RBFX Support Posted November 26 Author Report Share Posted November 26 (edited) USDJPY: the yen continues its attempts to strengthen against the US dollar The decrease in Japan’s core CPI had a mixed effect on the USDJPY rate, with the pair continuing its correction. More details in our analysis for 26 November 2024. USDJPY technical analysis The USDJPY H4 chart indicates that the market has formed a narrow consolidation range above the 153.80 level. The price is expected to break below the range today, 26 November 2024, and extend the downward wave towards 152.88. The projected decline in new home sales offsets the potential increase in the CB US Consumer Confidence Index. Read more - USDJPY Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Edited November 26 by RBFX Support Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted November 27 Author Report Share Posted November 27 Gold (XAUUSD) has reversed upwards from 2,600 USD XAUUSD prices continue a moderate correction following last week’s surge. The quotes are now attempting to reverse upwards and continue their ascent. More details in our XAUUSD analysis for today, 27 November 2024. XAUUSD technical analysis On the H4 chart, the XAUUSD pair has corrected downwards from the 2,700-2,720 USD resistance area following last week’s steady upward movement. Yesterday, the quotes approached a strong support near the 2,600 USD level and rebounded upwards. XAUUSD quotes completed a downward correction and reversed upwards from 2,600 USD. Read more - Gold Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Thursday at 11:47 AM Author Report Share Posted Thursday at 11:47 AM The euro is in positive territory while the US dollar rests: US sentiment shifts before the long weekend The EURUSD pair is on the rise. Investors are evaluating the US GDP and core PCE data. Find out more in our analysis for 28 November 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market has completed a growth wave towards 1.0587, the first target. The structure is expected to shift downward today, 28 November 2024, targeting 1.0460 and marking the boundaries of a consolidation range. The EURUSD pair has recovered from a local low, but heightened volatility is expected due to the US Thanksgiving long weekend. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Friday at 10:32 AM Author Report Share Posted Friday at 10:32 AM NZDUSD closes the week with gains as risk appetite emerges The NZDUSD pair rose to 0.5913 on Friday, signalling a recovery following market sell-offs. Find out more in our analysis for 29 November 2024. NZDUSD technical analysis The NZDUSD H4 chart shows that the market is progressing towards 0.5920, the local estimated target. This level could be reached today, 29 November 2024, before a potential decline to 0.5868 (testing from above). Subsequently, a new growth wave might start, aiming for 0.5939 as the first target. The NZDUSD pair ends the final week of November with notable gains. Read more - NZDUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted Monday at 11:31 AM Author Report Share Posted Monday at 11:31 AM EURUSD: Trump’s statement supports US dollar gains The EURUSD rate is poised to test a key support level at 1.0495. Discover more in our analysis for 2 December 2024. EURUSD technical analysis The EURUSD H4 chart shows that the market has completed a growth wave, reaching 1.0596. A downward structure towards 1.0490 could develop today, 2 December 2024. Subsequently, the price might rise to 1.0530 before declining further to 1.0430. The EURUSD rate remains under pressure following Donald Trump’s statements on safeguarding the US dollar. Read more - EURUSD Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
RBFX Support Posted 22 hours ago Author Report Share Posted 22 hours ago USDCHF strengthens amid a decline in Switzerland’s PMI The USDCHF rate is advancing towards the 0.8905 resistance level. Discover more in our analysis for 3 December 2024. USDCHF technical analysis The USDCHF H4 chart shows that the market has completed a growth wave, reaching 0.8855. A consolidation range is forming around this level today, 3 December 2024. With an upward breakout, the growth wave could extend towards 0.8910, potentially continuing towards 0.8989. The USDCHF rate continues to strengthen amid expectations of robust US economic statistics and geopolitical risks stemming from Trump’s statements. Read more - USDCHF Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.