The US 500 stock index closed with gains last Friday following the release of strong US labour market data. The US 500 forecast for next week is moderately positive. US 500 forecast: key trading points Recent data: US unemployment reached 4.1% in September Economic indicators: the unemployment rate is one of the leading indicators for […]
USDJPY growth halted on Friday as the market paused and awaits further developments. More details and insights are available in our USDJPY analysis and forecast for today, 4 October 2024. USDJPY forecast: key trading points The USDJPY pair is consolidating The market paused following a 3% decline in the yen over the past week USDJPY […]
After setting an all-time high, the DE 40 stock index has corrected by 2.66% but still retains upside potential. As market conditions suggest further gains, the DE 40 forecast for next week remains positive. DE 40 forecast: key trading points Recent news: German CPI was 1.6% year-on-year in September, slightly below the expected 1.9%, which […]
NZDUSD has declined for the fourth consecutive trading session. A detailed analysis for 4 October 2024 provides insights into the key factors behind this movement. NZDUSD forecast: key trading points Expectations for a significant rate cut by the Reserve Bank of New Zealand have increased amid weak economic indicators The latest Quarterly Survey of Business […]
The XAUUSD price reversed upwards, forming a Triangle pattern. Today, the key focus for market participants is the US employment data – read our XAUUSD analysis for today, 4 October 2024, for more detailed insights. XAUUSD forecast: key trading points Market focus: market participants are anticipating today’s US labour market data release, which could heavily […]
The US 30 stock index is in an uptrend but has failed to overcome the resistance level at 42,340.0 for more than a week. The US 30 forecast for the next week is moderately positive. US 30 forecast: key trading points Recent data: Initial Jobless Claims totalled 225,000 for the week Economic indicators: reflect the […]