Tag: Roboforex
The EURUSD pair is stable around the 1.0502 level. The market is conserving strength ahead of US statistics. More details in our analysis for 4 December 2024. EURUSD forecast: key trading points The EURUSD pair remains in a consolidation phase Market participants are awaiting November US employment reports EURUSD forecast for 4 December 2024: 1.0628 […]
XAUUSD prices are consolidating within a narrow range, close to 2,650 USD, as market participants await today’s ADP US employment statistics. Find out more in our XAUUSD analysis for today, 4 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting today’s ADP US labour market data Current trend: consolidating within the […]
The US Tech index has surpassed the 21,300.0 level within the current uptrend. More details in our US Tech price forecast and analysis for next week, 9-13 December 2024. US Tech forecast: key trading points Recent data: JOLTS job openings totalled 7.74 million in October Economic indicators: this figure shows labour demand in the economy […]
The USDJPY rate is correcting, with buyers preparing to test the 150.25 resistance level. Discover more in our analysis for 4 December 2024. USDJPY forecast: key trading points The Bank of Japan has yet to decide on the timing of monetary policy tightening The markets estimate the likelihood of a 25-basis-point BoJ interest rate hike […]
Amazon.com, Inc. (NASDAQ: AMZN) continues to increase its revenue and strengthen its market position. The share price reflects this trend, reaching another historical maximum in November. According to the company’s forecasts, the holiday season will deliver record revenue. Will its share price achieve a new historical maximum in December and continue to grow in 2025? […]
The latest US and Canadian data may strengthen the US dollar, pushing the USDCAD pair towards the 1.4096 level. Find out more in our analysis for 4 December 2024. USDCAD forecast: key trading points US ADP nonfarm employment change: previously at 233,000, projected at 166,000 Canada’s Q3 labour productivity: previously at -0.2%, projected at 0.2% […]
The USDJPY pair rose to 150.06 on Tuesday. Despite sustained pressure, the Japanese yen remains resilient. Find out more in our analysis for 3 December 2024. USDJPY forecast: key trading points The USDJPY pair recorded modest gains Investors remain optimistic about a December Bank of Japan interest rate hike USDJPY forecast for 3 December 2024: […]
The JP 225 stock index experiences upward momentum on the chart, securing a position above 39,000.0. The JP 225 forecast for next week is positive. JP 225 forecast: key trading points Recent data: the Jibun Bank Japan manufacturing PMI dropped to 49.0 points in November Economic indicators: this is a leading indicator that measures business […]
The USDCHF rate is advancing towards the 0.8905 resistance level. Discover more in our analysis for 3 December 2024. USDCHF forecast: key trading points Switzerland’s PMI decreased by 1.4 points to 48.5 in November, remaining in a stagnation zone below the 50.0 level for 23 consecutive months Switzerland’s retail sales rose by 1.4% year-on-year in […]
Brent is trading within a narrow sideways range around the 72.00 USD level as market participants await the outcome of the OPEC+ meeting scheduled for Thursday. Find out more in our Brent analysis for today, 3 December 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: OPEC+ will […]
