Category: Technial Analysis
Japan’s favourable news landscape may push the USDJPY rate down to 151.00. Find out more in our analysis for 13 December 2024. USDJPY forecast: key trading points Japan’s Tankan Large All Industry Capex: previously at 10.6%, currently at 11.3% Japan’s Tankan Large Manufacturers Index: previously at 13 points, currently at 14 points Japan’s industrial production: […]
The NZDUSD pair is falling to 0.5763, testing another local low under significant pressure from the US dollar. Find out more in our analysis for 13 December 2024. NZDUSD forecast: key trading points The NZDUSD pair continues its steep decline The market reacts negatively to the US dollar’s strength and the RBNZ’s interest rate plans […]
Yesterday, XAUUSD prices rose to 2,726 USD during early trading. Still, they failed to hold at that level, entering a correction and declining further in response to the release of US inflation data. More details in our XAUUSD analysis for today, 13 December 2024. XAUUSD forecast: key trading points Market focus: US Producer Price Index […]
Despite the ECB decision, the EURUSD rate remains under pressure, currently standing at 1.0461. Discover more in our analysis for 13 December 2024. EURUSD forecast: key trading points The US dollar remains under pressure even after a 25-basis-point ECB interest rate cut US initial jobless claims rose to 242 thousand, reaching the highest level since […]
The EURUSD pair fell to 1.0504. The market reacted to US inflation data. Find out more in our analysis for 12 December 2024. EURUSD forecast: key trading points The EURUSD pair continues its downward trend The US dollar strengthened further following the release of US inflation data EURUSD forecast for 12 December 2024: 1.0470 and […]
This week, the DE 40 stock index continues to rise, remaining firmly above the psychologically important 20,000.0 level. The DE 40 forecast for next week is positive. DE 40 forecast: key trading points Recent data: Germany’s annual inflation rate increased to 2.2% in November Economic indicators: the Consumer Price Index (CPI) measures the rate of […]
Amid positive data from Australia, the AUDUSD rate may continue its ascent to the 0.6444 level. More details in our analysis for 12 December 2024. AUDUSD forecast: key trading points Australia’s employment change in November: previously at 12.2 thousand, currently at 35.6 thousand Australia’s unemployment rate in November: previously at 4.1%, currently at 3.9% US […]
The XAGUSD pair has formed a reversal towards the long-term uptrend on the daily chart, rising above 32.00 USD. Further growth may occur soon. Find out more in our Silver price analysis for today, 12 December 2024. XAGUSD forecast: key trading points Market focus: US inflation data is due today, with the Producer Price Index […]
The USDJPY rate is retreating from the resistance level, currently at 152.48. Discover more in our analysis for 12 December 2024 USDJPY forecast: key trading points Market expectations for a Bank of Japan interest rate hike in December have declined Traders believe the BoJ will keep the rate unchanged at 0.25% US CPI data for […]
Disclaimer: the information in this article is based on the analysis of reputable financial resources and analytical data from RoboForex specialists. It reflects the conclusions of thorough research, but it should be taken into account that economic changes may significantly affect market conditions, which may lead to changes in Gold forecasts. We recommend conducting your […]
