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.
The US presidential election has put pressure on the yen, which continues to lose ground against the US dollar. More details in our analysis for 6 November 2024. USDJPY forecast: key trading points The Bank of Japan monetary policy meeting minutes Japan’s services PMI: previously at 53.1, currently at 49.7 US presidential election USDJPY forecast […]
XAUUSD prices continue to correct, plunging to 2,700 USD amid US dollar growth driven by the US election. Once the correction is complete, growth could resume. Discover more in our XAUUSD analysis for today, 6 November 2024. XAUUSD forecast: key trading points Market focus: Donald Trump is confidently in the lead in the ongoing US […]
The EURUSD pair remains in a consolidation phase. A critical moment is approaching. Find out more in our analysis for 5 November 2024. EURUSD forecast: key trading points The EURUSD pair is consolidating Initial, accurate data on the US presidential election will emerge a few days after the vote EURUSD forecast for 5 November 2024: […]
Switzerland’s stable unemployment rate and the upcoming US election may strengthen the Swiss franc. Discover more in our analysis for 5 November 2024. USDCHF forecast: key trading points Switzerland’s seasonally adjusted unemployment rate: previously at 2.6%, currently at 2.6% The US ISM services PMI: previously at 54.9, currently at 53.8 USDCHF forecast for 5 November […]
A potential rise in the PMI and the US presidential election will increase market volatility. More details in our analysis for 5 November 2024. USDJPY forecast: key trading points Japan’s monetary base: previously at 0.1%, currently at 0.0% The US services PMI: previously at 55.2, currently at 55.3 US presidential election USDJPY forecast for 5 […]
The JP 225 stock index is trading within a limited range, with a triangle technical pattern forming on the chart. The JP 225 forecast for next week is neutral. JP 225 forecast: key trading points Recent data: the monetary base indicator has decreased by 0.3% Economic indicators: the monetary base reflects changes in the money […]
Brent prices received support from OPEC+ and reversed upwards. The quotes are now hovering around 75.00 USD, with growth likely to resume. Find out more in our Brent analysis for today, 5 November 2024. Brent forecast: key trading points Current trend: upward movement Market focus: market participants are awaiting the outcome of the US presidential […]
The GBPUSD pair rose, with the pound supported by the local weakness of the US dollar. More details in our analysis for 4 November 2024. GBPUSD forecast: key trading points The GBPUSD pair has risen Investors will need safe-haven assets this week GBPUSD forecast for 4 November 2024: 1.3060 and 1.3128 Fundamental analysis The GBPUSD […]
The USDJPY pair is undergoing a correction, with the US dollar retreating ahead of the US presidential election. Find out more in our analysis for 4 November 2024. USDJPY forecast: key trading points The USDJPY pair declines Safe-haven assets are in demand this week USDJPY forecast for 4 November 2024: 151.00 and 150.80 Fundamental analysis […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 4 – 8 November 2024. EURUSD forecast The EURUSD pair has completed a downward wave, reaching 1.0760. After the price hit this level, the third growth wave began to form, aiming for 1.0933. This could be […]
The US 500 stock index entered a downtrend amid mixed US labour market data and the upcoming election. The US 500 forecast for next week is moderately negative. US 500 forecast: key trading points Recent data: nonfarm payroll growth was just 12,000 in October Economic indicators: this metric reflects job growth in the US nonfarm […]
Rising eurozone figures and speeches by ECB officials are bolstering the euro. Find out more in our analysis for 4 November 2024. EURUSD forecast: key trading points The eurozone’s manufacturing PMI: previously at 45.0, projected at 45.9 A speech by a member of the Supervisory Board (ECB representative), Elizabeth McCaul A speech by European Central […]
