Tag: Roboforex
XAUUSD price has completed a downward correction and decisively reversed upwards. The price is expected to continue ascending and potentially hit a new all-time high of 2,685 USD. Discover more in our XAUUSD analysis for today, 14 October 2024. XAUUSD forecast: key trading points Market focus: last week’s US inflation statistics came out roughly in […]
The USDJPY pair is approaching the upper boundary of a consolidation range. Today is a public holiday in Japan, and trading volumes are lower than usual. More details and insights are available in our analysis for 14 October 2024. USDJPY forecast: key trading points Japan’s Producer Price Index reached 2.8% year-on-year This indicates that year-on-year […]
The GBPUSD rate is attempting to rise for the second consecutive session. Find out more in our analysis for 14 October 2024. GBPUSD forecast: key trading points The UK’s trade deficit reduced to 0.96 billion GBP in August 2024, the lowest level since February Although the UK economy shows growth in Q3, the pace has […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 14 – 18 October 2024. EURUSD forecast The EURUSD pair has broken below the lower boundary of the consolidation range at 1.0994. A breakout of this level may signal a continuation of the downtrend towards 1.0777, […]
The US 500 stock index is in an uptrend and continues to hit new all-time highs. The US 500 forecast for next week is moderately optimistic. US 500 forecast: key trading points Recent data: the US CPI rose by 2.4% over the past 12 months Economic indicators: after labour market data, inflation is one of […]
The EURUSD rate is poised for another test of the EMA-200. Find out more in our analysis for 14 October 2024. EURUSD forecast: key trading points In August 2024, Germany recorded its lowest current account surplus of 14.4 billion EUR since May 2023 The US Consumer Sentiment Index fell to 68.9 points in October, according […]
The USDJPY pair is stuck in a consolidation phase, and the market is following the news. Find out more in our analysis for 11 October 2024. USDJPY forecast: key trading points The USDJPY pair continues to consolidate The yen is under pressure due to a strong US dollar and general uncertainty about further BoJ interest […]
The US 30 stock index significantly slowed its growth rate and will likely reverse into a downtrend. The US 30 forecast for next week is moderately negative. US 30 forecast: key trading points Recent data: the US Consumer Price Index (CPI) rose by 2.4% over the past 12 months Economic indicators: after labour market data, […]
The NZDUSD pair is rising, and investors are buying the Kiwi at lows. Discover more in our analysis for 11 October 2024. NZDUSD forecast: key trading points The NZDUSD pair begins its ascent Following a protracted decline, the NZD rate appears attractive to investors NZDUSD forecast for 11 October 2024: 0.6138, 0.6182, and 0.6214 Fundamental […]
The EURUSD rate shows slight growth after rebounding from the EMA-200. Find out more in our analysis for 11 October 2024. EURUSD forecast: key trading points The US Consumer Price Index decreased to 2.4%, coming in above the projected 2.3% and marking the lowest reading since February 2021 US core inflation rose to 3.3%, exceeding […]