Tag: Roboforex
The US 500 stock index will likely attempt to reach a new all-time high before a correction. Find out more in our US 500 price forecast and analysis for next week, 16-20 December 2024. US 500 forecast: key trading points Recent data: US nonfarm payrolls (NFP) reached 227 thousand in November Economic indicators: the NFP […]
David Ramsden’s speech may trigger a further decline in the GBPUSD rate to 1.2700. Find more details in our analysis for 9 December 2024. GBPUSD forecast: key trading points A speech by a member of the Bank of England’s Monetary Policy Committee David Ramsden US wholesale inventories (m/m): previously at 0.2%, projected at 0.2% US […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 9-13 December 2024. EURUSD forecast The EURUSD pair has completed a growth wave, reaching 1.0629. This growth structure is considered a correction of the previous downward wave, with a new descending wave expected to start, aiming […]
The USDJPY rate is testing the 150.15 resistance level, with pressure from buyers persisting. Discover more in our analysis for 9 December 2024. USDJPY forecast: key trading points Japan’s economy grew by 0.3% in Q3, above preliminary estimates and market expectations Toyoaki Nakamura expressed concern about the insufficient sustainability of wage growth Japan’s services PMI […]
XAUUSD prices are consolidating within a narrow range near the 2,650 USD level as market participants await US employment statistics. Find out more in our XAUUSD analysis for today, 6 December 2024. XAUUSD forecast: key trading points Market focus: market participants await US labour market data, with nonfarm payrolls and the unemployment rate due today […]
The US 30 index failed to secure above the 45,000.0 level within the current uptrend. Find more in our US 30 price forecast and analysis for next week, 9-13 December 2024. US 30 forecast: key trading points Recent data: US initial jobless claims came in at 224 thousand Economic indicators: initial jobless claims reflect the […]
The USDJPY pair has dropped below 150.00. The market anticipates a December interest rate hike by the Bank of Japan. Discover more in our analysis for 6 December 2024. USDJPY forecast: key trading points The USDJPY pair continues to decline The market remains confident about a December Bank of Japan rate hike USDJPY forecast for […]
The main news today is the release of the US nonfarm payrolls. Can the EURUSD pair rise to 1.0628? Find more details in our analysis for 6 December 2024. EURUSD forecast: key trading points Eurozone Q3 GDP: previously at 0.4%, projected at 0.4% US unemployment rate: previously at 4.1%, projected at 4.2% US nonfarm payrolls: […]
The NZDUSD rate is declining, with sellers poised to test the 0.5845 support level. More details in our analysis for 6 December 2024. NZDUSD forecast: key trading points The markets await the US employment report, which could shape the Federal Reserve’s further actions The likelihood of a 25-basis-point interest rate reduction by the US regulator […]
The AUDUSD pair has paused around 0.6434. The Australian dollar could tumble at any moment. Find out more in our analysis for 5 December 2024. AUDUSD forecast: key trading points The AUDUSD pair halted its decline The market capitalised on trade surplus statistics to pause AUD sales AUDUSD forecast for 5 December 2024: 0.6480 Fundamental […]