News

Oct 04
Gold (XAUUSD) reversed upwards ahead of Nonfarm Payrolls

The XAUUSD price reversed upwards, forming a Triangle pattern. Today, the key focus for market participants is the US employment data – read our XAUUSD analysis for today, 4 October 2024, for more detailed insights. XAUUSD forecast: key trading points Market focus: market participants are anticipating today’s US labour market data release, which could heavily […]

Oct 04
US 30 analysis: the index has failed to consolidate above the resistance level of 42,340.0 for over a week

The US 30 stock index is in an uptrend but has failed to overcome the resistance level at 42,340.0 for more than a week. The US 30 forecast for the next week is moderately positive. US 30 forecast: key trading points Recent data: Initial Jobless Claims totalled 225,000 for the week Economic indicators: reflect the […]

Oct 04
EURUSD forecast: the euro continues to lose ground against the dollar

Job growth and the projected unemployment rate in the US may put pressure on the euro. Read more in our EURUSD analysis for today, 4 October 2024. EURUSD forecast: key trading points Speech by European Central Bank Vice President Luis de Guindos Change in the number of employed in US nonfarm payrolls: previously 142 thousand, […]

Oct 03
Silver (XAGUSD) corrects down from resistance at 32.30 USD

The XAGUSD price failed to overcome the resistance at 32.30 USD yesterday and entered a downward correction. Tomorrow, market participants will focus on US labour market data. Read about it in our XAGUSD analysis for today, 3 October 2024. Silver forecast: key trading points Market focus: market participants are awaiting tomorrow’s US labour market statistics […]

Oct 03
AUDUSD analysis: the market remains cautious as AUDUSD continues to decline

The AUDUSD is steadily moving away from its recent highs, with the strength of the US dollar applying consistent downward pressure on the Australian dollar (AUD). More details can be found in our AUDUSD analysis and forecast for 3 October 2024. AUDUSD forecast: key trading points AUDUSD is moving away from the highs AUDUSD is […]

Oct 03
EURUSD forecast: strong US employment data puts pressure on the euro

EURUSD is declining for the fifth consecutive trading session. Read more in our comprehensive EURUSD analysis for today, 3 October 2024. EURUSD forecast: key trading points In September, the number of jobs in the US private sector increased by 143,000 The US manufacturing sector continues to shrink, with the ISM index at 47.2 points, indicating […]