Tag: Roboforex
The USDJPY pair rose to 153.77 at the start of the week as investors bet on the Bank of Japan’s indecision. Find out more in our analysis for 16 December 2024. USDJPY forecast: key trading points The USDJPY pair continues its rally Investors believe that the Bank of Japan will refrain from raising the interest […]
The US 500 stock index is poised for new highs again after a slight 1.0% decline. Discover more in our US 500 price forecast and analysis for next week, 23-27 December 2024. US 500 forecast: key trading points Recent data: the Consumer Price Index (CPI) came in at 2.7% year-on-year Economic indicators: the CPI reflects […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 16-20 December 2024. EURUSD forecast The EURUSD pair has rebounded downward from the 1.0629 level and declined to 1.0452. A consolidation range is anticipated to form around this level, with a downward breakout potentially extending the […]
The GBPUSD rate is correcting after rebounding from the 1.2615 support level. Find out more in our analysis for 16 December 2024. GBPUSD forecast: key trading points The US dollar is losing ground ahead of the Federal Reserve’s decision, with the market estimating the likelihood of a 25-basis-point interest rate cut at 97.1% Weak economic […]
XAUUSD prices rose above 2,720 USD last week but could not sustain that level, entering a correction. This week, the market will focus on the US Federal Reserve’s interest rate decision. More details in our XAUUSD analysis for today, 16 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting a Federal […]
Japan’s favourable news landscape may push the USDJPY rate down to 151.00. Find out more in our analysis for 13 December 2024. USDJPY forecast: key trading points Japan’s Tankan Large All Industry Capex: previously at 10.6%, currently at 11.3% Japan’s Tankan Large Manufacturers Index: previously at 13 points, currently at 14 points Japan’s industrial production: […]
The NZDUSD pair is falling to 0.5763, testing another local low under significant pressure from the US dollar. Find out more in our analysis for 13 December 2024. NZDUSD forecast: key trading points The NZDUSD pair continues its steep decline The market reacts negatively to the US dollar’s strength and the RBNZ’s interest rate plans […]
Yesterday, XAUUSD prices rose to 2,726 USD during early trading. Still, they failed to hold at that level, entering a correction and declining further in response to the release of US inflation data. More details in our XAUUSD analysis for today, 13 December 2024. XAUUSD forecast: key trading points Market focus: US Producer Price Index […]
Despite the ECB decision, the EURUSD rate remains under pressure, currently standing at 1.0461. Discover more in our analysis for 13 December 2024. EURUSD forecast: key trading points The US dollar remains under pressure even after a 25-basis-point ECB interest rate cut US initial jobless claims rose to 242 thousand, reaching the highest level since […]
The EURUSD pair fell to 1.0504. The market reacted to US inflation data. Find out more in our analysis for 12 December 2024. EURUSD forecast: key trading points The EURUSD pair continues its downward trend The US dollar strengthened further following the release of US inflation data EURUSD forecast for 12 December 2024: 1.0470 and […]