Tag: Roboforex
The EURUSD pair is rising to 1.1041 on Monday. The market is convinced of the Federal Reserve’s soft tone. Find out more in our analysis dated 19 August 2024. EURUSD forecast: key trading points The rally in the EURUSD pair is accelerating The Federal Reserve’s minutes are expected to refer to an imminent interest rate […]
The eurozone’s trade balance and easing US inflation may help strengthen the US dollar. Find out more in our analysis dated 16 August 2024. EURUSD forecast: key trading points The eurozone’s trade balance: previously at 13.9 billion, forecasted at 13.3 billion Michigan inflation expectations in the US: previously at 2.9% Italy’s consumer price index (CPI) […]
The USDJPY pair is in positive territory. The market evaluates a variety of news. Find out more in our analysis dated 16 August 2024. USDJPY forecast: key trading points The USDJPY pair is actively rising The yen rate comes under pressure from domestic news USDJPY forecast for 16 August 2024: 149.89 and 150.55 Fundamental analysis […]
Gold has the potential to rise to 2,500 USD. With no significant news expected today, market participants are awaiting US Federal Reserve Chair Jerome Powell’s speech. His words will be closely scrutinised for any hints about how the Fed’s chair assesses the economy following the release of weaker-than-expected indicators. XAUUSD forecast: key trading points Market […]
The US 30 stock index is rising rather actively as part of a correction after the decline. The main driver is the buyback operations of the companies. The US 30 index forecast remains pessimistic. US 30 forecast: key trading points Recent data: initial jobless claims reached 227,000 Economic indicators: inflation and employment market indicators are […]
The NZDUSD rate rises on Friday after rebounding from the 0.5975 support level. Find out more in our analysis dated 16 August 2024. NZDUSD forecast: key trading points New Zealand’s manufacturing PMI increased to 44 points in July New Zealand’s producer inflation rose by 1.4% in Q2 2024 The Reserve Bank of New Zealand governor […]
A deterioration in the actual US index data may push the USDCAD pair lower. Find out more in our analysis dated 14 August 2024 USDCAD forecast: key trading points The Thomson Reuters/Ipsos primary consumer sentiment index in Canada (PCSI): previously at 46.97 The US consumer price index (m/m) for July: previously at -0.1%, projected at […]
The EURUSD pair is experiencing a substantial rise. The market counts on weak economic signals from the US. Find out more in our analysis dated 14 August 2024. EURUSD forecast: key trading points The EURUSD pair has reached a new high in seven trading sessions The market is increasingly confident about a substantial Federal Reserve […]
The US Tech stock index has fallen by more than 28% from its highest levels. The ongoing corrective rise does not suggest a reversal of the current downtrend. Therefore, the US Tech index forecast is negative, with further declines anticipated. US Tech forecast: key trading points Recent data: the US PPI index rose by 0.1% […]
XAUUSD quotes are testing the upper boundary of a triangle pattern, which may lead to a breakout. Find out more in our analysis dated 14 August 2024. XAUUSD forecast: key trading points Annual producer inflation slowed to 2.2% in July, approaching the Federal Reserve 2% target New data on easing US inflation supported expectations for […]