The XAUUSD price reached another all-time high at 2,630 USD at the beginning of the week. The gold trend is upward, but a downward correction is possible – read about it in our XAUUSD analysis for today, 23 September 2024. XAUUSD forecast: key trading points Market focus: Gold is growing steadily on the back of […]
The USDJPY pair is continuing to rise. The yen lost more than 2% last week. Read more in our analysis for 23 September 2024. USDJPY forecast: key trading points USDJPY is steadily rising The yen is under pressure from the Bank of Japan’s indecision USDJPY forecast for 23 September 2024: 145.55 and 146.76 Fundamental analysis […]
The US 500 index is in an uptrend following the US Fed’s decision to cut the key rate. The US 500 forecast for next week is cautiously optimistic. US 500 forecast: key trading points Recent data: Initial Jobless Claims decreased by 12k to 219k in the previous week Economic indicators: the labour market is one […]
The GBPUSD rate has risen for the fourth consecutive trading session, remaining below the resistance level at 1.3340. Read more in our analysis for today – 23 September 2024. GBPUSD forecast: key trading points UK Retail Sales rose by 1% in August 2024, beating economists’ forecasts GfK’s UK Consumer Confidence Index fell sharply to -20, […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 23-27 September 2024. EURUSD forecast The EURUSD pair has performed a growth impulse to 1.1188 and a correction to 1.1068. The market has executed a growth wave to the 1.1144 level and is forming a consolidation […]
A large data package on Eurozone and US indices may significantly impact EURUSD – read more in our analysis for 23 September 2024. EURUSD forecast: key trading points French Manufacturing PMI: previous value – 43.9, forecasted – 44.3 German Manufacturing PMI: previous value – 42.4, forecasted – 42.4. Eurozone Manufacturing PMI: previous reading 45.8, forecast […]