Category: Technial Analysis

Jan 22
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 22 January 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 22 January 2025. EURUSD forecast On the H4 chart, EURUSD has formed a consolidation range around 1.0370. On 22 January 2025, an upward breakout could lead to a growth wave towards 1.0440. After reaching this target, […]

Jan 22
Gold (XAUUSD) is on the rise amid uncertainty and central banks’ purchases

XAUUSD quotes are rising after breaking above a resistance level, with the current price at 2,747 USD. More details in our analysis for 22 January 2025. XAUUSD forecast: key trading points Buyers have surpassed the key resistance level of 2,725 USD The main drivers of Gold’s price increase are the unpredictability of Donald Trump’s trade policy […]

Jan 22
USDJPY holds steady ahead of the Bank of Japan meeting

The USDJPY pair is hovering around 155.80, with the market focus on the future BoJ interest rate decision. Discover more in our analysis for 22 January 2025. USDJPY forecast: key trading points The USDJPY pair is subdued, awaiting news The market forecasts a Bank of Japan interest rate hike at the upcoming meeting USDJPY forecast […]

Jan 22
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent technical analysis and forecast for 21 January 2025

Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 21 January 2025. EURUSD forecast On the H4 chart, EURUSD expanded its consolidation range to 1.0430. A decline to 1.0360 is expected on 21 January 2025, with a potential consolidation range forming around this level. A […]

Jan 21
EURUSD rose and paused: trade tariffs are still a key concern

The EURUSD quotes are hovering near 1.0391 on Tuesday. Trump’s first day in office has been eventful. Find out more in our analysis for 21 January 2025. EURUSD forecast: key trading points The EURUSD pair rose and paused Trump postponed trade tariffs on China, delighting risk-sensitive assets EURUSD forecast for 21 January 2025: 1.0433 Fundamental […]

Jan 21
JPMorgan Chase & Co. (JPM) and Bank of America Corp (BAC): Q4 2024 earnings reports and stock forecasts

JPMorgan Chase & Co. (NYSE: JPM) and Bank of America (NYSE: BAC) exceeded expectations with stronger-than-anticipated earnings, driving their shares higher to test all-time highs. The banks’ management expects improved financial performance in 2025, which could boost their share pieces further. This article highlights the key data from JPMorgan Chase & Co. and Bank of […]

Jan 21
Brent prices are consolidating before rising

Brent prices may surge towards the 81.50 resistance level, having completed a corrective wave. Find out more in our analysis for 21 January 2025. Brent forecast: key trading points Brent prices are attempting to regain their position after a decline Brent forecast for 21 January 2025: 78.00 and 81.50 Fundamental analysis Brent’s fundamental analysis for […]

Jan 21
Gold (XAUUSD) holds steadily above 2,700 USD

Gold quotes have consolidated above 2,700 USD, and a Triangle pattern has formed on the daily chart. More details in our XAUUSD analysis for today, 21 January 2025. XAUUSD forecast: key trading points Donald Trump has officially taken office as the US President Current trend: Gold is trading above 2,700 US, and the uptrend remains […]

Jan 21
JPMorgan Chase & Co. stock forecast: record revenues drive the bank’s stock

Despite the US interest rate reduction, which exerts pressure on banks’ interest income, JPMorgan Chase & Co. delivered better-than-expected Q4 2024 results, posting the highest annual profit in the bank’s history. Following this news, JPM shares reached a new all-time high of 253 USD. This article provides an overview of JPMorgan Chase & Co. bank, […]

Jan 21
USDJPY is under pressure ahead of the BoJ decision

The USDJPY rate is correcting, though the currency pair remains under pressure, with the price currently at 155.50. Discover more in our analysis for 21 January 2025. USDJPY forecast: key trading points The Japanese yen has strengthened for the second consecutive week, driven by market expectations of a BoJ interest rate hike The Bank of […]