News
The USDJPY rate is rising, and buyers are poised to test the 157.85 resistance level. Find out more in our analysis for 24 December 2024. USDJPY forecast: key trading points There remains a risk of Japanese authorities intervening in the currency market to support the yen in case of its further weakening Traders are uncertain […]
The stock indices resumed growth after a correction. Find out more in our analysis and forecast for the leading global indices for 24 December 2024. US indices forecast: US 30, US 500, US Tech Recent data: the PCE Price Index came in at 2.4% year-on-year Market impact: easing inflationary pressures, coupled with expectations of a […]
The era of stringent regulatory pressure from the Chinese government on Alibaba is over. In 2024, Chinese authorities’ rhetoric towards business shifted, and the government is now seeking ways to provide support. The mere news of China’s economic stimulus increased Alibaba’s shares by 10.0%. It may now be the right time to consider investing in […]
Following a decline, Brent crude oil is attempting a recovery, with a potential growth target of 73.00. Discover more in our analysis for 24 December 2024. Brent forecast: key trading points Brent crude oil futures show growth on the London Stock Exchange Market participants anticipate a pre-New Year rally Brent forecast for 24 December 2024: […]
Gold (XAUUSD) continues to strengthen amid limited news coverage, with a potential growth target of 2,650. Find out more in our XAUUSD analysis for today, 24 December 2024. XAUUSD forecast: key trading points The Richmond Fed Manufacturing Index: previously at -14, projected at -10 Current trend: upward movement XAUUSD forecast for 24 December 2024: 2,650 […]
The EURUSD pair may continue its corrective wave towards 1.0464, influenced by US economic indicators. Find out more in our analysis for 23 December 2024. EURUSD forecast: key trading points Spain’s Q3 GDP: previously at 0.8%, projected at 0.8% US durable goods orders: previously at 0.2%, projected at 0.2% EURUSD forecast for 23 December 2024: […]