Forex Technical Analysis & Forecast by RoboForex

[Vlad RF]

The pound is holding steady, but risks are increasing

The GBPUSD pair rose to 1.3567 and then paused. The main intrigue lies in the local UK elections. Find out more in our analysis for 6 May 2026.

Technical outlook

The GBPUSD H4 chart shows that after a confident rise from the area below 1.3400, the pair moved into the 1.3500–1.3650 range, where the movement gradually slowed. An attempt to consolidate above 1.3600 resulted in a local high near 1.3650, but the market failed to develop further upward momentum and retreated.

The GBPUSD pair looks fairly solid, but risks for the pound remain.

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 caught between diplomacy and chaos, the market braces for a sharp move

Following statements from the White House, Brent prices plummeted and are now attempting to recover, hovering near 98.20 USD. Find out more in our analysis for 7 May 2026.

Technical outlook

On the H4 chart, Brent prices formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, following the received signal, Brent quotes may form an upward wave, with the first upside target at the 101.80 USD resistance level.

Contradictory statements from the White House and from the US President continue to exert mixed pressure on Brent quotes.

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 on the verge of another surge, Nonfarm Payrolls will decide everything

The USDJPY forecast for today appears optimistic for the yen, with the Nonfarm Payrolls release expected to indicate the direction of movement. The rate currently stands at 156.80. Find more details in our analysis for 8 May 2026.

Technical outlook

On the H4 chart, the USDJPY pair has formed a Hanging Man reversal pattern near the middle Bollinger Band and is trading around 156.80. Since the price remains within an ascending channel, it could form a downward wave following the pattern signal, with the target for the correction in this case being 156.00.

The yen is awaiting the release of US employment data, which could provide further insight into the Federal Reserve's future interest rate decisions.

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]

EURUSD weekly forecast: geopolitics and data in focus

The EURUSD pair begins the week of 11–15 May near 1.1735 and appears subdued after a corrective rebound. Demand for safe-haven assets is supported by geopolitical factors, but without a pronounced imbalance.

Technical outlook

The EURUSD daily chart shows that the market has been in a steady uptrend since the end of 2025 and reached a local peak around 1.2000–1.2100 in January. This was followed by a reversal and a gradual decline, which evolved into a broader correction.

The EURUSD pair ended the week around 1.1735.

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]

XAUUSD on hold, US CPI will determine the direction

After reaching new May highs, XAUUSD prices are forming a correction and awaiting the US CPI release. Quotes currently stand at 4,715 USD. Discover more in our analysis for 12 May 2026.

Technical outlook

On the H4 chart, XAUUSD prices formed a Shooting Star reversal pattern near the upper Bollinger Band. As the pattern signal plays out, quotes may form a corrective wave. Since XAUUSD prices remain within an ascending channel, the 4,650 USD support level could be the downside target.

Gold remains under the influence of geopolitical risks and US inflation.

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 is holding near the 157.85 resistance level

The USDJPY rate maintains a steady upward momentum amid strong US inflation and lower expectations of Fed policy easing, currently standing at 157.72. Discover more in our analysis for 13 May 2026.

Technical outlook

The USDJPY pair is correcting while forming a Triangle pattern. Despite the current range-bound movement, the currency pair maintains aggressive bullish momentum.

The USDJPY future trajectory will depend on whether buyers can hold above the 157.85 resistance level.

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]

Brent awaits the outcome of the Beijing summit

Following a rise, Brent quotes declined to the 103.00 USD area and froze ahead of the outcome of the talks between the US President and the President of China. Find out more in our analysis for 14 May 2026.

Technical outlook

On the H4 chart, Brent prices formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, Brent quotes may continue their upward wave following the pattern signal, with the first upside target at the 108.45 resistance level.

Brent crude oil is awaiting the outcome of the Beijing talks on the Middle East conflict.

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]

Panic in the AUDUSD market: the dollar dominates, while the Aussie holds on to hopes

The Australian dollar continues to lose ground amid geopolitical conflicts and rising energy prices. At the moment, the price is testing the 0.7160 level. Find out more in our analysis for 15 May 2026.

Technical outlook

On the H4 chart, the AUDUSD pair formed a Hanging Man reversal pattern near the upper Bollinger Band. At this stage, quotes remain within an ascending channel and could continue the corrective wave following the signal from the pattern.

Rising inflation in the US is prompting the Federal Reserve to tighten monetary policy to strengthen the USD.

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]

Time is working against the market: USDCAD is ready for a decisive move

Against the backdrop of escalating geopolitical tension, USDCAD is in a difficult position. The current quote is 1.3735. More details are in our analysis for 18 May 2026.

Technical outlook

On the H4 chart, the USDCAD price formed a Harami reversal pattern near the upper Bollinger Band. At this stage, it may continue the corrective wave as part of the received signal. Since quotes remain within the boundaries of an upward channel, a pullback to the nearest support at 1.3690 can be expected.

The escalation of the conflict in the Middle East is exerting a dual impact on USDCAD.

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]

XAUUSD is correcting after rebounding from the 4,505 USD support level

XAUUSD quotes are falling amid the escalating conflict in the Middle East, rising oil prices, and increased inflation risks. Quotes currently stand at 4,548 USD. Discover more in our analysis for 19 May 2026.

Technical outlook

XAUUSD quotes are declining after rebounding from the EMA-65, indicating continued downward momentum and control by the bears. The XAUUSD forecast for today suggests a minor bullish correction and a continued decline towards 4,395 USD.

XAUUSD quotes remain highly sensitive to developments in the Middle East conflict, oil price movements, and expectations of further actions by the world’s central banks.

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]

GBPUSD is in a difficult position: too many pressure factors

The GBPUSD pair fell to 1.3400 and then stalled. The political crisis in the UK is unlikely to end quickly. Find out more in our analysis for 20 May 2026.

Technical outlook

On the H4 chart, the GBPUSD pair remains under pressure after a confident decline from the May highs near 1.3640. After a series of failed attempts to consolidate above 1.3600, the market moved into a deeper correction.

The GBPUSD pair fell and has now paused.

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]

The White House and the Middle East are deciding the fate of EURUSD

Following the US President’s statements, the euro strengthened its position, with the rate currently standing at 1.1620. Find out more in our analysis for 21 May 2026.

Technical outlook

On the H4 chart, the EURUSD pair formed an Inverted Hammer reversal pattern near the lower Bollinger Band. At this stage, quotes may continue their upward trajectory as the signal plays out. Since they remain within an ascending channel, the 1.1675 resistance level may act as the upside target.

The euro has every chance of strengthening after statements from the White House.

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 on the edge as the market awaits a US-Iran truce

The Australian dollar is losing ground amid labour market weakness. At the moment, the price is testing the 0.7130 level. Find more details in our analysis for 22 May 2026.

Technical outlook

On the H4 chart, the AUDUSD pair formed an Inverted Hammer reversal pattern near the lower Bollinger Band. At this stage, quotes remain within an ascending channel and could continue the upward wave after the correction as the pattern signal plays out.

The Australian dollar lost ground following the Australian employment data release.

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]

USDJPY reacts to geopolitics: it seems to be getting warmer

The USDJPY pair fell to 158.86 at the start of the week. The improvement in the external backdrop immediately supported the Japanese yen. More details are in our analysis for 25 May 2026.

Technical outlook

On the H4 chart, USDJPY remains in a phase of broad sideways consolidation after recovering from the May lows in the 155.00–156.00 area. After strong growth in the middle of the month, the pair managed to consolidate above 158.50 and moved closer to resistance around 159.30–159.35, but there has not yet been any further acceleration upwards.

The USDJPY pair declined, and investors are looking around cautiously.

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]

Brent in positive territory: tensions are rising again in the Strait of Hormuz

Brent prices are rising towards 95.22 USD, driven by the news. Risks of complications in the Middle East are once again a concern. Find more details in our analysis for 26 May 2026.

Technical outlook

On the H4 chart, Brent crude remains under strong pressure after a sharp downward reversal from the May highs in the 108–109 USD per barrel area. The latest downward wave intensified amid expectations of a possible agreement between the US and Iran and hopes for the restoration of supplies through the Strait of Hormuz.

Brent prices climbed higher amid the challenging external environment.

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 is struggling for balance, but the pressure is too strong

The GBPUSD pair is hovering around 1.3454, with domestic statistics and signals from the Middle East being crucial for the pound. Find out more in our analysis for 27 May 2026.

Technical outlook

On the H4 chart, the GBPUSD pair remains under pressure after the strong decline from the May highs around 1.3640. After failed attempts to consolidate above 1.3600, the market reversed downwards and fell sharply towards the 1.3300–1.3315 area in mid-May.

The GBPUSD pair is consolidating, but the overall trend remains negative.

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]

EURUSD loses ground as the US dollar strengthens

The EURUSD rate remains under pressure amid rising geopolitical risks and increasing demand for the US dollar, currently standing at 1.1641.

Technical outlook

The EURUSD pair is falling after rebounding from the EMA-65, indicating increased selling pressure. At the moment, prices remain trapped within a Triangle pattern. The EURUSD forecast for today suggests a further decline towards 1.1435.

EURUSD technical analysis indicates that downside risks remain in place as long as quotes hold below the 1.1655 resistance level.

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]

Gold (XAUUSD): there is a reason for growth

Gold (XAUUSD) prices have returned to 4,500 USD as encouraging news comes from the Middle East.

Technical outlook

On the H4 chart, gold (XAUUSD) remains under pressure after the strong decline from the May highs around 4,750–4,780. In the middle of the month, the market formed a stable downward structure with a series of lower highs and lows, and sellers pushed quotes towards the 4,380–4,400 area.

Gold (XAUUSD) prices rose on positive news from Iran and the US.

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]

USD versus oil: who will win the battle for USDCAD

Attempts by the CAD to regain its positions have failed, while the USD is recovering its losses. The USDCAD rate continues to rise and is trading around 1.3810. More details are in our analysis for 1 June 2026.

Technical outlook

On the H4 chart, near the lower Bollinger Band, the USDCAD price formed a Hammer reversal pattern. At this stage, it is continuing the upward wave as part of the signal from the pattern. Since the quotes remain within the boundaries of an upward channel, growth towards the nearest resistance at 1.3865 can be expected.

The CAD remains dependent on geopolitics and the cost of oil.

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 is waiting for news: what will happen to Hormuz?

Brent prices settled at 93.83 USD. Middle East talks are constantly stalled. Find more details in our analysis for 2 June 2026.

Technical outlook

On the H4 chart, Brent remains under pressure after a strong decline from May highs in the 108–109 per barrel area. After a series of sell-offs, quotes moved down into the 91–94 area, where the market is attempting to form a base for stabilisation.

Brent rose and then paused, with market indicators appearing mixed.

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