Tag: Roboforex

May 12
EURUSD poised for reversal: outcome depends on meeting in Brussels

Ahead of the Eurogroup meeting, the EURUSD pair may complete its correction and head towards the 1.1330 resistance level. Discover more in our analysis for 12 May 2025. EURUSD forecast: key trading points Eurogroup meeting in focus EURUSD forecast for 12 May 2025: 1.1330 Fundamental analysis Fundamental analysis for 12 May 2025 considers today’s Eurogroup […]

May 12
Gold (XAUUSD) at weekly low as market bets on good news

Gold (XAUUSD) has dropped to 3,275 USD as demand for safe-haven assets fades. The market is awaiting the announcement of a potential deal between China and the US. Find out more in our analysis for 12 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) prices decline amid expectations of progress in China-US trade talks […]

May 12
Daily technical analysis and forecast for 12 May 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 12 May 2025. EURUSD forecast On the H4 chart, EURUSD broke below 1.1300 and continues its downward wave towards 1.1150, a local target. Today, 12 May 2025, the price reached 1.1192. A corrective move towards 1.1300 […]

May 12
USDJPY strengthens as yen loses ground on economic slowdown

The USDJPY pair is climbing amid disappointing data from Japan, with the price currently at 146.07. Find more details in our analysis for 12 May 2025. USDJPY forecast: key trading points Japan’s current economic conditions index dropped to its lowest since February 2022 Tokyo’s economic outlook index fell to its weakest since April 2021 USDJPY […]

May 12
Top 3 trade ideas for 12 May 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 are not investment recommendations. Trade ideas for EURUSD, USDJPY, and USDCHF […]

May 12
USDCAD has rapidly reversed upwards; will the rally continue?

The USDCAD rate closed last week with solid gains, consolidating above the 1.3900 level. The pair now shows potential for further upside. Discover more in our analysis for 12 May 2025. USDCAD forecast: key trading points Market focus: trade tensions between the US and China are easing after high-level talks in Switzerland over the weekend […]

May 07
Gold (XAUUSD) attempts to rise again: risks exist but remain limited

Gold (XAUUSD) prices are hovering around 3,380 USD on Wednesday. Demand for safe-haven assets may weaken if tariff negotiations go well. Discover more in our analysis for 7 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) halted its advance as markets await US-China trade talks The outcome of today’s Federal Reserve meeting may influence […]

May 07
EURUSD lacks direction: all eyes on diplomats and the Fed

The EURUSD pair is attempting to extend gains near 1.1350. The US dollar may strengthen due to geopolitical factors. Find out more in our analysis for 7 May 2025. EURUSD forecast: key trading points The EURUSD pair halted its upward move and is searching for direction ahead of the Fed rate meeting Market focus is […]

May 07
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 7 May 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 7 May 2025. EURUSD forecast On the H4 chart, EURUSD continues to form a consolidation range around 1.1345. Today, 7 May 2025, the range may extend upwards to 1.1440 as a local target. Afterwards, a decline […]

May 07
Wedge pattern on USDJPY chart – sellers gear up for downward move

The USDJPY rate is currently undergoing a correction but remains under pressure, with the price now at 142.99. Find more details in our analysis for 7 May 2025. USDJPY forecast: key trading points Japan’s services PMI for April was revised upwards from 52.2 to 52.4 New orders in the service sector reached the highest level […]