News

Aug 21
US Tech analysis: the index is likely to maintain upward momentum after correction

The US Tech index closed Tuesday’s trading session with a 0.35% decline. Ahead of the FOMC minutes release, the index may continue to correct before resuming its upward trend. US Tech forecast: key trading points The FOMC minutes release US initial jobless claims: previously at 227,000, projected at 233,000 Resistance: 19,777.7, Support: 17,260.0 US Tech […]

Aug 21
USDJPY is at a two-week low: the US dollar remains weak

The USDJPY pair continues to decline, with sentiment towards the US dollar decreasing. Find out more in our analysis dated 21 August 2024. USDJPY forecast: key trading points The USDJPY pair weakens further Investors are focused on the upcoming decisions of the US Federal Reserve USDJPY forecast for 21 August 2024: 147.77, 150.55, and 156.00 […]

Aug 20
JP 225 analysis: the index is rising, but investors are awaiting signals from the Fed and Japan’s inflation data

The JP 225 index is attempting to gain a foothold above the resistance level on Tuesday. Find out more in our analysis dated 20 August 2024. JP 225 forecast: key trading points Analysts forecast a fall in inflation in Japan, which may impact the BoJ’s decisions Released data on machinery orders and Q2 GDP growth […]

Aug 20
USDJPY: the US dollar strengthens again; the yen loses ground

The USDJPY pair is attempting to regain ground after a decline. The Japanese prime minister elections are scheduled for 27 September. Find out more in our analysis dated 20 August 2024. USDJPY forecast: key trading points A speech by Federal Open Market Committee (FOMC) member Raphael W. Bostic A speech by Vice Chair for Supervision […]

Aug 20
Brent crude oil is trading below 77.00 USD; focus on the API oil stock data today

Brent price has been falling for the third consecutive trading session amid declining economic activity in China and the Middle East negotiations. Find out more in our Brent analysis for today, 20 August 2024. Brent forecast: key trading points US data: the market awaits data on the API US crude oil stocks Brent forecast for […]

Aug 20
USDCHF declines further: a weak US dollar is of no interest to anyone

The USDCHF pair is tumbling. The market is gearing up for an imminent Federal Reserve interest rate cut. Find out more in our analysis dated 20 August 2024. USDCHF forecast: key trading points The USDCHF pair declines further The market is working against the US dollar USDCHF forecast for 20 August 2024: 0.8833 and 0.9070 […]