Day: October 17, 2024
The AUDUSD rate remains above the EMA-200 line, thanks to the stable Australian economy. Discover more in our analysis for 17 October 2024. AUDUSD forecast: key trading points Analysts expect the RBA not to lower interest rates until the first half of next year The Australian economy added 64,100 jobs in September, well above the […]
Following a minor correction, the DE 40 stock index is again attempting to reach a new all-time high and surpass the 19,560.0 resistance level. However, any subsequent decline could be even more substantial. The DE 40 forecast for next week is moderately positive. DE 40 forecast: key trading points Recent data: Germany’s Consumer Price Index […]
The USDJPY rate gradually strengthened on Thursday, approaching the psychologically important resistance level of 150.00. More details in our analysis for 17 October 2024. USDJPY forecast: key trading points Japan’s trade balance decreased by 293.3 billion yen in September Japan will release inflation data on Friday, notably the National Consumer Price Index (CPI) USDJPY forecast […]
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The EURUSD rate has been declining for the fourth consecutive trading session. Find out more in our analysis for 17 October 2024. EURUSD forecast: key trading points Traders expect dovish comments from the ECB, which may increase pressure on the euro The average 30-year mortgage rate in the US rose to 6.52% Mortgage applications in […]
The XAGUSD price steadily rose after reversing from the support level near 30.00 USD. The trend is upward, and it is likely to continue. Our XAGUSD analysis for today, 17 October 2024, provides more details and insights. XAGUSD forecast: key trading points Current trend: an uptrend is underway The market will focus on US retail […]
