Latest Market News
Brent’s price is moving within a broad sideways range while a triangle pattern is forming on the chart. As we move through 3 September 2024, market participants are closely watching for key signals that may influence the price direction in the coming days. This Brent analysis provides a detailed outlook, incorporating the latest news and […]
The EURUSD pair has declined for the third consecutive trading day. Investors await an ECB interest rate cut in September, with inflation supporting the forecast. Find out more in our analysis dated 3 September 2024. EURUSD forecast: key trading points The EURUSD pair has reached its lowest level since mid-August Investors believe the ECB will […]
The GBPUSD rate is rising after three consecutive trading sessions of decline. Find out more in our analysis dated 2 September 2024. GBPUSD forecast: key trading points The US Consumer Price Index rose by 0.2% in July Investors have revised their expectations regarding a Federal Reserve interest rate cut amid the latest inflation data The […]
The eurozone’s PMI and the US holiday may not weaken the US dollar. Find out more in our EURUSD forecast dated 2 September 2024. EURUSD forecast: key trading points Today is US Labor Day The eurozone’s manufacturing PMI for August: previously at 45.6, projected at 45.6 EURUSD forecast for 2 September 2024: 1.1005 and 1.1096 […]
The US 500 stock index is attempting to reach a new all-time high following a correction in early August 2024. The US 500 forecast remains moderately optimistic. US 500 forecast: key trading points Recent data: US initial jobless claims reached 231,000 Economic indicators: this indicator is an indirect gauge of the US employment market, which […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 2-6 September 2024. EURUSD forecast The EURUSD pair continues to develop the first downward wave, with a target at 1.0990. This week, the price is expected to reach this target. Subsequently, it could undergo a correction […]