Tag: Roboforex
The AUDUSD rate is falling after rebounding from the channel’s upper boundary, with the current price at 0.6197. Find out more in our analysis for 17 January 2025. AUDUSD forecast: key trading points Australia’s unemployment rate rose to 4.0% in December 2024 Australia’s employment increased by 56.3 thousand, reaching a record 14.58 million people The […]
Amid positive US economic data, the USDJPY rate may climb to 157.00. Discover more in our analysis for 16 January 2025. USDJPY forecast: key trading points US industrial production: previously at -0.1%, projected at 0.3% US manufacturing production: previously at 0.2%, projected at 0.2% USDJPY forecast for 17 January 2025: 157.00 and 155.10 Fundamental analysis […]
The EURUSD rate is experiencing an upward correction within a downtrend. The bulls failed to overcome the 1.0350 resistance level on their first attempt. More details in our analysis for 17 January 2025. EURUSD forecast: key trading points The EURUSD pair undergoes a correction within a downtrend Today, the eurozone’s inflation statistics are scheduled for […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 17 January 2025. EURUSD forecast On the H4 chart, EURUSD completed a corrective structure to 1.0315 and is currently forming a new downward wave targeting 1.0200. On 17 January 2025, a decline to 1.0250 is expected. […]
The US inflation release provided support to global stock indices. Find out more in our analysis and forecast for global indices for 16 January 2025. US indices forecast: US 30, US 500, US Tech Recent data: the US core CPI rose 3.2% year-on-year Market impact: the current inflation data allows investors to expect further easing […]
The USDJPY pair is hovering around 155.76 on Thursday, marking the second day of decline, with the yen aggressive. Find out more in our analysis for 16 January 2025. USDJPY forecast: key trading points The USDJPY pair is rapidly declining on the currency market The market is receiving signals that the Bank of Japan is […]
A potential improvement in Germany’s CPI and increased US initial jobless claims may drive growth in EURUSD to 1.0345. Find out more in our analysis for 16 January 2025. EURUSD forecast: key trading points Germany’s CPI in December: previously at -0.2%, projected at 0.4% The release of the ECB monetary policy meeting minutes US initial […]
XAUUSD quotes are slightly declining after rebounding from the 2,700 USD resistance level. Discover more in our analysis for 16 January 2025. XAUUSD forecast: key trading points The US core inflation rate decreased to 3.2% in December, down from 3.3% in November year-on-year The overall Consumer Price Index remained stable, reinforcing confidence in easing inflationary pressures […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 16 January 2025. EURUSD forecast On the H4 chart, EURUSD executed a correction to 1.0350, followed by a downward impulse to 1.0258. On 16 January 2025, a correction of this impulse is expected, targeting 1.0300. Subsequently, […]
Brent continues to rise steadily, with quotes surpassing the 81.00 USD level yesterday. More details in our analysis for 16 January 2025. Brent forecast: key trading points Brent quotes climbed above 81.00 USD US oil inventories decreased by 1.96 million barrels, as reported by the Energy Information Administration (EIA) Brent forecast for 16 January 2025: […]