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 […]
The US Tech stock index growth rate has slightly slowed, but the likelihood of reaching a new all-time high is still relatively high. More details in our US Tech price forecast and analysis for next week, 2-6 December 2024. US Tech forecast: key trading points Recent data: new home sales in the US primary real […]
The USDCAD rate strengthens despite yesterday’s rebound from the key resistance level. Discover more in our analysis for 27 November 2024 USDCAD forecast: key trading points The US Federal Reserve noted uncertainty in economic data, which complicates interest rate decisions The Bank of Canada is considering further rate cuts; however, the chances of a 50-basis-point […]
The ECB meeting and the actual US GDP reading may support the euro. Find out more in our analysis for 27 November 2024. EURUSD forecast: key trading points The European Central Bank meeting on non-monetary policy issues US Q3 core PCE price index: previously at 2.2%, projected at 2.2% US Q3 GDP: previously at 2.8%, […]
From 5 July to 5 August 2024, Microsoft Corporation’s shares declined by 17%. Despite the company meeting all forecasted targets, investors are concerned about the slowing growth rates amid rising expenses for developing and implementing artificial intelligence (AI). Clearly, market participants are uncertain about Microsoft’s ability to monetise AI within its products effectively. However, there has […]
The USDCHF pair shows moderate gains with accelerated growth potential. Find out more in our analysis for 26 November 2024. USDCHF forecast: key trading points The USDCHF pair is poised for growth The SNB prioritises low inflation USDCHF forecast for 26 November 2024: 0.8815 Fundamental analysis The USDCHF rate is hovering around 0.8863. The Swiss […]
The JP 225 H4 chart shows a consolidation within a limited price range. The JP 225 forecast for next week is neutral. JP 225 forecast: key trading points Recent data: Japan’s Leading Economic Index for September was revised downward to 109.1 points from the preliminary 109.4 Economic indicators: this index evaluates the economic outlook for […]
Brent prices plummeted on Monday following easing tensions in the Middle East, with support emerging at 72.00 USD during today’s Asian session. More details in our Brent analysis for today, 26 November 2024. Brent forecast: key trading points Current trend: trading within a broad sideways range Market focus: peace talks in the Middle East contribute […]