The JP 225 stock index experiences upward momentum on the chart, securing a position above 39,000.0. The JP 225 forecast for next week is positive. JP 225 forecast: key trading points Recent data: the Jibun Bank Japan manufacturing PMI dropped to 49.0 points in November Economic indicators: this is a leading indicator that measures business […]
The USDCHF rate is advancing towards the 0.8905 resistance level. Discover more in our analysis for 3 December 2024. USDCHF forecast: key trading points Switzerland’s PMI decreased by 1.4 points to 48.5 in November, remaining in a stagnation zone below the 50.0 level for 23 consecutive months Switzerland’s retail sales rose by 1.4% year-on-year in […]
Brent is trading within a narrow sideways range around the 72.00 USD level as market participants await the outcome of the OPEC+ meeting scheduled for Thursday. Find out more in our Brent analysis for today, 3 December 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: OPEC+ will […]
The positive news flow from the US may exert additional downward pressure on the EURUSD rate, with the target set at the 1.0433 level. More details in our analysis for 3 December 2024. EURUSD forecast: key trading points Member of the ECB’s Executive Board, Piero Cipollone, will deliver a speech US JOLTS job openings: previously […]
XAUUSD prices received support from buyers at the 2,600 USD level and reversed upwards last week. Growth will likely continue this week. More details in our XAUUSD analysis for today, 2 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting US labour market statistics, with ADP indicators, nonfarm payrolls, and the […]
The British pound sterling is undergoing a correction after its recent rise and is trading at 1.2691, as the impact of the US dollar has returned in full force. Find out more in our analysis for 2 December 2024. GBPUSD forecast: key trading points The GBPUSD pair rose briefly before pausing The extended US holidays […]