News

Aug 09
NZDUSD continues to regain ground after decline

Despite a reduction in NZD speculative net positions, the NZDUSD pair continues to strengthen. The New Zealand dollar is gaining against the US dollar. Find out more in our analysis for today, 9 August 2024. NZDUSD trading key points CFTC Gold speculative net positions: previously at 246.6 thousand CFTC NZD speculative net positions: previously at […]

Aug 09
US 30 analysis: the downtrend is expected to continue next week

During a significant stock market decline, the US 30 stock index broke below the ascending channel’s support line and the main support level. The US 30 forecast for next week suggests a further decline. US 30 trading key points Recent data: initial jobless claims reached 233 thousand Economic indicators: the employment market is the main […]

Aug 09
Gold (XAUUSD) rises moderately, returning to the price area above 2,400 USD

XAUUSD price reversed upwards and closed yesterday’s session with a moderate gain, establishing a foothold above 2,400. The upward movement may continue. Find out more in our XAUUSD analysis for today, 9 August 2024. XAUUSD trading key points Market focus: gold prices are rising amid geopolitical tensions in the Middle East Current trend: gold is […]

Aug 08
EURUSD continues to correct after a surge

A decrease in France’s balance of trade and US initial jobless claims may fuel a continuation of the EURUSD correction. Find out more in our analysis dated 8 August 2024. EURUSD trading key points France’s exports: previously at 50.4 billion EUR France’s imports: previously at 58.2 billion EUR France’s balance of trade: previously at -8.0 […]

Aug 08
RBA’s hawkish comments support AUDUSD

The AUDUSD rate is rising on Thursday morning; buyers are testing the resistance area. Find out more in our analysis dated 8 August 2024. AUDUSD trading key points The Reserve Bank of Australia left the interest rate unchanged at 4.35% for the sixth consecutive time The Australian dollar reached a two-week high against the US […]

Aug 08
DE 40 analysis: recovery is slowing; a decline will continue

The DE 40 stock index fell by 9.88% from its all-time high, exiting a sideways channel on Monday. The DE 40 index forecast suggests a further decline. DE 40 trading key points Recent data: Germany’s factory orders unexpectedly rose by 3.9% in June, exceeding analysts’ forecast of 0.5% Economic indicators: the German economy largely depends […]