USDCAD finds equilibrium, but the Canadian dollar remains strong Investors in the USDCAD pair are assessing the latest statistics and forecasts. The Bank of Canada’s actions will determine further movements. USDCAD trading key points The market is ...

Market Fundamental Analysis by RoboForex

EURUSD remains elevated but is not too high The EURUSD pair continues its ascent. However, the euro faces risks due to the French political situation. The EURUSD pair appears relatively expensive, hovering at 1.0828 on Monday. Although US nonfarm ...

Market Technical Analysis by RoboForex

Wage growth in Japan accelerates The USDJPY rate is correcting on Monday amid the highest US employment rate since November 2021. The pair could not drop below the 160.20 support level. USDJPY trading key points Earnings in Japan reached their ...

Market Fundamental Analysis by RoboForex

NZD has reached new weekly highs, driven by the weak US dollar The NZDUSD pair has risen for the fourth consecutive day, driven by the US dollar's weakness. The NZDUSD pair rises for the fourth consecutive day, reaching 0.6116. The New Zealand ...

Market Technical Analysis by RoboForex

Gold (XAUUSD) is strengthening ahead of the nonfarm payrolls release Gold price is steadily rising, with market participants focusing on today's US employment market data – nonfarm payrolls and the unemployment rate. XAUUSD trading key points ...

Market Fundamental Analysis by RoboForex

EURUSD has risen significantly, and statistics have nothing to do with it Risk appetite is pushing up the EURUSD pair. US statistics came out mixed, providing no clear signals. The EURUSD pair has risen markedly over the last two sessions and ...

Market Technical Analysis by RoboForex

JPY is gaining momentum, with the US economy slowing The USDJPY rate is declining ahead of Friday’s US nonfarm payrolls report. EURUSD trading key points The Federal Reserve’s June meeting minutes confirm US economic slowdown The likelihood of a ...

Market Fundamental Analysis by RoboForex

EURUSD continues to strengthen in anticipation of speeches by the ECB and FOMC officials The EURUSD pair is rising ahead of upcoming ECB and FOMC data. After the release of the FOMC minutes, another corrective wave may follow. EURUSD trading key ...

Market Fundamental Analysis by RoboForex

The yen is deteriorating: JPY continues to depreciate The USDJPY pair is hitting 37-year highs, with the Bank of Japan’s inaction working against the yen. The Japanese yen is suffering considerably from this depreciation. Following financial ...

Market Technical Analysis by RoboForex

AUDUSD is falling: the market does not believe in interest rate hikes The Australian dollar is declining for the second consecutive day. The AUDUSD pair is returning to fluctuations within the traded range. The AUDUSD pair declines to 0.6638 on ...

Market Technical Analysis by RoboForex

USDJPY analysis: the yen continues to lose ground The USDJPY pair continues its ascent, with no significant correction expected in the near term. USDJPY trading key points 10-year Japanese government bond (JGB) auction – 1.091% Japan’s monetary base ...

Market Fundamental Analysis by RoboForex

GBP continues to strengthen following a decline The GBPUSD pair is strengthening its position following the release of the house price indices. It is likely to undergo a correction ahead of a further decline. GBPUSD trading key points The UK’s ...

Market Fundamental Analysis by RoboForex

EUR has risen: all eyes on French policy The EURUSD pair partially recovered its previous decline on Monday. The far-right party was not strong enough in the first round of the French election, which was positive for the market. EURUSD starts the ...

Market Technical Analysis by RoboForex

RoboForex: upcoming changes to the trading schedule (the Independence Day in the US) image Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Independence Day in the US Dates: 03/07/2024 - ...

RoboForex - company news and official support for customers

NZDUSD declines again: the primary reason is the strong US dollar The NZDUSD pair is falling, facing strong pressure from the US dollar and reaching mid-May lows. The New Zealand dollar-to-US dollar rate continues to decline with regular intervals ...

Market Technical Analysis by RoboForex

JPY falling due to fundamental discrepancies in Fed and BoJ policies The USDJPY rate declined on Thursday, 27 June 2024, unable to hold at the 38-year high of 160.85 reached on Wednesday. The Japanese authorities expressed concerns about the sharp ...

Market Technical Analysis by RoboForex

EUR is declining ahead of the Eurogroup meeting Today’s EURUSD forecast appears pessimistic as the news landscape may confirm the technical analysis conclusion about the pair’s decline. The Eurogroup meeting and a speech by ECB representative Philip ...

Market Technical Analysis by RoboForex

AUD rises to a two-week peak, supported by several factors The AUDUSD pair benefits from the RBA’s tough stance, the US dollar’s weakness, and attacks on the yen. The Australian dollar has reached a two-week high against the US dollar and is ...

Market Technical Analysis by RoboForex

The fall of the pound continues for the second week On Monday, the pound keeps losing ground against the US dollar, continuing its decline since 12 June 2024. British industrialists expect a slight improvement in the UK Industrial Orders Index ...

Market Technical Analysis by RoboForex

JPY struggles amid widespread decline The Japanese yen is undergoing a correction after the release of the May core consumer price index. The likelihood of continued weakening remains high. Japan released the nationwide core consumer price index for ...

Market Technical Analysis by RoboForex