Market Fundamental Analysis by RoboForex

[RoboForex Team]

Nonfarm Payrolls sent the dollar sharply lower: gold is surging towards 4,200 USD

Gold continues to strengthen after the release of US employment data. XAUUSD quotes are testing the 4,180 USD level.

XAUUSD forecast: key takeaways

• Nonfarm Payrolls: previously at 129 thousand, currently at 57 thousand
• The US unemployment rate fell from 4.3% to 4.2%
• The likelihood of a Federal Reserve rate hike at the July meeting dropped to 18%

Fundamental analysis

The XAUUSD price forecast for today, 3 July 2026, shows that gold continues its confident recovery, testing the 4,180 USD mark. The rally began following the release of weak US labour market data, which radically changed expectations for the Federal Reserve’s monetary policy.

On Thursday, the US June Nonfarm Payrolls report was published and became a real shock to the market. The previous reading was 129 thousand, the forecast stood at 114 thousand, and the actual figure stunned the market by coming in at 57 thousand.

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 above 162.00: the market is awaiting action from the Bank of Japan

The yen is losing ground once again, and the Japanese government is preparing for intervention. The USDJPY rate currently stands at 162.20.

USDJPY forecast: key takeaways

• The threat of intervention from the Japanese government remains
• Investors are awaiting the release of the latest Federal Reserve meeting minutes
• USDJPY forecast for 6 July 2026: 161.80 and 163.00

Fundamental analysis

Fundamental analysis for 6 July 2026 shows that the pair is forming an upward wave towards the highs of 1986. On Monday morning, quotes are trading around 162.20, with the yen remaining under pressure despite the recent tightening of the Bank of Japan’s monetary policy.

The pair’s approach to the 162.00–163.00 levels has fuelled expectations that Japan’s Ministry of Finance may re-enter the market to support the yen.

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]

Ethereum gets a second chance: the market is gearing up for a strong move

The ETHUSD forecast for 7 July 2026 is positive for Ethereum; after the pullback, the price may continue to rise, currently standing at 1,178.00 USD.

ETHUSD forecast: key takeaways

• Ethereum rose by more than 12% last week
• The price increased in response to the weak US Nonfarm Payrolls report
• ETHUSD forecast for 7 July 2026: 1,840.00 or 1,740.00

Fundamental analysis

Today’s Ethereum price forecast takes into account that Ethereum is correcting today in the 1,770.00–1,780.00 USD area, pulling back from local highs after rising by more than 12% last week.

The price increase was a reaction to the weak US Nonfarm Payrolls report, which weakened the dollar and forced the market to price in Federal Reserve policy easing.

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