Latest Market News
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 30 September – 4 October 2024. EURUSD forecast The EURUSD pair is forming a broad consolidation range around the level of 1.1144, with expected growth to 1.1222. After reaching this level, a decline to 1.1144 (test […]
As part of a localised downward correction, the XAUUSD price dipped below 2,650 USD. This week, market participants will focus on US labour market data. For more details, read our XAUUSD analysis, including signals, news, and outlook for today, 30 September 2024. XAUUSD forecast: key trading points Market focus: market participants are anticipating US labour […]
The US 500 stock index is progressively updating its historical highs, but the growth momentum is weakening, and the probability of a corrective decline is increasing. The forecast for the US 500 for the next week is negative. US 500 forecast: key trading points Recent data: Core PCE inflation was 2.7% year-on-year Economic indicators: This […]
Rising retail sales offset falling industrial production, which supported the yen. Read more in our detailed USDJPY analysis for today, 30 September 2024. USDJPY forecast: key trading points Industrial production in Japan (August 2024): previously 3.1%, actual -3.3% Japan retail sales (August 2024): previously 2.7%, actual 2.8% Fed Chair Jerome Powell’s speech: expected to impact […]
EURUSD is resuming its upward movement. The market is anticipating a significant easing of the Fed’s monetary policy in the future. Read more details in our analysis for 27 September 2024. EURUSD forecast: key trading points EURUSD is set for growth The US dollar is declining as the market expects the Fed to reduce interest […]
The US 30 stock index made several historic highs last week, but the growth rate is slowing down, and a corrective decline may be imminent. Therefore, the forecast for the US 30 for next week is negative. US 30 forecast: key trading points Recent data: the US GDP growth rate has been revised up by […]