Day: December 20, 2024
Following the US Federal Reserve’s decision to lower the interest rate, stock indices saw the biggest decline since the late summer of 2024. Find out more in our analysis, news and forecast for the world leading global indices for 20 December 2024. US indices forecast: US 30, US 500, US Tech Recent data: the US […]
The AUDUSD pair declined to 0.6223, and recovering from the two-year low will not be easy. Find out more in our analysis for 20 December 2024. AUDUSD forecast: key trading points The AUDUSD pair remains at a two-year low The market is confident that the RBA is closer to an interest rate cut, which could […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 20 December 2024. EURUSD forecast On the H4 EURUSD chart, the market has completed a corrective wave structure to 1.0420. Today, 20 December 2024, we expect a downward wave to develop towards 1.0330. Subsequently, a correction […]
The EURUSD rate is declining, remaining near the November lows, with the current price at 1.0366. More details in our analysis for 20 December 2024. EURUSD forecast: key trading points The US economy expanded by 3.1% in Q3, surpassing the preliminary estimate of 2.8% US initial jobless claims decreased by 22 thousand to 220 thousand, […]
The USDJPY rate corrected to the 156.75 support level today after a steady rise on Wednesday and Thursday. Discover more in our analysis for 20 December 2024. USDJPY forecast: key trading points The Bank of Japan left the interest rate unchanged at 0.25% Japan’s inflation is accelerating, with the Consumer Price Index (CPI) showing a […]
A potential rise in US inflation expectations offers hope for Gold to climb to 2,648. Discover more in our analysis for 20 December 2024. XAUUSD forecast: key trading points The US core PCE Price Index: previously at 2.8%, projected at 2.9% The US Michigan inflation expectations: previously at 2.6%, projected at 2.9% XAUUSD forecast for […]