Day: June 2, 2025
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 2 June 2025. EURUSD forecast On the H4 chart of EURUSD, the market continues to develop a compact consolidation range around 1.1347. Today, 2 June 2025, a breakout upwards may trigger a wave to 1.1485. A […]
The USDJPY rate is falling as Japan’s economic data partially improves. The price currently stands at 143.45. Find more details in our analysis for 2 June 2025. USDJPY forecast: key trading points Japan’s manufacturing PMI was revised to 49.4 in May 2025 Manufacturing sector employment in Japan rose at the fastest pace since April 2024 […]
EURGBP: ⬆️ Buy – EURGBP broke daily Falling Wedge – Likely to rise to resistance level 0.8525 EURGBP currency pair recently broke the resistance trendline of the daily Falling Wedge chart pattern from April, which encloses the earlier ABC correction (2). The breakout of this Falling Wedge continues the active impulse wave (3), which started […]
Gold: ⬆️ Buy – Gold broke daily down channel – Likely to rise to resistance level 3440.00 Gold recently broke the resistance trendline of the daily down channel from April (which enclosed the previous medium-term ABC correction (2)). The breakout of this down channel should accelerate the active minor impulse wave 3 of the intermediate […]
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 GBPJPY, XAUUSD, and […]
Weak US manufacturing PMI and the upcoming speech by Fed Chairman Jerome Powell could trigger a correction in the USDCAD rate towards 1.3770. Discover more in our analysis for 2 June 2025. USDCAD forecast: key trading points US manufacturing PMI: previously at 48.7, projected at 49.3 Speech by US Federal Reserve Chairman Jerome Powell USDCAD […]
