Tag: Roboforex
The USDJPY pair rose to 150.06 on Tuesday. Despite sustained pressure, the Japanese yen remains resilient. Find out more in our analysis for 3 December 2024. USDJPY forecast: key trading points The USDJPY pair recorded modest gains Investors remain optimistic about a December Bank of Japan interest rate hike USDJPY forecast for 3 December 2024: […]
The JP 225 stock index experiences upward momentum on the chart, securing a position above 39,000.0. The JP 225 forecast for next week is positive. JP 225 forecast: key trading points Recent data: the Jibun Bank Japan manufacturing PMI dropped to 49.0 points in November Economic indicators: this is a leading indicator that measures business […]
The USDCHF rate is advancing towards the 0.8905 resistance level. Discover more in our analysis for 3 December 2024. USDCHF forecast: key trading points Switzerland’s PMI decreased by 1.4 points to 48.5 in November, remaining in a stagnation zone below the 50.0 level for 23 consecutive months Switzerland’s retail sales rose by 1.4% year-on-year in […]
Brent is trading within a narrow sideways range around the 72.00 USD level as market participants await the outcome of the OPEC+ meeting scheduled for Thursday. Find out more in our Brent analysis for today, 3 December 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: OPEC+ will […]
The positive news flow from the US may exert additional downward pressure on the EURUSD rate, with the target set at the 1.0433 level. More details in our analysis for 3 December 2024. EURUSD forecast: key trading points Member of the ECB’s Executive Board, Piero Cipollone, will deliver a speech US JOLTS job openings: previously […]
XAUUSD prices received support from buyers at the 2,600 USD level and reversed upwards last week. Growth will likely continue this week. More details in our XAUUSD analysis for today, 2 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting US labour market statistics, with ADP indicators, nonfarm payrolls, and the […]
The British pound sterling is undergoing a correction after its recent rise and is trading at 1.2691, as the impact of the US dollar has returned in full force. Find out more in our analysis for 2 December 2024. GBPUSD forecast: key trading points The GBPUSD pair rose briefly before pausing The extended US holidays […]
The US 500 index surpassed the 6,000.0 level within the ongoing uptrend. More details in our US 500 price forecast and analysis for next week, 9-13 December 2024 US 500 forecast: key trading points Recent data: US GDP rose by 2.8% in Q3 2024 year-on-year Economic indicators: this figure reflects overall economic growth Market impact: […]
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: […]