Market Analysis

Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams

Disclaimer: Market Analysis is published for informational purposes only and should not be considered as investment advice, recommendations, or suggestions for performing any action with financial instruments. The analysis belongs to their respective authors and “Brokers Watch” is not responsible for their content.

Oct 23
PepsiCo’s revenue falls, but its stock price continues to rise. What is the secret behind the popularity of PepsiCo shares?

Despite the challenges PepsiCo Inc. (NYSE: PEP) has faced, its stock price has been rising steadily. On 8 October, the company released its Q3 2024 report, posting revenue lower than the corresponding period in 2023. Nonetheless, the stock price continued its upward trajectory. Based on the quarterly earnings report, this article provides a fundamental analysis […]

Oct 23
EURUSD reached a new local low as demand for the US dollar strengthens

The EURUSD pair continues to decline as the market turns towards safe-haven assets. Find out more in our analysis for 23 October 2024. EURUSD forecast: key trading points The EURUSD pair continues to fall The US dollar is in demand, driven by expectations of Federal Reserve decisions and the upcoming US election EURUSD forecast for […]

Oct 23
US Tech analysis: the uptrend weakens, with a correction being highly likely

The US Tech stock index is in an uptrend. However, the quotes have been hovering between the current resistance and support levels for over a week. The US Tech forecast for next week is moderately optimistic. US Tech forecast: key trading points Recent data: the Richmond Manufacturing Index came in at -14 points in October […]

Oct 23
USDJPY strengthens amid political instability in Japan

The USDJPY rate has been rising for the third consecutive trading session. Find out more in our analysis for 23 October 2024. USDJPY forecast: key trading points The Japanese yen has declined to a three-month low due to the strengthening of the US dollar amid robust economic data The formation of a Japanese coalition government […]

Oct 23
USDCAD: all eyes are on the Bank of Canada’s interest rate decision

The Bank of Canada will release its monetary policy report and interest rate decision today. More details in our analysis for 23 October 2024. USDCAD forecast: key trading points The release of the Bank of Canada monetary policy report The Bank of Canada interest rate decision: previously at 4.25%, projected at 3.75% The Bank of […]

Oct 23
Inflation risks and geopolitics bolster the demand for gold (XAUUSD)

Gold is rising amid increasing uncertainty ahead of the US election. Discover more in our analysis for 23 October 2024. XAUUSD forecast: key trading points Gold has set a new record, testing the 2,753 USD level Stronger demand is due to the upcoming US election, which creates uncertainty in the markets Both US presidential candidates […]

Oct 22
USDCHF: the franc is under pressure due to easing inflation

The USDCHF rate slightly declines on Tuesday. More details in our analysis for 22 October 2024. USDCHF forecast: key trading points Markets predict Trump’s potential victory, which may drive up US inflation, adding pressure on the franc Expectations of monetary policy easing by the Swiss National Bank support the rise in the USDCHF pair USDCHF […]

Oct 22
USDJPY continues its ascent, reaching a three-month high

The USDJPY pair has reached a new three-month peak. The market does not rule out currency interventions from the Bank of Japan. Find out more in our analysis for 22 October 2024. USDJPY forecast: key trading points The USDJPY pair has surpassed a three-month high The yen has weakened, increasing the likelihood of new currency […]

Oct 22
JP 225 analysis: easing inflation and rising interest rates adversely impact the stock market

The JP 225 stock index is reversing from an uptrend to a downtrend amid signs of declining economic growth in Japan. The JP 225 forecast for next week is negative. JP 225 forecast: key trading points Recent data: the Bank of Japan’s core Consumer Price Index (CPI) reached 1.7% year-on-year Economic indicators: this indicator shows […]

Oct 22
EURUSD forecast 2024-2026: key market trends and future predictions

The EUR/USD pair in the first half of 2024 has been a rollercoaster of volatility, marked by sharp fluctuations within each day as economic uncertainties and central bank policies clash. Geopolitical events and macroeconomic indicators put serious pressure on the pair. What will be the forecast for EURUSD in the coming years? In this article, […]

Oct 22
Brent gained support around 72.00 USD

Brent prices fell by 7% last week amid the underwhelming OPEC report. The price found support at the 72.00 USD level and reversed upwards. More details in our Brent analysis for today, 22 October 2024. Brent forecast: key trading points US data: the market awaits the API crude oil stock statistics Current trend: correcting as […]

Oct 22
EURUSD: the euro continues to lose ground against the US dollar

The EURUSD pair is expected to experience increased volatility today due to speeches by the ECB president and officials. Find out more in our analysis for 22 October 2024. EURUSD forecast: key trading points A speech by Bundesbank’s Burkhard Balz A speech by member of the Supervisory Board (ECB representative) Elizabeth McCaul A report by […]