XAUUSD quotes are undergoing a local downward correction, falling to the 2,920 USD support level. Market participants are awaiting US GDP statistics this week. Find more details in our XAUUSD analysis for today, 24 February 2025. XAUUSD forecast: key trading points Market focus: US GDP statistics for Q4 2024 will be released on Thursday Current trend: […]
The EURUSD pair continues to rise and has already reached 1.0509. The market is interested in risk again. Discover more in our analysis for 24 February 2025. EURUSD forecast: key trading points The EURUSD pair rose amid improved expectations for the eurozone The market is interested in risk but is still cautious EURUSD forecast for […]
The Bank of Canada Deputy Governor’s speech may drive the USDCAD pair up to 1.4294. Discover more in our analysis for 24 February 2025. USDCAD forecast: key trading points A speech by Bank of Canada Deputy Governor Toni Gravelle Dallas Fed Manufacturing Index: previously at 14.1 USDCAD forecast for 24 February 2025: 1.4294 and 1.4150 […]
The USDJPY rate reversed near the key support level at 148.55. Find out more in our analysis for 24 February 2025. USDJPY forecast: key trading points The yen is supported by strong inflation in Japan Tokyo’s consumer prices rose by 4.0% in January Kazuo Ueda said the BoJ is ready to respond to market changes […]
McDonald’s Corp (NYSE: MCD) Q4 2024 earnings report showed steady performance. The company met its expected earnings per share but fell slightly short of revenue forecasts due to lower consumer spending and the impact of an E. coli outbreak in the US. Despite these challenges, management expressed optimism about 2025. Investor reaction to the report […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 24 February 2025. EURUSD forecast On the H4 chart, EURUSD continues developing a growth wave towards 1.0540, which is the first local target. Today, 24 February 2025, this level is expected to be reached. After that, […]
The USDJPY rate plunged below 150.00 amid the release of Japan’s stronger-than-expected inflation statistics for January. Discover more in our analysis for 21 February 2025. USDJPY forecast: key trading points Market focus: Japan’s national Consumer Price Index (CPI) rose by 4.0% in January Current trend: the downtrend USDJPY forecast for 21 February 2025: 150.00 and […]
The EURUSD rate is undergoing a minor correction, with buyers poised to test the 1.0525 resistance level. Find out more in our analysis for 21 February 2025. EURUSD forecast: key trading points The US dollar is under pressure as Donald Trump takes a less aggressive approach to tariffs The FOMC meeting minutes confirmed that the […]
The AUDUSD pair appears overpriced. The market believes the RBA will not lower interest rates rapidly. Discover more in our analysis for 21 February 2025. AUDUSD forecast: key trading points The AUDUSD pair soared to a two-month high Investors believe the RBA will not cut interest rates too quickly AUDUSD forecast for 21 February 2025: […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 21 February 2025. EURUSD forecast On the H4 chart, EURUSD has completed a growth wave to 1.0470. Today, 21 February 2025, a compact consolidation range has formed around this level. With an upward breakout, the market […]