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Amid positive US economic data, the USDJPY rate may climb to 157.00. Discover more in our analysis for 16 January 2025. USDJPY forecast: key trading points US industrial production: previously at -0.1%, projected at 0.3% US manufacturing production: previously at 0.2%, projected at 0.2% USDJPY forecast for 17 January 2025: 157.00 and 155.10 Fundamental analysis […]

The EURUSD rate is experiencing an upward correction within a downtrend. The bulls failed to overcome the 1.0350 resistance level on their first attempt. More details in our analysis for 17 January 2025. EURUSD forecast: key trading points The EURUSD pair undergoes a correction within a downtrend Today, the eurozone’s inflation statistics are scheduled for […]

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 17 January 2025. EURUSD forecast On the H4 chart, EURUSD completed a corrective structure to 1.0315 and is currently forming a new downward wave targeting 1.0200. On 17 January 2025, a decline to 1.0250 is expected. […]

The US inflation release provided support to global stock indices. Find out more in our analysis and forecast for global indices for 16 January 2025. US indices forecast: US 30, US 500, US Tech Recent data: the US core CPI rose 3.2% year-on-year Market impact: the current inflation data allows investors to expect further easing […]

The USDJPY pair is hovering around 155.76 on Thursday, marking the second day of decline, with the yen aggressive. Find out more in our analysis for 16 January 2025. USDJPY forecast: key trading points The USDJPY pair is rapidly declining on the currency market The market is receiving signals that the Bank of Japan is […]

A potential improvement in Germany’s CPI and increased US initial jobless claims may drive growth in EURUSD to 1.0345. Find out more in our analysis for 16 January 2025. EURUSD forecast: key trading points Germany’s CPI in December: previously at -0.2%, projected at 0.4% The release of the ECB monetary policy meeting minutes US initial […]