Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 11 – 15 November 2024. EURUSD forecast The EURUSD pair has completed a downward wave, reaching 1.0680, the initial target. A consolidation range is expected to form at the low point of this wave. A breakout […]
XAUUSD prices remain within a correction following Donald Trump’s victory in the US election. The asset attempted to reverse upwards from the 2,643 USD support level but is now declining again. More details in our XAUUSD analysis for today, 11 November 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting US inflation […]
The US 500 stock index is in an uptrend and will likely reach another all-time high. Find out more in our US 500 price forecast and analysis for next week, 18-22 November 2024. US 500 forecast: key trading points Recent data: the US Federal Reserve lowered the interest rate to 4.75% Economic indicators: the interest […]
The euro remains under pressure after the US election. Find out more in our analysis for 11 November 2024. EURUSD forecast: key trading points Today is a public holiday in the US – Veterans Day No crucial economic statistics are scheduled for today EURUSD forecast for 11 November 2024: 1.0680 Fundamental analysis The euro continues […]
The EURUSD pair is losing ground. The market can now take a slight respite following the Federal Reserve’s decision. Find out more in our analysis for 8 November 2024. EURUSD forecast: key trading points The EURUSD pair declines again Investors have received a wealth of data and will now analyse it more closely EURUSD forecast […]
The US 30 stock index has reached a new all-time high and is rising steadily following the US Federal Reserve’s key rate cut. Find out more in our US 30 analysis and forecast for next week, 11-17 November 2024. US 30 forecast: key trading points Recent data: the US Federal Reserve lowered the interest rate […]
Japan’s household spending is gradually increasing, along with other fundamental indicators, positively impacting the yen. Discover more in our analysis for 8 November 2024. USDJPY forecast: key trading points Japan’s household spending index: previously at -1.9%, currently at -1.1% Japan’s Leading Economic Index: previously at 106.9, currently at 109.4 The University of Michigan US inflation […]
The US dollar continues to lose ground against the New Zealand dollar amid fundamental data. Find out more in our analysis for 8 November 2024. NZDUSD forecast: key trading points CFTC NZD speculative net positions: previously at -2.2 thousand The University of Michigan Consumer Sentiment Index: previously at 70.5, projected at 71.0 A speech by […]
XAUUSD prices declined to 2,643 USD as part of a correction amid the US dollar’s strengthening, driven by the US election. The asset encountered strong demand at this level and is attempting to reverse upwards. More details in our XAUUSD analysis for today, 8 November 2024. XAUUSD forecast: key trading points Market focus: Donald Trump […]
The USDJPY pair is appreciating rapidly, with the yen under pressure from the strong US dollar. Find out more in our analysis for 7 November 2024. USDJPY forecast: key trading points The USDJPY pair has reached a three-month peak The market does not rule out the possibility of financial interventions by the Bank of Japan […]