Day: February 24, 2025

Feb 24
Gold (XAUUSD) corrected towards the 2,920 USD support level

XAUUSD quotes are undergoing a local downward correction, falling to the 2,920 USD support level. Market participants are awaiting US GDP statistics this week. Find more details in our XAUUSD analysis for today, 24 February 2025. XAUUSD forecast: key trading points Market focus: US GDP statistics for Q4 2024 will be released on Thursday Current trend: […]

Feb 24
EURUSD is in positive territory again: another rise is likely

The EURUSD pair continues to rise and has already reached 1.0509. The market is interested in risk again. Discover more in our analysis for 24 February 2025. EURUSD forecast: key trading points The EURUSD pair rose amid improved expectations for the eurozone The market is interested in risk but is still cautious EURUSD forecast for […]

Feb 24
USDCAD forecast: the pair may continue to rise after consolidation

The Bank of Canada Deputy Governor’s speech may drive the USDCAD pair up to 1.4294. Discover more in our analysis for 24 February 2025. USDCAD forecast: key trading points A speech by Bank of Canada Deputy Governor Toni Gravelle Dallas Fed Manufacturing Index: previously at 14.1 USDCAD forecast for 24 February 2025: 1.4294 and 1.4150 […]

Feb 24
USDJPY is under pressure amid rising inflation in Japan

The USDJPY rate reversed near the key support level at 148.55. Find out more in our analysis for 24 February 2025. USDJPY forecast: key trading points The yen is supported by strong inflation in Japan Tokyo’s consumer prices rose by 4.0% in January Kazuo Ueda said the BoJ is ready to respond to market changes […]

Feb 24
McDonald’s Corp stock forecast: next price target – 360 USD per share

McDonald’s Corp (NYSE: MCD) Q4 2024 earnings report showed steady performance. The company met its expected earnings per share but fell slightly short of revenue forecasts due to lower consumer spending and the impact of an E. coli outbreak in the US. Despite these challenges, management expressed optimism about 2025. Investor reaction to the report […]

Feb 24
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 24 February 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 24 February 2025. EURUSD forecast On the H4 chart, EURUSD continues developing a growth wave towards 1.0540, which is the first local target. Today, 24 February 2025, this level is expected to be reached. After that, […]