Category: Technial Analysis
The USDJPY pair continues to strengthen ahead of the key US jobs report release, currently trading at 143.93. Discover more in our analysis for 6 June 2025. USDJPY forecast: key trading points Investors adopt a wait-and-see approach ahead of the US Nonfarm Payrolls release Speculation of BoJ policy tightening grows but remains insufficient to lift […]
USDJPY: ⬆️ Buy – USDJPY reversed from the support area – Likely to rise to the resistance level 146.00 USDJPY currency pair recently reversed from the support area between the support level 142.50 (which has been reversing the price from the end of April) and the lower daily Bollinger Band. The price earlier formed multiple consecutive […]
EURUSD: ⬇️ Sell – EURUSD reversed from the resistance zone – Likely to fall to support level 1.1350 EURUSD currency pair recently reversed down from the resistance zone located between the key resistance level 1.1475 (which has been reversing the price from the start of April) and the upper daily Bollinger Band. The downward reversal from […]
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 XAUUSD, AUDUSD, and […]
The forecast for 6 June 2025 favours the Australian dollar, with the pair potentially extending a correction towards 0.6475. Find more details in our analysis for 6 June 2025. AUDUSD forecast: key trading points The AUDUSD pair is forming a corrective wave US Nonfarm Payrolls: previously at 177 thousand, projected at 127 thousand AUDUSD forecast […]
Gold continues to form a pullback, and prices may fall to 3,338 USD as part of a corrective wave. Discover more in our analysis for 5 June 2025. XAUUSD forecast: key trading points US initial jobless claims: previously at 240 thousand, projected at 236 thousand Current trend: moving upwards XAUUSD forecast for 5 June 2025: […]
Dogecoin : ⬇️ Sell – Dogecoin broke key round support level 0.2000 – Likely to fall to support level 0.1600 Dogecoin cryptocurrency is under bearish pressure after the earlier breakout of the key round support level 0.2000 (former strong resistance from March) coinciding with the support trendline of the daily up channel from March. The […]
Costco: ⬇️ Sell – Costco reversed from the resistance zone – Likely to fall to support level 985.00 Costco recently reversed down sharply from the resistance zone located between the key resistance 1080.00 (which stopped the previous impulse wave 5) and the upper weekly Bollinger Band. The downward reversal from this resistance zone stopped the earlier weekly […]
The EURUSD pair is correcting despite persistent pressure on the US dollar from weak macroeconomic data. Find out more in our analysis for 5 June 2025. EURUSD forecast: key trading points The ADP report showed the US private sector added only 37 thousand jobs in May The US ISM services PMI fell to 49.9 points […]
Brent prices fell below 65 USD on Thursday as the market grew uneasy about a global oil glut. Find more details in our analysis for 5 June 2025. Brent forecast: key trading points Brent crude remains under pressure due to the potential rise in global supply Asian demand for crude is declining Brent forecast for […]