Tag: Roboforex

Nov 26
JP 225 analysis: the index is consolidating below 39,000.0

The JP 225 H4 chart shows a consolidation within a limited price range. The JP 225 forecast for next week is neutral. JP 225 forecast: key trading points Recent data: Japan’s Leading Economic Index for September was revised downward to 109.1 points from the preliminary 109.4 Economic indicators: this index evaluates the economic outlook for […]

Nov 26
Brent declined to 72.00 USD amid the Middle East negotiations

Brent prices plummeted on Monday following easing tensions in the Middle East, with support emerging at 72.00 USD during today’s Asian session. More details in our Brent analysis for today, 26 November 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: peace talks in the Middle East contribute […]

Nov 26
USDJPY: the yen continues its attempts to strengthen against the US dollar

The decrease in Japan’s core CPI had a mixed effect on the USDJPY rate, with the pair continuing its correction. More details in our analysis for 26 November 2024. USDJPY forecast: key trading points Japan’s core CPI: previously at 1.7%, currently at 1.5% CB (Conference Board) US Consumer Confidence Index: previously at 108.7, projected at […]

Nov 26
EURUSD remains under pressure amid Trump’s trade threads

The EURUSD rate is correcting within the downtrend. Discover more in our analysis for 26 November 2024. EURUSD forecast: key trading points The US dollar is strengthening amid Donald Trump’s threats, including his intention to introduce import tariffs The euro remains under pressure due to concerns about the eurozone’s economic slowdown and political instability in […]

Nov 25
USDJPY rises despite Japanese government’s stimulus measures

The USDJPY rate is strengthening, regaining lost ground since the morning. Discover more in our analysis for 25 November 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda suggests a potential December rate hike to address the yen’s weakness The Japanese government has approved a 21.9 trillion JPY stimulus package to support the economy […]

Nov 25
EURUSD is in a consolidation phase following a sharp decline: the market is too nervous

The euro hit a new low before recovering. Investors are observing signs of a slowdown in European economies. Find out more in our analysis for 25 November 2024. EURUSD forecast: key trading points The EURUSD pair reached a new low and recovered Investors expect a swift reduction in ECB interest rates to support weak economies […]

Nov 25
US 500 analysis: the index continues to rise steadily to new all-time highs

The US 500 stock index has completed a correction and is again poised for another high. More details in our US 500 price forecast and analysis for next week, 2-6 December 2024. US 500 forecast: key trading points Recent data: the US PMI is projected to reach 55.3 in November Economic indicators: the PMI reflects […]

Nov 25
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD technical analysis and forecast for 25-29 November 2024

Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 25-29 November 2024. EURUSD forecast The EURUSD pair has reached the first target of the downward wave, 1.0331. The market rose to 1.0414 and formed a consolidation range around this level. With an upward breakout above […]

Nov 25
Gold (XAUUSD) is in a correction after reaching 2,720 USD

XAUUSD prices have entered a downward correction following last week’s surge. Once this correction is complete, growth could resume. More details in our XAUUSD analysis for today, 25 November 2024. XAUUSD forecast: key trading points Market focus: the release of the latest US Federal Reserve meeting minutes will be crucial for the markets this week […]

Nov 25
GBPUSD: the pound is poised for a significant correction

A speech by a member of the Bank of England’s Monetary Policy Committee and a decline in US economic indicators may help the British pound regain ground. Discover more in our analysis for 25 November 2024. GBPUSD forecast: key trading points A speech by Swati Dhingra, a member of the Bank of England’s Monetary Policy […]