Category: Technial Analysis

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. […]

Apr 29
Triangle on the EURUSD chart: traders expect growth to 1.1535

The EURUSD pair is rising after rebounding from a support level, with the price currently at 1.1374. Find more details in our analysis for 28 April 2025. EURUSD forecast: key trading points The US Consumer Sentiment Index fell to 52.2 points in April Labour market expectations in the US remain weak EURUSD forecast for 28 […]

Apr 29
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 28 April 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 28 April 2025. EURUSD forecast On the H4 chart, EURUSD is forming a narrow consolidation range around 1.1360. Today, 28 April 2025, a decline towards 1.1280 is expected, followed by a correction towards 1.1420. Afterwards, the […]

Apr 29
GE Aerospace Wave Analysis – 28 April 2025

GE Aerospace ⬆️ Buy – GE Aerospace broke resistance area – Likely to rise to resistance level 205.00 GE Aerospace recently broke the resistance area between the round resistance levels 200.00, 193.60 and the 61.8% Fibonacci correction of the downward impulse from March. The breakout of this resistance area accelerated the active short-term impulse wave […]

Apr 29
GBPNZD Wave Analysis – 28 April 2025

GBPNZD: ⬆️ Buy – GBPNZD reversed from the support area – Likely to rise to resistance level 2.2600 GBPNZD currency pair recently reversed from the support area between the support level 2.2220, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from January. The upward reversal from this support area stopped […]

Apr 28
USDJPY rises above 143.00; will growth continue?

The USDJPY pair climbed to the 144.00 area amid easing trade tensions and ongoing negotiations. Find out more in our analysis for 28 April 2025. USDJPY forecast: key trading points Market focus: ongoing tariff negotiations between the US and Japan Current trend: correcting upwards USDJPY forecast for 28 April 2025: 144.00 and 143.00 Fundamental analysis […]

Apr 28
Texas economy cracks: what is next for Gold (XAUUSD)

The deterioration in US economic indicators could trigger an upward movement in XAUUSD towards 3,425 USD. Discover more in our analysis for 28 April 2025. XAUUSD forecast: key trading points Dallas Fed Manufacturing Index (US): previously at -16.3, projected at -16.7 Current trend: moving upwards XAUUSD forecast for 28 April 2025: 3,250 and 3,425 Fundamental […]

Apr 28
Top 3 trade ideas for 28 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 USDCHF, USDJPY, and EURUSD […]

Apr 28
USDCAD: sideways movement for now, but further decline expected

The USDCAD pair is hovering around 1.3863. The market is assessing the prospects of easing US-China trade tensions and closely following the Canadian elections. Discover more in our analysis for 28 April 2025. USDCAD forecast: key trading points The USDCAD pair has paused its sharp decline, entering a sideways trading channel, but the outlook remains […]