Tag: Roboforex

Aug 12
US 500 analysis: the downtrend persists

The US 500 stock index has formed a support level, but the trend remains downward. Given the weakening US employment market, the US 500 index forecast is negative. US 500 trading key points Recent data: initial jobless claims reached 233,000 Economic indicators: the US Federal Reserve is guided by employment market indicators in its decisions […]

Aug 12
GBPUSD rises for four days: risk appetite increases

The GBPUSD pair has risen for four consecutive trading days, improving market sentiment. Find out more in our analysis dated 12 August 2024. GBPUSD trading key points The GBPUSD pair is regaining ground The pace of monetary policy easing by the Bank of England will remain moderate GBPUSD forecast for 12 August 2024: 1.2870, 1.2640, […]

Aug 10
EURUSD in consolidation: stock market sentiment under control

The EURUSD pair is moving towards equilibrium. Bets on the Federal Reserve’s quick responses have diminished. Find out more in our analysis dated 9 August 2024. EURUSD trading key points The EURUSD pair is stabilising The Federal Reserve’s target is price stability, not responses to stock market sentiment EURUSD forecast for 9 August 2024: 1.0944, […]

Aug 09
New US unemployment data supports USDJPY

The USDJPY rate is correcting on Friday following three days of growth. Find out more in our analysis dated 9 August 2024. USDJPY trading key points US initial jobless claims fell to the lowest level in a year US positive employment market statistics weakened expectations of Federal Reserve monetary policy easing The likelihood of a […]

Aug 09
NZDUSD continues to regain ground after decline

Despite a reduction in NZD speculative net positions, the NZDUSD pair continues to strengthen. The New Zealand dollar is gaining against the US dollar. Find out more in our analysis for today, 9 August 2024. NZDUSD trading key points CFTC Gold speculative net positions: previously at 246.6 thousand CFTC NZD speculative net positions: previously at […]

Aug 09
US 30 analysis: the downtrend is expected to continue next week

During a significant stock market decline, the US 30 stock index broke below the ascending channel’s support line and the main support level. The US 30 forecast for next week suggests a further decline. US 30 trading key points Recent data: initial jobless claims reached 233 thousand Economic indicators: the employment market is the main […]

Aug 09
Gold (XAUUSD) rises moderately, returning to the price area above 2,400 USD

XAUUSD price reversed upwards and closed yesterday’s session with a moderate gain, establishing a foothold above 2,400. The upward movement may continue. Find out more in our XAUUSD analysis for today, 9 August 2024. XAUUSD trading key points Market focus: gold prices are rising amid geopolitical tensions in the Middle East Current trend: gold is […]

Aug 08
EURUSD continues to correct after a surge

A decrease in France’s balance of trade and US initial jobless claims may fuel a continuation of the EURUSD correction. Find out more in our analysis dated 8 August 2024. EURUSD trading key points France’s exports: previously at 50.4 billion EUR France’s imports: previously at 58.2 billion EUR France’s balance of trade: previously at -8.0 […]

Aug 08
RBA’s hawkish comments support AUDUSD

The AUDUSD rate is rising on Thursday morning; buyers are testing the resistance area. Find out more in our analysis dated 8 August 2024. AUDUSD trading key points The Reserve Bank of Australia left the interest rate unchanged at 4.35% for the sixth consecutive time The Australian dollar reached a two-week high against the US […]

Aug 08
DE 40 analysis: recovery is slowing; a decline will continue

The DE 40 stock index fell by 9.88% from its all-time high, exiting a sideways channel on Monday. The DE 40 index forecast suggests a further decline. DE 40 trading key points Recent data: Germany’s factory orders unexpectedly rose by 3.9% in June, exceeding analysts’ forecast of 0.5% Economic indicators: the German economy largely depends […]