Category: Technial Analysis
USDJPY: ⬆️ Buy – USDJPY reversed from the support area – Likely to rise to the resistance level 144.65 USDJPY currency pair recently reversed up from the support area between the long-term support level 140.00 (former multi-month low from September) and the lower daily Bollinger Band. The upward reversal from this support area stopped the […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 23 April 2025. EURUSD forecast On the H4 chart, EURUSD completed a decline to 1.1307 and corrected to 1.1396. Today, 23 April 2025, the market may decline further to 1.1295. A subsequent correction to 1.1426 is […]
XAUUSD quotes pulled back from their all-time high of 3,500 USD and began to correct following signals of possible tariff relief for China from President Trump. Find out more in our analysis for 23 April 2025. XAUUSD forecast: key trading points Market focus: Trump says final tariffs on Chinese imports will be much lower than the […]
Nikkei 225: ⬆️ Buy – Nikkei 225 broke the resistance area – Likely to rise to resistance level 36355.00 Nikkei 225 index recently broke the resistance area between the pivotal resistance level 35000.00 (which stopped the previous correction 2, former strong support from September) and the 61.8% Fibonacci correction of the downward impulse from March. […]
EURCHF: ⬆️ Buy – EURCHF broke the resistance area – Likely to rise to resistance level 0.9500 EURCHF currency pair recently broke the resistance area between the resistance level 0.9365 (former strong support from the start of 2025) and the 38.2% Fibonacci correction of the downward impulse from March. The breakout of this resistance area […]
The EURUSD pair declined to 1.1378. The White House made efforts to calm investors. Find more details in our analysis for 23 April 2025. EURUSD forecast: key trading points The EURUSD pair has fallen as part of a correction but could quickly resume its upward movement The tone from the White House has shifted again […]
The USDJPY rate is strengthening as trade tensions ease between the US and China, currently standing at 141.88. Discover more in our analysis for 23 April 2025. USDJPY forecast: key trading points US-China trade concerns ease Geopolitical tensions decline, supporting the US dollar The au Jibun Bank Japan Composite PMI rose to 51.1 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 are not investment recommendations. Trade ideas for EURUSD, USDJPY, and XAUUSD […]
Positive UK data may trigger a GBPUSD rally towards 1.3420. Discover more in our analysis for 23 April 2025. GBPUSD forecast: key trading points UK services PMI: previously at 52.2, projected at 51.5 US services PMI: previously at 54.4, projected at 52.8 GBPUSD forecast for 23 April 2025: 1.3420 and 1.3240 Fundamental analysis The services […]
The EURUSD rate is gaining for the third consecutive trading session, currently trading at 1.1530. Find out more in our analysis for 22 April 2025. EURUSD forecast: key trading points President Donald Trump intensifies criticism of Fed Chairman Jerome Powell Traders are concerned about growing tension between the White House and the Federal Reserve EURUSD […]