The US 500 stock index tumbled by 4.46% from its early-month levels, with US employment market data only accelerating the fall. The US 500 forecast is negative until the end of the week. US 500 forecast: key trading points Recent data: the number of jobs in the US increased by 142,000 in August, according to […]
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 9-13 September 2024. EURUSD forecast The EURUSD pair continues its downward trajectory, with the target at 1.0990. The price is expected to reach the target this week. Subsequently, it will be essential to consider the development […]
The XAUUSD price has been trading in a sideways range for three weeks; the direction of the price movement out of the range may determine the future trend. The market will focus on US inflation data this week. Find out more in our XAUUSD analysis for today, 9 September 2024. XAUUSD forecast: key trading points […]
The GBPUSD pair has strengthened its position. The market is disappointed in the outlook following Friday’s US employment statistics. Find out more in our analysis for 9 September 2024. GBPUSD forecast: key trading points The GBPUSD pair has a stable start to the week The pound will respond to the Bank of England’s monetary strategy […]
Supported by expectations regarding the Federal Reserve’s policy, the EURUSD pair returned above 1.1100, rising for the third consecutive session. Find out more in our analysis for 6 September 2024. EURUSD forecast: key trading points The EURUSD pair has resumed steady growth Today, investors are awaiting the crucial US employment sector releases for August EURUSD […]
The US 30 stock index is declining after reaching an all-time high, as indicated by the breach of the support level. The US 30 forecast for next week is negative. US 30 forecast: key trading points Recent data: The ADP reports that the number of jobs in the US private sector increased by 99,000 in […]
The XAUUSD price rose moderately on Thursday and consolidated above 2,500 USD, creating the conditions for testing the historical high of 2,532 USD. Price growth may be driven by US employment data. Find out more in our XAUUSD analysis for today, 6 September 2024. XAUUSD forecast: key trading points Market focus: market participants are awaiting […]
Decreased unemployment and rising US nonfarm payrolls may temporarily strengthen the US currency against the New Zealand dollar. Find out more in our analysis for 6 September 2024. NZDUSD forecast: key trading points US nonfarm payrolls: previously at 114,000, projected at 164,000 US unemployment rate: previously at 4.3%, projected at 4.2% CFTC NZD speculative net […]
The USDJPY rate has been falling for the fourth consecutive trading session. Traders are awaiting the US employment report. Find out more in our analysis for 6 September 2024. USDJPY forecast: key trading points Today, the focus is on the US employment report for August, which may heighten expectations of a significant 50-basis-point Federal Reserve […]
The USDJPY pair is losing ground. The market favours the yen as a safe-haven asset. Discover more in our analysis for 5 September 2024. USDJPY forecast: key trading points The USDJPY pair fell to a two-month low Japan’s robust domestic statistics and weak US reports are supporting the yen USDJPY forecast for 5 September 2024: […]