Forex Technical/Fundamental Analysis & Forecast by RoboForex

Friday chaos – Nonfarm Payrolls to shake up Gold (XAUUSD) again

A decline in US Nonfarm Payrolls may boost XAUUSD quotes towards 3,160 USD. Discover more in our analysis for 4 April 2025.

XAUUSD forecast: key trading points

• US Nonfarm Payrolls: previously at 151 thousand, projected at 137 thousand
• US unemployment rate: previously at 4.1%, projected at 4.1%
• Current trend: moving upwards
• XAUUSD forecast for 4 April 2025: 3,160 and 3,075

Fundamental analysis

According to the XAUUSD forecast for 4 April 2025, US Nonfarm Payrolls may decline to 137 thousand from the previous 151 thousand. If the actual figure aligns with expectations, the market may see heightened volatility and a temporary weakening of the US dollar.

The Nonfarm Payrolls release consistently generates strong market reactions and can either support the US dollar or make it lose ground.

Today’s XAUUSD analysis also considers that the US unemployment rate for March is expected to remain unchanged at 4.1%. The lack of changes from the previous period would be a neutral factor for the USD.

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

USDCAD: monetary policy pivot – one report could change everything for the CAD

Following the release of the Bank of Canada's Business Outlook Survey, the USDCAD pair could continue its decline towards the 1.4150 support level. Discover more in our analysis for 7 April 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD pair has formed a Hammer reversal pattern near the lower Bollinger band. At this stage, it continues to correct following the pattern signal. Since the price remains within the descending channel, a correction to the nearest resistance at 1.4265 is likely. A rebound from this level may open the door for further downside momentum.



The upcoming release of the Bank of Canada’s Business Outlook Survey and the CB Employment Trends Index could heighten volatility in the USDCAD pair.

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

Strong data from Japan keeps USDJPY from rising further

The USDJPY pair is slightly declining, currently trading at 147.70. Find more details in our analysis for 8 April 2025.

USDJPY forecast: key trading points

• Donald Trump announces readiness to begin trade talks with Japan
• Japan posts a record current account surplus in February 2025
• USDJPY forecast for 8 April 2025: 146.25

Fundamental analysis

The USDJPY rate is retreating after Monday’s sharp rally, where the pair tested the key resistance level at 148.00. The Japanese yen temporarily weakened against the US dollar amid growing uncertainty around global trade — typically a driver of safe-haven demand.

On the political front, Donald Trump confirmed his readiness to start trade negotiations with Japan following a phone call with Prime Minister Shigeru Ishiba. The upcoming talks will address a wide range of issues, including tariffs, currency policy, and state subsidies.

Robust economic data keeps the yen from further weakening. In February 2025, Japan recorded a record current account surplus of 4.0607 trillion yen, driven by strong export growth amid high external demand and a decline in imports due to lower energy prices and subdued domestic consumption.

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 surges on US economic worries

The GBPUSD rate is correcting after rebounding from the 1.2855 resistance level. Find more details in our analysis for 9 April 2025.

GBPUSD technical analysis

The GBPUSD rate is rising despite persisting pressure from sellers. Today’s GBPUSD forecast suggests a continued upward correction, with the potential to reach 1.2945. The Stochastic Oscillator supports the bullish outlook, rebounding from the ascending support line, indicating buyers may be ready to push further.



The GBPUSD rate is strengthening amid trade risks and expectations of Federal Reserve rate cuts.

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