Category: Technial Analysis

Jun 09
Palladium Wave Analysis – 9 June 2025

Palladium: ⬆️ Buy – Palladium broke resistance area – Likely to rise to the resistance level 1100.00 Palladium previously broke the resistance area between the resistance level 1033.50 (which has been reversing the price from November) and the 50% Fibonacci correction of the downward ABC correction (B) from October. The breakout of this resistance area […]

Jun 09
Daily technical analysis and forecast for 9 June 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 9 June 2025. EURUSD forecast On the H4 chart of EURUSD, the market is shaping a downward wave towards 1.1365. Today, 9 June 2025, this target is expected to be reached, followed by a correction to […]

Jun 09
The dollar falls, the loonie celebrates: what’s next for USDCAD

A stronger Canadian labour market supports the loonie and could push USDCAD down towards the support level at 1.3630. Discover more in our analysis for 9 June 2025. USDCAD forecast: key trading points Canada adds more new jobs The Bank of Canada may keep rates unchanged in July USDCAD forecast for 9 June 2025: 1.3725 […]

Jun 09
Top 3 trade ideas for 9 June 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 GBPUSD, USDJPY, and […]

Jun 09
Japanese economy slows down, but USDJPY may continue to climb

USDJPY is pulling back, but the bullish impulse remains, suggesting a possible continuation of growth once the current correction ends. Discover more in our analysis for 9 June 2025. USDJPY forecast: key trading points Japan’s GDP remained flat in Q1 2025 Japan’s Services PMI rose to 44.4 in May 2025 USDJPY forecast for 9 June […]

Jun 06
Gold (XAUUSD) in positive territory as markets brace for US jobs data

Gold (XAUUSD) prices are hovering around 3,370 USD on Friday. As the US prepares to release its May labour market data, investors seek safe-haven assets. Find out more in our analysis for 6 June 2025. XAUUSD forecast: key trading points Gold (XAUUSD) prices rise on strong demand for safe havens Weak US data continues to […]

Jun 06
EURUSD may climb as weak US data weighs on the dollar

The EURUSD pair is hovering around 1.1440 on Friday. Market participants are awaiting key US labour market reports for May. Discover more in our analysis for 6 June 2025. EURUSD forecast: key trading points The EURUSD pair rose ahead of crucial US employment data Trump’s tariffs increasingly impact the economy EURUSD forecast for 6 June […]

Jun 06
Gold Wave Analysis – 6 June 2025

Gold: ⬇️ Sell – Gold reversed from resistance area – Likely to fall to support level 3250,00 Gold recently reversed down from the resistance area between the key resistance level 3400.00 (which has been reversing the price from April) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the earlier […]

Jun 06
AUDJPY Wave Analysis – 6 June 2025

AUDJPY: ⬆️ Buy – AUDJPY broke resistance area – Likely to rise to resistance level 95.30 AUDJPY currency pair recently broke the resistance area between the resistance level 93.75 (top of the previous B-wave from the end of May) and the 50% Fibonacci correction of the downward impulse A from last month. The breakout of this […]

Jun 06
Daily technical analysis and forecast for 6 June 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 6 June 2025. EURUSD forecast On the H4 chart of EURUSD, the market completed a growth wave to 1.1494, reaching the projected target. Today, 6 June 2025, a downward wave to 1.1417 followed by a rebound […]