Day: January 31, 2025
XAUUSD quotes are showing strong growth, rising above the all-time high of 2,790 USD. The price is moving towards the target of a Triangle pattern on the daily chart. Find out more in our XAUUSD analysis for today, 31 January 2025. XAUUSD forecast: key trading points Gold prices reached a new all-time high Current trend: a […]
A decline in Australia’s PPI may help the Australian dollar to rise to 0.6250 USD. Find out more in our analysis for 31 January 2025. AUDUSD forecast: key trading points Australia’s PPI in Q4: previously at 3.9%, currently at 3.7% US core PCE price index for December: previously at 2.8%, currently at 2.8% AUDUSD forecast […]
The EURUSD pair declined to 1.0384 on Friday. Investors are concerned about the growing risk of trade wars. Discover more in our analysis for 31 January 2025. EURUSD forecast: key trading points The EURUSD pair tumbled rapidly in response to higher risks The threat of new trade wars from the US and pressure on partners […]
Although the USDJPY rate is undergoing a correction, the selling pressure remains. The price currently stands at 154.69. More details in our analysis for 31 January 2025. USDJPY forecast: key trading points Bank of Japan Deputy Governor Ryozo Himino said further rate hikes are possible Tokyo core inflation accelerated to 2.5% in January US initial […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 31 January 2025. EURUSD forecast On the H4 chart, EURUSD completed a corrective wave to 1.0465 and started developing a new downward wave. On 31 January 2025, the market reached 1.0376 and is forming a narrow […]
The USDJPY rate fell to the 154.50 support level after the Federal Reserve decided to keep the interest rate steady at 4.5%. Find out more in our analysis for 30 January 2025. USDJPY forecast: key trading points The US Federal Reserve left the interest rate unchanged at 4.5% Current trend: a downward correction is developing […]