Tag: Roboforex
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 2-6 December 2024. EURUSD forecast The EURUSD pair is forming the first upward wave towards 1.0720. After reaching this level, the price could drop to 1.0525. Subsequently, the next growth structure may develop, targeting 1.0808. This […]
US and Japanese manufacturing PMI data could support the USDJPY pair’s uptrend, with a target of 150.68. Find out more in our analysis for 2 December 2024. USDJPY forecast: key trading points Japan’s manufacturing PMI: previously at 49.2, currently at 49.0 US manufacturing PMI: previously at 48.5, projected at 48.8 CFTC JPY speculative net positions: […]
The EURUSD rate is poised to test a key support level at 1.0495. Discover more in our analysis for 2 December 2024. EURUSD forecast: key trading points The US dollar has strengthened following Donald Trump’s announcement to BRICS countries about sanctions for creating currencies intended to rival the US dollar Analysts anticipate US job growth […]
The NZDUSD pair rose to 0.5913 on Friday, signalling a recovery following market sell-offs. Find out more in our analysis for 29 November 2024. NZDUSD forecast: key trading points NZDUSD closes the week with gains A weak US dollar and the RBNZ’s interest rate decision support the Kiwi NZDUSD forecast for 29 November 2024: 0.5920 […]
The US 30 index reached 45,000.0 points as part of the current uptrend. Find out more in our US 30 price forecast and analysis for next week, 2-6 December 2024. US 30 forecast: key trading points Recent data: the PCE price index was 2.8% year-on-year Economic indicators: this inflation gauge excludes food and energy prices […]
The EURUSD rate is testing the crucial 1.0580 resistance level. Discover more in our analysis for 29 November 2024. EURUSD forecast: key trading points Hawkish comments from an ECB official support the euro’s rally Germany’s annual inflation rose to 2.2% in November 2024, with core inflation up to 3.0% The likelihood of a 50-basis-point ECB […]
The USDJPY rate fell below 150.00 amid positive fundamental data from Japan. More details in our analysis for 29 November 2024. USDJPY forecast: key trading points Tokyo’s core CPI in November: previously at 1.8%, currently at 2.2% Japan’s industrial production in October: previously at 1.6%, currently at 3.0% Japan’s retail sales (y/y): previously at 0.6%, […]
This week, XAUUSD prices received support from buyers at the 2,600 USD level and reversed upwards, with growth likely to continue. More details in our XAUUSD analysis for today, 29 November 2024. XAUUSD forecast: key trading points Market focus: the US markets are closed as the country celebrates Thanksgiving Day Current trend: Upward movement XAUUSD […]
The EURUSD pair is on the rise. Investors are evaluating the US GDP and core PCE data. Find out more in our analysis for 28 November 2024. EURUSD forecast: key trading points The EURUSD pair has risen and stabilised Investors are assessing statistics and the risks of new tariff complications EURUSD forecast for 28 November […]
The Australian dollar is awaiting the speech of the Reserve Bank of Australia Governor. More details in our analysis for 28 November 2024. AUDUSD forecast: key trading points Thanksgiving Day in the US A speech by Reserve Bank of Australia Governor Michele Bullock Australia’s building capital expenditure in Q3: previously at -3.8%, currently at 1.1% […]