The AUDUSD pair edges lower, gradually reaching the 0.6200 support level. The current downtrend remains, with the pair likely to decline further. Discover more in our analysis for 27 December 2024 AUDUSD forecast: key trading points The AUDUSD pair is trading within a stable downtrend Market participants expect the RBA to lower the cash rate […]
The stock indices resumed growth after a correction. Find out more in our analysis and forecast for the leading global indices for 24 December 2024. US indices forecast: US 30, US 500, US Tech Recent data: the PCE Price Index came in at 2.4% year-on-year Market impact: easing inflationary pressures, coupled with expectations of a […]
The increase in Tokyo’s core CPI and the stabilisation of unemployment in Japan contributed to the yen’s temporary strengthening. Following a correction in the USDJPY rate, the pair is expected to rise to 159.00. Find out more in our analysis for 27 December 2024. USDJPY forecast: key trading points Tokyo core CPI (y/y): previously at […]
The EURUSD rate declined after rising in the last trading session, with its current price at 1.0411. More details in our analysis for 27 December 2024. EURUSD forecast: key trading points The markets are pricing in a 35-basis-point Federal Reserve rate cut in 2025 US initial jobless claims decreased to 219 thousand, reaching the lowest […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 27 December 2024. EURUSD forecast On the EURUSD H4 chart, the market is forming a consolidation range around 1.0386. Today, 27 December 2024, it has expanded upwards to 1.0427. Subsequently, a downward expansion to 1.0333 is […]
XAUUSD quotes are experiencing slight volatility this week, remaining firmly above the 2,600 USD support level. Find out more in our XAUUSD analysis for today, 27 December 2024. XAUUSD forecast: key trading points Market focus: Gold is trading within a limited range due to the holiday week in Europe and the US Current trend: consolidating within […]
The EURUSD rate has declined slightly, with the current price at 1.0397. More details in our analysis for 24 December 2024. EURUSD forecast: key trading points Christine Lagarde stated that progress is being made in the fight against inflation as it approaches the 2.0% target in the eurozone The US Consumer Confidence Index fell to […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 24 December 2024. EURUSD forecast On the EURUSD H4 chart, the market is forming a downward wave structure towards the 1.0380 level. Today, 24 December 2024, the price will likely reach this target level. Subsequently, a […]
The USDJPY rate is rising, and buyers are poised to test the 157.85 resistance level. Find out more in our analysis for 24 December 2024. USDJPY forecast: key trading points There remains a risk of Japanese authorities intervening in the currency market to support the yen in case of its further weakening Traders are uncertain […]
The stock indices resumed growth after a correction. Find out more in our analysis and forecast for the leading global indices for 24 December 2024. US indices forecast: US 30, US 500, US Tech Recent data: the PCE Price Index came in at 2.4% year-on-year Market impact: easing inflationary pressures, coupled with expectations of a […]