Disclaimer: the information in this article is based on the analysis of reputable financial resources and analytical data from RoboForex specialists. It reflects the conclusions of thorough research, but it should be taken into account that economic changes may significantly affect market conditions, which may lead to changes in Gold forecasts. We recommend conducting your […]
XAUUSD prices are rising, surpassing the 2,650 USD resistance level and reaching the next resistance at 2,700 USD. The market awaits US inflation data today. Find out more in our XAUUSD analysis for today, 11 December 2024. XAUUSD forecast: key trading points Market focus: US consumer inflation data – the Consumer Price Index (CPI) will […]
The USDJPY pair is consolidating around 151.60. The prerequisites for further growth remain in place. Discover more in our analysis for 11 December 2024. USDJPY forecast: key trading points The USDJPY pair halted after a wave of growth The local strengthening of the US dollar is exerting pressure on the yen USDJPY forecast for 11 […]
The US Tech stock index has failed to reach another all-time high and is now poised for a correction. Find out more in our US Tech price forecast and analysis for next week, 16-20 December 2024. US Tech forecast: key trading points Recent data: US nonfarm payrolls stood at 227 thousand in November Economic indicators: […]
Neutral US economic indicators may trigger a decline in the EURUSD rate to 1.0440. Find out more in our analysis for 11 December 2024. EURUSD forecast: key trading points The US core CPI (m/m): previously at 0.3%, projected at 0.3% The US CPI (y/y): previously at 2.6%, projected at 2.7% EURUSD forecast for 11 December […]
The Walt Disney Company (NYSE: DIS) shares have fallen to levels last seen in 2020, when the coronavirus pandemic swept across the world and left Disney theme parks without visitors. However, the company’s revenue has already surpassed the crisis levels of 2020. Could the stock reach an all-time high of 200 USD next year? This […]
The USDCAD rate shows a minor correction, dropping to 1.4164. More details in our analysis for 11 December 2024. USDCAD forecast: key trading points The US dollar strengthens amid strong employment data Canada’s unemployment rate rose to 6.8% in November, exceeding forecasts Canada’s economy grew by 1.0% in Q3 Traders await the Bank of Canada’s […]
The EURUSD rate strengthens, with buyers targeting 1.0605. Discover more in our analysis for 10 December 2024. EURUSD forecast: key trading points The market anticipates a 25-basis-point ECB rate cut Political instability in France and Germany adds to the eurozone’s economic challenges US data shows sustained job growth EURUSD forecast for 10 December 2024: 1.0500 […]
The decrease in Japan’s machine tool orders could drive growth in the USDJPY rate to 152.50. More details in our analysis for 10 December 2024. USDJPY forecast: key trading points Japan’s machine tool orders for November: previously at 9.4%, currently at 3.0% US Q3 nonfarm productivity level: previously at 2.2%, projected at 2.3% US Q3 […]
The USDCHF pair has been under selling pressure for the fifth consecutive trading session as the market assesses the situation regarding US trade duties. Find out more in our analysis for 10 December 2024. USDCHF forecast: key trading points The USDCHF pair continues to decline Investors are monitoring developments concerning US trade duties USDCHF forecast […]