The AUDUSD pair remains in a downward trend, pausing for corrections. Risk appetite is weak. Discover more in our analysis for 24 October 2024. AUDUSD forecast: key trading points The AUDUSD pair declines The RBA is expected to keep the interest rate unchanged this year AUDUSD forecast for 24 October 2024: 0.6696 Fundamental analysis The […]
The DE 40 stock index has entered a downtrend after reaching a new all-time high. The DE 40 forecast for next week is pessimistic. DE 40 forecast: key trading points Recent data: Germany’s preliminary manufacturing PMI for October was 42.6 points Economic indicators: the manufacturing PMI reflects changes in activity in the German manufacturing sector […]
The US and Japan’s PMI data, supported by US jobless claims, could influence the movements of USDJPY. Find out more in our analysis for 24 October 2024. USDJPY forecast: key trading points Japan’s manufacturing PMI: previously at 49.7, currently at 49.0 Japan’s services PMI: previously at 53.1, currently at 49.3 US initial jobless claims: previously […]
XAGUSD prices are undergoing a downward correction after failing to break above the 35.00 USD level. The trend remains upward, with growth likely to continue. Find out more in our XAGUSD analysis for today, 24 October 2024. XAGUSD forecast: key trading points Silver hit a new annual high of 34.86 USD Current trend: correcting as […]
The EURUSD rate is correcting after falling for three consecutive trading sessions. More details in our analysis for 24 October 2024. EURUSD forecast: key trading points US mortgage applications decreased by 6.7% in the third week of October US existing home sales sank by 1% to 3.84 million EURUSD forecast for 24 October 2024: 1.0815 […]