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The USDJPY pair is falling rapidly. The Bank of Japan has done its utmost to support the yen. Find out more in our analysis dated 31 July 2024. USDJPY trading key points The Bank of Japan raised the interest rate to 0.25% The USDJPY rate is declining rapidly USDJPY forecast for 31 July 2024: 151.26 […]

The US Tech stock index plunged by over 10% from its all-time high. The US Tech index forecast suggests a continued decline in line with the downtrend. US Tech trading key points Recent data: US job openings (JOLTS) reached 8.18 million, exceeding analysts’ expectations Economic indicators: strong employment market data may lead the US Federal […]

According to the API data, Brent prices have fallen below 80.00 USD despite decreasing oil inventories. Today, the market awaits the outcome of the Federal Reserve’s meeting. Find out more in the Brent analysis dated 31 July 2024. Brent trading key points API data: US crude oil stocks decreased by 4.49 million barrels Market focus: […]

The USDCHF pair has been rising, with this trend persisting for the third consecutive day due to the strength of the US dollar. Find out more in our analysis dated 30 July 2024. USDCHF trading key points The USDCHF pair depends on US dollar movements Switzerland’s domestic statistics have minimal impact on USDCHF dynamics USDCHF […]

The XAUUSD price is attempting to break out of a descending price channel as market participants await the Federal Reserve’s decision and US employment market statistics this week. Find out more in our XAUUSD analysis for today, 30 July 2024. XAUUSD trading key points Market focus: market participants await the Federal Reserve’s decision and US […]

The EURUSD rate corrected on Tuesday following an aggressive decline a day earlier. Why does the market remain cautious? Find out more in the analysis dated 30 July 2024. EURUSD trading key points The market awaits the Federal Reserve meeting on Wednesday for potential interest rate cut signals Today, traders will focus on the June […]