The EURUSD pair starts the week quietly, with the US dollar maintaining its strength. Find out more in our analysis for 18 November 2024. EURUSD forecast: key trading points The EURUSD pair opened the week on a stable note All market sympathies are with the US dollar as investors expect reduced activity from the Federal […]
The US 500 stock index declined by 2.85%, but the overall trend remains upward. Find out more in our US 500 price forecast and analysis for next week, 25-29 November 2024. US 500 forecast: key trading points Recent data: US industrial production decreased by 0.3% in October Economic indicators: this measure tracks the output of […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 18-22 November 2024. EURUSD forecast The EURUSD pair has formed a broad consolidation range around 1.0800. Breaking below this range, it completed a move to 1.0495. The market continues to develop a downward movement towards 1.0400, […]
XAUUSD prices declined to 2,536 USD within a correction last week, where they encountered strong demand and formed a local upward reversal. More details in our XAUUSD analysis for today, 18 November 2024. XAUUSD forecast: key trading points Market focus: last week’s US inflation data aligned with forecasts Current trend: correcting within an uptrend XAUUSD […]
The USDJPY rate is rising after rebounding from the 153.90 support level. Discover more in our analysis for 18 November 2024. USDJPY forecast: key trading points BoJ Governor Kazuo Ueda indicated a potential rate hike but provided no specifics Jerome Powell reaffirmed that no interest rate cut is expected in the near term Markets continue […]
The NZDUSD pair paused its decline, with the Kiwi under pressure from the strong US dollar. Find out more in our analysis for 15 November 2024. NZDUSD forecast: key trading points The NZDUSD pair has temporarily halted its decline The instrument is hovering near an annual low, and the outlook remains negative NZDUSD forecast for […]
The US 30 stock index corrected by 2.30% after reaching an all-time high. However, it is too early to consider a trend reversal. Discover more in our US 30 price forecast and analysis for next week, 18-22 November 2024. US 30 forecast: key trading points Recent data: the Producer Price Index (PPI) was 2.4% year-on-year […]
The USDJPY pair continues its ascent as investors assess Japan’s GDP data. Discover more in our analysis for 15 November 2024. USDJPY forecast: key trading points The USDJPY pair moves in line with the rally Investors assess the latest Japanese GDP statistics USDJPY forecast for 15 November 2024: 157.15 Fundamental analysis The USDJPY rate surged […]
XAUUSD prices plunged to 2,536 USD within a correction amid the significant strengthening of the US dollar. The asset encountered strong demand at this level and is attempting a reversal upwards. Find out more in our XAUUSD analysis for today, 15 November 2024. XAUUSD forecast: key trading points Market focus: market participants await US retail […]
The Eurogroup’s meeting and weaker US retail sales may give the euro hope of regaining ground against the US dollar. More details in our analysis for 15 November 2024. EURUSD forecast: key trading points The Eurogroup’s meeting The European Union’s economic outlook US retail sales (m/m): previously at 0.4%, projected at 0.3% The core US […]