Forex Technical Analysis & Forecast by RoboForex

[Vlad RF]

Brent hovers at key support – market awaits a reversal

Brent quotes remain under pressure due to fears of a global economic slowdown, currently standing at 68.43 USD. Discover more in our analysis for 15 July 2025.

Brent technical analysis

Brent quotes remain within the ascending channel despite a local decline. Prices have fallen to the channel’s lower boundary near the 68.25 USD support level.

Reduced drilling capacity in the US and potential underinvestment in the sector provide long-term support for oil prices

Read more - Brent Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

USDJPY jumps above 149.00 on US inflation data

The USDJPY rate climbed into the 149.00 area as the dollar strengthened moderately after the release of US consumer inflation statistics. Find out more in our analysis for 16 July 2025.

USDJPY technical analysis

On the H4 chart, the USDJPY pair continues to climb confidently, hitting an intraday high at 149.18. The Alligator indicator is trending upwards, confirming the current bullish momentum. However, the Stochastic indicator signals overbought conditions, which may trigger a corrective pullback.

The USDJPY pair climbed to the 149.00 area during the ongoing uptrend.

Read more - USDJPY Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

Fundamental storm, waiting for EURUSD reaction

Amid strengthening USD, the EURUSD pair may decline towards 1.1555. Discover more in our analysis for 17 July 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD pair formed a Harami reversal pattern near the lower Bollinger Band. At this stage, the pair may continue its corrective wave in response to this signal. Given that the price remains within a descending channel, a further decline towards the nearest support at 1.1555 can be expected.

Today’s EURUSD forecast favours the USD. Combined with EURUSD technical analysis, stronger US economic indicators suggest a likely decline towards the 1.1555 support level after a corrective move.

Read more - EURUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

AUDUSD rises, but closes the week under pressure

The AUDUSD pair climbed to 0.6505. A sharp rally in iron ore prices has become a key support factor. Discover more in our analysis for 18 July 2025.

AUDUSD technical analysis

On the H4 chart, the AUDUSD pair is testing local resistance at 0.6510. The upward move began from the 0.6453 low, where the price found support after a sell-off.

The AUDUSD pair has stabilised and may resume gains if the market focuses on supportive factors.

Read more - AUDUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

USDCAD in a Triangle – a breakout below 1.3665 could open the way to new lows

The USDCAD rate remains under bearish pressure amid expectations of a Federal Reserve rate cut, currently standing at 1.3717. Discover more in our analysis for 21 July 2025.

USDCAD technical analysis

The USDCAD rate remains within a descending channel, with quotes consolidating below the 1.3755 resistance level, suggesting ongoing bearish pressure. Today’s USDCAD forecast points to a potential decline towards the lower boundary of the Triangle pattern, targeting the 1.3605 area.

Despite short-term support for the US dollar, expectations of a Fed rate cut increase the risk of further weakening in the medium term.

Read more - USDCAD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

Brent prices on the edge: OPEC+ floods the market

Brent quotes may regain ground and test the resistance level around the 70.70 USD mark. Discover more in our analysis for 22 July 2025.

Brent technical analysis

On the H4 chart, Brent prices tested the lower Bollinger Band and formed a Hammer reversal pattern. Having partially fulfilled the signal, quotes are now undergoing a correction. The Brent price forecast for 22 July 2025 suggests a growth target at 70.70 USD. A breakout above the resistance level would open the door to a stronger upward wave.

Brent prices are testing the lower boundary of the ascending channel and may be gearing up for another bullish wave amid geopolitical tensions.

Read more - Brent Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

GBPUSD: the pair surged above 1.3500

The GBPUSD rate climbed above 1.3500, as markets anticipate the signing of a free trade agreement between the UK and India. Full details in our analysis for 23 July 2025.

GBPUSD technical analysis

On the H4 chart, GBPUSD shows a clear upward momentum, having bounced from daily support at 1.3370. The Alligator indicator is pointing upwards and rising steadily, suggesting the uptrend may continue.

GBPUSD confidently rose above 1.3500.

Read more - GBPUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

Gold (XAUUSD) falls below 3,400 USD amid correction

XAUUSD prices reversed downwards and dropped below 3,400 USD amid optimism surrounding trade agreements between the US and its key partners. Discover more in our analysis for 24 July 2025.

XAUUSD technical analysis

XAUUSD quotes are in a downward correction, having fallen below 3,400 USD. Earlier this week, gold reversed from a local daily high at 3,438 USD. Once the correction is complete, the uptrend may resume.

Gold entered a downward correction, slipping below 3,400 USD.

Read more - Gold Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

EURUSD declines after ECB decision

The EURUSD rate corrected towards the 1.1730 area following the ECB's decision to keep interest rates unchanged. The market awaits the outcome of trade agreement negotiations between the US and the EU. Find out more in our analysis for 25 July 2025.

EURUSD technical analysis

On the H4 chart, EURUSD is undergoing a downward correction, falling this morning to the 1.1730 area, with further decline towards the 1.1700 support level possible. The daily trend for the pair remains upward, so after the correction ends, the rally may continue.

The EURUSD pair corrected to the 1.1730 area following the ECB’s decision to leave rates unchanged.

Read more - EURUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

USDCAD under pressure? Investors turning towards CAD

After forming a corrective wave, USDCAD quotes may continue their upward movement towards 1.3760. Discover more in our analysis for 28 July 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD price has formed a Harami reversal pattern near the upper Bollinger Band. The pair is currently forming a corrective wave following the signal from this pattern. Since the quotes remain within the boundaries of the ascending channel, a pullback to the nearest support at 1.3675 is possible.

Anticipation of interest rate decisions in both the US and Canada is boosting the Canadian dollar.

Read more - USDCAD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

USDJPY under pressure: Trump’s tariff hike and BoJ decision in focus

The USDJPY pair consolidates as markets anticipate monetary decisions and US trade statements, with the price currently at 148.23. Find out more in our analysis for 29 July 2025.

USDJPY technical analysis

Despite a bearish correction, the USDJPY rate remains within the ascending channel. At this stage, the price could correct further towards the 147.80 support level before resuming its upward momentum. Today’s USDJPY forecast suggests a rebound from the support level and a move towards 149.85.

The fundamental outlook for USDJPY remains moderately favourable for the US dollar, increasing the likelihood of a renewed upward momentum following the current correction.

Read more - USDJPY Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

GBPUSD at 20 May low: no support from economic data

The GBPUSD pair dipped to 1.3357 on Wednesday as weak PMI data and a strong US dollar pressured the pound. Discover more in our analysis for 30 July 2025.

GBPUSD technical analysis

On the H4 chart, the GBPUSD pair remains under pressure, trading in a downtrend. After failing to consolidate above 1.3589, the pair reversed and reached a local low around 1.3300 by 30 July – its lowest level since the start of the month.

The GBPUSD pair has fallen to its lowest since 20 May and appears weak.

Read more - GBPUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

Brent quotes surged to a six-week high

Brent prices are correcting after a sharp rally, having reached a six-week high. The current quote stands at 72.05 USD. Find more details in our analysis for 31 July 2025.

Brent technical analysis

Brent continues to trade within an ascending channel, with prices firmly consolidating above the key 70.55 USD support level, indicating strong buyer pressure.

Brent quotes remain under pressure from geopolitical risks and the unexpected increase in US inventories.

Read more - Brent Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

EURUSD takes a breather: news supports the US dollar

The EURUSD pair has paused around 1.1416 as the market continues to favour the US dollar. Discover more in our analysis for 1 August 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD pair consolidates near 1.1415, holding the local support level at 1.1399. After breaking below the 1.1550-1.1505 area in late July, the downward move accelerated, with recovery attempts remaining weak.

After a sharp drop, the EURUSD pair appears to have lost direction for the moment.

Read more - EURUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

USDCAD drops below 1.3800 after Nonfarm Payrolls data

The USDCAD rate reversed downwards and consolidated below 1.3800 following the release of weak US Nonfarm Payrolls data on Friday. Discover more in our analysis for 4 August 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD pair is reversing down from the local daily high of 1.3880. The Alligator indicator is attempting to turn downwards, indicating a high probability of a continued downward movement.

The USDCAD pair reversed lower and dropped below 1.3800, as the US dollar came under pressure following the release of weak Nonfarm Payrolls data.

Read more - USDCAD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

Gold (XAUUSD) rises towards the 3,400 USD area

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 technical analysis

XAUUSD prices are rising after reversing upwards from the daily low at 3,268 USD. The Alligator indicator has also turned upwards, suggesting the possibility of continued upward movement after a brief correction.

Gold has surged towards the 3,400 USD area amid dollar weakness following disappointing US labour market statistics.

Read more - Gold Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

USDJPY: wage data and Bank of Japan pull the yen down

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 technical analysis

On the H4 chart, the USDJPY pair stabilised around 147.38 following a sharp pullback from a high above 150. The pair is now trading within a narrow range between the 146.61 support level and the 147.83 resistance level.

Despite the yen's fundamental challenges, the USDJPY pair may come under pressure.

Read more - USDJPY Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

OPEC+ production hike shock sends Brent prices down

After a prolonged decline, Brent quotes may correct towards the 68.50 USD area. Find more details in our analysis for 7 August 2025.

Brent technical analysis

Having tested the lower Bollinger Band, Brent prices formed a Hammer reversal pattern on the H4 chart. The market has partly reacted to this signal with a correction.

US tariffs continue to weigh on Brent prices, yet the potential for a return to the uptrend remains.

Read more - Brent Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

EURUSD holds its breath: what will the ECB decide in September?

The USD continues to lose ground against the euro, and with the ECB’s upcoming decision, the EURUSD rate could soar towards 1.1750. Discover more in our analysis for 8 August 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD pair has formed a Shooting Star reversal pattern near the upper Bollinger Band. At this stage, the pair may continue a corrective wave in line with this signal. Considering the recent sharp rise in quotes, a pullback towards the nearest support level at 1.1580 is possible. A rebound from this support would open the way for a continued upward movement.

The appointment of Stephen Miran to the FOMC Board and expectations of Federal Reserve monetary policy easing weigh on the USD.

Read more - EURUSD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team

 

[Vlad RF]

USDCAD pulls lower as risk appetite expands

The USDCAD pair remains under pressure. The market is in a risk-on mood and unfazed by weak Canadian employment data. Find out more in our analysis for 11 August 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD pair is trading at 1.3750 and remains within the 1.3720-1.3775 range. After climbing to 1.3880 in late July, quotes corrected and have mostly been moving sideways since early August.

With the USDCAD pair remaining in a sideways range, the market may choose one of two directions.

Read more - USDCAD Forecast

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team