Latest Market News
Brent is trading within a broad sideways range, with prices currently hovering around 72.00 USD. Market participants did not receive significant signals from the OPEC+ meeting. Find out more in our Brent analysis for today, 10 December 2024. Brent forecast: key trading points Current trend: trading within a broad consolidation range Market focus: the OPEC+ […]
XAUUSD prices continue to consolidate within a limited range near the 2,650 USD level following Friday’s release of robust US employment statistics. Discover more in our XAUUSD analysis for today, 9 December 2024. XAUUSD forecast: key trading points Market focus: nonfarm payrolls data exceeded forecasts, showing an increase of 227 thousand jobs Current trend: consolidating […]
The EURUSD pair is under selling pressure, with the market favouring the US dollar again. Find out more in our analysis for 9 December 2024. EURUSD forecast: key trading points The EURUSD pair has been declining for the second consecutive trading session This week’s US inflation report will be the last statistics to be released […]
The US 500 stock index will likely attempt to reach a new all-time high before a correction. Find out more in our US 500 price forecast and analysis for next week, 16-20 December 2024. US 500 forecast: key trading points Recent data: US nonfarm payrolls (NFP) reached 227 thousand in November Economic indicators: the NFP […]
David Ramsden’s speech may trigger a further decline in the GBPUSD rate to 1.2700. Find more details in our analysis for 9 December 2024. GBPUSD forecast: key trading points A speech by a member of the Bank of England’s Monetary Policy Committee David Ramsden US wholesale inventories (m/m): previously at 0.2%, projected at 0.2% US […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 9-13 December 2024. EURUSD forecast The EURUSD pair has completed a growth wave, reaching 1.0629. This growth structure is considered a correction of the previous downward wave, with a new descending wave expected to start, aiming […]