Category: Technial Analysis
General Electric: ⬆️ Buy – General Electric broke resistance zone – Likely to rise to resistance level 240.00 General Electric recently broke the resistance zone between the key resistance level 212.00 (which stopped the previous waves 3 and b) and the resistance trendline of the weekly up channel from the end of 2023. The breakout […]
AT&T: ⬆️ Buy – AT&T reversed from support zone – Likely to rise to resistance level 28.35 AT&T recently reversed up with the daily Morning Star from the support zone between the key support level 26.00, 38.2% Fibonacci correction of the upward impulse from January and the lower daily Bollinger Band. The active impulse wave […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 16 May 2025. EURUSD forecast On the H4 chart of EURUSD, the market continues developing a consolidation range around the 1.1180 level. Today, 16 May 2025, if the price breaks upwards, a further correction to 1.1294 […]
The USDJPY rate continues to decline, with even disappointing macroeconomic data from Japan not preventing the yen from strengthening. Find more details in our analysis for 16 May 2025. USDJPY forecast: key trading points Japan’s economy contracted by 0.2% quarter-on-quarter in Q1 2025 Industrial production in Japan rose by 0.2% month-on-month in March USDJPY forecast […]
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 XAUUSD, AUDUSD, and […]
The AUDUSD rate reversed to the upside, rising to 0.6450 amid weaker-than-expected US inflation. Discover more in our analysis for 16 May 2025. AUDUSD forecast: key trading points Market focus: US inflation is falling, with the April Producer Price Index (PPI) at 2.4% (projected at 2.5%) Current trend: trending upwards AUDUSD forecast for 16 May […]
The EURUSD pair remains stable around 1.1195. The market has a plethora of crucial statistics ahead. Find out more in our analysis for 15 May 2025. EURUSD forecast: key trading points The market believes the White House may be intentionally weakening the US dollar Focus shifts to a large batch of key data releases due […]
The USDJPY rate continues to decline as sellers gear up for another attempt to test the key support level. The price currently stands at 146.03. Discover more in our analysis for 15 May 2025. USDJPY forecast: key trading points Weak US inflation data supported the Japanese yen The USDJPY pair remains under pressure amid ongoing […]
The rise in US crude oil inventories triggered a correction in Brent quotes, with prices possibly reaching the support level around 63 USD. Discover more in our analysis for 15 May 2025. Brent forecast: key trading points Brent oil prices continue their correction US crude oil inventories: previously at -2.032 million, currently at 3.454 million […]
Gold: ⬆️ Buy – Gold reversed from support zone – Likely to rise to resistance level 3300.00 Gold recently reversed up from the support zone located between the pivotal support level 3155.00 (former top of the impulse wave 3 from the start of April), lower daily Bollinger Band and the 61.8% Fibonacci correction of the […]