The Brent crude oil price failed to overcome the 75.00 USD mark and fell to the area around 70.00 USD. According to our Brent forecast, the daily trend remains downward, signalling that the decline may continue. Read our Brent analysis for today, 26 September 2024, for further insights. Brent forecast: key trading points US data: […]
The monthly ECB report, alongside the latest US GDP and unemployment data, could be critical signals triggering further USD weakness. Read more in our EURUSD forecast and analysis for 26 September 2024. EURUSD forecast: key trading points ECB monthly report US GDP (QoQ): previously 3.0%, forecasted 3.0% US Initial Jobless Claims: previously 219K, forecasted 224K […]
The XAUUSD price reached a new all-time high this morning at 2,670 USD. The trend for gold remains upward, though a downward correction may start soon – read about it in our XAUUSD analysis for today, 25 September 2024. XAUUSD forecast: key trading points Market focus: gold is steadily rising following the US Fed rate […]
The US Tech stock index is in an uptrend and will likely renew its historical high. The US Tech forecast for next week is moderately positive. US Tech forecast: key trading points Recent data: mortgage applications registered in the US last week increased by 14.20% Economic indicators: mortgage demand indicators have an indirect impact on […]
The USDCAD pair continues its downward trajectory, currently sitting at a four-week low, influenced by recent economic developments in China. Read more in our analysis for 25 September 2024. USDCAD forecast: key trading points Continued weakness in USDCAD: the pair continues to decline, driven by external factors such as Chinese economic stimulus and recovering oil […]
A possible decline in new home sales in the US and Japanese indices remaining flat may impact the current USDJPY trend – read more in our analysis for today – 25 September 2024. USDJPY forecast: key trading points Japan Corporate Services Price Index (CSPI) YoY: previous 2.7%, actual 2.7% Japan Core CPI (Consumer Price Index) […]
The EURUSD rate is correcting after testing a four-week high. Read more in our detailed EURUSD analysis for 25 September 2024, including key signals and market outlook. EURUSD forecast: key trading points Expectations of a Fed interest rate cut have intensified, causing a sharp rise in the euro Weak economic data from Europe, including a […]
EURUSD has stopped its downward momentum and appears to have found stability. Investors expect a period of consolidation. More insights can be found in our EURUSD analysis and forecast for 24 September 2024. EURUSD forecast: key trading points EURUSD stopped falling The euro faced pressure due to weaker-than-expected economic statistics, but the US dollar is […]
With no demand from non-residents, the JP 225 index is trading in a sideways channel without a pronounced trend. As foreign investors reduce their positions, the outlook for the JP 225 appears to be negative. JP 225 forecast: key trading points Recent data: non-residents sold 10.5bn USD worth of Japanese shares Economic indicators: demand for […]
The Brent price is experiencing an upward correction, bolstered by investor optimism following the recent Fed rate cut. However, despite the current correction, the overall trend remains downward, and further declines are possible. For more detailed insights, read our Brent analysis and market outlook for today, 24 September 2024. Brent forecast: key trading points US […]