Market Analysis
Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
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Brent prices are strengthening during the Asian session due to another escalation of the conflict in the Middle East. Find out more in our Brent analysis for today, 19 November 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: Israel and Hamas exchanged missile strikes US data: the […]
The increase in US building permits and a Fed official’s speech may support the US dollar. Discover more in our analysis for 19 November 2024. USDJPY forecast: key trading points US Housing Starts in October: previously at 1.354 million, projected at 1.340 million US building permits in October: previously at 1.425 million, projected at 1.440 […]
The JP 225 stock index shows a decline on the H4 chart, breaking below the lower boundary of an ascending channel. The JP 225 forecast for next week is negative. JP 225 forecast: key trading points Recent data: Japan’s machinery orders decreased by 0.7% Economic indicators: this indicator measures the total value of machinery orders […]
The EURUSD rate falls after rising for two consecutive trading sessions. More details in our analysis for 19 November 2024. EURUSD forecast: key trading points The likelihood of a December Federal Reserve rate cut has decreased to 58% from 65% a week ago The share of overdue commercial property loans in the US exceeded 1% […]
The news environment worsens the situation, with the pound falling against the US dollar. Find out more in our analysis for 18 November 2024. GBPUSD forecast: key trading points The Rightmove UK House Price Index (y/y): previously at 1.0%, currently at 1.2% NIESR UK monthly GDP tracker: previously at 0.2% GBPUSD forecast for 18 November […]
The EURUSD pair starts the week quietly, with the US dollar maintaining its strength. Find out more in our analysis for 18 November 2024. EURUSD forecast: key trading points The EURUSD pair opened the week on a stable note All market sympathies are with the US dollar as investors expect reduced activity from the Federal […]
The US 500 stock index declined by 2.85%, but the overall trend remains upward. Find out more in our US 500 price forecast and analysis for next week, 25-29 November 2024. US 500 forecast: key trading points Recent data: US industrial production decreased by 0.3% in October Economic indicators: this measure tracks the output of […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 18-22 November 2024. EURUSD forecast The EURUSD pair has formed a broad consolidation range around 1.0800. Breaking below this range, it completed a move to 1.0495. The market continues to develop a downward movement towards 1.0400, […]
XAUUSD prices declined to 2,536 USD within a correction last week, where they encountered strong demand and formed a local upward reversal. More details in our XAUUSD analysis for today, 18 November 2024. XAUUSD forecast: key trading points Market focus: last week’s US inflation data aligned with forecasts Current trend: correcting within an uptrend XAUUSD […]
The USDJPY rate is rising after rebounding from the 153.90 support level. Discover more in our analysis for 18 November 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda indicated a potential rate hike but provided no specifics Jerome Powell reaffirmed that no interest rate cut is expected in the near term Markets continue […]
The NZDUSD pair paused its decline, with the Kiwi under pressure from the strong US dollar. Find out more in our analysis for 15 November 2024. NZDUSD forecast: key trading points The NZDUSD pair has temporarily halted its decline The instrument is hovering near an annual low, and the outlook remains negative NZDUSD forecast for […]
The US 30 stock index corrected by 2.30% after reaching an all-time high. However, it is too early to consider a trend reversal. Discover more in our US 30 price forecast and analysis for next week, 18-22 November 2024. US 30 forecast: key trading points Recent data: the Producer Price Index (PPI) was 2.4% year-on-year […]