Tag: Roboforex
The DE 40 stock index is entering a sideways channel amid disappointing statistics and pessimistic expectations for the German economy. The DE 40 forecast for next week is negative. DE 40 forecast: key trading points Recent data: the German government revised the 2024 GDP forecast downwards by 0.2% Economic indicators: GDP reflects the growth dynamics […]
AUDUSD quotes have halted their decline and are attempting to reverse upwards after encountering demand from buyers near 0.6700. More details can be found in our analysis for 10 October 2024. AUDUSD forecast: key trading points The AUDUSD pair has found support and is trying to reverse upwards The AUD rate is under pressure due […]
XAGUSD prices are trading within a downward correction, edging down to the support area near 30.00 USD. The focus is now on US inflation data. Our XAGUSD analysis for today, 10 October 2024, provides further details and insights. Silver forecast: key trading points Market focus: market participants await the US Consumer Price Index (CPI) statistics […]
The USDJPY rate is slightly strengthening in its attempt to break above the key resistance level. Find out more in our analysis for 10 October 2024. USDJPY forecast: key trading points The yen is weakened due to the cautious stance of the Japanese authorities against interest rate hikes Japan’s producer prices rose by 2.8% year-on-year […]
The USDJPY pair has been holding in a range for the third day. Investors are cautious. Find out more in our analysis for 9 October 2024. USDJPY forecast: key trading points The USDJPY pair has started to consolidate Investors are conserving strength in anticipation of the latest Federal Reserve meeting minutes USDJPY forecast for 9 […]
The XAUUSD price continues to correct downwards following Friday’s positive US labour market data release. Today’s market focus is on the Fed meeting minutes. Our XAUUSD analysis for today, 9 October 2024, provides further details and insights. XAUUSD forecast: key trading points Market focus: market participants await the release of the Federal Reserve September meeting […]
Micron Technology Inc. (NYSE: MU) has recovered from last year’s losses and is rapidly increasing revenues and net income growth, surprising market participants and exceeding expert forecasts. The previous quarter’s report, released on 25 September, shows a 93% revenue increase. Given this context, is it wise to invest in Micron stock? The article provides a […]
According to the EURUSD analysis for 9 October 2024, the EURUSD rate is highly likely to continue declining, primarily driven by strong US labour market data, which raises doubts about further Federal Reserve rate cuts at the end of the year. EURUSD forecast: key trading points Germany’s Consumer Price Index ( CPI) reached 1.6% year-on-year […]
The USDCAD rate has risen for the sixth consecutive trading session, breaking above the 1.3625 resistance level. Find out more in our analysis for 9 October 2024. USDCAD forecast: key trading points Canada’s trade deficit reached 1.097 billion CAD in August, considerably exceeding forecasts Canada’s labour market is expected to weaken further, which may increase […]
Brent prices surged to 81.00 USD amid increasing tensions in the Middle East. Growth may continue after a minor correction. Find out more in our Brent analysis for today, 8 October 2024. Brent forecast: key trading points US data: the market awaits the API crude oil stock report today Current trend: correcting as part of […]