Gold is forming a corrective wave ahead of a potential rise towards the 3,420 USD level. Find more details in our analysis for 6 August 2025. XAUUSD forecast: key trading points Speech by Federal Reserve Governor Lisa D. Cook Current trend: moving upwards XAUUSD forecast for 6 August 2025: 3,420 Fundamental analysis Today’s XAUUSD analysis […]
The USDJPY pair has declined, albeit temporarily. The Bank of Japan still has no room to raise interest rates. Find out more in our analysis for 6 August 2025. USDJPY forecast: key trading points The USDJPY pair is slightly edging down, but the yen faces many internal challenges Household income data limits the BoJ’s ability […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 6 August 2025. EURUSD forecast On the H4 chart of EURUSD, the market continues to develop a compact consolidation range around 1.1566 without a clear trend. A Pennant structure has formed. Today, 6 August 2025, the […]
The US 500 index has entered a short-term downtrend. The US 500 forecast for today is negative. US 500 forecast: key trading points Recent data: US services PMI for July came in at 55.7 Market impact: a higher-than-expected PMI reading reflects strong demand and activity in the services sector, which typically supports stock market growth […]
Trade ideas for USDCHF, USDJPY, and XAGUSD are available today. The ideas expire on 7 August 2025 at 8:00 AM (GMT +3). USDCHF trade idea The USDCHF currency pair has been undergoing a bullish correction for the third consecutive session. However, selling pressure remains. The current rally continues to attract bears. Intraday, the price is […]
The EURUSD rate is strengthening, reaching the 1.1600 area amid rising producer price inflation in the eurozone. Discover more in our analysis for 6 August 2025. EURUSD forecast: key trading points Market focus: today, the market awaits eurozone retail sales data Current trend: moving upwards EURUSD forecast for 6 August 2025: 1.1700 or 1.1500 Fundamental […]
Investors remain cautiously optimistic about GBPUSD amid a weakening US dollar, with the price currently at 1.3306. Discover more in our analysis for 6 August 2025. GBPUSD forecast: key trading points The US ISM services PMI fell to 50.1 in July The ISM report indicates almost complete stagnation in the services sector GBPUSD forecast for […]
XAUUSD prices continue to strengthen, taking advantage of the weaker dollar after disappointing US Nonfarm Payrolls data. Find more details in our analysis for 5 August 2025. XAUUSD forecast: key trading points Market focus: today, the market awaits the US S&P Global services PMI data Current trend: moving upwards XAUUSD forecast for 5 August 2025: […]
Brent prices stand at 68.55 USD as the market fears the consequences of the OPEC+ production decision and US trade tensions. Discover more in our analysis for 5 August 2025. Brent forecast: key trading points Brent oil remains under pressure due to rising geopolitical risks The US increases pressure on India and imposes new tariffs […]
The EURUSD rate attempts to extend its rally as weak US macroeconomic data puts pressure on the dollar. The current quote is 1.1574. Find out more in our analysis for 5 August 2025. EURUSD forecast: key trading points Expectations of a Federal Reserve rate cut in September have increased, with traders pricing in an 80% […]