Forex Technical/Fundamental Analysis & Forecast by RoboForex

Brent declines as US crude oil inventories rise

Brent prices dropped to around 64.00 USD following the release of US crude oil inventory data from the EIA. Discover more in our analysis for 22 May 2025.

Brent technical analysis

On the H4 chart, Brent shows a downward correction following its recent rise. Prices are currently trading within a broad sideways range between 63.00 and 66.00 USD. The breakout direction from this range will determine the asset’s next move.



Brent quotes are falling following the EIA’s report of a 1.328 million barrel rise in US oil inventories.

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

AUDUSD trapped in a Triangle: market holds breath before a breakout

The AUDUSD pair is rising after rebounding from support, with traders closely watching the 0.6495 resistance level. The price currently stands at 0.6433. Discover more in our analysis for 23 May 2025.

AUDUSD forecast: key trading points

• Expectations of a Fed rate cut in the second half of 2025 support AUDUSD's current uptrend
• Traders anticipate a breakout from the consolidation range, which could trigger a strong directional move
• AUDUSD forecast for 23 May 2025: 0.6545

Fundamental analysis

The AUDUSD rate strengthens but remains confined within a sideways consolidation. The US dollar is under pressure due to ongoing fiscal risks and the lack of progress in trade negotiations. Additional support for the Australian currency came from expectations of a Federal Reserve interest rate cut in the second half of 2025.

Earlier this week, the Reserve Bank of Australia lowered its key rate by 25 basis points. Markets now price in over a 50% likelihood of a second rate cut at the next meeting in July.

Against this backdrop, AUDUSD trading remains mixed and volatile. The price is squeezed in a consolidation range with the upper boundary at 0.6495 and the lower one at 0.6360. Traders are closely monitoring this phase as such consolidations often end with a strong breakout.

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

Central banks stay active: gold (XAUUSD) maintains bullish potential

After completing a correction, gold (XAUUSD) may resume its uptrend, with the 3,400 USD resistance level as the next target. Discover more in our analysis for 26 May 2025.

XAUUSD technical analysis

On the H4 chart, XAUUSD prices formed a Harami reversal pattern near the upper Bollinger Band. Quotes are currently developing a corrective wave based on this signal. However, since they remain within an ascending channel, further growth is expected. The target for the correction could be the 3,310 USD support level.



Despite a short-term correction, gold remains strongly supported by fundamental drivers.

Read more - XAUUSD 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

USDJPY rebounds from support – correction or start of a reversal?

The USDJPY rate is recovering, although the US dollar remains under pressure, with the price currently at 142.64. Discover more in our analysis for 27 May 2025.

USDJPY forecast: key trading points

• Japan’s inflation accelerated to 3.5%, the highest level in two years
• Rising inflation increases the likelihood of a BoJ rate hike
• USDJPY forecast for 27 May 2025: 144.95

Fundamental analysis

The USDJPY rate is correcting after rebounding from the key support level at 142.25. The US dollar remains under pressure as investors adjust their expectations for the Bank of Japan’s next moves, pricing in another rate hike amid steady inflation. According to last week’s data, Japan’s core inflation unexpectedly accelerated to 3.5%, its highest in two years, strengthening the case for further monetary policy tightening.

Meanwhile, Tokyo’s unemployment rate rose to 2.5% in March from 2.4% in February, while employment showed a slight decline. Japan’s Leading Economic Index, which signals short-term economic prospects, was revised up to 108.1 from 107.7 but remains at its lowest since December due to weak consumer sentiment. The Coincident Index, tracking current economic activity including industrial production, fell to 115.9, the lowest reading since November.

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 drops below 1.3500 – will the correction continue?

The GBPUSD pair fell below the 1.3500 level amid US dollar strength and tensions between the UK and the IMF. Discover more in our analysis for 28 May 2025.

GBPUSD technical analysis

On the H4 chart, the GBPUSD pair is undergoing a downward correction after last week’s strong rally. The Alligator indicator has turned downwards, confirming the potential for further correction. The key support level for the current uptrend now stands at 1.3450.



The GBPUSD pair has dipped below 1.3500 amid US dollar strength and IMF warnings directed at the UK.

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

Gold (XAUUSD) plummets as markets rush into risk

Gold (XAUUSD) prices dropped to 3,270 USD. The easing of tariff risks has dampened demand for safe-haven assets. Discover more in our analysis for 29 May 2025.

XAUUSD forecast: key trading points

• Gold (XAUUSD) quotes are falling for the third consecutive day as risk appetite grows
• Strengthening of the US dollar adds to pressure on gold
• XAUUSD forecast for 29 May 2025: 3,244 USD

Fundamental analysis

Gold (XAUUSD) fell to 3,270 USD on Thursday, marking its third consecutive daily decline. The main trigger is the fading concern over tariffs, which has reduced demand for safe-haven assets.

The sell-off intensified following a ruling by the US Court of International Trade, which determined that President Donald Trump had overstepped his authority in imposing retaliatory tariffs on trade partners. The court ordered these measures to be cancelled and permanently blocked. The White House is expected to appeal, but for now, the decision deals a significant blow to the Trump administration’s economic policies.

The latest FOMC meeting minutes revealed that the Federal Reserve is maintaining a cautious stance as it assesses the impact of recent policy decisions, mainly those related to tariffs. The document also highlighted rising risks of inflation and unemployment.

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 under pressure from statistics

The AUDUSD pair slipped to 0.6425 on Friday. Weak economic data suggests the RBA may continue cutting interest rates. Discover more in our analysis for 30 May 2025.

AUDUSD technical analysis

On the H4 chart, the AUDUSD pair appears poised to retest the local low at 0.6420. A breakout below this level would pave the way for a move down to 0.6404.



The AUDUSD pair has lost nearly 1% over the week and remains under pressure.

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

EURUSD starts the week steadily: all eyes on risk

The EURUSD pair is hovering around 1.1358 on Monday as investors assess risk levels at the start of a new week. Find out more in our analysis for 2 June 2025.

EURUSD forecast: key trading points

• The EURUSD rate is edging up modestly as overall market sentiment remains weak
• Concerns about deteriorating global trade relations re-emerge
• EURUSD forecast for 2 June 2025: 1.1390 and 1.1424

Fundamental analysis

The EURUSD pair is trading close to 1.1358 at the start of the week and the new month. Market sentiment has deteriorated due to renewed concerns over global trade tensions.

On Friday, Donald Trump said he might introduce 50% tariffs on steel and aluminium imports starting from 4 June. Meanwhile, US-China relations have worsened again as Beijing rejected Washington’s claims of breaching the temporary trade agreement. This has cast doubt on the likelihood of further trade talks between the two nations.

Still, negotiations could resume as early as this week.

Market focus now shifts to fresh US economic data, particularly Friday’s Non-Farm Payrolls report for May.

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 rebounds, but downtrend remains dominant

The USDJPY rate is gaining strength following a statement from the Bank of Japan's governor, with the price currently at 142.91. Discover more in our analysis for 3 June 2025.

USDJPY technical analysis

The USDJPY rate continues to move within a descending channel, maintaining potential for further decline. The latest growth attempt stalled at the resistance level of 143.35. Today’s USDJPY forecast suggests a move lower towards 141.35. The Stochastic Oscillator confirms the bearish scenario, with the indicator is bouncing off a descending trendline, signalling ongoing selling pressure.



The USDJPY rate has bounced from the support level, yet the risk of further downside remains due to expectations that the Bank of Japan will hold rates steady and the upcoming US jobs data.

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

GBPUSD under pressure: US labour market data crushes bulls’ hopes

The GBPUSD rate is falling amid US dollar strength following robust US labour market data. The price currently stands at 1.3504. Find out more in our analysis for 4 June 2025.

GBPUSD forecast: key trading points

• US job openings rose to 7.391 million in April
• Robust JOLTS data boosted support for the USD
• The ADP private sector employment report is due today
• GBPUSD forecast for 4 June 2025: 1.3450 and 1.3600

Fundamental analysis

The GBPUSD rate is declining for the second consecutive session. Sellers re-entered the market after testing the key resistance level at 1.3565. On the daily chart, a Double Top reversal pattern appears to be forming, increasing the likelihood of a move down towards the next target at 1.3445.

The US dollar gained support from the latest labour market data. On Tuesday, the JOLTS job openings report showed an unexpected rise to 7.391 million in April, well above the consensus forecast of 7.167 million. This indicates continued resilience of the US labour market and reinforces expectations for a more hawkish Federal Reserve stance, putting pressure on the GBPUSD rate.

Investor focus now shifts to the upcoming US data. The ADP private sector employment report is due today, followed by the key May employment data on Friday, which could heavily influence the pair’s next move.

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