Day: February 28, 2025

Feb 28
AUDUSD forecast: the Australian dollar continues to lose ground against the USD

The US dollar continues to strengthen amid US economic data, with the AUDUSD rate able to decline to 0.6170 in the near term. Discover more in our analysis for 28 February 2025. AUDUSD forecast: key trading points The Chicago PMI: previously at 39.5, projected at 40.5 The US core PCE price index for January: previously […]

Feb 28
EURUSD falls as the market avoids risk

The EURUSD pair dipped to 1.0387 on Friday. The US tariff actions force the market to move cautiously. Find out more in our analysis for 28 February 2025. EURUSD forecast: key trading points The EURUSD pair is falling for the third consecutive day The market avoids risks due to concerns about the US tariff plans […]

Feb 28
Alibaba Group Holding Ltd (BABA) and Palantir Technologies, Inc. (PLTR): Q3 and Q4 2024 earnings reports and stock forecasts

Alibaba Group (NYSE: BABA) has reported revenue growth for Q3 of the 2024 financial year, along with investments of 53.00 billion USD in cloud infrastructure and artificial intelligence (AI). The company’s stock has risen by 70% since the beginning of the year, driven by a series of positive developments. Meanwhile, Palantir Technologies (NASDAQ: PLTR) has […]

Feb 28
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 28 February 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 28 February 2025. EURUSD forecast On the H4 chart, EURUSD broke below the consolidation range and executed a decline to 1.0380. Today, 28 February 2025, a retest of 1.0440 from below is possible before the market […]

Feb 28
Gold (XAUUSD) continues to correct, plunging below 2,860 USD

XAUUSD quotes are undergoing a downward correction, dipping to 2,860 USD. Market participants are awaiting US inflation statistics today. Find more details in our XAUUSD analysis for today, 28 February 2025. XAUUSD forecast: key trading points Market focus: US consumer inflation data is due today – the PCE price index Current trend: a downward correction XAUUSD […]

Feb 28
USDJPY is under pressure due to expectations of BoJ policy tightening

The USDJPY rate is squeezed within the Triangle pattern, with the price currently at 149.58. Discover more in our analysis for 28 February 2025. USDJPY forecast: key trading points The pair is under pressure from expectations of further monetary tightening by the Bank of Japan Tokyo core inflation fell to 2.2% in February 2025 Japan’s […]