Day: July 30, 2024

Jul 30
Gold (XAUUSD) attempts to rise; the market awaits US data

The XAUUSD price is attempting to break out of a descending price channel as market participants await the Federal Reserve’s decision and US employment market statistics this week. Find out more in our XAUUSD analysis for today, 30 July 2024. XAUUSD trading key points Market focus: market participants await the Federal Reserve’s decision and US […]

Jul 30
EURUSD may decline further

The EURUSD rate corrected on Tuesday following an aggressive decline a day earlier. Why does the market remain cautious? Find out more in the analysis dated 30 July 2024. EURUSD trading key points The market awaits the Federal Reserve meeting on Wednesday for potential interest rate cut signals Today, traders will focus on the June […]

Jul 30
JP 225 analysis: the uptrend’s support line is breached; the index is likely to decline further

The JP 225 stock index has fallen by over 12% from its all-time high. The JP 225 index forecast suggests a further decline in line with the downtrend. JP 225 trading key points Recent data: Japan’s inflation (excluding food and energy prices) fell to 1.5% in July Economic indicators: this is significantly below the Bank […]

Jul 30
USDJPY continues to rise; the yen is on the verge of an interest rate decision

Moderately positive unemployment news does not prevent the yen from losing ground against the US dollar. Analysis for 30 July 2024 shows that expectations of a decision to change interest rates in Japan are driving up the USDJPY rate. Find out more in our analysis dated 30 July 2024. USDJPY trading key points The job […]

Jul 30
EURUSD continues to rise: risk appetite supports buyers

The EURUSD pair is rising. The week begins quietly, with the US Federal Reserve meeting lying ahead. Find out more in our forecast dated 29 July 2024. EURUSD trading key points The EURUSD pair maintains its upward trajectory The market expects a Federal Reserve interest rate cut in September EURUSD forecast for 29 July 2024: […]