Tag: Roboforex
After rebounding from the 200-day Moving Average, the US Tech stock index breached the downtrend line. The US Tech index forecast is moderately optimistic. US Tech forecast: key trading points Recent data: US retail sales rose by 0.1% in August Economic indicators: the retail sales figure indirectly reflects the future GDP and inflation dynamics Market […]
The Federal Reserve interest rate decision dominates the news. Find out more in our analysis for 18 September 2024. EURUSD forecast: key trading points The eurozone’s Consumer Price Index (CPI) in August (y/y): previously at 2.6%, projected at 2.2% The US Federal Reserve interest rate decision: previously at 5.50%, projected at 5.25% US Federal Reserve […]
The USDCHF pair continues to fall, with the Swiss franc benefiting from the weakness of the US dollar. Find out more in our analysis for 17 September 2024. USDCHF forecast: key trading points The USDCHF pair is still going down The US dollar falls amid concerns about the Federal Reserve’s decision USDCHF forecast for 17 […]
The JP 225 stock index remains in the sideways range without a clear trend, unable to fully recover from the decline in early August this year. The JP 225 forecast for next week is negative. JP 225 forecast: key trading points Recent data: 53% of potential investors expect an interest rate hike in 2024, according […]
Brent price fell impressively within the downtrend last week. The price has now gone into an upward correction, but once it is complete, the decline could continue. Find out more in our Brent analysis for today, 17 September 2024. Brent forecast: key trading points US data: the market is awaiting the API oil stock statistics […]
Japan’s PMI improved significantly, while US retail sales may decline. Find out more in our analysis for 17 September 2024. USDJPY forecast: key trading points Japan’s services PMI (m/m): previously at -1.2%, currently at 1.4% US core retail sales index (m/m): previously at 0.4%, projected at 0.2% US retail sales (m/m): previously at 1.0%, projected […]
The EURUSD rate is correcting after declining for three consecutive sessions, with losses exceeding 1.19%. Discover more in our analysis for 17 September 2024. EURUSD forecast: key trading points The likelihood of a 50-basis-point Federal Reserve interest rate cut is 69%, while the odds of a 25-basis-point rate reduction is 31% Investors are awaiting data […]
XAUUSD price broke above the sideways range following the US PPI release last week, surpassing its all-time high of 2,532 USD. Now the uptrend continues. Find out more in our XAUUSD analysis for today, 16 September 2024. XAUUSD forecast: key trading points Market focus: market participants await the US Fed interest rate decision this week […]
The EURUSD pair has been rising for the third consecutive trading day. Investors are awaiting a 50-basis-point Federal Reserve interest rate cut. Find out more in our analysis for 16 September 2024. EURUSD forecast: key trading points The EURUSD pair rose steadily The US Federal Reserve meeting will be the main event of the week […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 16-20 September 2024. EURUSD forecast The EURUSD pair offers to consider the first downward wave towards 1.1002. The second corrective wave is forming, with the target at 1.1111, potentially extending to 1.1128. A triangle technical pattern […]