Day: December 19, 2024

Dec 19
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 19 December 2024

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 19 December 2024. EURUSD forecast On the H4 chart, EURUSD rebounded from resistance at 1.0490, completing a downward wave structure targeting 1.0344. This marks the estimated target for the first wave of the decline. Today, 19 […]

Dec 19
Brent falls following the Federal Reserve’s statement, with the current price at 72.63 USD

Brent oil is correcting near the key support level of 72.45 USD. Find out more in our analysis for 19 December 2024. Brent forecast: key trading points Brent prices are declining, erasing yesterday’s gains The Federal Reserve signals a slower pace of interest rate cuts in 2025 US oil inventories decreased by 934 thousand barrels, […]

Dec 19
EURUSD declines after Powell’s comments

The EURUSD rate retreated sharply to 1.0350 following the US Federal Reserve meeting and subsequent comments from Jerome Powell. Find out more in our analysis for 19 December 2024. EURUSD forecast: key trading points The US Federal Reserve lowered the interest rate by 0.25% Stock markets are in negative territory, while the US dollar strengthens […]

Dec 19
Gold (XAUUSD) prices fell by 2%: the Federal Reserve’s pressure cannot be ignored

Gold is consolidating around 2,610 USD after a collapse, with prices facing significant pressure from the Federal Reserve’s stance. Discover more in our analysis for 19 December 2024. XAUUSD forecast: key trading points Gold (XAUUSD) prices fell by more than 2% yesterday The US Federal Reserve’s consistent stance for 2025 suggests only two rate cuts, […]