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The JP 225 stock index is again trading within a sideways channel between the current resistance and support levels without a clear trend. The JP 225 forecast for next week is pessimistic. JP 225 forecast: key trading points Recent data: the Composite PMI reached 52 in September Economic indicators: the index reflects the level of […]
The USDJPY pair is starting to undergo a correction as the US dollar appears overvalued. Find out more in our analysis for 8 October 2024. USDJPY forecast: key trading points The USDJPY pair is poised for a correction The yen is recovering after plunging to a seven-week low USDJPY forecast for 8 October 2024: 146.60, […]
The USDCHF pair declined after last week’s rise. The market is moving out of its overbought status. Find out more in our analysis for 8 October 2024. USDCHF forecast: key trading points The USDCHF pair is declining The market is moving out of its overbought status after last week’s rally USDCHF forecast for 8 October […]
The EURUSD rate rose after rebounding from the 1.0955 support level. More details and insights are available in our EURUSD analysis for today, 8 October 2024. EURUSD forecast: key trading points The robust US labour market report reduced expectations of a 50-basis-point Federal Reserve rate cut Traders estimate the likelihood of a 25-basis-point Federal Reserve […]
XAUUSD price is moderately correcting downwards after Friday’s positive US employment market data release, while a triangle pattern continues forming on the chart. Read our XAUUSD analysis for today, 7 October 2024, for more detailed insights. XAUUSD forecast: key trading points Market focus: US employment market statistics exceeded forecasts Current trend: a moderate correction is […]
The EURUSD pair continues to decline, with the market increasingly favouring the US dollar. Find out more in our analysis for 7 October 2024. EURUSD forecast: key trading points The EURUSD pair has fallen to a two-month low US dollar advocates no longer expect the Federal Reserve to cut interest rates rapidly EURUSD forecast for […]