The EURUSD rate is testing the 1.0310 resistance level. Find out more in our analysis for 20 January 2025 EURUSD forecast: key trading points The EURUSD pair is rising on Monday morning amid expectations of Donald Trump’s political statements US retail sales increased by 3.9% year-on-year in December, while their growth in November was 4.1% […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 20 January 2025. EURUSD forecast On the H4 chart, EURUSD is consolidating above 1.0250. A potential rise to 1.0311 is possible. On 20 January 2025, a decline to 1.0250 is expected. If this level is breached, […]
XAUUSD quotes continue to rise ahead of the US presidential inauguration. More details in our XAUUSD forecast for today, 20 January 2025. XAUUSD forecast: key trading points Today is a holiday in the US due to the Birthday of Martin Luther King Jr. The inauguration of US President Donald Trump Current trend: moving upwards XAUUSD forecast […]
During a downward correction, the USDJPY pair received support from buyers at 155.00 and formed an upward reversal. Discover more in our analysis for 20 January 2025. USDJPY forecast: key trading points Japan’s industrial production fell by 2.2% month-on-month in November 2024 and by 2.7% year-on-year Today, Donald Trump will officially take office as the […]
Gold (XAUUSD) prices have risen to 2,715 USD amid strengthening demand for safe-haven assets. Find out more in our analysis for 17 January 2025. XAUUSD forecast: key trading points Gold prices maintain their upward trajectory The market’s demand for safe-haven assets boosts interest in Gold as such XAUUSD forecast for 17 January 2025: 2,727 and […]
The AUDUSD rate is falling after rebounding from the channel’s upper boundary, with the current price at 0.6197. Find out more in our analysis for 17 January 2025. AUDUSD forecast: key trading points Australia’s unemployment rate rose to 4.0% in December 2024 Australia’s employment increased by 56.3 thousand, reaching a record 14.58 million people The […]
Amid positive US economic data, the USDJPY rate may climb to 157.00. Discover more in our analysis for 16 January 2025. USDJPY forecast: key trading points US industrial production: previously at -0.1%, projected at 0.3% US manufacturing production: previously at 0.2%, projected at 0.2% USDJPY forecast for 17 January 2025: 157.00 and 155.10 Fundamental analysis […]
The EURUSD rate is experiencing an upward correction within a downtrend. The bulls failed to overcome the 1.0350 resistance level on their first attempt. More details in our analysis for 17 January 2025. EURUSD forecast: key trading points The EURUSD pair undergoes a correction within a downtrend Today, the eurozone’s inflation statistics are scheduled for […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 17 January 2025. EURUSD forecast On the H4 chart, EURUSD completed a corrective structure to 1.0315 and is currently forming a new downward wave targeting 1.0200. On 17 January 2025, a decline to 1.0250 is expected. […]
The US inflation release provided support to global stock indices. Find out more in our analysis and forecast for global indices for 16 January 2025. US indices forecast: US 30, US 500, US Tech Recent data: the US core CPI rose 3.2% year-on-year Market impact: the current inflation data allows investors to expect further easing […]