Market Technical Analysis by RoboForex

[RoboForex Team]

GBPUSD loses ground amid collapse in US consumer expectations

The GBPUSD rate is falling, with sellers holding the 1.2950 resistance level. Discover more in our analysis for 26 March 2025.

GBPUSD technical analysis

The GBPUSD rate is showing a slowdown in the uptrend as prices have broken below the lower boundary of the bullish channel. The pair is now consolidating within a Triangle pattern. Today’s GBPUSD forecast anticipates a drop towards the 1.2805 level. The Stochastic Oscillator supports the bearish scenario as its values are bouncing off the resistance line.

Improved business activity in the UK supports the British pound.

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

 

[RoboForex Team]

Brent continues to climb: data favours buyers

Brent crude oil rose to 73.15 USD. US stockpiles are declining faster than expected. Find more details in our analysis for 27 March 2025.

Brent technical analysis

On the H4 chart, the primary scenario for Brent suggests a further rise towards 73.52, from where the market could move to 74.00.

Brent oil is maintaining its upward momentum.

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

 

[RoboForex Team]

Gold (XAUUSD) hits record highs, surging to the 3,100 USD area

XAUUSD prices are rallying sharply, setting a new all-time high at 3,086 USD. Today, the market awaits US inflation data. Discover more in our XAUUSD analysis for 28 March 2025.

XAUUSD technical analysis

XAUUSD quotes continue their confident upward momentum, setting a new all-time high at 3,086 USD today. The psychologically important 3,000 USD level now acts as key support within the trend.

Gold (XAUUSD) is strengthening, reaching a new all-time high of 3,086 USD.

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

 

[RoboForex Team]

USDCAD: US business activity on the brink – what lies ahead for the market

Weakened business activity in Chicago and Dallas could trigger a fall in the USDCAD rate to 1.4260 following a correction. Discover more in our analysis for 31 March 2025.

USDCAD technical analysis

On the H4 chart, the USDCAD price formed an Inverted Hammer reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the signal received. Since the price remains within a descending channel, a correction towards the nearest resistance level at 1.4360 is expected. If the price rebounds from this resistance, a downtrend may develop.

Weak US economic indicators, combined with USDCAD technical analysis, suggest that the pair may continue its downward trajectory once the correction is complete.

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

 

[RoboForex Team]

EURUSD: economic storm on 2 April – what will Lagarde and Trump say, and how will it hit the dollar

Speeches by the ECB head and the US President may boost the EURUSD pair to 1.0880. Find out more in our analysis for 2 April 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD price formed an Engulfing reversal pattern near the lower Bollinger band. At this stage, it continues its upward trajectory following the received signal. Since the pair remains within an ascending channel, the price could rise to the nearest resistance at 1.0880.

In anticipation of ECB President Lagarde’s speech and Trump’s remarks, combined with the EURUSD technical analysis, the forecast suggests a potential correction followed by growth towards the 1.0880 resistance level.

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

 

[RoboForex Team]

Brent crude oil corrects, but downside risks remain

Brent prices are rising after bouncing off the 72.25 USD support level. Discover more in our analysis for 3 April 2025.

Brent technical analysis

Brent prices consolidated below the Moving Averages, indicating the dominance of sellers and increasing the likelihood of a continued downtrend. Prices are currently testing the 73.05 USD resistance level. Today’s Brent forecast suggests a rebound from this level and a move down towards 70.30 USD.

Brent quotes are recovering from the decline, but concerns over the global economic outlook and rising US crude inventories continue to weigh on the market.

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