TRENDING:

XAU/USD

EUR/USD

Forex technical analysis and forecast: Majors, equities and commodities

RoboForex Team RoboForex

EUR/USD, “Euro vs US Dollar”

After breaking 1.1585 to the downside and completing the descending wave at 1.1530, EURUSD has finished the ascending impulse towards 1.1555 along with the correction to reach 1.1540; right now, it is growing to break 1.1555. Later, the market may start another growth to reach 1.1583 and then form a new descending structure to return to 1.1555.

GBP/USD, “Great Britain Pound vs US Dollar”

GBPUSD has broken 1.3611 to the downside. Possibly, today the pair may continue trading downwards to reach 1.3535 and then form one more ascending structure with the target at 1.3660.

USD/RUB, “US Dollar vs Russian Ruble”

USDRUB is still consolidating around 72.48. Today, the pair may break this range to the downside and reach 72.00. After that, the instrument may grow to test 72.50 from below and then resume trading downwards with the target at 71.70.

USD/JPY, “US Dollar vs Japanese Yen”

USDJPY has completed the ascending structure at 111.78; right now, it is falling to reach 111.18 and may later form a new consolidation range there. After that, the instrument may break the range to the downside and resume falling with the target at 110.80.

USD/CHF, “US Dollar vs Swiss Franc”

After finishing the correctional structure at 0.9266, USDCHF is expected to start another growth to beak 0.9310 and then continue trading upwards with the target at 0.9355.

AUD/USD, “Australian Dollar vs US Dollar”

AUDUSD has completed the correctional wave at 0.7235; right now, it is growing to reach 0.7300. Later, the market may start another decline towards 0.7275 and then resume moving upwards with the target at 0.7323.

Brent

Brent is correcting towards 80.70. After that, the instrument may resume trading upwards to break 84.00 and then continue growing with the target at 90.00.

XAU/USD, “Gold vs US Dollar”

Gold has finished the correctional structure at 1746.00. Today, the metal may form one more ascending structure to break 1769.00 and then continue trading upwards with the target at 1790.18.

S&P 500

The S&P index is consolidating around 4330.0. Possibly, today the asset may expand the range up to 4400.5 and then fall to break 4300.94. Later, the market may continue trading downwards with the target at 4234.4.

Author

RoboForex Team

RoboForex

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

GBP/USD extends the drop to 1.3360

GBP/USD builds on Monday’s decline and briefly clinches five-day lows near 1.3360 on Tuesday. Cable’s extra pullback follows the better tone in the Greenback as uncertainty in the Middle East prompts investors to adopt a cautious stance. Meanwhile, an apathetic UK labour market report also collaborates with the selling pressure on the British Pound.

EUR/USD stays offered just above 1.1400

EUR/USD keeps the downtrend well in place for yet another day, challenging the 1.1400 contention zone on Tuesday. The continuation of the selling impulse in spot comes amid decent gains in the US Dollar, which continues to find support in the persistent effervescence surrounding the US-Iran crisis.

Middle East crisis intensifies, Gold up

Gold now seems to have embarked on a consolidative phase below the key $4,100 mark per troy ounce in the latter part of Tuesday’s session. Meanwhile, uncertainty surrounding the Middle East conflict and rising expectations for a hawkish Fed policy outlook are expected to limit the precious metal’s bullish momentum in the near term.

XRP rebounds on rising on-chain activity

Ripple (XRP) ticks up and trades around $1.13 at the time of writing on Tuesday. This rebound aligns with a broader recovery in the cryptocurrency market, attributed to reports that mediators between the United States (US) and Iran are seeking a 10-day cessation of strikes to find a way back to the signed Memorandum of Understanding (MoU).

The Iranian war has again risen

The Iranian war has again risen to the top of the economics factor list. There is no end in sight. Intelligence experts say the current level of offense/retaliation will not change minds in Tehran, while in Washington, Trump fears all-out war, which would mean boots on the ground.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.