Tag: Roboforex
The USDCAD rate has declined for the fourth consecutive session, with buyers holding the rate above the key 1.3600 support level. Find out more in our analysis dated 21 August 2024. USDCAD forecast: key trading points Inflation in Canada eased to 2.5% in July, reaching three-year lows Canada’s unemployment rate remains at 6.4%, marking the […]
Following the release of the Q2 2024 report on 24 July, Ford Motor Co. (NYSE: F) shares declined by 18%. The decline continued the next day. The company’s financial performance disappointed investors as it failed to meet expectations, especially in light of a more robust report from the competitor, General Motors Company (NYSE: GM), published […]
The US Tech index closed Tuesday’s trading session with a 0.35% decline. Ahead of the FOMC minutes release, the index may continue to correct before resuming its upward trend. US Tech forecast: key trading points The FOMC minutes release US initial jobless claims: previously at 227,000, projected at 233,000 Resistance: 19,777.7, Support: 17,260.0 US Tech […]
The USDJPY pair continues to decline, with sentiment towards the US dollar decreasing. Find out more in our analysis dated 21 August 2024. USDJPY forecast: key trading points The USDJPY pair weakens further Investors are focused on the upcoming decisions of the US Federal Reserve USDJPY forecast for 21 August 2024: 147.77, 150.55, and 156.00 […]
The JP 225 index is attempting to gain a foothold above the resistance level on Tuesday. Find out more in our analysis dated 20 August 2024. JP 225 forecast: key trading points Analysts forecast a fall in inflation in Japan, which may impact the BoJ’s decisions Released data on machinery orders and Q2 GDP growth […]
The USDJPY pair is attempting to regain ground after a decline. The Japanese prime minister elections are scheduled for 27 September. Find out more in our analysis dated 20 August 2024. USDJPY forecast: key trading points A speech by Federal Open Market Committee (FOMC) member Raphael W. Bostic A speech by Vice Chair for Supervision […]
Brent price has been falling for the third consecutive trading session amid declining economic activity in China and the Middle East negotiations. Find out more in our Brent analysis for today, 20 August 2024. Brent forecast: key trading points US data: the market awaits data on the API US crude oil stocks Brent forecast for […]
The USDCHF pair is tumbling. The market is gearing up for an imminent Federal Reserve interest rate cut. Find out more in our analysis dated 20 August 2024. USDCHF forecast: key trading points The USDCHF pair declines further The market is working against the US dollar USDCHF forecast for 20 August 2024: 0.8833 and 0.9070 […]
The EURUSD rate slightly declines following two trading sessions of growth. Find out more in our analysis dated 20 August 2024. EURUSD forecast: key trading points The EURUSD pair corrects after two trading sessions of growth and reaching a 33-week high Investors refrain from making aggressive investment decisions ahead of a speech by Federal Reserve […]
The British pound continues to strengthen against the US dollar despite scarce UK news. Find out more in our analysis dated 19 August 2024. GBPUSD forecast: key trading points The Rightmove UK house price index (m/m): previously at -0.4%, currently at -1.5% A speech by Federal Reserve official Christopher Waller GBPUSD forecast for 19 August […]