Day: December 23, 2024

Dec 23
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 23 December 2024

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 23 December 2024. EURUSD forecast The EURUSD H4 chart shows the market has completed a downward wave, reaching 1.0343. A correction is likely to develop today, 23 December 2024. The market has received support at 1.0386 […]

Dec 23
USDCAD: economic risks in Canada are intensifying

The USDCAD rate is rising after reversing from the support level, with the current price at 1.4273. Find out more in our analysis for 23 December 2024. USDCAD forecast: key trading points Investors are revising expectations for Federal Reserve interest rate cuts Canada’s core inflation rose to 2.7%, exceeding analysts’ expectations The resignation of Minister […]

Dec 23
XAUUSD: Gold continues to strengthen after completing a correction

Despite positive fundamental forecasts for the US, Gold continues to strengthen, with the growth target at 2,650. More details in our XAUUSD analysis for today, 23 December 2024. XAUUSD forecast: key trading points US Consumer Confidence Index: previously at 111.7%, projected at 112.9% Current trend: moving upwards XAUUSD forecast for 23 December 2024: 2,650 and […]

Dec 23
USDJPY: uncertainty in the BoJ actions weakens the Japanese yen

The USDJPY rate reversed from the support level, with the current price at 156.55. Discover more in our analysis for 23 December 2024. USDJPY forecast: key trading points The Japanese yen remains under pressure due to uncertainty regarding a Bank of Japan interest rate hike Americans’ income rose by 0.3% in November, with spending increasing […]