Tag: Roboforex
The US 30 stock index is in an uptrend but has failed to overcome the resistance level at 42,340.0 for more than a week. The US 30 forecast for the next week is moderately positive. US 30 forecast: key trading points Recent data: Initial Jobless Claims totalled 225,000 for the week Economic indicators: reflect the […]
Job growth and the projected unemployment rate in the US may put pressure on the euro. Read more in our EURUSD analysis for today, 4 October 2024. EURUSD forecast: key trading points Speech by European Central Bank Vice President Luis de Guindos Change in the number of employed in US nonfarm payrolls: previously 142 thousand, […]
The XAGUSD price failed to overcome the resistance at 32.30 USD yesterday and entered a downward correction. Tomorrow, market participants will focus on US labour market data. Read about it in our XAGUSD analysis for today, 3 October 2024. Silver forecast: key trading points Market focus: market participants are awaiting tomorrow’s US labour market statistics […]
The AUDUSD is steadily moving away from its recent highs, with the strength of the US dollar applying consistent downward pressure on the Australian dollar (AUD). More details can be found in our AUDUSD analysis and forecast for 3 October 2024. AUDUSD forecast: key trading points AUDUSD is moving away from the highs AUDUSD is […]
EURUSD is declining for the fifth consecutive trading session. Read more in our comprehensive EURUSD analysis for today, 3 October 2024. EURUSD forecast: key trading points In September, the number of jobs in the US private sector increased by 143,000 The US manufacturing sector continues to shrink, with the ISM index at 47.2 points, indicating […]
A decline in the US service sector activity index and a rise in jobless claims could be a trigger for a stronger Yen. Read more in our USDJPY analysis for today, 3 October 2024. USDJPY forecast: key trading points Speech by Asahi Noguchi, BoJ Board member US Services PMI: previous reading 55.7, forecast 55.4 US […]
Gold (XAUUSD) experienced a reversal after attempting to break through the resistance at 2,670 USD. Today, market participants will shift their focus to the US labour market data from ADP, which could significantly impact the XAUUSD outlook. Read more in our analysis for today, 2 October 2024. XAUUSD forecast: key trading points Market focus: market […]
EURUSD is testing a four-week low. Investors are shying away from risk as tensions escalate. Read more in our detailed EURUSD forecast for 2 October 2024. EURUSD forecast: key trading points EURUSD declined sharply The US dollar is in demand as a safe-haven asset EURUSD forecast for 2 October 2024: 1.0982 Fundamental analysis The EURUSD […]
The reduction of the US Federal Reserve’s interest rate by 0.5% indicates that the country’s economy is slowing down, which could ultimately negatively impact the revenues of logistics companies. On 19 September 2024, FedEx Corp (NYSE: FDX) published a quarterly report that fell short of expectations, causing the company’s shares to fall by more than […]
The US Tech stock index is in an uptrend and is expected to reach new all-time highs. The forecast for US Tech next week is positive. US Tech forecast: key trading points Recent data: ISM Manufacturing PMI was 47.2% in September Economic indicators: the ISM Manufacturing PMI is an indicator of the manufacturing sector’s economic […]