Category: Technial Analysis

Apr 16
GBPUSD Wave Analysis – 16 April 2025

GBPUSD: ⬆️ Buy – GBPUSD broke key resistance level 1.3200 – Likely to rise to the resistance level 1.3400 GBPUSD currency pair is rising sharply after the recent breakout of the key resistance level 1.3200, which stopped the previous minor impulse wave A at the start of April. The breakout of the resistance level 1.3200 […]

Apr 16
FTSE 100 Wave Analysis – 15 April 2025

FTSE 100: ⬆️ Buy – FTSE 100 index broke the resistance zone – Likely to rise to resistance level 8450.00 FTSE 100 index today broke the resistance zone between the resistance level 8170.00 (which stopped the previous sharp upward correction at the start of this month) and the 50% Fibonacci correction of the sharp downward impulse (C) […]

Apr 16
EURGBP Wave Analysis – 15 April 2025

EURGBP: ⬇️ Sell – EURGBP reversed from the resistance zone – Likely to fall to support level 0.8460 EURGBP currency pair recently reversed down from the resistance zone between the resistance levels 0.8735 (former strong resistance from 2023) and 0.8625 (which reversed the price twice from the start of this year September.) This resistance zone was strengthened […]

Apr 16
Trump unsettles the stock market. Alphabet stock may test the 188 USD resistance level

Alphabet’s stock is undergoing a correction towards the trendline at 135 USD, but it may first test the 188 USD resistance level. Uncertainty surrounding Donald Trump’s tariff policy has significantly increased volatility in Alphabet Inc. (NASDAQ: GOOG) stock. The company is set to release its Q1 2025 report at the end of April, which will […]

Apr 16
Platinum Wave Analysis – 15 April 2025

Platinum: ⬆️ Buy – Platinum reversed from support level 905.00 – Likely to rise to the resistance level 970.00 Platinum recently reversed up from the strong long-term support level 905.00 (which has been reversing the price since April of 2024), standing near the lower daily Bollinger Band. The upward reversal from the support level 905.00 […]

Apr 16
USDJPY Wave Analysis – 15 April 2025

USDJPY: ⬆️ Buy – USDJPY reversed from long-term support level 142.00 – Likely to rise to the resistance level 144.65 USDJPY currency pair recently reversed up from the support zone between the long-term support level 142.00 (which has been reversing the price from the end of 2023), support trendline of the weekly down-channel from January […]

Apr 15
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 15 April 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 15 April 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a downward wave to 1.1295 and a correction to 1.1380. Currently, a new downward structure is forming towards 1.1250. Today, 15 April […]

Apr 15
Double data hit — can upcoming reports lift USDJPY out of correction?

Positive US data could trigger a corrective rebound in USDJPY toward 144.00. Full details in our analysis for 15 April 2025. USDJPY forecast: key trading points NY Empire State Manufacturing Index (USA): previous – -20.0, forecast – -12.8 Redbook Retail Sales Index (USA): previous – 7.2%, forecast – 7.2% USDJPY forecast for 15 April 2025: […]

Apr 15
Top 3 forex trade ideas from Acuity Trading for 15 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 USDCAD, EURUSD, and GBPUSD […]

Apr 15
EURUSD holds firm — ECB President Lagarde’s speech in focus today

EURUSD remains steady above 1.1300, as markets await ECB President Christine Lagarde’s speech, which could be a catalyst for further upside. Full details in our analysis for 15 April 2025. EURUSD forecast: key trading points Market focus: ECB President Christine Lagarde to deliver remarks today Current trend: upward EURUSD forecast for 15 April 2025: 1.1500 […]