The USDJPY rate is undergoing a correction. However, buyers remain firm at the key resistance level of 158.55. Find out more in our analysis for 9 January 2025. USDJPY forecast: key trading points The Japanese yen remains under pressure due to the Federal Reserve’s hawkish signals and concerns about Donald Trump’s tariff threats The 0.3% […]
XAUUSD quotes show moderate volatility this week, confidently holding above the 2,600 USD support level. More details in our XAUUSD analysis for today, 9 January 2025. XAUUSD forecast: key trading points Market focus: the latest Federal Reserve meeting minutes highlight the risks of rising inflation in the US Current trend: the quotes are trading within a […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 9 January 2025. EURUSD forecast On the H4 chart, EURUSD completed a downward wave to the 1.0223 level, followed by a correction to 1.0434. As of today, 9 January 2025, the pair is forming the structure […]
Global indices are mainly in a downtrend. Find out more in our analysis and forecast for 9 January 2025. US indices forecast: US 30, US 500, US Tech Recent data: initial jobless claims came in at 201 thousand Market impact: lower-than-expected claims indicate a strong labour market, which could boost consumer spending confidence and strengthen […]
Brent oil is consolidating near the 76.00 USD support level. Discover more in our analysis for 9 January 2025. Brent forecast: key trading points Brent prices plunged after a rapid rise The oil market expects demand from China to increase Brent forecast for 9 January 2025: 78.00 and 74.80 Fundamental analysis Brent prices continue to […]
The EURUSD pair is trading near 1.0307 and appears weak. The Federal Reserve’s hawkish stance and Trump’s tariff wars keep the market tense. Find out more in our analysis for 9 January 2025. EURUSD forecast: key trading points The EURUSD pair declines with no signs of reversal The Fed’s restrictive monetary policy and the tariff […]