Day: September 17, 2024

Sep 17
USDCHF declines: the US dollar is in a disadvantageous position

The USDCHF pair continues to fall, with the Swiss franc benefiting from the weakness of the US dollar. Find out more in our analysis for 17 September 2024. USDCHF forecast: key trading points The USDCHF pair is still going down The US dollar falls amid concerns about the Federal Reserve’s decision USDCHF forecast for 17 […]

Sep 17
JP 225 analysis: the index is trading within a sideways range between the current support and resistance levels

The JP 225 stock index remains in the sideways range without a clear trend, unable to fully recover from the decline in early August this year. The JP 225 forecast for next week is negative. JP 225 forecast: key trading points Recent data: 53% of potential investors expect an interest rate hike in 2024, according […]

Sep 17
Brent continues its upward correction, rising above 72.00 USD

Brent price fell impressively within the downtrend last week. The price has now gone into an upward correction, but once it is complete, the decline could continue. Find out more in our Brent analysis for today, 17 September 2024. Brent forecast: key trading points US data: the market is awaiting the API oil stock statistics […]

Sep 17
USDJPY: the yen has the potential to strengthen after a correction

Japan’s PMI improved significantly, while US retail sales may decline. Find out more in our analysis for 17 September 2024. USDJPY forecast: key trading points Japan’s services PMI (m/m): previously at -1.2%, currently at 1.4% US core retail sales index (m/m): previously at 0.4%, projected at 0.2% US retail sales (m/m): previously at 1.0%, projected […]

Sep 17
EURUSD forecast: expectations for a 50-basis-point Fed interest rate cut are growing

The EURUSD rate is correcting after declining for three consecutive sessions, with losses exceeding 1.19%. Discover more in our analysis for 17 September 2024. EURUSD forecast: key trading points The likelihood of a 50-basis-point Federal Reserve interest rate cut is 69%, while the odds of a 25-basis-point rate reduction is 31% Investors are awaiting data […]