Day: July 17, 2025

Jul 17
Nikkei 225 Wave Analysis – 17 July 2025

Nikkei 225: ⬆️ Buy – Nikkei 225 reversed from support area – Likely to rise to resistance level 40550.00 Nikkei 225 index recently reversed up with the daily Doji from the support area located between the key support level 39000.00 (former resistance from May) and the support trendline of the daily up channel from May. […]

Jul 17
Caterpillar Wave Analysis – 17 July 2025

Caterpillar: ⬆️ Buy – Caterpillar broke long-term resistance level 410.00 – Likely to rise to resistance level 440.00 Caterpillar recently broke above the major long-term resistance level 410.00, which has been reversing the price from the end of 2024, as can be seen from the weekly Caterpillar chart below. The breakout of the resistance level […]

Jul 17
Daily technical analysis and forecast for 17 July 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 17 July 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a downward wave to 1.1562, followed by a correction to 1.1720. Today, 17 July 2025, the decline could continue to 1.1520 as […]

Jul 17
Fundamental storm, waiting for EURUSD reaction

Amid strengthening USD, the EURUSD pair may decline towards 1.1555. Discover more in our analysis for 17 July 2025. EURUSD forecast: key trading points Eurozone Consumer Price Index (CPI): previously at 1.9%, projected at 2.0% US initial jobless claims: previously at 227 thousand, projected at 223 thousand EURUSD forecast for 17 July 2025: 1.1555 Fundamental […]

Jul 17
JP 225 forecast: price enters sideways channel

The JP 225 stock index has entered a sideways channel within an uptrend. The JP 225 outlook for today is positive. JP 225 forecast: key trading points Recent data: Japan’s industrial production came in at -0.1% in June Market impact: this may signal investor caution for Japanese equities and the JP 225 index, especially in […]

Jul 17
Weak data from Japan opens the way for USDJPY growth

The USDJPY rate is strengthening, while the yen loses ground amid disappointing foreign trade data. The price currently stands at 148.45. Find out more in our analysis for 17 July 2025. USDJPY forecast: key trading points Japan’s trade balance surplus dropped to 153.1 billion yen in June 2025 Japanese exports fell by 0.5%, marking the […]

Jul 17
Top 3 trade ideas for 17 July 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, AUDUSD, and […]

Jul 17
Brent dips below 68.00

Brent quotes remain under pressure, trading slightly below 68.00 amid concerns about a global economic slowdown. Discover more in our analysis for 17 July 2025. Brent forecast: key trading points Market focus: US crude oil inventories fell by 3.85 million barrels (expected decline of 1.8 million barrels), according to the Energy Information Administration (EIA) Current trend: […]

Jul 17
Costco Wave Analysis – 16 July 2025

Costco: ⬇️ Sell – Costco broke the support area – Likely to fall to support level 940.00 Costco recently broke the support area located between the pivotal support level 970.00 and the 50% Fibonacci correction of the upward impulse from April. The breakout of this support area accelerated the C-wave of the active ABC correction […]

Jul 17
Trip Wave Analysis – 16 July 2025

Trip: ⬇️ Sell – Trip reversed from resistance area – Likely to fall to support level 16.00 Trip recently reversed down from the resistance area located at the intersection of the strong resistance level 18.00, upper weekly Bollinger Band and the 38.2% Fibonacci correction of the weekly downtrend from 2024. The downward reversal from this […]