XAUUSD prices are consolidating within a narrow range near the 2,650 USD level as market participants await US employment statistics. Find out more in our XAUUSD analysis for today, 6 December 2024. XAUUSD forecast: key trading points Market focus: market participants await US labour market data, with nonfarm payrolls and the unemployment rate due today […]
The US 30 index failed to secure above the 45,000.0 level within the current uptrend. Find more in our US 30 price forecast and analysis for next week, 9-13 December 2024. US 30 forecast: key trading points Recent data: US initial jobless claims came in at 224 thousand Economic indicators: initial jobless claims reflect the […]
The USDJPY pair has dropped below 150.00. The market anticipates a December interest rate hike by the Bank of Japan. Discover more in our analysis for 6 December 2024. USDJPY forecast: key trading points The USDJPY pair continues to decline The market remains confident about a December Bank of Japan rate hike USDJPY forecast for […]
The main news today is the release of the US nonfarm payrolls. Can the EURUSD pair rise to 1.0628? Find more details in our analysis for 6 December 2024. EURUSD forecast: key trading points Eurozone Q3 GDP: previously at 0.4%, projected at 0.4% US unemployment rate: previously at 4.1%, projected at 4.2% US nonfarm payrolls: […]
The NZDUSD rate is declining, with sellers poised to test the 0.5845 support level. More details in our analysis for 6 December 2024. NZDUSD forecast: key trading points The markets await the US employment report, which could shape the Federal Reserve’s further actions The likelihood of a 25-basis-point interest rate reduction by the US regulator […]
The AUDUSD pair has paused around 0.6434. The Australian dollar could tumble at any moment. Find out more in our analysis for 5 December 2024. AUDUSD forecast: key trading points The AUDUSD pair halted its decline The market capitalised on trade surplus statistics to pause AUD sales AUDUSD forecast for 5 December 2024: 0.6480 Fundamental […]
The DE 40 stock index is rapidly strengthening this week and has firmly established itself above the psychologically important 20,000.0 level. The DE 40 forecast for next week remains positive. DE 40 forecast: key trading points Recent data: Germany’s factory orders decreased by 1.5% in October, outperforming projections of a 2.0% decline Economic indicators: factory […]
The XAGUSD pair is still trading within a downward correction. However, there are preconditions for its completion and an upward reversal. More details in our Silver price analysis for today, 5 December 2024. XAGUSD forecast: key trading points Market focus: market participants will receive US labour market statistics tomorrow, with reports on nonfarm payrolls and […]
If US unemployment figures improve, the US dollar will strengthen its position, and the USDJPY rate could move towards the 152.50 level. Discover more in our analysis for 5 December 2024. USDJPY forecast: key trading points A speech by Bank of Japan Policy Board member Toyoaki Nakamura Continuing US jobless claims: previously at 1,907k, projected […]
The EURUSD rate is approaching the crucial 1.0535 resistance level and poised to breach it. More details in our analysis for 5 December 2024. EURUSD forecast: key trading points The US services PMI fell to 52.1 points in November, reaching its lowest level in three months The likelihood of a 25-basis-point Federal Reserve interest rate […]