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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 […]
The USDJPY rate is testing the 150.15 resistance level, with pressure from buyers persisting. Discover more in our analysis for 9 December 2024. USDJPY forecast: key trading points Japan’s economy grew by 0.3% in Q3, above preliminary estimates and market expectations Toyoaki Nakamura expressed concern about the insufficient sustainability of wage growth Japan’s services PMI […]
XAUUSD prices are consolidating within a narrow range near the 2,650 USD level as market participants await US employment statistics. Find out more in our XAUUSD analysis for today, 6 December 2024. XAUUSD forecast: key trading points Market focus: market participants await US labour market data, with nonfarm payrolls and the unemployment rate due today […]
The US 30 index failed to secure above the 45,000.0 level within the current uptrend. Find more in our US 30 price forecast and analysis for next week, 9-13 December 2024. US 30 forecast: key trading points Recent data: US initial jobless claims came in at 224 thousand Economic indicators: initial jobless claims reflect the […]