Tag: Roboforex

Dec 16
Gold (XAUUSD) corrects towards 2,650 USD

XAUUSD prices rose above 2,720 USD last week but could not sustain that level, entering a correction. This week, the market will focus on the US Federal Reserve’s interest rate decision. More details in our XAUUSD analysis for today, 16 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting a Federal […]

Dec 13
USDJPY: the yen may strengthen its position

Japan’s favourable news landscape may push the USDJPY rate down to 151.00. Find out more in our analysis for 13 December 2024. USDJPY forecast: key trading points Japan’s Tankan Large All Industry Capex: previously at 10.6%, currently at 11.3% Japan’s Tankan Large Manufacturers Index: previously at 13 points, currently at 14 points Japan’s industrial production: […]

Dec 13
NZDUSD is at a two-year low: the situation could deteriorate further

The NZDUSD pair is falling to 0.5763, testing another local low under significant pressure from the US dollar. Find out more in our analysis for 13 December 2024. NZDUSD forecast: key trading points The NZDUSD pair continues its steep decline The market reacts negatively to the US dollar’s strength and the RBNZ’s interest rate plans […]

Dec 13
Gold (XAUUSD) failed to hold above 2,700 USD

Yesterday, XAUUSD prices rose to 2,726 USD during early trading. Still, they failed to hold at that level, entering a correction and declining further in response to the release of US inflation data. More details in our XAUUSD analysis for today, 13 December 2024. XAUUSD forecast: key trading points Market focus: US Producer Price Index […]

Dec 13
Weak US unemployment data supports a decline in EURUSD

Despite the ECB decision, the EURUSD rate remains under pressure, currently standing at 1.0461. Discover more in our analysis for 13 December 2024. EURUSD forecast: key trading points The US dollar remains under pressure even after a 25-basis-point ECB interest rate cut US initial jobless claims rose to 242 thousand, reaching the highest level since […]

Dec 12
EURUSD continues to decline: the US dollar strengthened further

The EURUSD pair fell to 1.0504. The market reacted to US inflation data. Find out more in our analysis for 12 December 2024. EURUSD forecast: key trading points The EURUSD pair continues its downward trend The US dollar strengthened further following the release of US inflation data EURUSD forecast for 12 December 2024: 1.0470 and […]

Dec 12
DE 40 analysis: the index maintains its upward trajectory, rising above 20,300.0

This week, the DE 40 stock index continues to rise, remaining firmly above the psychologically important 20,000.0 level. The DE 40 forecast for next week is positive. DE 40 forecast: key trading points Recent data: Germany’s annual inflation rate increased to 2.2% in November Economic indicators: the Consumer Price Index (CPI) measures the rate of […]

Dec 12
AUDUSD: the Australian dollar has a chance of strengthening

Amid positive data from Australia, the AUDUSD rate may continue its ascent to the 0.6444 level. More details in our analysis for 12 December 2024. AUDUSD forecast: key trading points Australia’s employment change in November: previously at 12.2 thousand, currently at 35.6 thousand Australia’s unemployment rate in November: previously at 4.1%, currently at 3.9% US […]

Dec 12
Silver (XAGUSD) prices hold above 32.00 USD

The XAGUSD pair has formed a reversal towards the long-term uptrend on the daily chart, rising above 32.00 USD. Further growth may occur soon. Find out more in our Silver price analysis for today, 12 December 2024. XAGUSD forecast: key trading points Market focus: US inflation data is due today, with the Producer Price Index […]

Dec 12
USDJPY: the yen is under pressure as a BoJ rate hike appears unlikely

The USDJPY rate is retreating from the resistance level, currently at 152.48. Discover more in our analysis for 12 December 2024 USDJPY forecast: key trading points Market expectations for a Bank of Japan interest rate hike in December have declined Traders believe the BoJ will keep the rate unchanged at 0.25% US CPI data for […]