Tag: Roboforex
The XAUUSD price is attempting to break out of a descending price channel as market participants await the Federal Reserve’s decision and US employment market statistics this week. Find out more in our XAUUSD analysis for today, 30 July 2024. XAUUSD trading key points Market focus: market participants await the Federal Reserve’s decision and US […]
The EURUSD rate corrected on Tuesday following an aggressive decline a day earlier. Why does the market remain cautious? Find out more in the analysis dated 30 July 2024. EURUSD trading key points The market awaits the Federal Reserve meeting on Wednesday for potential interest rate cut signals Today, traders will focus on the June […]
The JP 225 stock index has fallen by over 12% from its all-time high. The JP 225 index forecast suggests a further decline in line with the downtrend. JP 225 trading key points Recent data: Japan’s inflation (excluding food and energy prices) fell to 1.5% in July Economic indicators: this is significantly below the Bank […]
Moderately positive unemployment news does not prevent the yen from losing ground against the US dollar. Analysis for 30 July 2024 shows that expectations of a decision to change interest rates in Japan are driving up the USDJPY rate. Find out more in our analysis dated 30 July 2024. USDJPY trading key points The job […]
The EURUSD pair is rising. The week begins quietly, with the US Federal Reserve meeting lying ahead. Find out more in our forecast dated 29 July 2024. EURUSD trading key points The EURUSD pair maintains its upward trajectory The market expects a Federal Reserve interest rate cut in September EURUSD forecast for 29 July 2024: […]
The US 500 stock index has returned to a growth trajectory following a correction. However, it is unlikely that the index has ceased its decline or that the quotes are poised to reach new all-time highs. US 500 trading key points Recent data: the annual PCE inflation gauge decreased to 2.5% from 2.6% last month […]
The USDJPY rate is declining after rebounding from the 154.65 resistance level. Find out more about market expectations ahead of the BoJ and Federal Reserve meetings in our analysis dated 29 July 2024. USDJPY trading key points The BoJ is expected to raise the interest rate by 10 basis points The market awaits Federal Reserve […]
Brent crude oil price has consolidated above 80.00, with a likely upward reversal. Find out more in the analysis for 29 July 2024. Brent trading key points US data: the market awaits the Federal Reserve decision and US employment market statistics this week Brent forecast for 29 July 2024: 81.00 and 82.80 Fundamental analysis Brent […]
The GBPUSD pair declines further ahead of a speech by the new UK Chancellor of the Exchequer. Speculations about potential tax increases might push the GBPUSD rate further down. Find out more in our analysis dated 29 July 2024. GBPUSD trading key points Bank of England consumer lending: previously at 1.513 billion M3 monetary aggregate: […]
The USDJPY pair continues to decline in anticipation of an interest rate decision. The Bank of Japan’s leadership is considering the most suitable rate decision. Find out more in our analysis dated 26 July 2024. USDJPY trading key points Japan’s core Consumer Price Index (CPI) (y/y) in July: previously at 2.1%, currently at 2.2% CFTC […]