Day: December 5, 2024

Dec 05
AUDUSD halted its decline: even sellers take a break

The AUDUSD pair has paused around 0.6434. The Australian dollar could tumble at any moment. Find out more in our analysis for 5 December 2024. AUDUSD forecast: key trading points The AUDUSD pair halted its decline The market capitalised on trade surplus statistics to pause AUD sales AUDUSD forecast for 5 December 2024: 0.6480 Fundamental […]

Dec 05
DE 40 analysis: the index rises steadily, securing above 20,000.0

The DE 40 stock index is rapidly strengthening this week and has firmly established itself above the psychologically important 20,000.0 level. The DE 40 forecast for next week remains positive. DE 40 forecast: key trading points Recent data: Germany’s factory orders decreased by 1.5% in October, outperforming projections of a 2.0% decline Economic indicators: factory […]

Dec 05
Silver (XAGUSD) prices secured above 31.00 USD

The XAGUSD pair is still trading within a downward correction. However, there are preconditions for its completion and an upward reversal. More details in our Silver price analysis for today, 5 December 2024. XAGUSD forecast: key trading points Market focus: market participants will receive US labour market statistics tomorrow, with reports on nonfarm payrolls and […]

Dec 05
USDJPY: the rate may continue its upward momentum after a correction

If US unemployment figures improve, the US dollar will strengthen its position, and the USDJPY rate could move towards the 152.50 level. Discover more in our analysis for 5 December 2024. USDJPY forecast: key trading points A speech by Bank of Japan Policy Board member Toyoaki Nakamura Continuing US jobless claims: previously at 1,907k, projected […]

Dec 05
A slowdown in the US services sector supports EURUSD growth

The EURUSD rate is approaching the crucial 1.0535 resistance level and poised to breach it. More details in our analysis for 5 December 2024. EURUSD forecast: key trading points The US services PMI fell to 52.1 points in November, reaching its lowest level in three months The likelihood of a 25-basis-point Federal Reserve interest rate […]