News

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The court ruling that repealed tariffs imposed by the current US administration boosted investor optimism and global stock indices.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 […]