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EURCAD: ⬆️ Buy – EURCAD reversed from support level 1.5950 – Likely to rise to resistance level 1.6100 EURCAD currency pair recently reversed up from the strong support level 1.5950 (former double top from April, acting as the support after it was broken). The upward reversal from the support level 1.5950 continues the active short-term […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 4 July 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a downward wave to 1.1717 and corrected to 1.1788. The market has effectively defined the boundaries of a consolidation range around 1.1717. […]
The decline in Australia’s trade balance may trigger a correction in the AUDUSD rate to 0.6545. Details – in our analysis for 4 July 2025. AUDUSD forecast: key trading points Australia’s trade balance: previous value – 4.859 bln, forecast – 2.238 bln AUDUSD is forming a corrective wave AUDUSD forecast for 4 July 2025: 0.6545 […]
This week, the US Tech stock index reached a new all-time high and aims to repeat this success. The forecast for US Tech today is positive. US Tech forecast: key trading points Recent data: Nonfarm Payrolls for June in the US reached 147,000 Market impact: this is generally perceived as positive for stocks, as it […]
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 […]
XAUUSD quotes are recovering due to rising safe-haven demand amid budgetary and trade risks. Current quote – 3,339 USD. Details – in our analysis for 4 July 2025. XAUUSD forecast: key trading points In June, US companies created 147,000 new jobs US unemployment rate fell to 4.1% instead of the expected 4.3% XAUUSD forecast for 4 […]