Market Technical Analysis by RoboForex

[RoboForex Team]

Rising US oil inventories increase pressure on Brent

Brent prices continue to react to geopolitical developments and US inventory data, currently trading at 62.18 USD. Discover more in our analysis for 16 October 2025.

Brent technical analysis

Brent quotes continue to move within a descending channel, remaining under selling pressure. After failing to consolidate above the 62.60 USD resistance level, prices resumed their decline, indicating sustained bearish momentum.

Rising US oil inventories continue to weigh on Brent 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

 

[RoboForex Team]

US dollar weakness opens the way for AUDUSD growth

US industrial stagnation gives AUDUSD a chance to rise towards 0.6530. Find out more in our analysis for 17 October 2025.

AUDUSD technical analysis

On the H4 chart, the AUDUSD rate tested the lower Bollinger Band and formed a Hammer reversal pattern. At this stage, prices may develop a corrective wave following this signal, with the target for the pullback at the 0.6530 resistance level.

The AUDUSD forecast for 17 October 2025 suggests a potential partial recovery of the Australian dollar.

Read more - AUDUSD 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 rebounds after positive US news

The USDCAD pair starts the week with a recovery attempt after last week’s decline, currently trading at 1.4023. Find more details in our analysis for 20 October 2025.

USDCAD technical analysis

The USDCAD pair continues to move within an ascending channel despite sellers’ attempts to trigger a correction.

After a short-term decline, the price is testing the lower boundary of the channel, indicating that buying interest remains intact. The Stochastic Oscillator shows a rebound from oversold territory, with a potential upward crossover forming, confirming the market’s readiness to resume growth.

With the US dollar strengthening and steady investor interest in Canadian assets, the short-term USDCAD outlook remains bullish.

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]

Investors buy USDJPY ahead of BoJ policy decisions

The USDJPY pair continues to strengthen amid ongoing political uncertainty and expectations of the upcoming Bank of Japan meeting, currently trading at 151.56. Find out more in our analysis for 21 October 2025.

USDJPY technical analysis

The USDJPY pair continues its upward trajectory after breaking above the upper boundary of a Head and Shoulders reversal pattern. Buyers have confidently held the price above the 151.00 resistance level, confirming a sustained bullish momentum.

Political uncertainty in Japan and investor focus on the upcoming Bank of Japan meeting continue to drive demand for the US dollar.

Read more - USDJPY 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 plunges after record high – what is behind the XAUUSD collapse?

Gold is undergoing a corrective phase, currently trading around 4,125 USD per ounce. Find more details in our analysis for 22 October 2025.

XAUUSD technical analysis

On the H4 chart, XAUUSD prices have formed a Hammer reversal pattern near the lower Bollinger Band. Gold is currently forming an upward wave following the signal from the pattern. Since XAUUSD quotes remain within an ascending channel, an upside target could be at 4,300 USD.

Profit-taking and temporary US dollar strength triggered a pullback in gold prices.

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]

Brent awakens: oil prices rise amid new sanctions

Brent crude oil prices are once again recovering and trading near 64.20 USD per barrel. Find more details in our analysis for 23 October 2025.

Brent technical analysis

On the H4 chart, Brent quotes tested the lower Bollinger Band and formed a Hammer reversal pattern. They are currently following the signal in the form of an upward wave.

Despite ongoing risks of global oversupply, Brent crude shows signs of recovery.

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]

EURUSD rises above 1.1600

The EURUSD rate is moderately strengthening, climbing above 1.1600 as markets are awaiting key US inflation data. Discover more in our analysis for 24 October 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD pair is undergoing a downward correction, finding strong buying interest around 1.1580. The overall daily impulse remains bullish, suggesting the potential for renewed upward movement once the correction phase is complete.

The EURUSD rate is showing moderate strength, trading above 1.1600 as traders are awaiting US inflation data due today.

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