Tag: Roboforex
Gold continues to rally towards 2,950 ahead of FOMC members’ speeches. Discover more in our XAUUSD analysis for today, 17 February 2025. XAUUSD forecast: key trading points A speech by FOMC representative Patrick T. Harker A speech by FOMC representative Michelle Bowman Current trend: moving upwards XAUUSD forecast for 17 February 2025: 2,877 and 2,950 […]
EURUSD forecast On the H4 chart, EURUSD completed a growth wave to 1.0510. Currently, a consolidation range is forming below this level. Today, 17 February 2025, a downward breakout is expected, leading to an initial decline towards 1.0417. Later, a new growth wave towards 1.0465 is possible. After reaching this level, a further decline towards […]
The EURUSD rate is approaching the key resistance level at 1.0525. Discover more in our analysis for 17 February 2025. EURUSD forecast: key trading points US retail sales fell by 0.9% in January Weak statistics fuelled speculation about a possible Federal Reserve interest rate cut EURUSD forecast for 17 February 2025: 1.0525 and 1.0600 Fundamental […]
The USDCAD pair is hovering around 1.4169 on Monday. Investors have increasingly less faith in Trump’s threats. Find more details in our analysis for 17 February 2025. USDCAD forecast: key trading points The USDCAD pair is falling, hitting lows seen on 12 December 2024 The Canadian dollar is supported by the lack of real actions […]
The EURUSD rate rose to the price area near 1.0500, driven by the beginning of negotiations to end the conflict in Ukraine. Find out more in our analysis for 14 February 2025. EURUSD forecast: key trading points Market focus: the market is awaiting the eurozone’s GDP data for Q4 2024 today Current trend: upward momentum […]
EURUSD forecast On the H4 chart, EURUSD completed a growth wave to 1.0444, followed by a correction to 1.0372. After finding support at this level, the market formed a growth wave towards 1.0466, reaching the target level. Currently, a consolidation range is forming below 1.0466. A downward breakout may initiate a decline towards 1.0372. Later, […]
Gold prices rose to 2,928 USD. The stock market and physical demand for Gold remains high. Discover more in our XAUUSD analysis for 14 February 2025. XAUUSD forecast: key trading points Gold (XAUUSD) is poised to close higher for the seventh consecutive week Market concerns about growing global trade tensions support the asset XAUUSD forecast […]
The AUDUSD rate is rising for the second consecutive day, with the price currently at 0.6331. Discover more in our analysis for 14 February 2025. AUDUSD forecast: key trading points Consumer inflation expectations in Australia rose to 4.6% in February 2025 Markets expect the RBA to lower the interest rate next week AUDUSD forecast for […]
A fall in US retail sales and industrial production may drive growth in the USDJPY rate to 154.40. Find more details in our analysis for 14 February 2025. USDJPY forecast: key trading points US core retail sales: previously at 0.4%, projected at 0.3% US industrial production: previously at 0.9%, projected at 0.3% USDJPY forecast for […]
Brent prices are declining, falling to the support area at 75.00 USD. Find out more in our analysis for 13 February 2025. Brent forecast: key trading points According to the Energy Information Administration (EIA), US crude oil inventories rose by 4.1 million barrels last week OPEC+ maintained its oil demand growth forecast at 1.45 million […]