News

Jan 30
Gold (XAUUSD) continues to strengthen

Rising US jobless claims and a potential decline in GDP open the potential for XAUUSD growth to 2,790 USD. More details in our XAUUSD analysis for today, 30 January 2025. XAUUSD forecast: key trading points US Q4 GDP: previously at 3.1%, projected at 2.7% US initial jobless claims: previously at 223 thousand, projected at 224 […]

Jan 30
EURUSD loses ground ahead of the ECB decision

The EURUSD rate is falling after rebounding from the resistance level, with the price currently at 1.0411. Discover more in our analysis for 30 January 2025. EURUSD forecast: key trading points The Federal Reserve held interest rates steady The Fed noted sustainable economic growth and a healthy labour market Analysts expect a 25-basis-point ECB rate […]

Jan 29
Gold (XAUUSD) rises, driven by demand for safe-haven assets, with a key Fed decision ahead

XAUUSD rises to 2,765 USD on Wednesday, with demand for safe-haven assets increasing due to tariff uncertainty. More details in our analysis for 29 January 2025. XAUUSD forecast: key trading points Gold (XAUUSD) continues to rise gradually The outlook for Gold is mixed and depends on the current and future Federal Reserve interest rate decisions […]

Jan 29
EURUSD: the pair is awaiting the Fed and ECB rate decisions

The EURUSD pair is trading within a downward correction and is now consolidating at 1.0400. Today, the market will focus on the Federal Reserve interest rate decision. Find out more in our analysis for 29 January 2025. EURUSD forecast: key trading points Current trend: an upward correction The market is awaiting the US Federal Reserve […]

Jan 29
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 29 January 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 29 January 2025. EURUSD forecast On the H4 chart, EURUSD is consolidating around 1.0430. On 29 January 2025, a downward breakout is expected, leading to a continuation of the wave towards 1.0345 as the first target. […]

Jan 29
GBPUSD remains under pressure from the Fed and BoE policies

The GBPUSD rate is rising slightly, with the price currently at 1.2457. Find out more in our analysis for 29 January 2025. GBPUSD forecast: key trading points Concerns about trade tensions with Canada and Mexico intensified, leading to a decline in the GBPUSD pair Traders expect the Federal Reserve to keep the interest rate at […]