The EURUSD pair is stable around the 1.0502 level. The market is conserving strength ahead of US statistics. More details in our analysis for 4 December 2024. EURUSD forecast: key trading points The EURUSD pair remains in a consolidation phase Market participants are awaiting November US employment reports EURUSD forecast for 4 December 2024: 1.0628 […]
XAUUSD prices are consolidating within a narrow range, close to 2,650 USD, as market participants await today’s ADP US employment statistics. Find out more in our XAUUSD analysis for today, 4 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting today’s ADP US labour market data Current trend: consolidating within the […]
The US Tech index has surpassed the 21,300.0 level within the current uptrend. More details in our US Tech price forecast and analysis for next week, 9-13 December 2024. US Tech forecast: key trading points Recent data: JOLTS job openings totalled 7.74 million in October Economic indicators: this figure shows labour demand in the economy […]
The USDJPY rate is correcting, with buyers preparing to test the 150.25 resistance level. Discover more in our analysis for 4 December 2024. USDJPY forecast: key trading points The Bank of Japan has yet to decide on the timing of monetary policy tightening The markets estimate the likelihood of a 25-basis-point BoJ interest rate hike […]
Amazon.com, Inc. (NASDAQ: AMZN) continues to increase its revenue and strengthen its market position. The share price reflects this trend, reaching another historical maximum in November. According to the company’s forecasts, the holiday season will deliver record revenue. Will its share price achieve a new historical maximum in December and continue to grow in 2025? […]
The latest US and Canadian data may strengthen the US dollar, pushing the USDCAD pair towards the 1.4096 level. Find out more in our analysis for 4 December 2024. USDCAD forecast: key trading points US ADP nonfarm employment change: previously at 233,000, projected at 166,000 Canada’s Q3 labour productivity: previously at -0.2%, projected at 0.2% […]