Day: February 5, 2025
The USDJPY rate fell below 154.00 on Wednesday amid rising wages in Japan. Today, the market will focus on the US ADP employment statistics. Find out more in our analysis for 5 February 2025. USDJPY forecast: key trading points Japan’s services Purchasing Managers’ Index for January was revised upwards to 53.0 points Japan’s labour cash […]
The GBPUSD pair is hovering around 1.2464 on Wednesday, with the pound appearing more stable than other currencies. More details in our analysis for 5 February 2025. GBPUSD forecast: key trading points The GBPUSD pair has strengthened and is now consolidating The pound sterling is not afraid of possible US trade tariffs; investors expect a […]
The EURUSD rate is correcting after a two-day rise, with the price currently at 1.0374. Discover more in our analysis for 5 February 2025. EURUSD forecast: key trading points US factory orders declined by 0.9% in December US job openings decreased by 556 thousand to 7.6 million US and China’s presidents are expected to have […]
The increase in US nonfarm employment does not strengthen the US dollar significantly, with Gold prices continuing their ascent to 2,880 USD. Discover more in our XAUUSD analysis for today, 5 February 2025. XAUUSD forecast: key trading points The US ADP nonfarm employment change: previously at 122 thousand, projected at 148 thousand The US services […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 5 February 2025. EURUSD forecast On the H4 chart, EURUSD formed a consolidation range around 1.0300. A breakout upwards suggests the possibility of further correction towards 1.0414. Today, 5 February 2025, the market is expected to […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 4 February 2025. EURUSD forecast On the H4 chart, EURUSD completed a downward wave to 1.0211, followed by a correction to 1.0348. Today, 4 February 2025, the market continues declining towards 1.0150 as the first target. […]
