Category: Technial Analysis

Jul 21
Weekly technical analysis and forecast (21-25 July 2025)

This weekly technical analysis highlights the key chart patterns and levels for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, gold (XAUUSD), and Brent crude oil to forecast market moves for the upcoming week (21-25 July 2025). Major technical levels to watch this week EURUSD: Support: 1.1515-1.1266. Resistance: 1.1670-1.1880 USDJPY: Support: 147.00-142.00. Resistance: 151.00-152.00 GBPUSD: Support: 1.3300-1.3120. Resistance: […]

Jul 21
US 30 forecast: the index has shifted to a downtrend

The US 30 stock index has once again shown instability and broken below the support level, indicating a shift to a downtrend. Today’s US 30 forecast is negative. US 30 forecast: key trading points Recent data: weekly US initial jobless claims came in at 221 thousand Market impact: this is a positive signal for US […]

Jul 21
Top 3 trade ideas for 21 July 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 do not constitute investment advice. Trade ideas for USDCAD, XAUUSD, and […]

Jul 21
USDCAD in a Triangle – a breakout below 1.3665 could open the way to new lows

The USDCAD rate remains under bearish pressure amid expectations of a Federal Reserve rate cut, currently standing at 1.3717. Discover more in our analysis for 21 July 2025. USDCAD forecast: key trading points The US Consumer Confidence Index rose to 61.8 points in July Fed Governor Christopher Waller voiced support for a rate cut in […]

Jul 19
EURNZD Wave Analysis – 18 July 2025

EURNZD: ⬇️ Sell – EURNZD reversed from the resistance area – Likely to fall to support level 1.9400 EURNZD currency pair recently reversed down from the resistance area between the major long-term resistance level 1.9655 (which has been reversing the price from the start of 2020) and the upper weekly Bollinger Band. The downward reversal […]

Jul 19
Bank of America Wave Analysis – 18 July 2025

Bank of America: ⬆️ Buy – Bank of America reversed from support area – Likely to rise to resistance level 40550.00 Bank of America recently reversed up with the daily Morning Star from the support area located between the support level 45.00 (former resistance from May and June) and the lower daily Bollinger Band. This […]

Jul 18
IBM Wave Analysis – 18 July 2025

IBM: ⬆️ Buy – IBM reversed from support zone – Likely to rise to resistance 295.40 IBM recently reversed up from the support zone between the support level 280.00, upper trendline of the recently broken weekly up channel from 2024 and the support trendline of the more recent up channel from April. This support zone […]

Jul 18
Ebay Wave Analysis – 18 July 2025

Ebay: ⬆️ Buy – Ebay rising inside impulse wave (3) – Likely to rise to resistance 80.00 Ebay continues to rise inside the impulse wave (3) of the long-term upward impulse wave 3 from the end of June. The active long-term impulse wave 3 started earlier from the support zone between the support level 74.00, […]

Jul 18
Gold (XAUUSD) reverses upwards from support at 3,310 USD

XAUUSD prices have halted their decline and are reversing upwards after finding support near the 3,310 USD area. Discover more in our analysis for 18 July 2025. XAUUSD forecast: key trading points Market focus: US retail sales rose by 0.6% in June, above the forecast of 0.1% Current trend: trading within a sideways range XAUUSD […]

Jul 18
Strong US data crushes hopes for EURUSD growth

Although EURUSD quotes are attempting to recover, strong US macroeconomic data continues to strengthen the dollar’s position. The price currently stands at 1.1614. Find more details in our analysis for 18 July 2025. EURUSD forecast: key trading points Initial jobless claims fell to 221 thousand Retail sales in June rose by 0.6% month-on-month, far exceeding […]