Tag: Roboforex
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 21 – 25 October 2024. EURUSD forecast The EURUSD pair continues its downward momentum towards 1.0770, the first estimated target. After the price reaches this level, a correction is expected, aiming for at least 1.0990 (testing […]
The US 500 stock index is in a strong uptrend and has the potential for further growth; there are no signs of a possible correction. The US 500 forecast for next week is positive. US 500 forecast: key trading points Recent data: US industrial production decreased by 0.3% in September from the August reading Economic […]
The EURUSD rate declines after rebounding from the 1.0870 resistance level. Find out more in our analysis for 21 October 2024. EURUSD forecast: key trading points The US dollar has strengthened for the third consecutive week amid expectations of a softer Federal Reserve rate cut Markets estimate the likelihood of a 25-basis-point Fed rate cut […]
The IMF meeting and Neel Kashkari’s speech may further bolster the US dollar. Discover more in our analysis for 21 October 2024. USDJPY forecast: key trading points A speech by FOMC member Neel Kashkari The International Monetary Fund meeting The US Leading Economic Index, m/m: previously at -0.2%, projected at -0.3% USDJPY forecast for 21 […]
The US 30 stock index reached another all-time high and will likely be poised for further growth, supported by investor confidence in anticipated US Federal Reserve key rate cuts. The US 30 forecast for next week is moderately positive. US 30 forecast: key trading points Recent data: initial jobless claims reached 241,000 over the past […]
The USDJPY rate is hovering around an 11-week high. Find out more in our analysis for 18 October 2024. USDJPY forecast: key trading points Japan’s consumer prices rose by 2.5% year-on-year in September, the lowest level since April Tokyo’s core inflation index increased by 2.4% in September, remaining above the BoJ’s 2.0% target Japan’s top […]
The NZDUSD rate has gained a foothold above the support level. Discover more in our analysis for 18 October 2024. NZDUSD forecast: key trading points Inflation in New Zealand eased to 2.2%, the lowest level over the past three years The CPI increased by 0.6%, returning to the Reserve Bank of New Zealand’s target range […]
The XAUUSD price continues its upward rally, reaching a new all-time high of 2,714 USD today. The next growth target could be the 2,750 USD level. Our XAUUSD analysis for today, 18 October 2024, provides more details and insights. XAUUSD forecast: key trading points Market focus: gold has surpassed its previous all-time high of 2,685 […]
The AUDUSD rate remains above the EMA-200 line, thanks to the stable Australian economy. Discover more in our analysis for 17 October 2024. AUDUSD forecast: key trading points Analysts expect the RBA not to lower interest rates until the first half of next year The Australian economy added 64,100 jobs in September, well above the […]
Following a minor correction, the DE 40 stock index is again attempting to reach a new all-time high and surpass the 19,560.0 resistance level. However, any subsequent decline could be even more substantial. The DE 40 forecast for next week is moderately positive. DE 40 forecast: key trading points Recent data: Germany’s Consumer Price Index […]