The NZDUSD rate is declining, with sellers poised to test the 0.5845 support level. More details in our analysis for 6 December 2024. NZDUSD forecast: key trading points The markets await the US employment report, which could shape the Federal Reserve’s further actions The likelihood of a 25-basis-point interest rate reduction by the US regulator […]
The AUDUSD pair has paused around 0.6434. The Australian dollar could tumble at any moment. Find out more in our analysis for 5 December 2024. AUDUSD forecast: key trading points The AUDUSD pair halted its decline The market capitalised on trade surplus statistics to pause AUD sales AUDUSD forecast for 5 December 2024: 0.6480 Fundamental […]
The DE 40 stock index is rapidly strengthening this week and has firmly established itself above the psychologically important 20,000.0 level. The DE 40 forecast for next week remains positive. DE 40 forecast: key trading points Recent data: Germany’s factory orders decreased by 1.5% in October, outperforming projections of a 2.0% decline Economic indicators: factory […]
The XAGUSD pair is still trading within a downward correction. However, there are preconditions for its completion and an upward reversal. More details in our Silver price analysis for today, 5 December 2024. XAGUSD forecast: key trading points Market focus: market participants will receive US labour market statistics tomorrow, with reports on nonfarm payrolls and […]
If US unemployment figures improve, the US dollar will strengthen its position, and the USDJPY rate could move towards the 152.50 level. Discover more in our analysis for 5 December 2024. USDJPY forecast: key trading points A speech by Bank of Japan Policy Board member Toyoaki Nakamura Continuing US jobless claims: previously at 1,907k, projected […]
The EURUSD rate is approaching the crucial 1.0535 resistance level and poised to breach it. More details in our analysis for 5 December 2024. EURUSD forecast: key trading points The US services PMI fell to 52.1 points in November, reaching its lowest level in three months The likelihood of a 25-basis-point Federal Reserve interest rate […]
The EURUSD pair is stable around the 1.0502 level. The market is conserving strength ahead of US statistics. More details in our analysis for 4 December 2024. EURUSD forecast: key trading points The EURUSD pair remains in a consolidation phase Market participants are awaiting November US employment reports EURUSD forecast for 4 December 2024: 1.0628 […]
XAUUSD prices are consolidating within a narrow range, close to 2,650 USD, as market participants await today’s ADP US employment statistics. Find out more in our XAUUSD analysis for today, 4 December 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting today’s ADP US labour market data Current trend: consolidating within the […]
The US Tech index has surpassed the 21,300.0 level within the current uptrend. More details in our US Tech price forecast and analysis for next week, 9-13 December 2024. US Tech forecast: key trading points Recent data: JOLTS job openings totalled 7.74 million in October Economic indicators: this figure shows labour demand in the economy […]
The USDJPY rate is correcting, with buyers preparing to test the 150.25 resistance level. Discover more in our analysis for 4 December 2024. USDJPY forecast: key trading points The Bank of Japan has yet to decide on the timing of monetary policy tightening The markets estimate the likelihood of a 25-basis-point BoJ interest rate hike […]