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.
Tuesday, October 15, 2024
JP 225 rises, but its trend potential is limited
The JP 225 stock index is in an uptrend, but its growth potential is limited. The JP 225 forecast for next week is negative.Brent is falling below 75.00 USD following the OPEC report
Brent prices plummeted to 74.00 USD amid the release of the OPEC report and easing tensions in the Middle East. Find out more in our Brent analysis for today, 15 October 2024.Easing inflation in Switzerland supports growth in USDCHF
The USDCHF rate attempts to hold above the resistance level. More details are available in our analysis for 15 October 2024EURUSD declines for the third consecutive week
The EURUSD rate continues to edge down, falling below 1.0900. Discover more in our analysis for 15 October 2024.USDJPY under pressure: uncertainty about Japan and China intensifies
The USDJPY rate is slightly declining after rising for two trading sessions. Find out more in our analysis for 15 October 2024.
Monday, October 14, 2024
EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD technical analysis and forecast for 14 - 18 October 2024
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 14 - 18 October 2024.US 500 analysis: the uptrend continues despite mixed inflation data
The US 500 stock index is in an uptrend and continues to hit new all-time highs. The US 500 forecast for next week is moderately optimistic.USDJPY is poised for a breakout of the upper boundary of a consolidation range
The USDJPY pair is approaching the upper boundary of a consolidation range. Today is a public holiday in Japan, and trading volumes are lower than usual. More details and insights are available in our analysis for 14 October 2024.GBPUSD: UK economic growth may support the pound
The GBPUSD rate is attempting to rise for the second consecutive session. Find out more in our analysis for 14 October 2024.Gold (XAUUSD) continues its ascent, rising above 2,650 USD
XAUUSD price has completed a downward correction and decisively reversed upwards. The price is expected to continue ascending and potentially hit a new all-time high of 2,685 USD. Discover more in our XAUUSD analysis for today, 14 October 2024.EURUSD under pressure: the Fed holds off on rate cuts
The EURUSD rate is poised for another test of the EMA-200. Find out more in our analysis for 14 October 2024.
Friday, October 11, 2024
US 30 analysis: the likelihood of a reversal to a downtrend increased after the inflation data release
The US 30 stock index significantly slowed its growth rate and will likely reverse into a downtrend. The US 30 forecast for next week is moderately negative.EURUSD undergoes a correction after US inflation data release
The EURUSD rate shows slight growth after rebounding from the EMA-200. Find out more in our analysis for 11 October 2024.Gold (XAUUSD) reversed upwards from 2,600 USD
XAUUSD price has completed a downward correction, with the chart showing an upward reversal. The market will focus on the US Producer Price Index (PPI) data. More details and insights are available in our XAUUSD analysis for today, 11 October 2024.NZDUSD rises, with the market recouping previous losses
The NZDUSD pair is rising, and investors are buying the Kiwi at lows. Discover more in our analysis for 11 October 2024.USDJPY remains at a two-month high: everyone needs a pause
The USDJPY pair is stuck in a consolidation phase, and the market is following the news. Find out more in our analysis for 11 October 2024.