Day: October 1, 2024

USDJPY remains on the upside. Powell and Ishiba supported the USD. Read more in our USDJPY analysis for 1 October 2024. USDJPY forecast: key trading points The USDJPY pair has been ‘in the plus’ for the second consecutive day Powell’s comments have reinforced support for the US dollar USDJPY forecast for 1 October 2024: 144.47 […]

After trading in a sideways channel, the JP 225 stock index broke through its upper boundary and then changed the trend back to a downtrend. The forecast for the JP 225 index for the next week is negative. JP 225 forecast: key trading points Recent data: Manufacturing PMI was 49.7 in September Economic indicators: Manufacturing […]

Brent price failed to overcome the resistance level at 75.00 USD last week and turned downwards. The daily trend is downward, and the decline may continue – read about it in our Brent analysis for today, October 1, 2024. Brent forecast: key trading points US data: today, the market is waiting for the API oil […]

Falling Eurozone indices become a trigger for the euro weakening – read more in our analysis for 1 October 2024. EURUSD forecast: key trading points Eurozone Consumer Price Index (y/y) for September: previous value – 2.2%, forecasted – 1.8% ISM US Manufacturing PMI: previous value – 47.9, forecasted – 47.0 US Job Openings in the […]

The USDCHF exchange rate is strengthening and preparing to test the resistance level at 0.8525. Read more in our USDCHF analysis and forecast for October 1, 2024. USDCHF forecast: key trading points Fed chairman Jerome Powell’s statements about less drastic rate cuts support USDCHF The probability of a 50 basis points rate cut in November […]