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Day: November 13, 2024

Nov 13
Gold (XAUUSD) drops to the 2,600 USD support level

XAUUSD prices continue trading within a corrective trend following Trump’s victory in the US election. The asset has found temporary support at the 2,600 USD level. More details in our XAUUSD analysis for today, 13 November 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting US inflation data today, with the Consumer […]

Nov 13
EURUSD hits a new six-month low: all sympathies are with the US dollar

The EURUSD pair continues its decline, with the market positive about Trump. Find out more in our analysis for 13 November 2024. EURUSD forecast: key trading points The EURUSD pair continues to fall The market favours the US dollar and sympathises with President-elect Trump EURUSD forecast for 13 November 2024: 1.0540 Fundamental analysis The EURUSD […]

Nov 13
US Tech analysis: investors pause ahead of inflation data

The US Tech stock index is in a strong uptrend and is poised for a new all-time high. More details in our US Tech price forecast and analysis for next week, 18-22 November 2024. US Tech forecast: key trading points Recent data: initial jobless claims totalled 221,000 over the reporting week Economic indicators: the indicator […]

Nov 13
USDCAD: the pair continues to reach new highs

The latest data from the US indices suggest that the US dollar is likely to strengthen further. Discover more in our analysis for 13 November 2024. USDCAD forecast: key trading points The Thomson Reuters/Ipsos Primary Consumer Sentiment Index: previously at 48.41 US core Consumer Price Index (CPI) (m/m) in October: previously at 0.3%, projected at […]

Nov 13
What to expect from AMD stock in 2025 and potential development scenarios

On 29 October, Advanced Micro Devices, Inc. (NASDAQ: AMD) released its Q3 2024 report, posting higher-than-forecast revenue and income. However, following the announcement of the results, the company’s share price declined as investors grew concerned about the Q4 forecast, which suggested revenue growth may slow more than expected. This could signal a deceleration in the […]

Nov 13
USDJPY: the pair continues its ascent, reaching daily highs

The USDJPY rate is rising, surpassing a local high of 154.70. Find out more in our analysis for 13 November 2024. USDJPY forecast: key trading points The USDJPY pair is trading in an uptrend The Bank of Japan is in no rush to raise rates Inflation in the country is rising moderately USDJPY forecast for […]

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