Tag: Roboforex
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]