Category: Technial Analysis
Amid Japan’s economic data, the USDJPY rate may form a downward wave towards 143.30. Details – in our analysis for 4 July 2025. USDJPY forecast: key trading points Japan Household Spending Index: previous value -1.8%, actual – 4.6% BoJ continues attempts to reduce inflation USDJPY forecast for 4 July 2025: 143.30 Fundamental analysis The Household […]
EURCAD: ⬇️ Sell – EURCAD reversed from resistance zone – Likely to fall to support level 1.5800 EURCAD currency pair recently reversed down from the major resistance zone located between the strong resistance level 1.6150 (former yearly high from 2018) and the resistance level 1.5965 (former Double Top from 2020). The downward reversal from this […]
EURJPY: ⬆️ Buy – EURJPY broke resistance level of 169.55 – Likely to rise to resistance level 72.00 EURJPY currency pair recently broke above the key resistance level 169.55 (which reversed the price multiple times at the end of June, as can be seen from the daily EURJPY chart below). The breakout of the resistance […]
The increase in initial jobless claims in the US may trigger a rise in XAUUSD quotes towards the 3,400 USD mark. Details – in our analysis for 3 July 2025. XAUUSD forecast: key trading points Number of initial jobless claims in the US: previous value – 236K, forecast – 240K US Services PMI: previous value – […]
GBPCHF: ⬆️ Buy – GBPCHF reversed from strong support level 1.0785 – Likely to rise to resistance level 1.0950 GBPCHF currency pair recently reversed up from the strong support level 1.0785 (which has been steadily reversing the price from last August as can be seen below). The upward reversal from the support level 1.0785 created […]
JPMorgan: ⬆️ Buy – JPMorgan broke key resistance level 280.00 – Likely to rise to resistance level 300.00 JPMorgan recently broke above the key resistance level 280.00 (which stopped the earlier sharp upward impulse wave (5) in February). The breakout of the resistance level 280.00 accelerated the active impulse wave 3 of the medium-term impulse […]
USDJPY moves lower to 143.79. The market awaits US data and monitors trade news. Details – in our analysis for 3 July 2025. USDJPY forecast: key trading points USDJPY pair continues to decline with no signs of stopping Market focus – US trade deals and rising pressure on Japan USDJPY forecast for 3 July 2025: […]
Brent quotes decline after three days of growth amid an unexpected increase in US oil inventories. Current quote – 68.26 USD. Details – in our analysis for 3 July 2025. Brent forecast: key trading points US commercial crude oil inventories increased by 3.845 million barrels OPEC+ considers increasing oil production from August Market awaits the US […]
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 XAGUSD, USDJPY, and […]
The JP 225 stock index has reached its highest levels since the end of January 2025. The forecast for JP 225 today is positive. JP 225 forecast: key trading points Recent data: preliminary Manufacturing PMI for June in Japan stood at 50.1 Market impact: PMI returning above 50 can strengthen investor confidence, supporting the Japanese […]