Forex Technical/Fundamental Analysis & Forecast by RoboForex

Bullish correction in GBPUSD slows near resistance at 1.3350

Investors remain cautiously optimistic about GBPUSD amid a weakening US dollar, with the price currently at 1.3306. Discover more in our analysis for 6 August 2025.

GBPUSD forecast: key trading points

• The US ISM services PMI fell to 50.1 in July
• The ISM report indicates almost complete stagnation in the services sector
• GBPUSD forecast for 6 August 2025: 1.3090

Fundamental analysis

The GBPUSD rate has been strengthening for the fourth consecutive session, forming a moderate bullish correction. However, the price remains below the key resistance level at 1.3350.

The US dollar remains under pressure following the unexpected drop in the ISM services PMI to 50.1 in July, down from 50.8 in June. The market consensus had expected an increase to 51.5. The release suggests a near standstill in services sector growth, highlighting the negative impact of President Donald Trump's tariff policy.

RoboForex Market Analysis & Forex Forecasts

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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.

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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

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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 remains in a narrow range for five consecutive sessions

The USDJPY rate remains in a narrow range amid disagreements within the BoJ over the timing of future rate hikes. The current quote is 147.33. Find out more in our analysis for 8 August 2025.

USDJPY forecast: key trading points

• BoJ members are split over the timing and pace of future rate hikes
• BoJ raised its inflation outlook and improved its economic forecast
• Growth in household spending in Japan slowed sharply in June
• USDJPY forecast for 8 August 2025: 150.50

Fundamental analysis

Today, the USDJPY rate is rising slightly, while remaining within the range that has held for five consecutive trading sessions. Buyers continue to defend the key 146.65 support level. The US dollar is strengthening after the release of the BoJ’s July meeting minutes, which revealed that board members are divided on the timing and pace of future rate hikes.

The central bank kept its interest rate at 0.5%, raised its inflation forecast, and presented a more optimistic assessment of the economic outlook. Some BoJ officials warned of rising inflationary pressures and supported a gradual rate hike to avoid abrupt tightening. Others argued for maintaining the current accommodative stance, citing significant uncertainty over whether economic forecasts will materialise.

RoboForex Market Analysis & Forex Forecasts

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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 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

US 500 forecast: quotes approach resistance, but the downtrend continues

The US 500 index remains in a downtrend, which is unlikely to be long-term. The US 500 forecast for today is negative.

US 500 forecast: key trading points

• Recent data: the US ISM non-manufacturing PMI came in at 50.1 in July
• Market impact: for the US stock market, such data has a mixed effect

Fundamental analysis

The ISM non-manufacturing PMI is a key indicator of the service sector, which accounts for more than 70% of US GDP. The July 2025 reading of 50.1 shows that the economy in the service segment continues to grow, but very weakly, and is almost on the verge of stagnation. The figure came in below the forecast of 51.5 and barely changed from the previous 50.8, indicating a lack of strong growth drivers and possibly declining business confidence in the industry.

For the US stock market, such data has a mixed impact. On one hand, weak service sector figures cool expectations for corporate earnings growth in consumer-facing industries and raise concerns about the sustainability of domestic demand. This could put negative pressure on the broad US 500 index, especially in cyclical sectors that depend on economic activity.

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

GBPUSD on the rise: September Fed decision could trigger a breakout

Ahead of the Federal Reserve’s interest rate decision, the pound continues to strengthen against the USD, with the GBPUSD rate possibly reaching 1.3570. Discover more in our analysis for 13 August 2025.

GBPUSD technical analysis

Having tested the upper Bollinger Band, GBPUSD formed a Harami reversal pattern on the H4 chart. At this stage, the pair may develop a corrective wave following the signal from the pattern. Given that the price remains within a descending channel, the corrective wave could extend further.



The market is awaiting the Federal Reserve’s decision, while GBPUSD technical analysis suggests a correction towards the 1.3445 support level before further growth.

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

JP 225 forecast: the index has formed an upward channel and targets a new all-time high

The JP 225 stock index hit a new all-time high and continued its upward trajectory. The JP 225 forecast for today is positive.

JP 225 forecast: key trading points

• Recent data: Japan’s current account for July totalled 1.348 trillion JPY
• Market impact: overall reaction for the broad equity market is neutral to restrained

Fundamental analysis

While the current account remains in surplus, it is significantly lower than both the consensus and the previous reading. The decline signals less favourable external conditions and higher import costs, which may limit corporate profit margins. At the same time, a likely soft yen partially offsets the effect by supporting exporters. As a result, the balance of factors for the index is mixed: there may be heightened sensitivity to news about global demand and energy prices.

For the JP 225, this means a mixed backdrop: export-oriented industries benefit from a weaker yen in the short term, while energy-intensive and import-dependent segments face shrinking margins. The index’s further trajectory will depend on global trade trends, energy price dynamics, yen movements, and the Bank of Japan’s assessment of the balance between policy normalisation and support for economic growth.

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

USDJPY rises as all eyes remain on geopolitics

The USDJPY pair started the week climbing towards 147.50. Investors are awaiting signals from the Jackson Hole Symposium. Discover more in our analysis for 18 August 2025.

USDJPY technical analysis

On the H4 chart, the USDJPY pair is trading near 147.40, holding within a narrow range after sharp moves in late July. The key support level lies around 146.20, the mid-August low. The resistance levels are 147.60 and 148.50, with a higher barrier at 150.95, where the market previously set a peak.



The USDJPY pair rises as investors favour a stronger US dollar.

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

Gold (XAUUSD) falls ahead of the Fed’s Jackson Hole Symposium

Gold (XAUUSD) prices continue to decline, moving towards 3,317 USD. Demand for safe-haven assets has weakened significantly. Find more details are in our analysis for 20 August 2025.

XAUUSD forecast: key trading points

• Gold (XAUUSD) is edging down, preparing to reach a new three-week low
• Easing geopolitical tensions and a surging USD have drawn part of market interest away from gold
• XAUUSD forecast for 20 August 2025: 3,311 and 3,265

Fundamental analysis

On Wednesday, gold (XAUUSD) prices fell to 3,317 USD per troy ounce, nearing their three-week low. Pressure on the metal came from expectations of easing geopolitical tensions and a stronger US dollar.

Earlier, US President Donald Trump stated that he does not plan to send ground troops but admitted the possibility of air support as part of efforts to resolve the conflict with Russia. Investors now focus on the upcoming speech by Federal Reserve Chairman Jerome Powell at Jackson Hole. Additional market cues may also come from the FOMC minutes due later on Wednesday.

Rate futures indicate the likelihood of two Fed rate cuts of 25 basis points each by the end of the year, with the first possibly coming 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

EURUSD holds steady ahead of Jerome Powell’s speech

The EURUSD rate is correcting within a sideways range as investors focus on Fed signals. The current quote is 1.1646. Discover more in our analysis for 21 August 2025.

EURUSD technical analysis

The EURUSD rate is hovering within a Wedge pattern. An attempt to break below the 1.1620 support level has so far failed, keeping chances alive for an upward impulse.



The EURUSD pair continues to consolidate, with further movement dependent on Fed signals and market sentiment regarding a rate cut.

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