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a correction to 1.1210. Today, 29 May 2025, an upward wave is expected to begin, aiming for 1.1313. A breakout above this […]

May 29
Top 3 trade ideas for 29 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 USDCAD, USDCHF, and […]

May 29
Brent breaks out of Wedge pattern as bullish momentum builds

Brent prices are rising amid easing trade tensions following the removal of global tariffs in the US and OPEC+’s confirmation of extended production caps. Discover more in our analysis for 29 May 2025. Brent forecast: key trading points Brent prices climb on reduced oil supply and easing trade tensions OPEC+ confirms current output levels will […]

May 29
Gold (XAUUSD) halts its decline, but safe-haven demand remains weak

Gold (XAUUSD) stabilised near 3,306 USD after a decline, with a stronger US dollar weighing on the metal. Discover more in our analysis for 28 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) prices have fallen and are now stabilising as a strong US dollar puts pressure on the metal Risk appetite is growing […]

May 29
FOMC reveals its hand – what is next for EURUSD after the minutes?

As markets await the release of the FOMC minutes, the EURUSD pair is forming a correction. Once this phase ends, the pair may resume its upward movement towards the 1.1415 mark. Find more details in our analysis for 28 May 2025. EURUSD forecast: key trading points FOMC meeting minutes release EURUSD forecast for 28 May […]

May 29
Silver Wave Analysis – 28 May 2025

Silver: ⬇️ Sell – Silver reversed from resistance level 33.70 – Likely to fall to support level 31.70 Silver recently reversed from the resistance level 33.70 (which is the upper border of the sideways price range inside which the price has been trading from April). The resistance area near the resistance level 33.70 was strengthened […]

May 29
FTSE 100 Wave Analysis – 28 May 2025

FTSE 100 index: ⬇️ Sell – FTSE 100 index reversed from key resistance level 8800.00 – Likely to fall to support level 8650,00 The FTSE 100 index recently reversed from the key resistance level 8800.00 (which has been steadily reversing the index from the start of February). The resistance area near the resistance level 8800.00 […]