Technical Analysis by RoboForex

[Vlad RF]

EURUSD forecast: the pair fell to the 1.0400 support level

The EURUSD rate corrected towards 1.0400 amid the release of the US Federal Reserve’s January meeting minutes. Find out more in our analysis for 20 February 2025.

EURUSD technical analysis

On the H4 chart, the EURUSD rate is undergoing a downward correction after rebounding from the 1.0500-1.0530 resistance area. The quotes have found support from buyers at 1.0400 and are now consolidating in the sideways trading range between 1.0200 and 1.0530.



The EURUSD pair fell to 1.0400 amid the release of the US Federal Reserve’s January meeting minutes.

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

 

[Vlad RF]

AUDUSD rose to a ten-week high but the rally is not complete

The AUDUSD pair appears overpriced. The market believes the RBA will not lower interest rates rapidly. Discover more in our analysis for 21 February 2025.

AUDUSD technical analysis

On the H4 chart, the AUDUSD pair still has grounds to climb to 0.6408. If the market secures above this level, the next upside target could be 0.6420.



The AUDUSD pair rose and hit a two-month high amid expectations of the RBA keeping relatively high interest rates.

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