Day: January 23, 2025

Jan 23
USDJPY: the yen continues its attempts to strengthen

Amid economic data from the US and Japan, the USDJPY rate may resume its ascent towards 157.70 following a correction. More details in our analysis for 23 January 2025. USDJPY forecast: key trading points Japan’s export growth: previously at 3.8%, currently at 2.8% US initial jobless claims: previously at 217 thousand, projected at 221 thousand […]

Jan 23
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 23 January 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 23 January 2025. EURUSD forecast On the H4 chart, EURUSD completed a growth wave to 1.0454 and began a decline. On 23 January 2025, a decrease to the target level of 1.0377 is expected. After reaching […]

Jan 23
World indices overview: news from US 30, US 500, US Tech, JP 225, and DE 40 for 23 January 2025

Global stock indices continue their upward trend, with the DE 40 index reaching a new all-time high. More details in our analysis and forecast for global indices for 23 January 2025. US indices forecast: US 30, US 500, US Tech Recent data: US industrial production rose by 0.9% in December 2024 compared to November Market […]

Jan 23
Brent falls amid rising US inventories

Brent quotes have declined for the sixth consecutive trading session, with the current price at 77.88 USD. Find out more in our analysis for 23 January 2025. Brent forecast: key trading points The American Petroleum Institute (API) recorded a rise of one million barrels in oil inventories over the past week Market pessimism is intensifying due […]

Jan 23
Gold (XAUUSD) will continue to rise after a minor correction

Gold (XAUUSD) is hovering near 2,752 USD per troy ounce, supported by demand for safe-haven assets and the relative neutrality of the US dollar. Discover more in our analysis for 23 January 2025. XAUUSD forecast: key trading points Gold (XAUUSD) maintains its upward momentum Prices are supported by demand for safe-haven assets and increasing geopolitical […]

Jan 23
EURUSD: the pair failed to breach the 1.0450 resistance level

The EURUSD pair is undergoing an upward correction after forming a local low. The bulls were unable to surpass the 1.0450 resistance level immediately. Find out more in our analysis for 23 January 2025. EURUSD forecast: key trading points Donald Trump has not yet imposed new trade tariffs on the European Union Current trend: upward […]