Tag: Roboforex
Despite Germany’s economic downturn, the DE 40 stock index continues rising, reaching historical highs. This anomaly is unlikely to last long, so the forecast for the DE 40 for next week is negative. DE 40 forecast: key trading points Recent data: Manufacturing PMI was 40.3 points in September Economic indicators: Manufacturing PMI reflects current economic […]
AUDUSD is regaining some of its lost ground after falling more than 1% the previous day. Read more details in our analysis for 26 September 2024. AUDUSD forecast: key trading points Support for the Chinese economy stimulates demand for Australian exports, which helps AUDUSD to strengthen The Australian Consumer Price Index declined to 2.7% in […]
The Brent crude oil price failed to overcome the 75.00 USD mark and fell to the area around 70.00 USD. According to our Brent forecast, the daily trend remains downward, signalling that the decline may continue. Read our Brent analysis for today, 26 September 2024, for further insights. Brent forecast: key trading points US data: […]
The monthly ECB report, alongside the latest US GDP and unemployment data, could be critical signals triggering further USD weakness. Read more in our EURUSD forecast and analysis for 26 September 2024. EURUSD forecast: key trading points ECB monthly report US GDP (QoQ): previously 3.0%, forecasted 3.0% US Initial Jobless Claims: previously 219K, forecasted 224K […]
The XAUUSD price reached a new all-time high this morning at 2,670 USD. The trend for gold remains upward, though a downward correction may start soon – read about it in our XAUUSD analysis for today, 25 September 2024. XAUUSD forecast: key trading points Market focus: gold is steadily rising following the US Fed rate […]
The US Tech stock index is in an uptrend and will likely renew its historical high. The US Tech forecast for next week is moderately positive. US Tech forecast: key trading points Recent data: mortgage applications registered in the US last week increased by 14.20% Economic indicators: mortgage demand indicators have an indirect impact on […]
The USDCAD pair continues its downward trajectory, currently sitting at a four-week low, influenced by recent economic developments in China. Read more in our analysis for 25 September 2024. USDCAD forecast: key trading points Continued weakness in USDCAD: the pair continues to decline, driven by external factors such as Chinese economic stimulus and recovering oil […]
A possible decline in new home sales in the US and Japanese indices remaining flat may impact the current USDJPY trend – read more in our analysis for today – 25 September 2024. USDJPY forecast: key trading points Japan Corporate Services Price Index (CSPI) YoY: previous 2.7%, actual 2.7% Japan Core CPI (Consumer Price Index) […]
The EURUSD rate is correcting after testing a four-week high. Read more in our detailed EURUSD analysis for 25 September 2024, including key signals and market outlook. EURUSD forecast: key trading points Expectations of a Fed interest rate cut have intensified, causing a sharp rise in the euro Weak economic data from Europe, including a […]
EURUSD has stopped its downward momentum and appears to have found stability. Investors expect a period of consolidation. More insights can be found in our EURUSD analysis and forecast for 24 September 2024. EURUSD forecast: key trading points EURUSD stopped falling The euro faced pressure due to weaker-than-expected economic statistics, but the US dollar is […]