News

Dec 19
EURUSD declines after Powell’s comments

The EURUSD rate retreated sharply to 1.0350 following the US Federal Reserve meeting and subsequent comments from Jerome Powell. Find out more in our analysis for 19 December 2024. EURUSD forecast: key trading points The US Federal Reserve lowered the interest rate by 0.25% Stock markets are in negative territory, while the US dollar strengthens […]

Dec 19
Gold (XAUUSD) prices fell by 2%: the Federal Reserve’s pressure cannot be ignored

Gold is consolidating around 2,610 USD after a collapse, with prices facing significant pressure from the Federal Reserve’s stance. Discover more in our analysis for 19 December 2024. XAUUSD forecast: key trading points Gold (XAUUSD) prices fell by more than 2% yesterday The US Federal Reserve’s consistent stance for 2025 suggests only two rate cuts, […]

Dec 18
EURUSD: US retail sales exceed forecasts

The EURUSD rate is slightly rising, with buyers aiming to test the 1.0525 resistance level. More details in our analysis for 18 December 2024. EURUSD forecast: key trading points The markets expect the Federal Reserve to lower the interest rate by 25 basis points with a 95.4% likelihood US retail sales rose by 0.7% in […]

Dec 18
Bank of America stock forecast: further growth of shares is in jeopardy

In October 2023, the price of 20-year Treasury bonds hit a low of 79 USD before starting to recover. A week later, Bank of America shares, which had dropped to 24 USD since January 2022, began to climb, targeting their all-time high of 46 USD. In 2020-2021, the bank purchased bonds worth over 680 billion USD, […]

Dec 18
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 18 December 2024

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 18 December 2024. EURUSD forecast The EURUSD H4 chart shows that the market has declined to 1.0478. Today, 18 December 2024, it has corrected towards 1.0515. Another downward wave structure is currently developing, aiming for 1.0475. […]

Dec 18
USDJPY: the yen capitalises on every opportunity to strengthen

The USDJPY rate continues to decline in anticipation of the Federal Reserve’s interest rate decision, with the target at 152.88. Find out more in our analysis for 18 December 2024. USDJPY forecast: key trading points Japan’s exports in November: previously at 3.1%, currently at 3.8% The US Federal Reserve interest rate decision: previously at 4.75%, […]