Day: January 9, 2025

Jan 09
Lower wages in Japan increase risks for further USDJPY growth

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% […]

Jan 09
Gold (XAUUSD) is strengthening, rising above 2,650 USD

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 […]

Jan 09
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 9 January 2025

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 […]

Jan 09
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 9 January 2025

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 […]

Jan 09
Increasing oil demand from China may boost Brent barrel prices

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 […]

Jan 09
EURUSD remains weak as pressure from the US dollar persists

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 […]