The GBPUSD pair is hovering around 1.2464 on Wednesday, with the pound appearing more stable than other currencies. More details in our analysis for 5 February 2025. GBPUSD forecast: key trading points The GBPUSD pair has strengthened and is now consolidating The pound sterling is not afraid of possible US trade tariffs; investors expect a […]
The EURUSD rate is correcting after a two-day rise, with the price currently at 1.0374. Discover more in our analysis for 5 February 2025. EURUSD forecast: key trading points US factory orders declined by 0.9% in December US job openings decreased by 556 thousand to 7.6 million US and China’s presidents are expected to have […]
The increase in US nonfarm employment does not strengthen the US dollar significantly, with Gold prices continuing their ascent to 2,880 USD. Discover more in our XAUUSD analysis for today, 5 February 2025. XAUUSD forecast: key trading points The US ADP nonfarm employment change: previously at 122 thousand, projected at 148 thousand The US services […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 5 February 2025. EURUSD forecast On the H4 chart, EURUSD formed a consolidation range around 1.0300. A breakout upwards suggests the possibility of further correction towards 1.0414. Today, 5 February 2025, the market is expected to […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 4 February 2025. EURUSD forecast On the H4 chart, EURUSD completed a downward wave to 1.0211, followed by a correction to 1.0348. Today, 4 February 2025, the market continues declining towards 1.0150 as the first target. […]
Brent quotes are falling for the third consecutive trading session, with the price currently at 74.88 USD. More details in our analysis for 4 February 2025. Brent forecast: key trading points Washington postponed tariffs on goods from Canada and Mexico China imposed 10% tariffs on US oil A slowdown in Chinese factories fuels concerns about oil […]
The EURUSD rate returned to 1.0350 as part of a correction after declining at the market opening on Monday. This week, market participants are awaiting US labour market statistics. Find out more in our analysis for 4 February 2025. EURUSD forecast: key trading points Market focus: market participants are awaiting US labour market statistics this […]
While artificial intelligence (AI) is driving revenue and income growth at Meta Platforms, Inc. (NASDAQ: META) and Microsoft Corporation (NASDAQ: MSFT), investors are increasingly concerned about rising AI-related expenses and the companies’ ability to recoup these costs in the future. The article provides key highlights of Meta and Microsoft’s quarterly earnings reports. It includes a […]
Global stock indices plummeted again following a minor correction amid tariffs imposed by US President Donald Trump. Find out more in our analysis and forecast for global indices for 4 February 2025. US indices forecast: US 30, US 500, US Tech Recent data: tariffs on goods from Canada and Mexico have been postponed for 30 […]
The USDJPY rate may reach 156.10 amid US fundamental data. Discover more in our analysis for 4 February 2025. USDJPY forecast: key trading points US JOLTS job openings: previously at 8,098 million, projected at 8,010 million US factory orders (m/m): previously at -0.4%, projected at -0.7% A speech by FOMC member Raphael W. Bostic USDJPY […]