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Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 12 May 2025. EURUSD forecast On the H4 chart, EURUSD broke below 1.1300 and continues its downward wave towards 1.1150, a local target. Today, 12 May 2025, the price reached 1.1192. A corrective move towards 1.1300 […]
The USDJPY pair is climbing amid disappointing data from Japan, with the price currently at 146.07. Find more details in our analysis for 12 May 2025. USDJPY forecast: key trading points Japan’s current economic conditions index dropped to its lowest since February 2022 Tokyo’s economic outlook index fell to its weakest since April 2021 USDJPY […]
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 are not investment recommendations. Trade ideas for EURUSD, USDJPY, and USDCHF […]
The USDCAD rate closed last week with solid gains, consolidating above the 1.3900 level. The pair now shows potential for further upside. Discover more in our analysis for 12 May 2025. USDCAD forecast: key trading points Market focus: trade tensions between the US and China are easing after high-level talks in Switzerland over the weekend […]
Trump Coin: ⬆️ Buy – Trump Coin reversed from support area – Likely to rise to resistance level 16.000 Trump Coin recently reversed up from the strong support area between the round support level 10.00 (which also reversed the price in March) and the 61.8% Fibonacci correction of the ABC correction (2) from April. The […]
USDCAD: ⬆️ Buy – USDCAD reversed from support area – Likely to rise to resistance level 1.3980 USDCAD currency pair recently reversed up from the support area between the support level 1.3800 (which has been reversing the price from April), lower daily Bollinger Band and the support trendline of the daily down channel from March. […]