Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
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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. […]
Brent quotes are falling for the third consecutive trading session, with the price currently at 74.88 USD. More details in our analysis for 4 February 2025. Brent forecast: key trading points Washington postponed tariffs on goods from Canada and Mexico China imposed 10% tariffs on US oil A slowdown in Chinese factories fuels concerns about oil […]
The EURUSD rate returned to 1.0350 as part of a correction after declining at the market opening on Monday. This week, market participants are awaiting US labour market statistics. Find out more in our analysis for 4 February 2025. EURUSD forecast: key trading points Market focus: market participants are awaiting US labour market statistics this […]
While artificial intelligence (AI) is driving revenue and income growth at Meta Platforms, Inc. (NASDAQ: META) and Microsoft Corporation (NASDAQ: MSFT), investors are increasingly concerned about rising AI-related expenses and the companies’ ability to recoup these costs in the future. The article provides key highlights of Meta and Microsoft’s quarterly earnings reports. It includes a […]
Global stock indices plummeted again following a minor correction amid tariffs imposed by US President Donald Trump. Find out more in our analysis and forecast for global indices for 4 February 2025. US indices forecast: US 30, US 500, US Tech Recent data: tariffs on goods from Canada and Mexico have been postponed for 30 […]
The USDJPY rate may reach 156.10 amid US fundamental data. Discover more in our analysis for 4 February 2025. USDJPY forecast: key trading points US JOLTS job openings: previously at 8,098 million, projected at 8,010 million US factory orders (m/m): previously at -0.4%, projected at -0.7% A speech by FOMC member Raphael W. Bostic USDJPY […]
Gold (XAUUSD) prices rose to 2,822 USD, with global demand for safe-haven assets increasing. Find out more in our analysis for 4 February 2025. XAUUSD forecast: key trading points Gold prices are rising and may reach a new high Gold quotes are supported by the likelihood of rising inflation after the US imposed high tariffs […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 3 February 2025. EURUSD forecast On the H4 chart, EURUSD completed a corrective wave to 1.0430 and initiated a new downward wave. On 3 February 2025, the market continues declining towards 1.0220 as the local target. […]
XAUUSD prices are correcting within an ascending channel, with quotes currently at 2,787 USD. Find out more in our analysis for 3 February 2025. XAUUSD forecast: key trading points Investors are locking in profits after prices have reached a new all-time high, adding to the downward pressure New tariffs imposed by the US on imports […]
The eurozone and US PMIs may trigger a correction in the EURUSD rate towards 1.0350. More details in our analysis for 3 February 2025. EURUSD forecast: key trading points The eurozone’s manufacturing PMI for January: previously at 45.1, projected at 46.1 The eurozone’s CPI for January: previously at 2.4%, projected at 2.4% The US manufacturing […]
The USDCAD rate soared to 1.4800 on Monday due to tariffs imposed by the US on goods from Canada and other countries over the weekend. Discover more in our analysis for 3 February 2025. USDCAD forecast: key trading points The US imposed 25% tariffs on Canadian goods Current trend: a strong uptrend USDCAD forecast for […]