Category: Technial Analysis
The EURUSD rate is testing the crucial 1.0580 resistance level. Discover more in our analysis for 29 November 2024. EURUSD forecast: key trading points Hawkish comments from an ECB official support the euro’s rally Germany’s annual inflation rose to 2.2% in November 2024, with core inflation up to 3.0% The likelihood of a 50-basis-point ECB […]
The USDJPY rate fell below 150.00 amid positive fundamental data from Japan. More details in our analysis for 29 November 2024. USDJPY forecast: key trading points Tokyo’s core CPI in November: previously at 1.8%, currently at 2.2% Japan’s industrial production in October: previously at 1.6%, currently at 3.0% Japan’s retail sales (y/y): previously at 0.6%, […]
This week, XAUUSD prices received support from buyers at the 2,600 USD level and reversed upwards, with growth likely to continue. More details in our XAUUSD analysis for today, 29 November 2024. XAUUSD forecast: key trading points Market focus: the US markets are closed as the country celebrates Thanksgiving Day Current trend: Upward movement XAUUSD […]
The EURUSD pair is on the rise. Investors are evaluating the US GDP and core PCE data. Find out more in our analysis for 28 November 2024. EURUSD forecast: key trading points The EURUSD pair has risen and stabilised Investors are assessing statistics and the risks of new tariff complications EURUSD forecast for 28 November […]
The Australian dollar is awaiting the speech of the Reserve Bank of Australia Governor. More details in our analysis for 28 November 2024. AUDUSD forecast: key trading points Thanksgiving Day in the US A speech by Reserve Bank of Australia Governor Michele Bullock Australia’s building capital expenditure in Q3: previously at -3.8%, currently at 1.1% […]
The USDJPY rate is recovering after falling for two days. Discover more in our analysis for 28 November 2024. USDJPY forecast: key trading points The Japanese yen has strengthened by over 2.6% in the past two days due to expectations of a monetary policy tightening by the BoJ The Bank of Japan’s chief hinted at […]
This week, the DE 40 stock index continues to appreciate, securing above the psychologically important 19,000.0 level. The DE 40 forecast for next week is neutral. DE 40 forecast: key trading points Recent data: the GfK Consumer Climate Indicator for Germany fell to -23.3 points in December Economic indicators: the GfK Consumer Climate Indicator measures […]
The XAGUSD pair entered a downward correction, trading below the psychologically significant 30.00 USD level. Discover more in our Silver price analysis for today, 28 November 2024. XAGUSD forecast: key trading points Market focus: the US markets are closed as the country celebrates Thanksgiving Day Current trend: moving downwards XAGUSD forecast for 28 November 2024: […]
XAUUSD prices continue a moderate correction following last week’s surge. The quotes are now attempting to reverse upwards and continue their ascent. More details in our XAUUSD analysis for today, 27 November 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting the US Q3 GDP data today Current trend: moving upwards XAUUSD […]
The USDJPY pair is declining. The market awaits decisive moves from Japan’s regulator. Find out more in our analysis for 27 November 2024 USDJPY forecast: key trading points The USDJPY pair has been declining for three consecutive days Investors expect a December interest rate hike by the Bank of Japan USDJPY forecast for 27 November […]
