News

Apr 29
EURUSD back at the forefront of demand: markets eye a new wave of risk

The EURUSD pair is hovering around 1.1387 on Tuesday. Risks of a US trade war weigh against the US dollar. Find out more in our analysis for 29 April 2025. EURUSD forecast: key trading points The EURUSD pair is poised to resume growth due to US trade risks China states it is not holding talks […]

Apr 29
Oil loses recovery momentum

The price of crude oil was down by about 3% so far this week, having encountered sellers’ resistance at $63 for WTI. A week earlier, the resistance was at $64/bbl. In early April, oil collapsed due to fears of a global slowdown due to tariffs (less demand) and OPEC+’s intention to raise production (more supply). […]

Apr 29
Top 3 trade ideas for 29 April 2025

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 XAUUSD, GBPUSD, and EURJPY […]

Apr 29
Brent falls, or just a correction before growth

A decline in US consumer confidence may weigh on the US dollar and propel Brent prices towards 66.50 USD. Find more details in our analysis for 29 April 2025. Brent forecast: key trading points Brent crude oil prices continue to correct The CB US Consumer Confidence Index: previously at 92.9, projected at 87.7 Brent forecast […]

Apr 29
EURGBP Wave Analysis – 28 April 2025

EURGBP: ⬇️ Sell – EURGBP broke support area – Likely to fall to support level 0.8450 EURGBP currency pair recently broke the support area between the key support level 0.8525 (which stopped the previous waves iv and A) and the 38.2% Fibonacci correction of the upward impulse from February. The breakout of the support level […]

Apr 29
EURJPY Wave Analysis – 28 April 2025

EURJPY: ⬇️ Sell – EURJPY reversed from resistance area – Likely to fall to support level 161.25 EURJPY currency pair recently reversed down from the resistance area between the resistance level 164.00 (which has been reversing the price from January), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from July. […]