Tag: Roboforex

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 […]

May 07
Top 3 trade ideas for 7 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, USDCAD, and EURJPY […]

May 07
GBPUSD on the brink: weak PMI and US rate expectations could shake the market

The upcoming Federal Reserve rate decision could propel the GBPUSD pair towards 1.3440. Discover more in our analysis for 7 May 2025. GBPUSD forecast: key trading points UK construction PMI: previously at 46.4, projected at 46.0 Fed interest rate decision: previously at 4.5%, projected at 4.5% GBPUSD forecast for 7 May 2025: 1.3440 and 1.3270 […]

May 07
Markets hold breath ahead of Fed decision: EURUSD poised for growth

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 […]

May 07
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 6 May 2025

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 […]

May 06
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 6 May 2025

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% […]

May 06
Sentiment down – dollar down: what lies ahead for USDJPY

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 […]

May 06
Top 3 trade ideas for 6 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 GBPUSD, USDCHF, and GBPJPY […]

May 06
Brent rebounds slightly, but the sell-off is not over yet

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 […]