Tag: Roboforex
Brent prices plummeted to 74.00 USD amid the release of the OPEC report and easing tensions in the Middle East. Find out more in our Brent analysis for today, 15 October 2024. Brent forecast: key trading points OPEC cut its 2024 global oil demand forecast for the third time Current trend: correcting as part of […]
The USDCHF rate attempts to hold above the resistance level. More details are available in our analysis for 15 October 2024 USDCHF forecast: key trading points Member of the Board of Governors of the Federal Reserve Christopher Waller called for caution when lowering interest rates further Markets estimate the odds of a 25-basis-point Federal Reserve […]
XAUUSD price has completed a downward correction and decisively reversed upwards. The price is expected to continue ascending and potentially hit a new all-time high of 2,685 USD. Discover more in our XAUUSD analysis for today, 14 October 2024. XAUUSD forecast: key trading points Market focus: last week’s US inflation statistics came out roughly in […]
The USDJPY pair is approaching the upper boundary of a consolidation range. Today is a public holiday in Japan, and trading volumes are lower than usual. More details and insights are available in our analysis for 14 October 2024. USDJPY forecast: key trading points Japan’s Producer Price Index reached 2.8% year-on-year This indicates that year-on-year […]
The GBPUSD rate is attempting to rise for the second consecutive session. Find out more in our analysis for 14 October 2024. GBPUSD forecast: key trading points The UK’s trade deficit reduced to 0.96 billion GBP in August 2024, the lowest level since February Although the UK economy shows growth in Q3, the pace has […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 14 – 18 October 2024. EURUSD forecast The EURUSD pair has broken below the lower boundary of the consolidation range at 1.0994. A breakout of this level may signal a continuation of the downtrend towards 1.0777, […]
The US 500 stock index is in an uptrend and continues to hit new all-time highs. The US 500 forecast for next week is moderately optimistic. US 500 forecast: key trading points Recent data: the US CPI rose by 2.4% over the past 12 months Economic indicators: after labour market data, inflation is one of […]
The EURUSD rate is poised for another test of the EMA-200. Find out more in our analysis for 14 October 2024. EURUSD forecast: key trading points In August 2024, Germany recorded its lowest current account surplus of 14.4 billion EUR since May 2023 The US Consumer Sentiment Index fell to 68.9 points in October, according […]
The USDJPY pair is stuck in a consolidation phase, and the market is following the news. Find out more in our analysis for 11 October 2024. USDJPY forecast: key trading points The USDJPY pair continues to consolidate The yen is under pressure due to a strong US dollar and general uncertainty about further BoJ interest […]
The US 30 stock index significantly slowed its growth rate and will likely reverse into a downtrend. The US 30 forecast for next week is moderately negative. US 30 forecast: key trading points Recent data: the US Consumer Price Index (CPI) rose by 2.4% over the past 12 months Economic indicators: after labour market data, […]