The EURUSD pair is regaining ground, with bulls aiming to test the 1.1495 resistance level. Discover more in our analysis for 6 May 2025. EURUSD forecast: key trading points The ISM services PMI in the US rose in April, exceeding analyst expectations The Federal Reserve’s two-day policy meeting, concluding on Wednesday, will be one of […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 6 May 2025. EURUSD forecast On the H4 chart, EURUSD continues consolidating around the 1.1345 level. On 6 May 2025, the market may extend the range downward to 1.1250 as a local target. A rebound to […]
Amid speculation about China’s attempts to strike a trade deal with the US, global stock indices recouped losses seen on 2 April 2025. Find out more in our analysis and forecast for global indices for 6 May 2025. US indices forecast: US 30, US 500, US Tech Recent data: the US unemployment rate was 4.2% […]
While US economic optimism declines, the USDJPY pair still has the potential to rise towards 146.40. Find more details in our analysis for 6 May 2025. USDJPY forecast: key trading points Japan holiday: Greenery Day IBD/TIPP US Economic Optimism Index: previously at 50.2, projected at 49.1 USDJPY forecast for 6 May 2025: 146.40 and 143.00 […]
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 GBPUSD, USDCHF, and GBPJPY […]
Brent oil has recovered to 61.17 USD. The sharp two-day drop has paused. Discover more in our analysis for 6 May 2025. Brent forecast: key trading points Brent prices have stabilised, but remain near a four-year low The oil market faces simultaneous supply growth and a slowdown in global economies Brent forecast for 6 May […]
A drop in the US trade balance may trigger another bullish wave in XAUUSD, pushing prices towards 3,440 USD. Find out more in our analysis for 6 May 2025. XAUUSD forecast: key trading points US trade balance: previously at -122.7 billion, projected at -124.7 billion Current trend: moving upwards XAUUSD forecast for 6 May 2025: […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 5 May 2025. EURUSD forecast On the H4 chart, EURUSD completed a downward wave to 1.1266, followed by a correction to 1.1380. As of 5 May 2025, the market is forming a consolidation range below 1.1345. […]
A decline in the US services PMI could trigger a further correction in the USDJPY rate towards the 143.31 support level. Find out more in our analysis for 5 May 2025. USDJPY forecast: key trading points US services PMI: previously at 54.4, projected at 51.4 ISM non-manufacturing PMI: previously at 50.8, projected at 50.2 USDJPY […]
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 USDCAD, XAUUSD, and EURJPY […]