Tag: Roboforex

Oct 23
Inflation risks and geopolitics bolster the demand for gold (XAUUSD)

Gold is rising amid increasing uncertainty ahead of the US election. Discover more in our analysis for 23 October 2024. XAUUSD forecast: key trading points Gold has set a new record, testing the 2,753 USD level Stronger demand is due to the upcoming US election, which creates uncertainty in the markets Both US presidential candidates […]

Oct 22
USDCHF: the franc is under pressure due to easing inflation

The USDCHF rate slightly declines on Tuesday. More details in our analysis for 22 October 2024. USDCHF forecast: key trading points Markets predict Trump’s potential victory, which may drive up US inflation, adding pressure on the franc Expectations of monetary policy easing by the Swiss National Bank support the rise in the USDCHF pair USDCHF […]

Oct 22
USDJPY continues its ascent, reaching a three-month high

The USDJPY pair has reached a new three-month peak. The market does not rule out currency interventions from the Bank of Japan. Find out more in our analysis for 22 October 2024. USDJPY forecast: key trading points The USDJPY pair has surpassed a three-month high The yen has weakened, increasing the likelihood of new currency […]

Oct 22
JP 225 analysis: easing inflation and rising interest rates adversely impact the stock market

The JP 225 stock index is reversing from an uptrend to a downtrend amid signs of declining economic growth in Japan. The JP 225 forecast for next week is negative. JP 225 forecast: key trading points Recent data: the Bank of Japan’s core Consumer Price Index (CPI) reached 1.7% year-on-year Economic indicators: this indicator shows […]

Oct 22
EURUSD forecast 2024-2026: key market trends and future predictions

The EUR/USD pair in the first half of 2024 has been a rollercoaster of volatility, marked by sharp fluctuations within each day as economic uncertainties and central bank policies clash. Geopolitical events and macroeconomic indicators put serious pressure on the pair. What will be the forecast for EURUSD in the coming years? In this article, […]

Oct 22
Brent gained support around 72.00 USD

Brent prices fell by 7% last week amid the underwhelming OPEC report. The price found support at the 72.00 USD level and reversed upwards. More details in our Brent analysis for today, 22 October 2024. Brent forecast: key trading points US data: the market awaits the API crude oil stock statistics Current trend: correcting as […]

Oct 22
EURUSD: the euro continues to lose ground against the US dollar

The EURUSD pair is expected to experience increased volatility today due to speeches by the ECB president and officials. Find out more in our analysis for 22 October 2024. EURUSD forecast: key trading points A speech by Bundesbank’s Burkhard Balz A speech by member of the Supervisory Board (ECB representative) Elizabeth McCaul A report by […]

Oct 22
EURUSD is at August 2024 lows

The EURUSD pair reached its lowest level since early August; market participants probably anticipated the ECB decision in advance. Find out more in our analysis for 18 October 2024. EURUSD forecast: key trading points The ECB lowered the three key interest rates by 25 basis points, with the deposit interest rate down to 3.25%, the marginal […]

Oct 21
GBPUSD is poised to recover with a rebound

The GBPUSD pair has halted its decline and is stabilising. The pound appears oversold. More details in our analysis for 21 October 2024. GBPUSD forecast: key trading points The GBPUSD pair maintains its upward momentum Market focus is on the upcoming speeches by Bank of England monetary policymakers GBPUSD forecast for 21 October 2024: 1.2940 […]

Oct 21
Gold (XAUUSD) strengthens, closing last week above 2,700 USD

XAUUSD price continues its upward rally, hitting new all-time highs daily. The next target for growth could be the 2,750 USD level. Find out more in our XAUUSD analysis for today, 21 October 2024. XAUUSD forecast: key trading points Market focus: gold has confidently held above 2,700 USD Current trend: trading in an uptrend XAUUSD […]