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XAUUSD price has entered a local correction after reaching a new all-time high of 2,758 USD. Once this phase is complete, growth may resume. More details in our XAUUSD analysis for today, 25 October 2024. XAUUSD forecast: key trading points Market focus: US statistics on durable goods orders and the Michigan Consumer Sentiment Index are […]
A speech by ECB official Elizabeth McCaul, the IMF meeting, and rising inflation in the US could support the euro. Discover more in our analysis for 25 October 2024. EURUSD forecast: key trading points A speech by a member of the Supervisory Board (ECB representative), Elizabeth McCaul The International Monetary Fund meeting The expected University […]
The NZDUSD rate is declining within a descending channel, attempting to secure a position below the support level. Find out more in our analysis for 25 October 2024. NZDUSD forecast: key trading points RBNZ Governor Adrian Orr confirmed that the low inflation target is attainable, adding to arguments for an interest rate cut in November […]
The AUDUSD pair remains in a downward trend, pausing for corrections. Risk appetite is weak. Discover more in our analysis for 24 October 2024. AUDUSD forecast: key trading points The AUDUSD pair declines The RBA is expected to keep the interest rate unchanged this year AUDUSD forecast for 24 October 2024: 0.6696 Fundamental analysis The […]
The DE 40 stock index has entered a downtrend after reaching a new all-time high. The DE 40 forecast for next week is pessimistic. DE 40 forecast: key trading points Recent data: Germany’s preliminary manufacturing PMI for October was 42.6 points Economic indicators: the manufacturing PMI reflects changes in activity in the German manufacturing sector […]
The US and Japan’s PMI data, supported by US jobless claims, could influence the movements of USDJPY. Find out more in our analysis for 24 October 2024. USDJPY forecast: key trading points Japan’s manufacturing PMI: previously at 49.7, currently at 49.0 Japan’s services PMI: previously at 53.1, currently at 49.3 US initial jobless claims: previously […]