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XAUUSD price continues its upward rally, hitting new all-time highs daily. The next target for growth could be the 2,750 USD level. Find out more in our XAUUSD analysis for today, 21 October 2024. XAUUSD forecast: key trading points Market focus: gold has confidently held above 2,700 USD Current trend: trading in an uptrend XAUUSD […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 21 – 25 October 2024. EURUSD forecast The EURUSD pair continues its downward momentum towards 1.0770, the first estimated target. After the price reaches this level, a correction is expected, aiming for at least 1.0990 (testing […]
The US 500 stock index is in a strong uptrend and has the potential for further growth; there are no signs of a possible correction. The US 500 forecast for next week is positive. US 500 forecast: key trading points Recent data: US industrial production decreased by 0.3% in September from the August reading Economic […]
The EURUSD rate declines after rebounding from the 1.0870 resistance level. Find out more in our analysis for 21 October 2024. EURUSD forecast: key trading points The US dollar has strengthened for the third consecutive week amid expectations of a softer Federal Reserve rate cut Markets estimate the likelihood of a 25-basis-point Fed rate cut […]
The IMF meeting and Neel Kashkari’s speech may further bolster the US dollar. Discover more in our analysis for 21 October 2024. USDJPY forecast: key trading points A speech by FOMC member Neel Kashkari The International Monetary Fund meeting The US Leading Economic Index, m/m: previously at -0.2%, projected at -0.3% USDJPY forecast for 21 […]
The US 30 stock index reached another all-time high and will likely be poised for further growth, supported by investor confidence in anticipated US Federal Reserve key rate cuts. The US 30 forecast for next week is moderately positive. US 30 forecast: key trading points Recent data: initial jobless claims reached 241,000 over the past […]