The USDJPY rate corrected to the 156.75 support level today after a steady rise on Wednesday and Thursday. Discover more in our analysis for 20 December 2024. USDJPY forecast: key trading points The Bank of Japan left the interest rate unchanged at 0.25% Japan’s inflation is accelerating, with the Consumer Price Index (CPI) showing a […]
A potential rise in US inflation expectations offers hope for Gold to climb to 2,648. Discover more in our analysis for 20 December 2024. XAUUSD forecast: key trading points The US core PCE Price Index: previously at 2.8%, projected at 2.9% The US Michigan inflation expectations: previously at 2.6%, projected at 2.9% XAUUSD forecast for […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 19 December 2024. EURUSD forecast On the H4 chart, EURUSD rebounded from resistance at 1.0490, completing a downward wave structure targeting 1.0344. This marks the estimated target for the first wave of the decline. Today, 19 […]
Brent oil is correcting near the key support level of 72.45 USD. Find out more in our analysis for 19 December 2024. Brent forecast: key trading points Brent prices are declining, erasing yesterday’s gains The Federal Reserve signals a slower pace of interest rate cuts in 2025 US oil inventories decreased by 934 thousand barrels, […]
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 […]
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, […]
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 […]
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, […]
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. […]
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%, […]