Forex Technical/Fundamental Analysis & Forecast by RoboForex

Brent near two-week high: OPEC+ decisions eased Red Sea events

Brent price on Tuesday remains around 68.80 USD per barrel. News from Yemen balanced out market pressure. Details – in our analysis for 8 July 2025.

Brent technical analysis

On the H4 chart for Brent, a recovery is visible after the sharp fall between 21–24 June. After the collapse, quotes stabilised within a sideways range with a lower boundary near 65.74 and an upper at 67.78.



Brent crude oil keeps its eye on the two-week high and remains close by.

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

GBPUSD in an uptrend despite global risks

The GBPUSD rate is strengthening but remains under pressure from global tensions and calls for increased defence spending. Current quote – 1.3593. Details – in our analysis for 9 July 2025.

GBPUSD forecast: key trading points

• The UK is working on an agreement with the US to cancel steel tariffs, fearing an increase up to 50%
• An increase in steel tariffs could have a devastating impact on the British steel industry
• GBPUSD forecast for 9 July 2025: 1.3770

Fundamental analysis

The GBPUSD rate is recovering after three consecutive days of decline. The British pound came under pressure due to rising global tensions and mounting calls for increased defence spending, creating long-term budgetary uncertainty. Despite the current bearish correction, the GBPUSD currency pair continues to move within an uptrend.

The Office for Budget Responsibility (OBR) warned that government debt could reach 270% of GDP by 2070, due to demographic changes and rising healthcare and pension 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

XAUUSD rises for the second day in a row – is a new upward wave starting?

The XAUUSD price is forming a Triangle pattern, reflecting consolidation before a potential breakout. Current quote – 3,322 USD. Details – in our analysis for 10 July 2025.

XAUUSD technical analysis

XAUUSD quotes are strengthening after rebounding from the lower boundary of the Triangle pattern. Despite seller pressure in the first half of the week, the price is recovering, remaining above the key support level at 3,285.



Weakness in the US dollar, expectations of rate cuts, and political pressure on the Fed create a favourable environment for further gold growth.

Read more - Gold 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) at a stabilization point: many risks, but no one is afraid

Gold (XAUUSD) price consolidates at 3,333 USD. Trump’s trade policy worries the market, but there is no panic. Details – in our analysis for 11 July 2025.

XAUUSD forecast: key trading points

• Gold (XAUUSD) price has changed little over the week
• The market is focused on trade risks but is not yet ready to re-evaluate them
• XAUUSD forecast for 11 July 2025: 3,345

Fundamental analysis

Gold (XAUUSD) price remains stable near 3,333 USD on Friday. Overall, the precious metal attempts to rise for the third day in a row. Market focus remains on demand for safe-haven assets amid escalating trade tensions.

President Donald Trump announced the introduction of a 35% tariff on imports from Canada starting 1 August and spoke about plans to introduce large-scale tariffs of 15-20% for most other trading partners. Previously, there were threats against Brazil and proposals to impose tariffs on copper, semiconductors, and pharmaceutical products.

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

Brent hovers at key support – market awaits a reversal

Brent quotes remain under pressure due to fears of a global economic slowdown, currently standing at 68.43 USD. Discover more in our analysis for 15 July 2025.

Brent technical analysis

Brent quotes remain within the ascending channel despite a local decline. Prices have fallen to the channel’s lower boundary near the 68.25 USD support level.



Reduced drilling capacity in the US and potential underinvestment in the sector provide long-term support for oil prices

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

Rebound or failure? GBPUSD hangs in the balance

In anticipation of data from the UK and the US, GBPUSD quotes may reverse and head towards the 1.3500 mark. Discover more in our analysis for 16 July 2025.

GBPUSD forecast: key trading points

• UK Consumer Price Index (CPI): previously at 3.4%, projected at 3.4%
• US Producer Price Index (PPI): previously at 0.1%, projected at 0.2%
• GBPUSD forecast for 16 July 2025: 1.3500

Fundamental analysis

The GBPUSD forecast for 16 July 2025 takes into account that the pair remains in a correction phase and is currently near the support level of the ascending channel.

The UK Consumer Price Index reflects changes in the cost of goods and services for consumers and helps assess consumer behaviour trends and potential stagnation in the economy. Generally, if the CPI exceeds expectations, it has a positive impact on the national currency.

The forecast for 16 July 2025 suggests the CPI for June 2025 may remain at 3.4%. Any increase would support the British pound.

The US PPI is expected to rise to 0.2%, up from 0.1% previously. However, the increase is modest, and the actual figure may differ significantly from the forecast.

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

Fundamental storm, waiting for EURUSD reaction

Amid strengthening USD, the EURUSD pair may decline towards 1.1555. Discover more in our analysis for 17 July 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD pair formed a Harami reversal pattern near the lower Bollinger Band. At this stage, the pair may continue its corrective wave in response to this signal. Given that the price remains within a descending channel, a further decline towards the nearest support at 1.1555 can be expected.



Today’s EURUSD forecast favours the USD. Combined with EURUSD technical analysis, stronger US economic indicators suggest a likely decline towards the 1.1555 support level after a corrective move.

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

USDJPY in the eye of the storm, yen loses balance

As Japan awaits the upper house elections, the USDJPY pair may continue its upward movement towards 149.60. Find out more in our analysis for 18 July 2025.

USDJPY forecast: key trading points

• Nationwide core Consumer Price Index in Japan: previously at -3.7%, currently at -3.3%
• Yen awaits upper house elections
• USDJPY forecast for 18 July 2025: 149.60

Fundamental analysis

The USDJPY fundamental analysis for 18 July 2025 shows that the pair remains in an upward channel, having consolidated near the 148.60 level. Strong macroeconomic data from the US and political uncertainty in Japan continue to pressure the yen.

US retail sales reports and a drop in jobless claims further support the dollar – both as a reflection of domestic economic resilience and as a safe-haven asset. Expectations for a near-term Federal Reserve rate cut have weakened.

On the Japanese side, the market is pricing in risks related to the upcoming upper house parliamentary elections. A decline in the core CPI and growing political pressure on the current administration are adding to USDJPY volatility.

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 in a Triangle – a breakout below 1.3665 could open the way to new lows

The USDCAD rate remains under bearish pressure amid expectations of a Federal Reserve rate cut, currently standing at 1.3717. Discover more in our analysis for 21 July 2025.

USDCAD technical analysis

The USDCAD rate remains within a descending channel, with quotes consolidating below the 1.3755 resistance level, suggesting ongoing bearish pressure. Today’s USDCAD forecast points to a potential decline towards the lower boundary of the Triangle pattern, targeting the 1.3605 area.



Despite short-term support for the US dollar, expectations of a Fed rate cut increase the risk of further weakening in the medium term.

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

DE 40 forecast: the correction has ended, further growth is expected

The DE 40 stock index is poised to resume upward movement. Today’s DE 40 forecast is positive.

DE 40 forecast: key trading points

• Recent data: Germany’s Producer Price Index (PPI) for June came in at 0.1%
• Market impact: the value is neutral for the German stock market and the DE 40 index

Fundamental analysis

Germany’s PPI for June 2025 showed a 0.1% increase, matching forecasts and improving from the previous month’s -0.2%. A moderate rise in producer prices indicates stability in the manufacturing sector and the absence of sharp price surges, which reduces risks for corporate profitability within the index. This supports investor confidence in sectors such as industrials, engineering, and chemicals, as their cost base is not significantly affected by inflationary shocks.

Overall, the PPI data confirms expectations of a stable economic backdrop without abrupt inflationary spikes, which supports a positive outlook for the German stock market in both the short and medium term. Investors may expect a continued moderate rise in shares of leading DE 40 companies, while maintaining a balance between risks and opportunities.

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