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.

Aug 28
EURUSD: risks of a correction are increasing

The EURUSD rate declined after unsuccessful attempts to rise above 1.1200. Find out more in our analysis dated 28 August 2024. EURUSD forecast: key trading points Investor confidence in a 50-basis-point Federal Reserve interest rate cut grows The preliminary Q2 US GDP estimate is expected to show an increase of 2.8% The core Personal Consumption […]

Aug 28
The decline in McDonald’s profits fails to scare investors. The stock nears an all-time high

Despite the boycott of McDonald’s Corp (NYSE: MCD) in the Middle East, a decrease in net income, and reserved expectations for Q3 2024, the company’s stock price is approaching an all-time high. McDonald’s business model once again proves its effectiveness. This article covers the company’s revenue streams, its growth potential, and a technical analysis of […]

Aug 27
USDJPY declines ahead of key economic data

The USDJPY rate is undergoing a slight correction for the second consecutive trading session. Find out more in our analysis dated 27 August 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda hints at possible monetary policy revision Federal Reserve Chair Jerome Powell emphasises the need to adjust monetary policy due to employment market […]

Aug 27
JP 225 continues to rise despite a decline in fundamental data

The JP 225 index rose again after the close of trading on Monday – this time by 0.72%. Growth may continue amid the strengthening of the shipbuilding and financial sectors. JP 225 forecast: key trading points Japan’s Corporate Services Price Index (CSPI), y/y: previously at 3.1, currently at 2.8% The Bank of Japan’s Core Consumer […]

Aug 27
USDCHF: the US dollar is poised to recoup losses

The Swiss franc may lose ground amid rising consumer confidence in the US. Find out more in our analysis dated 27 August 2024. USDCHF forecast: key trading points The non-seasonally adjusted US composite home price index S&P/CS Composite-20, y/y: previously at 6.8%, projected at 6.2% The CB US consumer confidence index: previously at 100.3, projected […]

Aug 27
Brent price begins to rise, surpassing 80.00 USD

Brent price is experiencing steady growth, surpassing 80.00 USD per barrel; today, the focus is on the API oil stock data. Find out more in our Brent analysis for today, 27 August 2024. Brent forecast: key trading points US data: the market awaits the API US oil inventory statistics today Brent forecast for 27 August […]

Aug 27
EURUSD remains at highs: the market turns against the US dollar

The EURUSD pair rises after a correction, with external factors that may affect risk appetite. Find out more in our analysis dated 27 August 2024. EURUSD forecast: key trading points The EURUSD pair resumed growth The market anticipates a 25-basis-point interest rate cut in September EURUSD forecast for 27 August 2024: 1.1150, 1.1118, and 1.1098 […]

Aug 27
GBPUSD rises amid potential easing of US monetary policy

The GBPUSD rate is slightly correcting after rising for seven consecutive trading sessions. Find out more in our analysis dated 26 August 2024. GBPUSD forecast: key trading points The GBPUSD rate has reached the highest level in the past two years Federal Reserve Chair Jerome Powell signalled an imminent interest rate cut The market responded […]

Aug 26
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD technical analysis and forecast for 26-30 August 2024

Here is a detailed forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 26-30 August 2024 EURUSD forecast The EURUSD pair has reached the growth wave’s local target of 1.1200. The forecast suggests that a consolidation range could form at the current highs. If the price breaks below this range, it could signal […]

Aug 26
EURUSD may correct before rising

Declining euro indicators and improving financial climate in the US may lead to a correction in the EURUSD pair. Find out more in our analysis dated 26 August 2024. EURUSD forecast: key trading points Germany’s business expectations index: previously at 86.9, projected at 86.5 The IFO business climate index for Germany: previously at 87.0, projected […]

Aug 26
US 500 analysis: sellers hold the key resistance level

The US 500 index is testing the resistance level for the fourth trading session. Find out more in our US 500 forecast for next week. US 500 forecast: key trading points The US 500 index is testing the resistance level for the fourth consecutive trading session, indicating pressure from sellers Jerome Powell emphasised the need […]

Aug 26
USDJPY declines further, hitting a three-week low

The USDJPY pair is declining, pressured by the Federal Reserve’s soft tone. The Fed is expected to ease monetary policy in September. Find out more in our analysis dated 26 August 2024. USDJPY forecast: key trading points The USDJPY pair dipped to a three-week low The Bank of Japan’s tight stance and the Fed’s dovish […]