Tag: Roboforex
USDJPY remains on the upside. Powell and Ishiba supported the USD. Read more in our USDJPY analysis for 1 October 2024. USDJPY forecast: key trading points The USDJPY pair has been ‘in the plus’ for the second consecutive day Powell’s comments have reinforced support for the US dollar USDJPY forecast for 1 October 2024: 144.47 […]
After trading in a sideways channel, the JP 225 stock index broke through its upper boundary and then changed the trend back to a downtrend. The forecast for the JP 225 index for the next week is negative. JP 225 forecast: key trading points Recent data: Manufacturing PMI was 49.7 in September Economic indicators: Manufacturing […]
Brent price failed to overcome the resistance level at 75.00 USD last week and turned downwards. The daily trend is downward, and the decline may continue – read about it in our Brent analysis for today, October 1, 2024. Brent forecast: key trading points US data: today, the market is waiting for the API oil […]
Falling Eurozone indices become a trigger for the euro weakening – read more in our analysis for 1 October 2024. EURUSD forecast: key trading points Eurozone Consumer Price Index (y/y) for September: previous value – 2.2%, forecasted – 1.8% ISM US Manufacturing PMI: previous value – 47.9, forecasted – 47.0 US Job Openings in the […]
The USDCHF exchange rate is strengthening and preparing to test the resistance level at 0.8525. Read more in our USDCHF analysis and forecast for October 1, 2024. USDCHF forecast: key trading points Fed chairman Jerome Powell’s statements about less drastic rate cuts support USDCHF The probability of a 50 basis points rate cut in November […]
The EURUSD rate is strengthening but remains at a strong resistance level of 1.1200. Read more in our analysis for 30 September 2024. EURUSD forecast: key trading points The Personal Consumption Expenditure (PCE) index rose by 0.1% in August, while the annual growth was 2.2% The Core PCE index increased by 0.1% month-on-month and 2.7% […]
GBPUSD continues to grow, with the pound needing to break out of the sideways channel. Read more in our GBPUSD analysis and forecast for today, 30 September 2024. GBPUSD forecast: key trading points GBPUSD is poised for further growth GBPUSD outlook remains subdued due to uncertainty surrounding the Bank of England’s next monetary moves GBPUSD […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 30 September – 4 October 2024. EURUSD forecast The EURUSD pair is forming a broad consolidation range around the level of 1.1144, with expected growth to 1.1222. After reaching this level, a decline to 1.1144 (test […]
As part of a localised downward correction, the XAUUSD price dipped below 2,650 USD. This week, market participants will focus on US labour market data. For more details, read our XAUUSD analysis, including signals, news, and outlook for today, 30 September 2024. XAUUSD forecast: key trading points Market focus: market participants are anticipating US labour […]
The US 500 stock index is progressively updating its historical highs, but the growth momentum is weakening, and the probability of a corrective decline is increasing. The forecast for the US 500 for the next week is negative. US 500 forecast: key trading points Recent data: Core PCE inflation was 2.7% year-on-year Economic indicators: This […]