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Market Technical Analysis by RoboForex

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EURUSD forecast: market shock – how the Fed decision and the eurozone’s CPI will change the EURUSD rate

The Federal Reserve interest rate change and the eurozone’s CPI data may trigger unpredictable fluctuations in the EURUSD rate, including growth to 1.1010. Find out more in our analysis for 19 March 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD pair formed a Harami reversal pattern near the upper Bollinger Band. At this stage, it continues a corrective wave following the received signal. Since the price is within the ascending channel, it could pull back to the nearest support at 1.0850. A rebound from this level may open the potential for a continued upward movement.

eurusd-2025-03-19.png

Coupled with the EURUSD technical analysis, the FOMC economic forecasts and the US interest rate decision suggest growth to 1.1010 after the correction is completed.

Read more at RoboForex Website

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
 
USDJPY: yen vs. dollar – a surprise turn after the Fed decision

The US interest rate decision and weaker fundamentals may cause the yen to strengthen and push the USDJPY rate down to the 147.50 support level. Find more details in our analysis for 20 March 2025.

USDJPY technical analysis

Having tested the upper Bollinger band, the USDJPY price has formed a Harami reversal pattern on the H4 chart. At this stage, it is moving downwards following the pattern signal. Since the quotes have rebounded from the resistance level and continue to move within the descending channel, they are expected to decline further to the support level.

usdjpy-2025-03-20.png

The Japanese yen is strengthening despite the public holiday in Japan amid expectations of a BoJ interest rate hike and the Fed’s decision.

Read more at RoboForex Website

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
 
AUDUSD is falling for the fourth consecutive day: no one needs risk

The AUDUSD pair is under pressure, hovering at 0.6287. The market is cautious. Discover more in our analysis for 21 March 2025.

AUDUSD technical analysis

On the AUDUSD H4 chart, the sentiment remains negative and does not rule out the extension of the selling wave towards 0.6270. A breakout below this level will open the way for a decline to 0.6246.

audusd-2025-03-21.png

The AUDUSD pair is under pressure for the fourth consecutive day, and so far, it is only falling.

Read more at RoboForex Website

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
 
EURUSD halted its decline: market remains tense as risks mount

The EURUSD pair paused around 1.0819. The market continues to monitor the situation around US trade tariffs. Find more details in our analysis for 24 March 2025.

EURUSD technical analysis

On the H4 chart, a clear downtrend continues to unfold for EURUSD, with a new selling target at 1.0806. If the price consolidates below this level, the next downside target will be 1.0725.

eurusd-2025-03-24.png

The EURUSD pair has declined significantly, but the risks of further selling persist, with the 2 April deadline lying ahead.

Read more at RoboForex Website

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
 
GBPUSD loses ground amid collapse in US consumer expectations

The GBPUSD rate is falling, with sellers holding the 1.2950 resistance level. Discover more in our analysis for 26 March 2025.

GBPUSD technical analysis

The GBPUSD rate is showing a slowdown in the uptrend as prices have broken below the lower boundary of the bullish channel. The pair is now consolidating within a Triangle pattern. Today’s GBPUSD forecast anticipates a drop towards the 1.2805 level. The Stochastic Oscillator supports the bearish scenario as its values are bouncing off the resistance line.

gbpusd-2025-03-26.png

Improved business activity in the UK supports the British pound.

Read more at RoboForex Website

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
 
Brent continues to climb: data favours buyers

Brent crude oil rose to 73.15 USD. US stockpiles are declining faster than expected. Find more details in our analysis for 27 March 2025.

Brent technical analysis

On the H4 chart, the primary scenario for Brent suggests a further rise towards 73.52, from where the market could move to 74.00.

brent-2025-03-27.png

Brent oil is maintaining its upward momentum.

Read more at RoboForex Website

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
 
Gold (XAUUSD) hits record highs, surging to the 3,100 USD area

XAUUSD prices are rallying sharply, setting a new all-time high at 3,086 USD. Today, the market awaits US inflation data. Discover more in our XAUUSD analysis for 28 March 2025.

XAUUSD technical analysis

XAUUSD quotes continue their confident upward momentum, setting a new all-time high at 3,086 USD today. The psychologically important 3,000 USD level now acts as key support within the trend.

xauusd-2025-03-28.png

Gold (XAUUSD) is strengthening, reaching a new all-time high of 3,086 USD.

Read more at RoboForex Website

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
 
USDCAD: US business activity on the brink – what lies ahead for the market

Weakened business activity in Chicago and Dallas could trigger a fall in the USDCAD rate to 1.4260 following a correction. Discover more in our analysis for 31 March 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD price formed an Inverted Hammer reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the signal received. Since the price remains within a descending channel, a correction towards the nearest resistance level at 1.4360 is expected. If the price rebounds from this resistance, a downtrend may develop.

usdcad-2025-03-31.png

Weak US economic indicators, combined with USDCAD technical analysis, suggest that the pair may continue its downward trajectory once the correction is complete.

Read more at RoboForex Website

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
 
EURUSD: economic storm on 2 April – what will Lagarde and Trump say, and how will it hit the dollar

Speeches by the ECB head and the US President may boost the EURUSD pair to 1.0880. Find out more in our analysis for 2 April 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD price formed an Engulfing reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the received signal. Since the pair remains within an ascending channel, the price could rise to the nearest resistance at 1.0880.

eurusd-2025-04-02.png

In anticipation of ECB President Lagarde’s speech and Trump’s remarks, combined with the EURUSD technical analysis, the forecast suggests a potential correction followed by growth towards the 1.0880 resistance level.

Read more at RoboForex Website

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
 
Brent crude oil corrects, but downside risks remain

Brent prices are rising after bouncing off the 72.25 USD support level. Discover more in our analysis for 3 April 2025.

Brent technical analysis

Brent prices consolidated below the Moving Averages, indicating the dominance of sellers and increasing the likelihood of a continued downtrend. Prices are currently testing the 73.05 USD resistance level. Today’s Brent forecast suggests a rebound from this level and a move down towards 70.30 USD.

brent-2025-04-03.png

Brent quotes are recovering from the decline, but concerns over the global economic outlook and rising US crude inventories continue to weigh on the market.

Read more at RoboForex Website

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
 

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