Tag: Roboforex

Feb 07
AUDUSD: the pair rises moderately ahead of Nonfarm Payrolls data

The AUDUSD rate is gradually strengthening this week, rising to the price area around 0.6300. The market will focus on the US employment statistics today. Discover more in our analysis for 7 February 2025. AUDUSD forecast: key trading points Market focus: market participants are awaiting the US labour market data, with the Nonfarm Payrolls and […]

Feb 07
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 7 February 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 7 February 2025. EURUSD forecast On the H4 chart, EURUSD completed a downward impulse to 1.0352, followed by a correction to 1.0395, forming a consolidation range. Today, 7 February 2025, if the price breaks upwards, another […]

Feb 07
Gold (XAUUSD) underwent a downward correction after ADP data

XAUUSD prices are moderately declining from a new all-time high of 2,882 USD amid stronger-than-expected US ADP employment statistics. Find out more in our XAUUSD analysis for today, 6 February 2025. XAUUSD forecast: key trading points Gold quotes set a new all-time high of 2,882 USD The number of new jobs in the US increased […]

Feb 06
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 6 February 2025

Global indices continue to correct except for Japan’s JP 225. Find out more in our analysis and forecast for global indices for 6 February 2025. US indices forecast: US 30, US 500, US Tech Recent data: the US S&P composite PMI came in at 52.7 in January Market impact: the decrease in the composite PMI […]

Feb 06
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 6 February 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 6 February 2025. EURUSD forecast On the H4 chart, EURUSD completed a growth wave to 1.0441 and formed a downward impulse to 1.0390. Today, 6 February 2025, a correction towards 1.0410 is expected. A consolidation range […]

Feb 06
Brent makes another attempt to regain ground against the USD

Brent prices are trying to form a correction after the decline, with the target at the 76.00 resistance level. Find out more in our analysis for 6 February 2025. Brent forecast: key trading points US initial jobless claims: previously at 207 thousand, projected at 214 thousand Brent forecast for 6 February 2025: 74.00 and 76.00 […]

Feb 06
Meta Platforms, Inc.’s stock forecast: financial performance supports further price gains

Meta Platforms delivered strong financial results in Q4 2024, with revenue and profit exceeding analysts’ expectations. While this pushed the company’s stock price higher, growth remained moderate due to concerns about substantial investments in AI-based products and sluggish user growth. Investors are increasingly questioning whether such high AI-related spending will yield returns in the future. […]

Feb 06
USDJPY is under pressure amid expectations of a BoJ rate hike

The USDJPY rate is declining for the fourth consecutive trading session, with the price currently at 152.44. Discover more in our analysis for 6 February 2025. USDJPY forecast: key trading points Expectations of another Bank of Japan interest rate hike are rising Data showed Tokyo wages rose by 0.6% in December Japan’s nominal wages reached […]

Feb 06
EURUSD halted growth: it can only be a pause

The EURUSD pair is consolidating around 1.0390. Investors need strength ahead of new US labour sector releases. Find more details in our analysis for 6 February 2025. EURUSD forecast: key trading points The EURUSD pair suspended growth The market collects data and awaits fresh statistics on the US labour sector on Friday EURUSD forecast for […]

Feb 05
USDJPY: the pair declines ahead of the US ADP employment data

The USDJPY rate fell below 154.00 on Wednesday amid rising wages in Japan. Today, the market will focus on the US ADP employment statistics. Find out more in our analysis for 5 February 2025. USDJPY forecast: key trading points Japan’s services Purchasing Managers’ Index for January was revised upwards to 53.0 points Japan’s labour cash […]