Day: October 14, 2024

The USDJPY pair is approaching the upper boundary of a consolidation range. Today is a public holiday in Japan, and trading volumes are lower than usual. More details and insights are available in our analysis for 14 October 2024. USDJPY forecast: key trading points Japan’s Producer Price Index reached 2.8% year-on-year This indicates that year-on-year […]

The GBPUSD rate is attempting to rise for the second consecutive session. Find out more in our analysis for 14 October 2024. GBPUSD forecast: key trading points The UK’s trade deficit reduced to 0.96 billion GBP in August 2024, the lowest level since February Although the UK economy shows growth in Q3, the pace has […]

Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 14 – 18 October 2024. EURUSD forecast The EURUSD pair has broken below the lower boundary of the consolidation range at 1.0994. A breakout of this level may signal a continuation of the downtrend towards 1.0777, […]

The US 500 stock index is in an uptrend and continues to hit new all-time highs. The US 500 forecast for next week is moderately optimistic. US 500 forecast: key trading points Recent data: the US CPI rose by 2.4% over the past 12 months Economic indicators: after labour market data, inflation is one of […]

The EURUSD rate is poised for another test of the EMA-200. Find out more in our analysis for 14 October 2024. EURUSD forecast: key trading points In August 2024, Germany recorded its lowest current account surplus of 14.4 billion EUR since May 2023 The US Consumer Sentiment Index fell to 68.9 points in October, according […]