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 […]
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 […]
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 […]
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 […]
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 […]
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 […]