News

Oct 10
AUDUSD found temporary support near 0.6700

AUDUSD quotes have halted their decline and are attempting to reverse upwards after encountering demand from buyers near 0.6700. More details can be found in our analysis for 10 October 2024. AUDUSD forecast: key trading points The AUDUSD pair has found support and is trying to reverse upwards The AUD rate is under pressure due […]

Oct 10
Silver (XAGUSD) prices corrected towards 30.00 USD

XAGUSD prices are trading within a downward correction, edging down to the support area near 30.00 USD. The focus is now on US inflation data. Our XAGUSD analysis for today, 10 October 2024, provides further details and insights. Silver forecast: key trading points Market focus: market participants await the US Consumer Price Index (CPI) statistics […]

Oct 10
USDJPY: Japan’s producer prices rising for 43 months

The USDJPY rate is slightly strengthening in its attempt to break above the key resistance level. Find out more in our analysis for 10 October 2024. USDJPY forecast: key trading points The yen is weakened due to the cautious stance of the Japanese authorities against interest rate hikes Japan’s producer prices rose by 2.8% year-on-year […]

Oct 09
USDJPY is in a consolidation phase: the market requires new signals

The USDJPY pair has been holding in a range for the third day. Investors are cautious. Find out more in our analysis for 9 October 2024. USDJPY forecast: key trading points The USDJPY pair has started to consolidate Investors are conserving strength in anticipation of the latest Federal Reserve meeting minutes USDJPY forecast for 9 […]

Oct 09
Gold (XAUUSD) continues to correct, falling to the area near 2,600 USD

The XAUUSD price continues to correct downwards following Friday’s positive US labour market data release. Today’s market focus is on the Fed meeting minutes. Our XAUUSD analysis for today, 9 October 2024, provides further details and insights. XAUUSD forecast: key trading points Market focus: market participants await the release of the Federal Reserve September meeting […]

Oct 09
Micron’s 93% revenue growth draws investors’ attention. The uptrend is just beginning

Micron Technology Inc. (NYSE: MU) has recovered from last year’s losses and is rapidly increasing revenues and net income growth, surprising market participants and exceeding expert forecasts. The previous quarter’s report, released on 25 September, shows a 93% revenue increase. Given this context, is it wise to invest in Micron stock? The article provides a […]