Day: September 12, 2024

Sep 12
Johnson & Johnson stock is approaching its all-time high again. Should a breakout be expected?

Unlike other pharmaceutical companies, Johnson & Johnson (NYSE: JNJ) did not benefit significantly from its vaccine during the coronavirus pandemic. As a result, its shares have been trading between 140 and 170 USD per share since January 2021. The company’s shareholders can only earn on dividends or speculate on shares within this range. The release […]

Sep 12
AUDUSD is poised for growth, supported by global positive sentiment

AUDUSD is strengthening for the second consecutive day, with the market favouring risk. Find out more in our analysis for 12 September 2024. AUDUSD forecast: key trading points The AUDUSD pair resumed growth The market no longer expects an RBA interest rate cut in November AUDUSD forecast for 12 September 2024: 0.6650 and 0.6580 Fundamental […]

Sep 12
DE 40 analysis: a correction in the downtrend is underway

The DE 40 index is in a downtrend after reaching an all-time high amid the crisis in the German automotive industry. The DE 40 forecast for next week is negative. DE 40 forecast: key trading points Recent data: consumer inflation in Germany is 1.9% Economic indicators: inflation in the leading EU economy directly affects the […]

Sep 12
EURUSD: rising US core inflation has almost ruled out a 50-basis-point Fed interest rate cut

The EURUSD rate is slightly correcting following a decline caused by a rise in US inflation. Discover more in our analysis for 12 September 2024. EURUSD forecast: key trading points US core inflation unexpectedly rose by 0.3% in August from July, marking the highest reading in four months The likelihood of a 50-basis-point Federal Reserve […]

Sep 12
Brent corrects following a decline, rising above 71.00 USD

Brent’s price fell as part of the downtrend, completing a target movement in line with the triangle pattern. The quotes are now undergoing an upward correction. However, once it is complete, the decline may continue. Find out more in our Brent analysis for today, 12 September 2024. Brent forecast: key trading points US data: the […]

Sep 12
USDJPY: the pair is correcting before falling

A rise in Japan’s business survey index of large manufacturing firms above zero and a hawkish speech by the BoJ Policy Board member may cause the USD to lose ground against the JPY. Find out more in our analysis for 12 September 2024. USDJPY forecast: key trading points Japan’s business survey index of large manufacturing […]