Day: December 27, 2024

Dec 27
USDJPY: the yen has temporarily strengthened against the US dollar

The increase in Tokyo’s core CPI and the stabilisation of unemployment in Japan contributed to the yen’s temporary strengthening. Following a correction in the USDJPY rate, the pair is expected to rise to 159.00. Find out more in our analysis for 27 December 2024. USDJPY forecast: key trading points Tokyo core CPI (y/y): previously at […]

Dec 27
EURUSD under pressure: the US labour market remains resilient

The EURUSD rate declined after rising in the last trading session, with its current price at 1.0411. More details in our analysis for 27 December 2024. EURUSD forecast: key trading points The markets are pricing in a 35-basis-point Federal Reserve rate cut in 2025 US initial jobless claims decreased to 219 thousand, reaching the lowest […]

Dec 27
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 27 December 2024

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 27 December 2024. EURUSD forecast On the EURUSD H4 chart, the market is forming a consolidation range around 1.0386. Today, 27 December 2024, it has expanded upwards to 1.0427. Subsequently, a downward expansion to 1.0333 is […]

Dec 27
Gold (XAUUSD) holds steady above 2,600 USD

XAUUSD quotes are experiencing slight volatility this week, remaining firmly above the 2,600 USD support level. Find out more in our XAUUSD analysis for today, 27 December 2024. XAUUSD forecast: key trading points Market focus: Gold is trading within a limited range due to the holiday week in Europe and the US Current trend: consolidating within […]