Market Analysis
Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
Disclaimer: Market Analysis is published for informational purposes only and should not be considered as investment advice, recommendations, or suggestions for performing any action with financial instruments. The analysis belongs to their respective authors and “Brokers Watch” is not responsible for their content.
Gold (XAUUSD) prices dropped to 3,270 USD. The easing of tariff risks has dampened demand for safe-haven assets. Discover more in our analysis for 29 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) quotes are falling for the third consecutive day as risk appetite grows Strengthening of the US dollar adds to pressure on […]
Bitcoin: ⬇️ Sell – Bitcoin broke daily up channel – Likely to fall to support level 105,000.00 Bitcoin cryptocurrency recently broke the support trendline of the sharp daily up channel from the start of April intersecting with the 50% Fibonacci correction of the upward impulse from the middle of May. The breakout of this up […]
GBPJPY: ⬇️ Sell – GBPJPY reversed from the key resistance level 196.00 – Likely to fall to support level 193.00 GBPJPY currency pair recently reversed down from the key resistance level 196.00(which has been reversing the price from March) intersecting with the upper daily Bollinger Band. The downward reversal from this resistance level 196.00 created […]
The EURUSD pair came under pressure following a US Trade Court ruling and the release of the latest FOMC meeting minutes. Find out more in our analysis for 29 May 2025. EURUSD forecast: key trading points Market focus: the US Court of International Trade blocked President Donald Trump’s tariffs Current trend: correcting downwards EURUSD forecast for […]
A sharp drop in US GDP and a rise in initial jobless claims may push the USDJPY pair lower towards the 144.70 level. Find more details in our analysis for 29 May 2025. USDJPY forecast: key trading points US Q1 GDP: previously at 2.4%, currently at -0.3% US initial jobless claims: previously at 227 thousand, […]
EURCAD: ⬆️ Buy – EURCAD reversed from the support zone – Likely to rise to resistance level 1.5755 EURCAD currency pair recently reversed up from the support zone between the support level 1.5550 and the support trendline of the daily Triangle from March. The support level 1.5550 was further strengthened by the lower daily Bollinger […]
Microsoft: ⬇️ Sell – Microsoft reversed from resistance zone – Likely to fall to support level 447.00 Microsoft recently reversed down from the resistance zone located between the resistance levels 465.00 (which stopped the weekly uptrend in 2024) and 455.00 (top of wave (B) from the end of 2024). This resistance zone was further strengthened […]
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 […]
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 […]
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 […]
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 […]
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 […]