Market Technical Analysis by RoboForex

[RoboForex Team]

XAUUSD has fallen more than 26% from its all-time high

Gold prices remain under pressure amid growing expectations of further monetary policy tightening by the US Federal Reserve, currently standing at 4,114 USD.

Technical outlook

The XAUUSD forecast for 21 October 2026 suggests the downtrend will continue, with prices potentially falling to 3,970 USD.

Gold remains primarily influenced by the high probability of another Fed interest rate hike in December.

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]

USDJPY declines amid expectations of tighter BoJ policy

The USDJPY pair is falling more sharply as the yen strengthens and technical indicators continue to give bearish signals. The rate currently stands at 157.19.

Technical outlook

The USDJPY rate is declining sharply, although buyers found support at the lower boundary of the descending channel. Today's USDJPY forecast anticipates a further decline towards a potential target at 156.25.

The USDJPY forecast for 22 October 2026 indicates that bearish momentum is likely to persist.

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