Tag: Roboforex
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 29 October – 1 November 2024. EURUSD forecast The EURUSD pair has completed a downward wave, reaching 1.0760. After hitting this level, the price completed the first upward impulse towards 1.0833. The correction of this impulse […]
The EURUSD rate slightly declines, remaining within the range. More details in our analysis for 29 October 2024. EURUSD forecast: key trading points Positive US economic indicators continue to exert pressure on the euro The increasing likelihood of Donald Trump’s victory in the presidential election supports the US dollar Traders are focused on the upcoming […]
The USDCHF pair is declining; the market requires a correction. Find out more in our analysis for 29 October 2024. USDCHF forecast: key trading points The USDCHF pair is undergoing a correction The market is focused on the upcoming US presidential election USDCHF forecast for 29 October 2024: 0.8636 and 0.8740 Fundamental analysis The USDCHF […]
The USDJPY pair has halted its surge. The market preserves strength ahead of political developments. Find out more in our analysis for 25 October 2024. USDJPY forecast: key trading points The USDJPY pair experienced reduced volatility Investors await the outcome of the Japanese elections over the weekend USDJPY forecast for 25 October 2024: 150.75 Fundamental […]
The US 30 stock index has broken below the support level and is likely to decline further. The US 30 forecast for next week is moderately negative. US 30 forecast: key trading points Recent data: the composite PMI reached 54.3 points in October based on the preliminary data Economic indicators: the indicator shows overall business […]
XAUUSD price has entered a local correction after reaching a new all-time high of 2,758 USD. Once this phase is complete, growth may resume. More details in our XAUUSD analysis for today, 25 October 2024. XAUUSD forecast: key trading points Market focus: US statistics on durable goods orders and the Michigan Consumer Sentiment Index are […]
A speech by ECB official Elizabeth McCaul, the IMF meeting, and rising inflation in the US could support the euro. Discover more in our analysis for 25 October 2024. EURUSD forecast: key trading points A speech by a member of the Supervisory Board (ECB representative), Elizabeth McCaul The International Monetary Fund meeting The expected University […]
The NZDUSD rate is declining within a descending channel, attempting to secure a position below the support level. Find out more in our analysis for 25 October 2024. NZDUSD forecast: key trading points RBNZ Governor Adrian Orr confirmed that the low inflation target is attainable, adding to arguments for an interest rate cut in November […]
The AUDUSD pair remains in a downward trend, pausing for corrections. Risk appetite is weak. Discover more in our analysis for 24 October 2024. AUDUSD forecast: key trading points The AUDUSD pair declines The RBA is expected to keep the interest rate unchanged this year AUDUSD forecast for 24 October 2024: 0.6696 Fundamental analysis The […]
The DE 40 stock index has entered a downtrend after reaching a new all-time high. The DE 40 forecast for next week is pessimistic. DE 40 forecast: key trading points Recent data: Germany’s preliminary manufacturing PMI for October was 42.6 points Economic indicators: the manufacturing PMI reflects changes in activity in the German manufacturing sector […]