Market Fundamental Analysis by RoboForex

[RoboForex Team]

XAUUSD faces a key signal: dovish Fed rhetoric or another blow to gold

Gold continues to correct in anticipation of signals from the Federal Reserve, with prices currently at 4,575 USD.

XAUUSD forecast: key takeaways

• The core PCE for July rose to 3.7%
• The market estimates the likelihood of a rate hike in September at around 34%
• XAUUSD forecast for 28 August 2026: 4,720 and 4,550

Fundamental analysis

The XAUUSD price forecast for today, 28 August 2026, shows that gold continues its corrective wave after reaching its highest levels in more than three months and is testing 4,575 USD.

Today, markets are awaiting Federal Reserve Chairman Kevin Warsh’s speech at Jackson Hole. Following recent signals from Fed officials about persistent inflation risks.

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 attracts buyers again as expectations weigh on the yen

The USDJPY pair has pulled back to 159.84 after another rise. Since the latest intervention, the yen has lost half of its gains.

USDJPY forecast: key takeaways

• The USDJPY pair remains strong and is poised for further gains, but after a correction
• The market is responding to comments from Federal Reserve Chairman Warsh
• USDJPY forecast for 31 August 2026: 159.34 or 160.23

Fundamental analysis

The USDJPY rate is correcting after another rise and is trading around 159.84 on Monday. The Japanese yen remains near its monthly lows, pressured by hawkish comments from Federal Reserve Chairman Kevin Warsh, which strengthened expectations of a US rate hike in September.

The market currently estimates the likelihood of a 25-basis-point Federal Reserve rate hike next month at roughly 57%, up from 40% a week ago.

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