Day: December 11, 2024

Dec 11
Gold (XAUUSD) strengthens, with prices rising to 2,700 USD

XAUUSD prices are rising, surpassing the 2,650 USD resistance level and reaching the next resistance at 2,700 USD. The market awaits US inflation data today. Find out more in our XAUUSD analysis for today, 11 December 2024. XAUUSD forecast: key trading points Market focus: US consumer inflation data – the Consumer Price Index (CPI) will […]

Dec 11
USDJPY halted its rise, pausing ahead of a new wave of growth

The USDJPY pair is consolidating around 151.60. The prerequisites for further growth remain in place. Discover more in our analysis for 11 December 2024. USDJPY forecast: key trading points The USDJPY pair halted after a wave of growth The local strengthening of the US dollar is exerting pressure on the yen USDJPY forecast for 11 […]

Dec 11
US Tech analysis: the index is poised for a correction

The US Tech stock index has failed to reach another all-time high and is now poised for a correction. Find out more in our US Tech price forecast and analysis for next week, 16-20 December 2024. US Tech forecast: key trading points Recent data: US nonfarm payrolls stood at 227 thousand in November Economic indicators: […]

Dec 11
EURUSD: the pair may decline in anticipation of an ECB interest rate decision

Neutral US economic indicators may trigger a decline in the EURUSD rate to 1.0440. Find out more in our analysis for 11 December 2024. EURUSD forecast: key trading points The US core CPI (m/m): previously at 0.3%, projected at 0.3% The US CPI (y/y): previously at 2.6%, projected at 2.7% EURUSD forecast for 11 December […]

Dec 11
Walt Disney stock in 2025: could the stock price reach new heights?

The Walt Disney Company (NYSE: DIS) shares have fallen to levels last seen in 2020, when the coronavirus pandemic swept across the world and left Disney theme parks without visitors. However, the company’s revenue has already surpassed the crisis levels of 2020. Could the stock reach an all-time high of 200 USD next year? This […]

Dec 11
USDCAD: expectations of the Bank of Canada’s decision keep the market on edge

The USDCAD rate shows a minor correction, dropping to 1.4164. More details in our analysis for 11 December 2024. USDCAD forecast: key trading points The US dollar strengthens amid strong employment data Canada’s unemployment rate rose to 6.8% in November, exceeding forecasts Canada’s economy grew by 1.0% in Q3 Traders await the Bank of Canada’s […]