Tag: Roboforex

Feb 04
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 4 February 2025

Global stock indices plummeted again following a minor correction amid tariffs imposed by US President Donald Trump. Find out more in our analysis and forecast for global indices for 4 February 2025. US indices forecast: US 30, US 500, US Tech Recent data: tariffs on goods from Canada and Mexico have been postponed for 30 […]

Feb 04
USDJPY: the yen continues to lose ground against the USD

The USDJPY rate may reach 156.10 amid US fundamental data. Discover more in our analysis for 4 February 2025. USDJPY forecast: key trading points US JOLTS job openings: previously at 8,098 million, projected at 8,010 million US factory orders (m/m): previously at -0.4%, projected at -0.7% A speech by FOMC member Raphael W. Bostic USDJPY […]

Feb 04
Gold (XAUUSD) rises again: new highs are likely

Gold (XAUUSD) prices rose to 2,822 USD, with global demand for safe-haven assets increasing. Find out more in our analysis for 4 February 2025. XAUUSD forecast: key trading points Gold prices are rising and may reach a new high Gold quotes are supported by the likelihood of rising inflation after the US imposed high tariffs […]

Feb 03
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 3 February 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 3 February 2025. EURUSD forecast On the H4 chart, EURUSD completed a corrective wave to 1.0430 and initiated a new downward wave. On 3 February 2025, the market continues declining towards 1.0220 as the local target. […]

Feb 03
Gold (XAUUSD) falls amid profit taking

XAUUSD prices are correcting within an ascending channel, with quotes currently at 2,787 USD. Find out more in our analysis for 3 February 2025. XAUUSD forecast: key trading points Investors are locking in profits after prices have reached a new all-time high, adding to the downward pressure New tariffs imposed by the US on imports […]

Feb 03
EURUSD: the euro is poised for a corrective wave

The eurozone and US PMIs may trigger a correction in the EURUSD rate towards 1.0350. More details in our analysis for 3 February 2025. EURUSD forecast: key trading points The eurozone’s manufacturing PMI for January: previously at 45.1, projected at 46.1 The eurozone’s CPI for January: previously at 2.4%, projected at 2.4% The US manufacturing […]

Feb 03
USDCAD: the pair opened the week with an upward gap

The USDCAD rate soared to 1.4800 on Monday due to tariffs imposed by the US on goods from Canada and other countries over the weekend. Discover more in our analysis for 3 February 2025. USDCAD forecast: key trading points The US imposed 25% tariffs on Canadian goods Current trend: a strong uptrend USDCAD forecast for […]

Feb 03
USDJPY rises: the US dollar is in demand due to higher risks

The USDJPY pair rose to 155.50 at the beginning of the week. The US imposed trade tariffs on its major partners. Find out more in our analysis for 3 February 2025. USDJPY forecast: key trading points The USDJPY pair is steadily rising in response to higher risks Investors are concerned about possible complications for the […]

Jan 31
Gold (XAUUSD) hit a new all-time high

XAUUSD quotes are showing strong growth, rising above the all-time high of 2,790 USD. The price is moving towards the target of a Triangle pattern on the daily chart. Find out more in our XAUUSD analysis for today, 31 January 2025. XAUUSD forecast: key trading points Gold prices reached a new all-time high Current trend: a […]

Jan 31
AUDUSD: the Australian dollar may have opportunities to regain ground

A decline in Australia’s PPI may help the Australian dollar to rise to 0.6250 USD. Find out more in our analysis for 31 January 2025. AUDUSD forecast: key trading points Australia’s PPI in Q4: previously at 3.9%, currently at 3.7% US core PCE price index for December: previously at 2.8%, currently at 2.8% AUDUSD forecast […]