Tag: Roboforex
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 […]
The JP 225 stock index shows upward momentum on the chart, securing above 39,000.0. The JP 225 forecast for next week is positive. JP 225 forecast: key trading points Recent data: Japan’s GDP rose by 1.2% year-on-year in Q3 2024 Economic indicators: GDP is the key measure of the country’s economic growth Market impact: an […]
Brent is trading within a broad sideways range, with prices currently hovering around 72.00 USD. Market participants did not receive significant signals from the OPEC+ meeting. Find out more in our Brent analysis for today, 10 December 2024. Brent forecast: key trading points Current trend: trading within a broad consolidation range Market focus: the OPEC+ […]
XAUUSD prices continue to consolidate within a limited range near the 2,650 USD level following Friday’s release of robust US employment statistics. Discover more in our XAUUSD analysis for today, 9 December 2024. XAUUSD forecast: key trading points Market focus: nonfarm payrolls data exceeded forecasts, showing an increase of 227 thousand jobs Current trend: consolidating […]
The EURUSD pair is under selling pressure, with the market favouring the US dollar again. Find out more in our analysis for 9 December 2024. EURUSD forecast: key trading points The EURUSD pair has been declining for the second consecutive trading session This week’s US inflation report will be the last statistics to be released […]
The US 500 stock index will likely attempt to reach a new all-time high before a correction. Find out more in our US 500 price forecast and analysis for next week, 16-20 December 2024. US 500 forecast: key trading points Recent data: US nonfarm payrolls (NFP) reached 227 thousand in November Economic indicators: the NFP […]
David Ramsden’s speech may trigger a further decline in the GBPUSD rate to 1.2700. Find more details in our analysis for 9 December 2024. GBPUSD forecast: key trading points A speech by a member of the Bank of England’s Monetary Policy Committee David Ramsden US wholesale inventories (m/m): previously at 0.2%, projected at 0.2% US […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 9-13 December 2024. EURUSD forecast The EURUSD pair has completed a growth wave, reaching 1.0629. This growth structure is considered a correction of the previous downward wave, with a new descending wave expected to start, aiming […]
The USDJPY rate is testing the 150.15 resistance level, with pressure from buyers persisting. Discover more in our analysis for 9 December 2024. USDJPY forecast: key trading points Japan’s economy grew by 0.3% in Q3, above preliminary estimates and market expectations Toyoaki Nakamura expressed concern about the insufficient sustainability of wage growth Japan’s services PMI […]
