Tag: Roboforex
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 […]
With no demand from non-residents, the JP 225 index is trading in a sideways channel without a pronounced trend. As foreign investors reduce their positions, the outlook for the JP 225 appears to be negative. JP 225 forecast: key trading points Recent data: non-residents sold 10.5bn USD worth of Japanese shares Economic indicators: demand for […]
The Brent price is experiencing an upward correction, bolstered by investor optimism following the recent Fed rate cut. However, despite the current correction, the overall trend remains downward, and further declines are possible. For more detailed insights, read our Brent analysis and market outlook for today, 24 September 2024. Brent forecast: key trading points US […]
In today’s USDCHF analysis for 24 September 2024, the pair exhibits potential for a correction. With critical economic events, such as the upcoming speech by a Federal Open Market Committee (FOMC) member and the anticipated increase in the US Consumer Confidence Index, traders should remain vigilant. These factors could significantly influence the USDCHF forecast and […]
The USDJPY currency pair has risen steadily after breaking out of a descending channel, signalling the potential for continued upward momentum. In this analysis for 24 September 2024, we delve into the key market drivers, technical outlook, and signals influencing USDJPY forecasts for traders. USDJPY forecast: key trading points Traders focus on the upcoming PCE […]
The XAUUSD price reached another all-time high at 2,630 USD at the beginning of the week. The gold trend is upward, but a downward correction is possible – read about it in our XAUUSD analysis for today, 23 September 2024. XAUUSD forecast: key trading points Market focus: Gold is growing steadily on the back of […]
The USDJPY pair is continuing to rise. The yen lost more than 2% last week. Read more in our analysis for 23 September 2024. USDJPY forecast: key trading points USDJPY is steadily rising The yen is under pressure from the Bank of Japan’s indecision USDJPY forecast for 23 September 2024: 145.55 and 146.76 Fundamental analysis […]