Market analysis
Welcome to your resource for expert market analysis and the latest financial market news. Here, you will find daily insights and market analysis articles designed to help you devise trading strategies and enhance your understanding of market trends. Our carefully curated content offers profound insights across diverse financial markets, including currencies, commodities, indices, and stocks, empowering you as a trader to make informed decisions at every step of your trading journey.
Friday, September 13, 2024
US 30 analysis: US inflation data prevented the price from falling, but the negative trend persists
The US 30 stock index ended Thursday's trading session with gains after the release of US consumer inflation data. However, the stock market will remain under pressure until the Federal Reserve cuts the interest rate. For this reason, the US 30 forecast for next week is negative.NZDUSD: rising expectations of an aggressive Fed interest rate cut drive growth in the pair
The NZDUSD rate is correcting after rising by 0.9% yesterday, with buyers attempting to gain a foothold above the resistance level. Find out more in our analysis for 13 September 2024.EURUSD: the euro strengthens ahead of a Fed interest rate change
Declining industrial production in Europe and the Eurogroup meeting do not affect the strengthening of the euro against the US dollar. Discover more in our analysis for 13 September 2024.USDJPY at annual lows: this is not the end yet
The USDJPY pair continues to fall. The Japanese yen has risen to new highs. Find out more in our analysis for 13 September 2024.Gold (XAUUSD) is rising rapidly, reaching a new all-time high of 2,532 USD
XAUUSD price exited a sideways range yesterday, subsequently surpassing an all-time high of 2,532 USD. Gold may continue its ascent. Find out more in our XAUUSD analysis for today, 13 September 2024.
Thursday, September 12, 2024
Johnson & Johnson stock is approaching its all-time high again. Should a breakout be expected?
Johnson & Johnson shares have failed to surpass the all-time high of 173 USD since May 2022. The release of the Q2 2024 report drove another rise in the stock to the all-time high. Will the 173 USD resistance level remain intact this time?DE 40 analysis: a correction in the downtrend is underway
The DE 40 index is in a downtrend after reaching an all-time high amid the crisis in the German automotive industry. The DE 40 forecast for next week is negative.Brent corrects following a decline, rising above 71.00 USD
Brent’s price fell as part of the downtrend, completing a target movement in line with the triangle pattern. The quotes are now undergoing an upward correction. However, once it is complete, the decline may continue. Find out more in our Brent analysis for today, 12 September 2024.USDJPY: the pair is correcting before falling
A rise in Japan’s business survey index of large manufacturing firms above zero and a hawkish speech by the BoJ Policy Board member may cause the USD to lose ground against the JPY. Find out more in our analysis for 12 September 2024.EURUSD: rising US core inflation has almost ruled out a 50-basis-point Fed interest rate cut
The EURUSD rate is slightly correcting following a decline caused by a rise in US inflation. Discover more in our analysis for 12 September 2024.AUDUSD is poised for growth, supported by global positive sentiment
AUDUSD is strengthening for the second consecutive day, with the market favouring risk. Find out more in our analysis for 12 September 2024.
Wednesday, September 11, 2024
US Tech analysis: the decline continues, with only the US Fed able to reverse the trend
The US Tech stock index is in a downtrend and under pressure ahead of the US Federal Reserve key rate meeting. Therefore, the US Tech forecast is negative.USDJPY: rising expectations of aggressive Fed interest rate cuts support the Japanese yen
The USDJPY rate fell below the annual low following the BoJ official’s speech. Find out more in our analysis for 11 September 2024.USDCAD: the US dollar continues to strengthen
The US consumer price index at last year’s level and the rest of the fundamental data package may further drive the USDCAD pair. Discover more in our analysis for 11 September 2024.Gold (XAUUSD) is trading at annual highs again, with the market awaiting US inflation data
XAUUSD price is again approaching an all-time high of 2,532 USD, which has already restrained price growth several times. Market participants are focusing on US inflation data. Find out more in our XAUUSD analysis for today, 11 September 2024.EURUSD declined: US political debates and inflation report are ahead
The EURUSD pair hovers at a four-week low on Wednesday. The market appears wary. Discover more in our analysis for 11 September 2024.