Forex Technical/Fundamental Analysis & Forecast by RoboForex

USDJPY factors in expectations of the BoJ keeping rates unchanged

The USDJPY rate continues its confident upward movement amid yen weakness and expectations that the Bank of Japan will maintain a dovish stance, with prices currently at 158.67. Discover more in our analysis for 22 January 2026.

USDJPY technical analysis

USDJPY quotes continue to rise after breaking out of the downward corrective channel. Buyers breached the upper boundary of the Double Bottom reversal pattern, strengthening the bullish momentum.



The current USDJPY dynamics remain upward; however, growth may slow near the 159.05 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

US Tech forecast: the index enters a sideways trend

The US Tech index failed to renew its all-time high and has moved into a sideways range. The US Tech forecast for next week is positive.

US Tech forecast: key trading points

• Recent data: the US core PCE price index increased to 2.8% year-on-year
• Market impact: the data has a moderately positive effect on the technology sector

Fundamental analysis

The core PCE price index came in at 2.8% year-on-year, fully in line with market expectations, but accelerated compared with the previous reading of 2.7%. Since the PCE is the Federal Reserve’s key gauge of inflation pressure, the fact that inflation has picked up relative to the prior month is perceived as a moderately negative signal for equities. It increases the likelihood of a more cautious approach to monetary easing and supports the scenario of interest rates remaining relatively high for longer.

For the US equity market as a whole, the release can be described as neutral in terms of the headline figure, but slightly negative in trend direction, as an acceleration in core inflation, even by 0.1 percentage point, reduces investor confidence in a rapid decline in borrowing 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

Oil, BoC, and US tariffs: a perfect storm for a USDCAD decline

The Canadian dollar continues to strengthen, with the USDCAD rate testing the 1.3690 level. Discover more in our analysis for 26 January 2026.

USDCAD technical analysis

On the H4 chart, the USDCAD pair formed a Hammer reversal pattern near the lower Bollinger Band. At this stage, it may develop a corrective wave following the signal. Since prices remain within a descending channel, a pullback towards the nearest resistance at 1.3710 can be expected.



The Canadian dollar continues to strengthen amid expectations of the BoC interest rate decision.

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: the index continues to rise and may change trend

The US 500 is recovering but remains in a downtrend. The US 500 forecast for today is positive.

US 500 forecast: key trading points

• Recent data: US services PMI for December came in at 52.5
• Market impact: the data is moderately positive for the equity market

Fundamental analysis

The services PMI index reflects how companies assess current business conditions, including demand, order volumes, employment, and overall activity dynamics. The 50 level separates expansion from contraction, so a reading of 52.5 indicates that the US services sector continues to expand.

For the US 500 index, this suggests that strong upward momentum from this release alone is unlikely, and the baseline reaction is closer to neutral or slightly negative if the market was expecting a stronger reading ahead of the publication. If market participants conclude that growth in services is sustainable and inflationary pressures may persist, bond yields could rise, which would typically have a restraining effect on the US 500.

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 loses ground amid US dollar weakness

The USDJPY pair is correcting after a sharp decline amid the strengthening of the Japanese yen, driven by fundamental factors. The rate currently stands at 152.65. Find out more in our analysis for 28 January 2026.

USDJPY technical analysis

USDJPY quotes are undergoing a moderate correction within a formed descending channel. Sellers are confidently holding the price below the EMA-65, indicating lingering medium-term bearish pressure.



The current USDJPY correction reflects a combination of strengthening fundamental support.

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

JP 225 forecast: the index approaches resistance

The JP 225 stock index may break above the resistance level and reach a new all-time high. The JP 225 forecast for today is positive.

JP 225 forecast: key trading points

• Recent data: the Bank of Japan kept the policy rate at 0.75%
• Market impact: the effect on the Japanese stock market

Fundamental analysis

The Bank of Japan’s decision to keep the rate at 0.75%, combined with an upward revision of economic growth and inflation forecasts, should be interpreted as a more hawkish signal than the rate level itself. Improved macroeconomic expectations from the regulator increase the likelihood of further rate hikes and, accordingly, strengthen the influence of rate expectations on the equity market in the current period.

Given the JP 225 index’s sensitivity to yen dynamics and its significant share of large exporters, the combination of higher growth and inflation forecasts with a clear hint of further rate hikes increases the likelihood of short-term pressure on the index.

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

Profit-taking in XAUUSD after reaching record highs

XAUUSD prices remain highly volatile amid a corrective decline, currently trading at 5,165 USD. Discover more in our analysis for 30 January 2026.

XAUUSD technical analysis

XAUUSD quotes continue their corrective move, but the market is holding above the key support levelat 5,105 USD. This area coincides with the lower boundary of the ascending channel, indicating sustained buying pressure and solid underlying demand.



The current decline in XAUUSD is corrective.

Read more - Gold 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

GBPUSD is neutral as the market awaits Bank of England data

The GBPUSD pair remains stable near 1.3700. The calm news background allows the market to wait for new signals. Discover more in our analysis for 4 February 2026.

GBPUSD technical analysis

On the GBPUSD H4 chart, after prolonged sideways movement in the first half of January, the pair entered a phase of sharp impulsive growth. The breakout above the upper boundary of the range was accompanied by an expansion of Bollinger Bands and accelerated upward movement, indicating buyer dominance.



The GBPUSD pair is rising modestly amid a quiet calendar and ahead of the upcoming Bank of England meeting.

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 hits new all-time high

The JP 225 stock index has broken above the resistance level and reached a new all-time high. The JP 225 forecast for today is positive.

JP 225 forecast: key trading points

• Recent data: Japan Tokyo core CPI declined to 2.00% year-on-year
• Market impact: the effect on the Japanese stock market is moderately negative

Fundamental analysis

The decline in Tokyo core inflation to 2.0% year-on-year, compared to expectations of 2.2% and the previous reading of 2.3%, is perceived by the market as a signal of easing price pressure. For investors, this indicator is important not only in itself, but also as a guide to the likely trajectory of nationwide inflation and, accordingly, future decisions by the Bank of Japan.

For the JP 225 index, this signal is moderately positive in the baseline scenario. If the market concludes that the Bank of Japan will act more cautiously, this supports equity valuations through lower borrowing costs and more favourable financial conditions for businesses.

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

AUDUSD at the start of a rally: buyers are pushing prices higher

The AUDUSD pair is gaining upward momentum after rebounding from the key support level, with the price currently at 0.6956. Discover more in our analysis for 6 February 2026.

AUDUSD technical analysis

The AUDUSD pair is rising after a confident rebound from the 0.6905 support level. Buyers have consolidated above the EMA-65, indicating strengthening bullish pressure and continued upward momentum.



The combination of support from the RBA and the holding of the key 0.6905 level.

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