Forex Technical/Fundamental Analysis & Forecast by RoboForex

Gold (XAUUSD) resumes rally — next target: 3,405 USD

XAUUSD has broken above the upper channel boundary, signalling an end to the recent pullback. The current quote is 3,327 USD. Full analysis for 18 April 2025 below.

XAUUSD forecast: key trading points

• Gold remains in demand amid uncertainty over US trade policy
• Central banks and private investors continue to accumulate gold
• Goldman Sachs forecasts gold at 3,700 USD by year-end
• XAUUSD forecast for 18 April 2025: 3,405 USD

Fundamental analysis

XAUUSD is regaining strength following a short-term pullback, still trading firmly within an upward channel. Demand for gold remains high as market participants seek refuge from ongoing US trade policy uncertainty.

Investors are reacting to shifting signals from the Trump administration, which is reportedly considering new tariffs on semiconductor and pharmaceutical imports. Meanwhile, renewed trade talks with China are back in focus, with Beijing expressing willingness to resume dialogue — albeit under certain conditions.

Analysts highlight continued strong demand for gold from both central banks and private investors. This provides a robust foundation for further price appreciation. According to Goldman Sachs, gold could reach 3,700 USD by the end of 2025.

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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The RoboForex Team

Fed under fire — USDCAD tumbles amid policy chaos

USDCAD is falling sharply, with the pair trading at 1.3791. Full breakdown in our forecast for 21 April 2025.

USDCAD technical analysis

USDCAD is breaking lower after falling through the 1.3825 support level. Today’s outlook anticipates a short-lived corrective pullback toward the upper boundary of the descending channel, followed by a move down toward 1.3735.



The outlook for USDCAD remains bearish as political instability in the US and tariff uncertainty continue to erode confidence in the 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

EURUSD surges as pressure mounts on Jerome Powell

The EURUSD rate is gaining for the third consecutive trading session, currently trading at 1.1530. Find out more in our analysis for 22 April 2025.

EURUSD forecast: key trading points

• President Donald Trump intensifies criticism of Fed Chairman Jerome Powell
• Traders are concerned about growing tension between the White House and the Federal Reserve
• EURUSD forecast for 22 April 2025: 1.1630

Fundamental analysis

The EURUSD rate continues to rally after rebounding from the 1.1475 support level. Pressure on the US dollar has increased following fresh verbal attacks by President Donald Trump on Federal Reserve Chairman Jerome Powell. On Monday, Trump escalated his calls for immediate rate cuts.

Market participants are increasingly concerned about the rising tension between the White House and the Fed. Trump’s actions could be perceived as an attempt to pressure the Fed’s independence, with speculation around a possible replacement of Powell adding to uncertainty and fear in the market, undermining confidence in the US dollar.

Additional support for the EURUSD rally came from investor disappointment over stalled US-China trade negotiations. Beijing accused Washington of misusing tariffs and warned other nations about entering trade deals with the US, which has increased tensions and further weighed on 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

EURUSD loses bullish momentum: US dollar regains the lead

The EURUSD pair declined to 1.1378. The White House made efforts to calm investors. Find more details in our analysis for 23 April 2025.

EURUSD technical analysis

The EURUSD H4 chart shows a possible corrective wave developing towards 1.1303. After this decline, the market is expected to resume growth, aiming for 1.1425 and then 1.1504.



The EURUSD pair has reached another three-year high before entering a correction.

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

Two days of decline behind: Gold (XAUUSD) gears up for an upward spurt

XAUUSD is rebounding from the support level, currently trading at 3,331 USD. Discover more in our analysis for 24 April 2025.

XAUUSD forecast: key trading points

• Strong fundamental factors drive demand for Gold
• Investors view buying on price declines as the optimal strategy in current conditions
• XAUUSD forecast for 24 April 2025: 3,465

Fundamental analysis

XAUUSD quotes are recovering after two days of losses. The decline was driven by rising risk appetite, following statements from Donald Trump about potentially lowering tariffs on Chinese goods and reaching a trade agreement with Beijing.

US Treasury Secretary Scott Bessent said on Wednesday that the current level of tariffs between the US and China is unsustainable and should be reduced before new talks can begin. However, he stressed that Trump has no plans to unilaterally lift tariffs on Chinese imports.

Market participants believe the bullish trend in Gold will continue unless the White House demonstrates a genuine shift in its trade policy. For now, strong fundamentals continue to support demand for Gold, with buying on dips remaining the preferred strategy.

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 retreats into correction; will the decline continue?

The EURUSD pair sharply entered a corrective phase after hitting 1.1573. A reversal pattern may form on the chart. Find more details in our analysis for 25 April 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD rate is undergoing a bearish correction after reaching a yearly high of 1.1573. A Head and Shoulders reversal pattern could form if the price consolidates below 1.1300. In this scenario, the next downside target will be the 1.1150 support level.



The EURUSD pair has entered a downward correction after reaching its yearly high of 1.1573.

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