Day: July 31, 2025
USDCAD: ⬆️ Buy – USDCAD broke resistance zone – Likely rise to resistance level 1.3900 USDCAD currency pair recently broke the resistance zone located between the resistance level 1.3785 (upper border of the sideways price range from the start of June) and the 50% Fibonacci correction of the downward impulse from May. The breakout of this […]
USDJPY: ⬆️ Buy – USDJPY broke resistance zone – Likely rise to resistance level 152.00 USDJPY currency pair recently broke the resistance zone located between the resistance level 148.85 (which stopped earlier waves A and i) and the 50% Fibonacci correction of the downward impulse from January. The breakout of this resistance zone accelerated the active […]
The USDJPY pair pulled back to 148.57 after reaching a new peak. The strong US dollar remains a threat to the yen. Discover more in our analysis for 31 July 2025. USDJPY forecast: key trading points The USDJPY pair hit a four-month high and is now declining The Bank of Japan kept the interest rate […]
Ahead of US jobless claims data, XAUUSD may head towards the 3,340 USD level. Discover more in our analysis for 31 July 2025. XAUUSD forecast: key trading points US continuing jobless claims: previously at 1.955 million, projected at 1.960 million US initial jobless claims: previously at 217 thousand, projected at 222 thousand Current trend: moving […]
The JP 225 stock index is completing a downward correction within a broader uptrend. The JP 225 forecast for today is positive. JP 225 forecast: key trading points Recent data: Tokyo core CPI in Japan preliminarily came in at 2.9% year-on-year in July Market impact: inflation falling below expectations may positively impact the stock market, […]
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 EURJPY, USDCAD, and […]
EURJPY: ⬇️ Sell – EURJPY reversed from the resistance zone – Likely fall to support level 169.60 EURJPY currency pair recently reversed down from the resistance zone between the resistance level 174.00, the upper daily Bollinger Band and the resistance trendline of the daily up channel from February. The downward reversal from this resistance zone […]
Gold: ⬇️ Sell – Gold falling inside wave b – Likely fall to support level 3250.00 Gold is under bearish pressure after the price broke the two upward-sloping support trendlines from May and February. The breakout of these support trendlines accelerated the active short-term correction b – which belongs to the impulse wave 3 from […]
Brent prices are correcting after a sharp rally, having reached a six-week high. The current quote stands at 72.05 USD. Find more details in our analysis for 31 July 2025. Brent forecast: key trading points The US announced plans to impose sanctions on Russian oil imports US commercial crude inventories rose by 7.7 million barrels […]
The EURUSD rate corrected to the 1.1400 area after the Fed decided to keep rates unchanged and following a slowdown in eurozone GDP growth. Find more details in our analysis for 31 July 2025. EURUSD forecast: key trading points Market focus: the Federal Reserve kept the key interest rate unchanged at 4.5% Current trend: downtrend […]