Amid the Fed chairman’s speech, Gold may form a corrective wave before rising to 2,965 USD. Discover more in our XAUUSD analysis for today, 11 February 2025. XAUUSD forecast: key trading points US Federal Reserve Chairman Jerome Powell’s speech US FOMC member Michelle Bowman’s speech Current trend: moving upwards XAUUSD forecast for 11 February 2025: […]
The USDCAD rate remains within the range, with the price currently at 1.4340. Find out more in our analysis for 10 February 2025. USDCAD forecast: key trading points Canada’s unemployment rate decreased to 6.6%, reaching the lowest level in the past three months The Canadian economy added 76 thousand new jobs, well above analysts’ forecasts […]
Gold (XAUUSD) quotes rose to 2,878 USD on Monday as the world needs safe-haven assets. Find out more in our analysis for 10 February 2025. XAUUSD forecast: key trading points Gold prices continue their ascent The market needs safe-haven assets and stocks up on precious metal XAUUSD forecast for 10 February 2025: 2,887 and 2,900 […]
Amid economic data from the US and Japan, the USDJPY rate may continue its downward trajectory towards 150.90 after a correction. Find more details in our analysis for 10 February 2025. USDJPY forecast: key trading points Japan’s bank lending: previously at 3.0%, currently at 3.0% US Michigan inflation expectations: previously at 3.0%, projected at 3.0% […]
Tesla, Inc. (NASDAQ: TSLA) reported a 71% decline in profit, while Intel Corp. (NASDAQ: INTC) posted a drop in revenue and a 126 million USD loss. Meanwhile, Apple Inc. managed to increase its revenue and net profit despite stagnant iPhone sales. This article presents the key figures from Tesla, Intel, and Apple’s quarterly reports, and […]
The EURUSD rate edged down to 1.0300 following Friday’s release of mixed US employment data. Discover more in our analysis for 10 February 2025. EURUSD forecast: key trading points Market focus: ECB President Christine Lagarde will deliver a speech today Current trend: the downtrend EURUSD forecast for 10 February 2025: 1.0200 and 1.0350 Fundamental analysis […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 10 February 2025. EURUSD forecast On the H4 chart, EURUSD formed a consolidation range around 1.0333 and broke downward. Today, 10 February 2025, the decline extended to 1.0280. A corrective move towards 1.0300 is possible before […]
Amid US fundamental data, the EURUSD rate may fall to 1.0300 after a correction. Find out more in our analysis for 7 February 2025. EURUSD forecast: key trading points US average hourly earnings in January: previously at 0.3%, projected at 0.3% US Nonfarm Payrolls: previously at 256 thousand, projected at 169 thousand US unemployment rate […]
The USDJPY pair continues to decline and is testing the 151.76 level. Investors are expecting an imminent Bank of Japan interest rate hike. Discover more in our analysis for 7 February 2025. USDJPY forecast: key trading points The USDJPY pair maintains its downward trajectory, reaching two-month lows Investors bet on further easing of the Bank […]
XAUUSD prices are rising after rebounding from the support level, with the quotes currently at 2,863 USD. Find more details in our analysis for 7 February 2025. XAUUSD forecast: key trading points XAUUSD quotes are rising for the sixth consecutive week amid increased demand for Gold Increased buying is driven by concerns caused by trade […]