Tag: Roboforex
The USDCAD rate is rising, reaching the upper boundary of a long-term range. Discover more in our analysis for 30 October 2024. USDCAD forecast: key trading points US job openings in September 2024 decreased by 418,000 to 7.443 million The US Consumer Confidence Index rose to 108.7 points in October, beating analysts’ forecasts Canada’s wholesale […]
Brent prices continue to decline moderately after the underwhelming OPEC report and eased concerns over a potential escalation of the Middle East conflict. Discover more in our Brent analysis for today, 29 October 2024. Brent forecast: key trading points US data: API crude oil inventory statistics will be released today Current trend: a downward movement […]
Decreased unemployment in Japan and increased consumer confidence in the US support the strength of the US dollar. Discover more in our analysis for 29 October 2024. USDJPY forecast: key trading points Japan’s unemployment rate: previously at 2.5%, currently at 2.4% US job openings: previously at 8.040 million, currently at 7.980 million The US Consumer […]
The JP 225 stock index remains in a downtrend, with a deep correction likely to persist. The JP 225 forecast for next week is negative. JP 225 forecast: key trading points Recent data: Japan’s manufacturing PMI was 49.0 points in October based on preliminary data Economic indicators: this is a gauge of business activity in […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 29 October – 1 November 2024. EURUSD forecast The EURUSD pair has completed a downward wave, reaching 1.0760. After hitting this level, the price completed the first upward impulse towards 1.0833. The correction of this impulse […]
The EURUSD rate slightly declines, remaining within the range. More details in our analysis for 29 October 2024. EURUSD forecast: key trading points Positive US economic indicators continue to exert pressure on the euro The increasing likelihood of Donald Trump’s victory in the presidential election supports the US dollar Traders are focused on the upcoming […]
The USDCHF pair is declining; the market requires a correction. Find out more in our analysis for 29 October 2024. USDCHF forecast: key trading points The USDCHF pair is undergoing a correction The market is focused on the upcoming US presidential election USDCHF forecast for 29 October 2024: 0.8636 and 0.8740 Fundamental analysis The USDCHF […]
The USDJPY pair has halted its surge. The market preserves strength ahead of political developments. Find out more in our analysis for 25 October 2024. USDJPY forecast: key trading points The USDJPY pair experienced reduced volatility Investors await the outcome of the Japanese elections over the weekend USDJPY forecast for 25 October 2024: 150.75 Fundamental […]
The US 30 stock index has broken below the support level and is likely to decline further. The US 30 forecast for next week is moderately negative. US 30 forecast: key trading points Recent data: the composite PMI reached 54.3 points in October based on the preliminary data Economic indicators: the indicator shows overall business […]
XAUUSD price has entered a local correction after reaching a new all-time high of 2,758 USD. Once this phase is complete, growth may resume. More details in our XAUUSD analysis for today, 25 October 2024. XAUUSD forecast: key trading points Market focus: US statistics on durable goods orders and the Michigan Consumer Sentiment Index are […]