Category: Technial Analysis
EURUSD: ⬆️ Buy – EURUSD broke daily down channel – Likely to rise to resistance level 1.1370 EURUSD currency pair continues to rise inside the minor impulse wave (3), which started earlier from the strong support level 1.1130 intersecting with the support trendline of the daily down channel from April. The support level 1.1130 was strengthened by […]
Silver: ⬆️ Buy – Silver reversed from support level 31.70 – Likely to rise to resistance level 33.50 Silver recently reversed from the pivotal support level 31.70 (which stopped the previous minor wave a at the end of April, as can be seen from the daily Silver chart below). The support level 31.70 was further strengthened by the […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 20 May 2025. Table of Contents (H2) EURUSD forecast On the H4 chart of EURUSD, the market continues to form a consolidation range around 1.1212. Today, 20 May 2025, an upward expansion to 1.1300 (tested from […]
The USDJPY rate has plunged below the 145.00 level amid Moody’s downgrade of the US credit rating and anticipation of upcoming trade talks. Find out more in our analysis for 20 May 2025. USDJPY forecast: key trading points Market focus: US-Japan trade negotiations to take place this Friday Current trend: moving downwards USDJPY forecast for […]
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, USDCAD, and […]
Brent is hovering at 65.53 USD per barrel on Tuesday. Market focus remains on developments involving Iran, dialogue with Russia, and China’s statistics. Discover more in our analysis for 20 May 2025. Brent forecast: key trading points Brent prices edged higher and stabilised amid a heavy news flow China’s data and the Iran issue may […]
Adobe: ⬆️ Buy – Adobe broke resistance area – Likely to rise to resistance level 440.00 Adobe recently broke the resistance area between the resistance level 403.60 (which stopped the previous minor corrective wave iv) and the 50% Fibonacci correction of the downward impulse from February. The breakout of this resistance zone continues the active […]
Natural Gas: ⬇️ Sell – Natural Gas broke support zone – Likely to fall to support level 240.00 Natural Gas recently broke the support zone between the support level 3.600 (which stopped the previous wave B) and the 50% Fibonacci correction of the previous ABC correction (B) from April. The breakout of this support zone […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 19 May 2025. Table of Contents (H2) EURUSD forecast On the H4 chart of EURUSD, the market continues to develop a consolidation range around the 1.1200 level. Today, 19 May 2025, if the price breaks upwards, […]
Despite weaker economic indicators from Japan, the USDJPY forecast appears optimistic for the US dollar, with the USDJPY rate likely to advance towards 146.50. Discover more in our analysis for 19 May 2025. USDJPY forecast: key trading points Japan’s Tertiary Industry Activity Index: previously at 0.5%, currently at -0.3% US Leading Economic Index: previously at […]