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Forex Technical Analysis & Forecast: EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, Gold, Brent

RoboForex Team RoboForex

EURUSD, “Euro vs US Dollar”

EURUSD has failed to fix below 1.1530; it has formed a new ascending impulse and may choose an alternative scenario to continue the correction. Possibly, today the price may be corrected towards 1.1570. After breaking 1.1623, the instrument may continue trading upwards with the first target at 1.1744.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has formed a new ascending impulse and may choose an alternative scenario to start another correction. Today, the price may fall to reach 1.3190 and then resume its growth with the first target at 1.3433.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is still being corrected. Possibly, today the price may reach 0.9950 and then continue trading downwards with the target at 0.9894.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY has finished the descending impulse. Today, the price may reach 110.30. Later, the market may fall to break 109.44 then continue trading downwards with the target at 107.90.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is consolidating near the lows. If later the pair breaks 0.7410 to the upside, the market may continue trading upwards with the first target at 0.7480.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has completed the descending impulse along with the correction. Today, the price may break the low of this impulse and reach 62.56. After that, the instrument may form another ascending structure to reach 63.40 and then resume trading downwards with the target at 59.90.

XAUUSD, “Gold vs US Dollar”

Gold has finished the ascending impulse. Today, the price fall towards 1264.00 and then grow to break the high of the above-mentioned impulse. Possibly, the pair may be corrected with the target at 1276.00 and then continue trading downwards to reach 1240.00.

BRENT

Brent has broken 74.45 downwards and may continue falling towards 72.30. Later, the market may start another growth towards the first target at 77.00.

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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.

EUR/USD plummets to 1.1840 on US NFP

EUR/USD’s selling momentum now picks up pace and rapidly hits the 1.1840 region on Wednesday. Indeed, the pair’s decline comes amid rising buying pressure on the US Dollar in the wake of firmer-than-expected results from US NFP in January.

GBP/USD approaches 1.3600 on USD-buying

GBP/USD adds to Tuesday’s pullback and trades closer to the 1.3600 support on Wednesday. That said, Cable’s extra downside traction comes against the backdrop of renewed strength in the Greenback as investors assess the latest US NFP data.

Gold trims gains post-NFP, targets $5,000

Gold rapidly reverses initial gains and retreats to the vicinity of the $5,000 region per troy ounce amid further gains in the Greenback and rising US Treasury yields, all following the latest US NFP readings.

Ripple Price Forecast: XRP sell-side pressure intensifies despite surge in addresses transacting on-chain

Ripple (XRP) is edging lower around $1.36 at the time of writing on Wednesday, weighed down by low retail interest and macroeconomic uncertainty, which is accelerating risk-off sentiment.

US jobs data surprises to the upside, boosts stocks but pushes back Fed rate cut expectations

This was an unusual payrolls report for two reasons. Firstly, because it was released on Wednesday, and secondly, because it included the 2025 revisions alongside the January NFP figure.

Bitcoin price slips below $67,000 ahead of US Nonfarm Payrolls data

Bitcoin price extends losses, and trades below the lower consolidating boundary at $67,300 at the time of writing. A firm close below this level could trigger a deeper correction for BTC. Despite the weakness in price action, institutional demand shows signs of support, recording mild inflows in ETFs so far this week.