Market Fundamental Analysis by RoboForex

[RoboForex Team]

Gold (XAUUSD) rises, supported by the Fed stance and market demand

Gold (XAUUSD) has climbed to 3,028 USD, with safe-haven demand continuing to drive the metal higher. Discover more in our analysis for 9 April 2025.

XAUUSD forecast: key trading points

• Gold (XAUUSD) prices continue to recover following recent volatility
• Despite April's dip, Gold (XAUUSD) quotes have gained 13% year-to-date
• XAUUSD forecast for 9 April 2025: 3,046

Fundamental analysis

Gold (XAUUSD) prices rose to 3,028 USD on Wednesday amid growing safe-haven demand. The escalating trade war fuels fears of global recession and rising inflation.

The US government confirmed that additional tariffs on imports from multiple countries will take effect today, with no exemptions at this stage.

China faces the steepest tariff hike of 104% after it refused to comply with US demands to lift its retaliatory duties on US goods by the deadline. US President Donald Trump also announced that a significant tariff on pharmaceutical imports is expected soon.

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

 

[RoboForex Team]

Brent remains highly volatile: new stress ahead?

Brent crude prices are falling again, sliding towards 64.90 USD after a 4% rally in the previous session. Find more details in our analysis for 10 April 2025.

Brent forecast: key trading points

• Brent gained 4% in the previous session but has now stalled
• Trump’s temporary tariff compromise supported prices, but the outlook remains uncertain, potentially curbing growth
• Brent forecast for 10 April 2025: 64.80 and 64.00

Fundamental analysis

Brent prices are hovering around 64.90 USD. On Wednesday, prices rose by over 4% as investor sentiment improved following the US decision to pause tariff hikes for most countries.

US President Donald Trump announced a 90-day period during which import tariffs would be lowered to 10% in an effort to support ongoing trade talks. The move helped reduce fears of a full-blown trade war, which could trigger a global recession and suppress oil demand.

However, markets remain cautious as China was excluded from this deal, and its tariff rate was raised to 125%.

The latest data from the US Department of Energy showed a larger-than-expected drop in gasoline and distillate inventories, helping offset a moderate rise in crude oil stockpiles.

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

 

[RoboForex Team]

EURUSD hits a three-year high: the US dollar is not in demand

The EURUSD rate is testing the 1.1285 level and setting a new peak at 1.1383, with the market concerned about the impact of the US trade war. Find out more in our analysis for 11 April 2025.

EURUSD forecast: key trading points

• The EURUSD pair hits a three-year high and shows no signs of slowing
• The market remains focused on tariff-related risks and sees reasons for a decline in US GDP
• US core inflation for March gives reason for the Fed to cut interest rates
• EURUSD forecast for 11 April 2025: 1.1384

Fundamental analysis

The EURUSD rate touched the 1.1384 level but is now hovering around 1.1285.

The dominant market driver working against the US dollar is concern over the state of the US economy. Investors fear that aggressive tariffs will slow down US growth despite the current 90-day tariff pause.

US inflation data for March came in mixed. The core CPI rose just 2.8% year-on-year, marking the slowest increase since March 2021. This gives markets further reason to anticipate a rate cut from the Federal Reserve.

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

 

[RoboForex Team]

USDJPY falls sharply – yen takes centre stage as safe-haven asset

The USDJPY pair plummeted to 142.41, with chances to reach new lows being high. Find more details in our analysis for 14 April 2025.

USDJPY forecast: key trading points

• The USDJPY pair is testing six-month lows and may go lower
• The market is focused on the upcoming US-Japan tariff negotiations
• The Japanese yen is performing strongly as a safe-haven asset
• USDJPY forecast for 14 April 2025: 142.06

Fundamental analysis

The USDJPY rate fell to 142.41 on Monday, approaching its lowest level in six months. Escalating global uncertainty driven by trade conflicts has increased demand for safe-haven assets.

Markets are closely watching the upcoming trade talks between Washington and Tokyo. Japan’s chief negotiator, Akazawa Ryosei, is set to meet this week with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer.

Japan currently benefits from a reduced 10% tariff rate and aims to secure more favourable terms in ongoing discussions.

The USDJPY forecast is negative.

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