News
A potential rise in inflation and a decrease in the US PMI could support Gold growth to 2,790 USD. More details in our XAUUSD analysis for today, 24 January 2025. XAUUSD forecast: key trading points The University of Michigan US inflation expectations: previously at 2.8%, projected at 3.3% US services PMI: previously at 56.8, projected […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 24 January 2025. EURUSD forecast On the H4 chart, EURUSD found support at 1.0372 and completed a growth wave to 1.0454. A consolidation range has formed around 1.0398. On 24 January 2025, an upward breakout could […]
Amid economic data from the US and Japan, the USDJPY rate may resume its ascent towards 157.70 following a correction. More details in our analysis for 23 January 2025. USDJPY forecast: key trading points Japan’s export growth: previously at 3.8%, currently at 2.8% US initial jobless claims: previously at 217 thousand, projected at 221 thousand […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 23 January 2025. EURUSD forecast On the H4 chart, EURUSD completed a growth wave to 1.0454 and began a decline. On 23 January 2025, a decrease to the target level of 1.0377 is expected. After reaching […]
Global stock indices continue their upward trend, with the DE 40 index reaching a new all-time high. More details in our analysis and forecast for global indices for 23 January 2025. US indices forecast: US 30, US 500, US Tech Recent data: US industrial production rose by 0.9% in December 2024 compared to November Market […]
Brent quotes have declined for the sixth consecutive trading session, with the current price at 77.88 USD. Find out more in our analysis for 23 January 2025. Brent forecast: key trading points The American Petroleum Institute (API) recorded a rise of one million barrels in oil inventories over the past week Market pessimism is intensifying due […]