Tag: Roboforex
The DE 40 index is in a downtrend after reaching an all-time high amid the crisis in the German automotive industry. The DE 40 forecast for next week is negative. DE 40 forecast: key trading points Recent data: consumer inflation in Germany is 1.9% Economic indicators: inflation in the leading EU economy directly affects the […]
The EURUSD rate is slightly correcting following a decline caused by a rise in US inflation. Discover more in our analysis for 12 September 2024. EURUSD forecast: key trading points US core inflation unexpectedly rose by 0.3% in August from July, marking the highest reading in four months The likelihood of a 50-basis-point Federal Reserve […]
Brent’s price fell as part of the downtrend, completing a target movement in line with the triangle pattern. The quotes are now undergoing an upward correction. However, once it is complete, the decline may continue. Find out more in our Brent analysis for today, 12 September 2024. Brent forecast: key trading points US data: the […]
A rise in Japan’s business survey index of large manufacturing firms above zero and a hawkish speech by the BoJ Policy Board member may cause the USD to lose ground against the JPY. Find out more in our analysis for 12 September 2024. USDJPY forecast: key trading points Japan’s business survey index of large manufacturing […]
The EURUSD pair hovers at a four-week low on Wednesday. The market appears wary. Discover more in our analysis for 11 September 2024. EURUSD forecast: key trading points The EURUSD pair dropped to a four-week low Investors are keeping an eye on politics and the upcoming US inflation report for August EURUSD forecast for 11 […]
The US Tech stock index is in a downtrend and under pressure ahead of the US Federal Reserve key rate meeting. Therefore, the US Tech forecast is negative. US Tech forecast: key trading points Recent data: the number of jobs in the US increased by 142,000 in August Economic indicators: monetary policy parameters depend on […]
XAUUSD price is again approaching an all-time high of 2,532 USD, which has already restrained price growth several times. Market participants are focusing on US inflation data. Find out more in our XAUUSD analysis for today, 11 September 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting US inflation statistics today Current […]
The USDJPY rate fell below the annual low following the BoJ official’s speech. Find out more in our analysis for 11 September 2024. USDJPY forecast: key trading points BoJ Policy Board member Junko Nakagawa announced further interest rate hikes if inflation remains at the projected level The expected US consumer price index report may show […]
The US consumer price index at last year’s level and the rest of the fundamental data package may further drive the USDCAD pair. Discover more in our analysis for 11 September 2024. USDCAD forecast: key trading points The Thomson Reuters/Ipsos primary consumer sentiment index in Canada (PCSI): previously at 50.06 The US consumer price index […]
The USDJPY pair has halted its rise and is consolidating. Investors have a busy week ahead. Find out more in our analysis for 10 September 2024. USDJPY forecast: key trading points The USDJPY halted its ascent The market is still betting on a decisive monetary policy tightening by the Bank of Japan USDJPY forecast for […]