Tag: Roboforex
The EURUSD pair remains in a consolidation phase. A critical moment is approaching. Find out more in our analysis for 5 November 2024. EURUSD forecast: key trading points The EURUSD pair is consolidating Initial, accurate data on the US presidential election will emerge a few days after the vote EURUSD forecast for 5 November 2024: […]
Switzerland’s stable unemployment rate and the upcoming US election may strengthen the Swiss franc. Discover more in our analysis for 5 November 2024. USDCHF forecast: key trading points Switzerland’s seasonally adjusted unemployment rate: previously at 2.6%, currently at 2.6% The US ISM services PMI: previously at 54.9, currently at 53.8 USDCHF forecast for 5 November […]
A potential rise in the PMI and the US presidential election will increase market volatility. More details in our analysis for 5 November 2024. USDJPY forecast: key trading points Japan’s monetary base: previously at 0.1%, currently at 0.0% The US services PMI: previously at 55.2, currently at 55.3 US presidential election USDJPY forecast for 5 […]
The JP 225 stock index is trading within a limited range, with a triangle technical pattern forming on the chart. The JP 225 forecast for next week is neutral. JP 225 forecast: key trading points Recent data: the monetary base indicator has decreased by 0.3% Economic indicators: the monetary base reflects changes in the money […]
Brent prices received support from OPEC+ and reversed upwards. The quotes are now hovering around 75.00 USD, with growth likely to resume. Find out more in our Brent analysis for today, 5 November 2024. Brent forecast: key trading points Current trend: upward movement Market focus: market participants are awaiting the outcome of the US presidential […]
The GBPUSD pair rose, with the pound supported by the local weakness of the US dollar. More details in our analysis for 4 November 2024. GBPUSD forecast: key trading points The GBPUSD pair has risen Investors will need safe-haven assets this week GBPUSD forecast for 4 November 2024: 1.3060 and 1.3128 Fundamental analysis The GBPUSD […]
The USDJPY pair is undergoing a correction, with the US dollar retreating ahead of the US presidential election. Find out more in our analysis for 4 November 2024. USDJPY forecast: key trading points The USDJPY pair declines Safe-haven assets are in demand this week USDJPY forecast for 4 November 2024: 151.00 and 150.80 Fundamental analysis […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 4 – 8 November 2024. EURUSD forecast The EURUSD pair has completed a downward wave, reaching 1.0760. After the price hit this level, the third growth wave began to form, aiming for 1.0933. This could be […]
The US 500 stock index entered a downtrend amid mixed US labour market data and the upcoming election. The US 500 forecast for next week is moderately negative. US 500 forecast: key trading points Recent data: nonfarm payroll growth was just 12,000 in October Economic indicators: this metric reflects job growth in the US nonfarm […]
Rising eurozone figures and speeches by ECB officials are bolstering the euro. Find out more in our analysis for 4 November 2024. EURUSD forecast: key trading points The eurozone’s manufacturing PMI: previously at 45.0, projected at 45.9 A speech by a member of the Supervisory Board (ECB representative), Elizabeth McCaul A speech by European Central […]