Market Analysis
Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
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The XAUUSD price set another all-time high yesterday at 2,685 USD. Today, market participants will focus on the US inflation growth rate data – read about it in our XAUUSD analysis for today, 27 September 2024. XAUUSD forecast: key trading points Market focus: today, market participants are awaiting US inflation data – the Core Personal […]
Rising PCE and Michelle Bowman’s speech could support the US dollar – read more in our analysis for 27 September 2024. NZDUSD forecast: key trading points US Core PCE (YoY): Previously 2.6%, Forecasted 2.7% Speech by Michelle Bowman, member of the US Federal Open Market Committee (FOMC) CFTC NZD Net Speculative Positions: Previously -1.9K NZDUSD […]
The USDJPY continues to exhibit upward momentum, climbing to a three-week high as the US dollar garners favour among investors. Read more in our analysis for 26 September 2024. USDJPY forecast: key trading points USDJPY growth: the pair has shown steady growth as the Japanese yen continues to retreat amidst the strengthening US dollar Investor […]
After the quarterly report was published on 5 September 2024, Broadcom shares fell by 10%, reaching the support level of 136 USD. However, sharp growth began the following day, and by 13 September, the stock price rose by 22%. The last quarter’s results exceeded expectations, and the company’s management provided an optimistic forecast for the […]
Despite Germany’s economic downturn, the DE 40 stock index continues rising, reaching historical highs. This anomaly is unlikely to last long, so the forecast for the DE 40 for next week is negative. DE 40 forecast: key trading points Recent data: Manufacturing PMI was 40.3 points in September Economic indicators: Manufacturing PMI reflects current economic […]
AUDUSD is regaining some of its lost ground after falling more than 1% the previous day. Read more details in our analysis for 26 September 2024. AUDUSD forecast: key trading points Support for the Chinese economy stimulates demand for Australian exports, which helps AUDUSD to strengthen The Australian Consumer Price Index declined to 2.7% in […]
The Brent crude oil price failed to overcome the 75.00 USD mark and fell to the area around 70.00 USD. According to our Brent forecast, the daily trend remains downward, signalling that the decline may continue. Read our Brent analysis for today, 26 September 2024, for further insights. Brent forecast: key trading points US data: […]
The monthly ECB report, alongside the latest US GDP and unemployment data, could be critical signals triggering further USD weakness. Read more in our EURUSD forecast and analysis for 26 September 2024. EURUSD forecast: key trading points ECB monthly report US GDP (QoQ): previously 3.0%, forecasted 3.0% US Initial Jobless Claims: previously 219K, forecasted 224K […]
The XAUUSD price reached a new all-time high this morning at 2,670 USD. The trend for gold remains upward, though a downward correction may start soon – read about it in our XAUUSD analysis for today, 25 September 2024. XAUUSD forecast: key trading points Market focus: gold is steadily rising following the US Fed rate […]
The US Tech stock index is in an uptrend and will likely renew its historical high. The US Tech forecast for next week is moderately positive. US Tech forecast: key trading points Recent data: mortgage applications registered in the US last week increased by 14.20% Economic indicators: mortgage demand indicators have an indirect impact on […]
The USDCAD pair continues its downward trajectory, currently sitting at a four-week low, influenced by recent economic developments in China. Read more in our analysis for 25 September 2024. USDCAD forecast: key trading points Continued weakness in USDCAD: the pair continues to decline, driven by external factors such as Chinese economic stimulus and recovering oil […]
A possible decline in new home sales in the US and Japanese indices remaining flat may impact the current USDJPY trend – read more in our analysis for today – 25 September 2024. USDJPY forecast: key trading points Japan Corporate Services Price Index (CSPI) YoY: previous 2.7%, actual 2.7% Japan Core CPI (Consumer Price Index) […]