Day: August 26, 2024

Here is a detailed forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 26-30 August 2024 EURUSD forecast The EURUSD pair has reached the growth wave’s local target of 1.1200. The forecast suggests that a consolidation range could form at the current highs. If the price breaks below this range, it could signal […]

Declining euro indicators and improving financial climate in the US may lead to a correction in the EURUSD pair. Find out more in our analysis dated 26 August 2024. EURUSD forecast: key trading points Germany’s business expectations index: previously at 86.9, projected at 86.5 The IFO business climate index for Germany: previously at 87.0, projected […]

The US 500 index is testing the resistance level for the fourth trading session. Find out more in our US 500 forecast for next week. US 500 forecast: key trading points The US 500 index is testing the resistance level for the fourth consecutive trading session, indicating pressure from sellers Jerome Powell emphasised the need […]

The USDJPY pair is declining, pressured by the Federal Reserve’s soft tone. The Fed is expected to ease monetary policy in September. Find out more in our analysis dated 26 August 2024. USDJPY forecast: key trading points The USDJPY pair dipped to a three-week low The Bank of Japan’s tight stance and the Fed’s dovish […]

XAUUSD price closed the previous week above 2,500 USD, exhibiting a steady uptrend driven by fundamental factors. Find out more in our XAUUSD analysis for today, 26 August 2024. XAUUSD forecast: key trading points Market focus: gold reached a new all-time high of 2,532 USD last week Current trend: gold is trading in a strong […]