EURUSD has stopped its downward momentum and appears to have found stability. Investors expect a period of consolidation. More insights can be found in our EURUSD analysis and forecast for 24 September 2024. EURUSD forecast: key trading points EURUSD stopped falling The euro faced pressure due to weaker-than-expected economic statistics, but the US dollar is […]
With no demand from non-residents, the JP 225 index is trading in a sideways channel without a pronounced trend. As foreign investors reduce their positions, the outlook for the JP 225 appears to be negative. JP 225 forecast: key trading points Recent data: non-residents sold 10.5bn USD worth of Japanese shares Economic indicators: demand for […]
The Brent price is experiencing an upward correction, bolstered by investor optimism following the recent Fed rate cut. However, despite the current correction, the overall trend remains downward, and further declines are possible. For more detailed insights, read our Brent analysis and market outlook for today, 24 September 2024. Brent forecast: key trading points US […]
In today’s USDCHF analysis for 24 September 2024, the pair exhibits potential for a correction. With critical economic events, such as the upcoming speech by a Federal Open Market Committee (FOMC) member and the anticipated increase in the US Consumer Confidence Index, traders should remain vigilant. These factors could significantly influence the USDCHF forecast and […]
The USDJPY currency pair has risen steadily after breaking out of a descending channel, signalling the potential for continued upward momentum. In this analysis for 24 September 2024, we delve into the key market drivers, technical outlook, and signals influencing USDJPY forecasts for traders. USDJPY forecast: key trading points Traders focus on the upcoming PCE […]