Tag: Roboforex
The New Zealand dollar fell to an annual low, with investors siding with the USD. Find out more in our analysis for 22 November 2024. NZDUSD forecast: key trading points The NZDUSD pair reached a new annual trough The RBNZ is expected to lower the interest rate by 50 basis points in one move next […]
The US 30 stock index is in a strong uptrend, showing no signs of a medium-term reversal. More details in our US 30 price forecast and analysis for next week, 25-29 November 2024. US 30 forecast: key trading points Recent data: initial jobless claims totalled 213,000 in the previous week Economic indicators: this is a […]
A decline in Japan’s fundamental indicators and stabilising US inflation may trigger a new growth wave in the USDJPY pair. More details in our analysis for 22 November 2024. USDJPY forecast: key trading points Japan’s nationwide core Consumer Price Index (y/y): previously at 2.4%, currently at 2.3% US services PMI: previously at 55.0, projected at […]
The EURUSD rate is showing a correction after yesterday’s aggressive decline. Find out more in our analysis for 22 November 2024. EURUSD forecast: key trading points The likelihood of a Federal Reserve interest rate cut in December is estimated by markets at 55.9%, with some traders expecting a pause US initial jobless claims fell to […]
XAUUSD prices continue strengthening significantly after forming a local trough and reversing upwards. Further growth may follow a brief correction. Discover more in our XAUUSD analysis for today, 22 November 2024. XAUUSD forecast: key trading points Market focus: US statistics on the Composite Purchasing Managers’ Index (PMI) and Michigan Consumer Sentiment Index are due today […]
The EURUSD pair has halted its decline. The market is awaiting greater clarity on Trump’s policy. Find out more in our analysis for 21 November 2024. EURUSD forecast: key trading points The EURUSD pair is no longer in a downward trend The market is analysing what to expect from the new US White House administration […]
The DE 40 stock index has fallen slightly this week, approaching the 19,000.0 mark. The DE 40 forecast for next week remains negative. DE 40 forecast: key trading points Recent data: Germany’s Producer Price Index (PPI) rose by 0.2% compared to the previous month Economic indicators: the PPI is used to gauge the country’s inflation […]
XAGUSD prices completed a downward correction, and following Gold, they reversed upwards, with growth likely to continue. More details in our XAGUSD analysis for today, 21 November 2024. XAGUSD forecast: key trading points Market focus: another escalation of the conflict in the Middle East drives up Silver and Gold prices Current trend: reversal to the […]
Michele Bullock’s speech and increased US jobless claims may support the AUDUSD pair in forming a corrective wave. More details in our analysis for 21 November 2024. AUDUSD forecast: key trading points A speech by Reserve Bank of Australia Governor Michele Bullock US initial jobless claims: previously at 217,000, currently at 220,000 The US Philadelphia […]
The USDJPY rate declines, remaining close to local highs. Discover more in our analysis for 21 November 2024. USDJPY forecast: key trading points Bank of Japan Governor Kazuo Ueda emphasised that any interest rate changes will be gradual US Federal Reserve officials expressed mixed opinions on the regulator’s monetary policy Japan’s exports rose by 3.1% […]