Day: September 10, 2024

Sep 10
USDJPY remains flat: the market is awaiting signals

The USDJPY pair has halted its rise and is consolidating. Investors have a busy week ahead. Find out more in our analysis for 10 September 2024. USDJPY forecast: key trading points The USDJPY halted its ascent The market is still betting on a decisive monetary policy tightening by the Bank of Japan USDJPY forecast for […]

Sep 10
JP 225 analysis: the price may remain in the channel for a long time

After recovering by 28.78%, the JP 225 stock index failed to break above the 39,290.0 resistance level. The JP 225 forecast is negative. JP 225 forecast: key trading points Recent data: Japan’s GDP grew by 2.9% year-over-year in Q2 2024 Economic indicators: GDP growth rates reflect the overall state of the Japanese economy Market impact: […]

Sep 10
Brent prices continue to fall, dropping below 72.00 USD

Brent’s price continues to decline within the downtrend, forming a triangle pattern on the chart. The market will focus on the US API crude oil stock change data today. Find out more in our Brent analysis for today, 10 September 2024. Brent forecast: key trading points US data: the market is awaiting the API oil […]

Sep 10
EURUSD: the euro continues to correct but is poised for further growth

Economic forecasts for the European Union could support the euro, with the speech by FOMC member Michelle Bowman likely to shed light on the Federal Reserve interest rates. Find out more in our analysis for 10 September 2024. EURUSD forecast: key trading points Germany’s consumer price index (CPI) (m/m): previously at 0.3%, projected at -0.1%, […]

Sep 10
USDCHF under pressure ahead of US inflation data

The USDCHF rate is slightly correcting but remains within a descending channel. Discover more in our analysis for 10 September 2024. USDCHF forecast: key trading points Traders’ focus remains on crucial US inflation data due on Wednesday and Thursday A potential interest rate cut at the upcoming Federal Reserve meeting will depend on incoming economic […]