Tag: Roboforex
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 4 February 2025. EURUSD forecast On the H4 chart, EURUSD completed a downward wave to 1.0211, followed by a correction to 1.0348. Today, 4 February 2025, the market continues declining towards 1.0150 as the first target. […]
Brent quotes are falling for the third consecutive trading session, with the price currently at 74.88 USD. More details in our analysis for 4 February 2025. Brent forecast: key trading points Washington postponed tariffs on goods from Canada and Mexico China imposed 10% tariffs on US oil A slowdown in Chinese factories fuels concerns about oil […]
The EURUSD rate returned to 1.0350 as part of a correction after declining at the market opening on Monday. This week, market participants are awaiting US labour market statistics. Find out more in our analysis for 4 February 2025. EURUSD forecast: key trading points Market focus: market participants are awaiting US labour market statistics this […]
While artificial intelligence (AI) is driving revenue and income growth at Meta Platforms, Inc. (NASDAQ: META) and Microsoft Corporation (NASDAQ: MSFT), investors are increasingly concerned about rising AI-related expenses and the companies’ ability to recoup these costs in the future. The article provides key highlights of Meta and Microsoft’s quarterly earnings reports. It includes a […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]