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Brent fears oversupply: sell-off possible
Brent prices fell below 65 USD on Thursday as the market grew uneasy about a global oil glut. Find more details in our analysis for 5 June 2025.
Brent technical analysis
On the H4 chart, Brent is setting up for a decline towards 64.04. A breakout below the 64.00-64.05 area could pave the way for further selling down to 63.63.
https://roboforex.com/uploads/robofo...2025-06-05.png
Brent prices are falling, with the market having plenty of justification.
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
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USDJPY climbs: what should traders expect from the US jobs report?
The USDJPY pair continues to strengthen ahead of the key US jobs report release, currently trading at 143.93. Discover more in our analysis for 6 June 2025.
USDJPY forecast: key trading points
- Investors adopt a wait-and-see approach ahead of the US Nonfarm Payrolls release
- Speculation of BoJ policy tightening grows but remains insufficient to lift the yen
- USDJPY forecast for 6 June 2025: 145.35
Fundamental analysis
The USDJPY rate is rising for the second consecutive session, staying within a sideways range between 142.50 and 144.20. The chart continues to indicate the potential formation of a Double Bottom reversal pattern, which could signal further strengthening of the US dollar.
The Japanese yen remains under pressure as investors wait for the crucial US employment report. Additional support for the US dollar came from news of a phone call between Donald Trump and Xi Jinping, in which both leaders agreed to continue trade negotiations.
Meanwhile, BoJ Governor Kazuo Ueda reiterated the central bank’s readiness to raise interest rates if economic and inflation targets are met. Although this has raised expectations of a cautious but steady policy tightening, it remains insufficient to boost the yen, according to today’s USDJPY forecast.
RoboForex Market Analysis & Forex Forecasts
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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The dollar falls, the loonie celebrates: what’s next for USDCAD
A stronger Canadian labour market supports the loonie and could push USDCAD down towards the support level at 1.3630. Discover more in our analysis for 9 June 2025.
USDCAD technical analysis
On the H4 chart, USDCAD formed a reversal pattern – Hammer – near the lower Bollinger Band. The pair is currently developing a correction from this signal. As prices remain within the descending channel, a move towards the nearest resistance at 1.3725 is possible.
https://roboforex.com/uploads/robofo...2025-06-09.png
All macroeconomic factors currently favour 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
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US budget blowout and inflation surprise – gold (XAUUSD) poised to soar
The US federal budget deficit could trigger a rally in XAUUSD towards the 3,400 USD level. Find more details in our forecast for 11 June 2025.
XAUUSD forecast: key trading points
- US Consumer Price Index (CPI): previously at 2.3%, projected at 2.5%
- US federal budget statement: previously at 258.0 billion, projected at -314.3 billion
- Current trend: moving upwards
- XAUUSD forecast for 11 June 2025: 3,400
Fundamental analysis
Fundamental XAUUSD analysis for today, 11 June 2025, takes into account that gold prices hold steady above 3,300 USD per troy ounce, maintaining their upward trajectory amid lingering uncertainty in US-China trade relations.
The XAUUSD forecast for 11 June 2025 suggests the CPI could rise to 2.5% from the previous 2.3%, but this projection may not materialise given the index has shown consistent declines in past reports. A weaker-than-expected CPI could put additional pressure on the US dollar.
Additionally, the US federal budget statement is projected to show a drop to -314.3 billion USD. The negative value indicates the budget deficit, which may further weaken the US dollar.
RoboForex Market Analysis & Forex Forecasts
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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Euro retreats, but the uptrend in EURUSD remains intact
The EURUSD rate has declined for the second consecutive trading session, pulling back after rebounding from the key resistance level at 1.1580. Discover more in our analysis for 16 June 2025.
EURUSD technical analysis
The EURUSD rate is undergoing a correction within a descending channel. Today’s EURUSD forecast suggests a brief decline towards the support level, after which the pair could resume its upward movement targeting 1.1710.
https://roboforex.com/uploads/robofo...2025-06-16.png
The US dollar strengthened on geopolitical tensions and robust macroeconomic data, putting pressure on the EURUSD rate.
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
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USDJPY set to extend rally: yen remains under pressure
The USDJPY pair climbed to 144.76, with the yen facing pressure from the lack of a trade deal with the US. Find more details in our analysis for 17 June 2025.
USDJPY forecast: key trading points
- The USDJPY pair continues to rise for the third consecutive day
- The Bank of Japan kept interest rates unchanged at 0.5%
- There is no progress in Japan-US trade talks so far
- USDJPY forecast for 17 June 2025: 145.13 and 145.47
Fundamental analysis
The USDJPY rate rose to 144.76, with a variety of key developments surrounding the Japanese yen.
Firstly, markets reacted to the Bank of Japan's neutral stance on interest rates. On Tuesday, the central bank held the rate steady at 0.5% per annum. In its statement, the BoJ confirmed it will gradually scale back government bond purchases, in line with prior guidance.
Second, Japanese Prime Minister Shigeru Ishiba and US President Donald Trump failed to reach a tariff agreement during the G7 summit in Canada.
Meanwhile, the US dollar continued to strengthen amid rising geopolitical tensions and inflation concerns, increasing demand for safe-haven assets.
RoboForex Market Analysis & Forex Forecasts
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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Gold (XAUUSD) holds firm on geopolitical tensions, traders gear up for further gains
XAUUSD remains resilient, supported by continued demand from central banks, with prices currently at 3,386 USD. Discover more in our analysis for 18 June 2025.
XAUUSD technical analysis
XAUUSD quotes are correcting after rebounding from the upper boundary of the ascending channel but remain above the Moving Averages – a sign of ongoing bullish pressure. Today's XAUUSD analysis suggests a rebound from the lower boundary of the bullish channel and a potential rise towards 3,475 USD.
https://roboforex.com/uploads/robofo...2025-06-18.png
Despite a local correction, demand for gold remains robust due to persistent geopolitical risks and central bank interest.
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
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EURUSD falls below 1.1500 after Fed decision
The EURUSD rate dropped to the 1.1450 area following the Fed’s decision to keep interest rates unchanged and accompanying remarks from Jerome Powell. Find more details in our analysis for 19 June 2025.
EURUSD forecast: key trading points
- Market focus: the Fed left the rate unchanged at 4.5%
- Current trend: correcting downwards
- EURUSD forecast for 19 June 2025: 1.1400 and 1.1500
Fundamental analysis
Following yesterday’s meeting, the Federal Reserve kept interest rates unchanged and reiterated its cautious stance. Federal Reserve Chairman Jerome Powell signalled that inflation could rise in the coming months, citing the negative effects of President Donald Trump’s new tariffs.
The US central bank also lowered its GDP growth forecasts and hinted at two possible rate cuts of 25 basis points each before the end of 2025. The first cut is expected in September.
RoboForex Market Analysis & Forex Forecasts
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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AUDUSD rebounds from the bottom: what is next
The AUDUSD pair recovered to 0.6489 on Friday. Further gains may be limited due to Middle East tensions. Discover more in our analysis for 20 June 2025.
AUDUSD technical analysis
The AUDUSD H4 chart shows market indecision between continuing the rebound or slipping lower. If the pair breaks above 0.6494, the next upside target could be 0.6509.
https://roboforex.com/uploads/robofo...2025-06-20.png
The AUDUSD pair remains undecided in the short term.
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
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USDJPY holds at monthly highs: too many risks in play
The USDJPY pair has climbed to a five-week peak as the US dollar benefits from safe-haven demand. Find more details in our analysis for 23 June 2025.
USDJPY forecast: key trading points
- The USDJPY pair reached a five-week high amid strong market demand for safe-haven assets
- Domestic signals from Japan appear solid
- USDJPY forecast for 23 June 2025: 146.78
Fundamental analysis
The USDJPY rate rose to 146.70. Strong demand for the US dollar as a safe-haven asset followed a sharp escalation in the Middle East conflict. The United States struck three Iranian nuclear facilities, joining Israel in the confrontation with Tehran.
Domestic Japanese data provided some positive signs, with the manufacturing sector returning to growth in June for the first time since May 2024. The services sector also expanded for the third consecutive month, indicating broad economic resilience.
Last week, the Bank of Japan kept the benchmark interest rate at 0.5% per annum. The central bank commented that firms continued to pass rising wages onto prices, keeping core inflation high. BoJ Governor Kazuo Ueda reaffirmed a data-driven policy approach and left the door open for further rate hikes if inflationary pressure intensifies.
RoboForex Market Analysis & Forex Forecasts
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