The USDJPY pair is stuck in a consolidation phase, and the market is following the news. Find out more in our analysis for 11 October 2024. USDJPY forecast: key trading points The USDJPY pair continues to consolidate The yen is under pressure due to a strong US dollar and general uncertainty about further BoJ interest […]
The US 30 stock index significantly slowed its growth rate and will likely reverse into a downtrend. The US 30 forecast for next week is moderately negative. US 30 forecast: key trading points Recent data: the US Consumer Price Index (CPI) rose by 2.4% over the past 12 months Economic indicators: after labour market data, […]
The NZDUSD pair is rising, and investors are buying the Kiwi at lows. Discover more in our analysis for 11 October 2024. NZDUSD forecast: key trading points The NZDUSD pair begins its ascent Following a protracted decline, the NZD rate appears attractive to investors NZDUSD forecast for 11 October 2024: 0.6138, 0.6182, and 0.6214 Fundamental […]
The EURUSD rate shows slight growth after rebounding from the EMA-200. Find out more in our analysis for 11 October 2024. EURUSD forecast: key trading points The US Consumer Price Index decreased to 2.4%, coming in above the projected 2.3% and marking the lowest reading since February 2021 US core inflation rose to 3.3%, exceeding […]
XAUUSD price has completed a downward correction, with the chart showing an upward reversal. The market will focus on the US Producer Price Index (PPI) data. More details and insights are available in our XAUUSD analysis for today, 11 October 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting today’s US inflation […]
The EURUSD pair declined markedly. The market believes in the US dollar’s “exceptionalism”. Discover more in our analysis for 10 October 2024. EURUSD forecast: key trading points The EURUSD pair fell to a low seen on 13 August The market increasingly favours the US dollar EURUSD forecast for 10 October 2024: 1.0905 Fundamental analysis The […]
The DE 40 stock index is entering a sideways channel amid disappointing statistics and pessimistic expectations for the German economy. The DE 40 forecast for next week is negative. DE 40 forecast: key trading points Recent data: the German government revised the 2024 GDP forecast downwards by 0.2% Economic indicators: GDP reflects the growth dynamics […]
AUDUSD quotes have halted their decline and are attempting to reverse upwards after encountering demand from buyers near 0.6700. More details can be found in our analysis for 10 October 2024. AUDUSD forecast: key trading points The AUDUSD pair has found support and is trying to reverse upwards The AUD rate is under pressure due […]
XAGUSD prices are trading within a downward correction, edging down to the support area near 30.00 USD. The focus is now on US inflation data. Our XAGUSD analysis for today, 10 October 2024, provides further details and insights. Silver forecast: key trading points Market focus: market participants await the US Consumer Price Index (CPI) statistics […]
The USDJPY rate is slightly strengthening in its attempt to break above the key resistance level. Find out more in our analysis for 10 October 2024. USDJPY forecast: key trading points The yen is weakened due to the cautious stance of the Japanese authorities against interest rate hikes Japan’s producer prices rose by 2.8% year-on-year […]