Tag: Roboforex
XAUUSD quotes are undergoing a local downward correction, falling below 2,900 USD. Market participants are awaiting tomorrow’s release of the Federal Reserve minutes. Find more details in our XAUUSD analysis for today, 18 February 2025. XAUUSD forecast: key trading points Market focus: the US Fed’s January meeting minutes will be released tomorrow Current trend: there is […]
The Brent forecast for 18 February 2025 appears rather optimistic, with prices likely to continue their ascent towards 76.50 USD. Discover more in our analysis for 18 February 2025. Brent forecast: key trading points Brent prices continue to correct after a decline A speech by Federal Reserve Board Vice Chair for Supervision Michael S. Barr […]
EURUSD forecast On the H4 chart, EURUSD is forming a downward wave towards 1.0460. Today, 18 February 2025, after reaching this level, a corrective growth wave towards 1.0486 is expected. A consolidation range may develop at the peak of the growth wave. If the price breaks downward, the decline may continue to 1.0420. Later, a […]
The USDJPY rate fell below 152.00 after the release of Japan’s stronger-than-expected Q4 2024 GDP statistics. Find out more in our analysis for 17 February 2025. USDJPY forecast: key trading points Market focus: Japan’s GDP grew by 0.7% quarter-on-quarter and 2.8% year-on-year in Q4 2024 Current trend: the downtrend USDJPY forecast for 17 February 2025: […]
Gold continues to rally towards 2,950 ahead of FOMC members’ speeches. Discover more in our XAUUSD analysis for today, 17 February 2025. XAUUSD forecast: key trading points A speech by FOMC representative Patrick T. Harker A speech by FOMC representative Michelle Bowman Current trend: moving upwards XAUUSD forecast for 17 February 2025: 2,877 and 2,950 […]
EURUSD forecast On the H4 chart, EURUSD completed a growth wave to 1.0510. Currently, a consolidation range is forming below this level. Today, 17 February 2025, a downward breakout is expected, leading to an initial decline towards 1.0417. Later, a new growth wave towards 1.0465 is possible. After reaching this level, a further decline towards […]
The EURUSD rate is approaching the key resistance level at 1.0525. Discover more in our analysis for 17 February 2025. EURUSD forecast: key trading points US retail sales fell by 0.9% in January Weak statistics fuelled speculation about a possible Federal Reserve interest rate cut EURUSD forecast for 17 February 2025: 1.0525 and 1.0600 Fundamental […]
The USDCAD pair is hovering around 1.4169 on Monday. Investors have increasingly less faith in Trump’s threats. Find more details in our analysis for 17 February 2025. USDCAD forecast: key trading points The USDCAD pair is falling, hitting lows seen on 12 December 2024 The Canadian dollar is supported by the lack of real actions […]
The EURUSD rate rose to the price area near 1.0500, driven by the beginning of negotiations to end the conflict in Ukraine. Find out more in our analysis for 14 February 2025. EURUSD forecast: key trading points Market focus: the market is awaiting the eurozone’s GDP data for Q4 2024 today Current trend: upward momentum […]
EURUSD forecast On the H4 chart, EURUSD completed a growth wave to 1.0444, followed by a correction to 1.0372. After finding support at this level, the market formed a growth wave towards 1.0466, reaching the target level. Currently, a consolidation range is forming below 1.0466. A downward breakout may initiate a decline towards 1.0372. Later, […]