Forex Technical/Fundamental Analysis & Forecast by RoboForex

Brent near two-week high: OPEC+ decisions eased Red Sea events

Brent price on Tuesday remains around 68.80 USD per barrel. News from Yemen balanced out market pressure. Details – in our analysis for 8 July 2025.

Brent technical analysis

On the H4 chart for Brent, a recovery is visible after the sharp fall between 21–24 June. After the collapse, quotes stabilised within a sideways range with a lower boundary near 65.74 and an upper at 67.78.



Brent crude oil keeps its eye on the two-week high and remains close by.

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

GBPUSD in an uptrend despite global risks

The GBPUSD rate is strengthening but remains under pressure from global tensions and calls for increased defence spending. Current quote – 1.3593. Details – in our analysis for 9 July 2025.

GBPUSD forecast: key trading points

• The UK is working on an agreement with the US to cancel steel tariffs, fearing an increase up to 50%
• An increase in steel tariffs could have a devastating impact on the British steel industry
• GBPUSD forecast for 9 July 2025: 1.3770

Fundamental analysis

The GBPUSD rate is recovering after three consecutive days of decline. The British pound came under pressure due to rising global tensions and mounting calls for increased defence spending, creating long-term budgetary uncertainty. Despite the current bearish correction, the GBPUSD currency pair continues to move within an uptrend.

The Office for Budget Responsibility (OBR) warned that government debt could reach 270% of GDP by 2070, due to demographic changes and rising healthcare and pension costs.

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

XAUUSD rises for the second day in a row – is a new upward wave starting?

The XAUUSD price is forming a Triangle pattern, reflecting consolidation before a potential breakout. Current quote – 3,322 USD. Details – in our analysis for 10 July 2025.

XAUUSD technical analysis

XAUUSD quotes are strengthening after rebounding from the lower boundary of the Triangle pattern. Despite seller pressure in the first half of the week, the price is recovering, remaining above the key support level at 3,285.



Weakness in the US dollar, expectations of rate cuts, and political pressure on the Fed create a favourable environment for further gold growth.

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

Gold (XAUUSD) at a stabilization point: many risks, but no one is afraid

Gold (XAUUSD) price consolidates at 3,333 USD. Trump’s trade policy worries the market, but there is no panic. Details – in our analysis for 11 July 2025.

XAUUSD forecast: key trading points

• Gold (XAUUSD) price has changed little over the week
• The market is focused on trade risks but is not yet ready to re-evaluate them
• XAUUSD forecast for 11 July 2025: 3,345

Fundamental analysis

Gold (XAUUSD) price remains stable near 3,333 USD on Friday. Overall, the precious metal attempts to rise for the third day in a row. Market focus remains on demand for safe-haven assets amid escalating trade tensions.

President Donald Trump announced the introduction of a 35% tariff on imports from Canada starting 1 August and spoke about plans to introduce large-scale tariffs of 15-20% for most other trading partners. Previously, there were threats against Brazil and proposals to impose tariffs on copper, semiconductors, and pharmaceutical products.

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