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.
Thursday, October 31, 2024
DE 40 analysis: the support level was breached, and a downtrend began
The DE 40 stock index has entered a downtrend, which may last for the medium term. The DE 40 forecast for next week is negative.Silver (XAGUSD) is undergoing a moderate downward correction, falling below 34.00 USD
XAGUSD is trading within a downward correction after failing to break above the 35.00 USD level. The trend remains upward, with growth likely to resume soon. Find out more in our XAGUSD analysis for today, 31 October 2024.AUDUSD: the pair has the potential to maintain its upward trajectory
Despite falling retail sales in Australia, the AUDUSD forecast is somewhat optimistic. More details in our analysis for 31 October 2024.EURUSD forecast 2024-2026: key market trends and future predictions
What is the EURUSD rate forecast for 2024? What experts and AI predicting for 2025 and 2026? Discover the fundamental and technical factors driving the long-term outlook of the pair. Read the comprehensive EURUSD forecast now.USDJPY: BoJ left the interest rate at its highest level since 2008
The USDJPY rate has declined, securing below the 152.65 support level. Discover more in our analysis for 31 October 2024EURUSD rose and paused: crucial statistics are ahead
The EURUSD pair has strengthened markedly. The market appears stable. Find out more in our analysis for 31 October 2024.
Wednesday, October 30, 2024
Nuclear power is back on trend. How to invest in nuclear energy development
Large technology companies are actively investing in nuclear power, and uranium prices have risen for the fourth consecutive year. What financial instruments are available to invest in nuclear energy development?US Tech analysis: a new attempt to reach an all-time high
The US Tech stock index is in an uptrend; following weak labour market data, it is highly likely to reach a new all-time high. The US Tech forecast for next week is cautiously optimistic.EURUSD: the euro has the potential to strengthen against the US dollar
GDP growth in the eurozone and a decrease in US employment figures may give the euro a chance to recover against the US dollar. Find out more in our analysis for 30 October 2024.USDCAD rises despite Canada’s economic recovery
The USDCAD rate is rising, reaching the upper boundary of a long-term range. Discover more in our analysis for 30 October 2024.Gold (XAUUSD) hit a new all-time high today, hovering above 2,780 USD
XAUUSD prices have completed a correction and are steadily rising, surpassing the previous all-time high of 2,758 USD. A triangle pattern has formed on the instrument chart. More details in our XAUUSD analysis for today, 30 October 2024.USDJPY is on hold: investors prefer to wait for further news
The USDJPY pair remains in a consolidation phase. The market is preserving its strength ahead of the BoJ meeting. Find out more in our analysis for 30 October 2024.
Tuesday, October 29, 2024
JP 225 analysis: the index continues to fall
The JP 225 stock index remains in a downtrend, with a deep correction likely to persist. The JP 225 forecast for next week is negative.EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD technical analysis and forecast for 29 October - 1 November 2024
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 29 October - 1 November 2024.Brent dropped to the area around 71.00 USD
Brent prices continue to decline moderately after the underwhelming OPEC report and eased concerns over a potential escalation of the Middle East conflict. Discover more in our Brent analysis for today, 29 October 2024.USDJPY: decrease in unemployment fails to boost the yen
Decreased unemployment in Japan and increased consumer confidence in the US support the strength of the US dollar. Discover more in our analysis for 29 October 2024.EURUSD: Strong US economy and expectations of Trump’s victory exert pressure on the euro
The EURUSD rate slightly declines, remaining within the range. More details in our analysis for 29 October 2024.USDCHF declines: a correction is necessary
The USDCHF pair is declining; the market requires a correction. Find out more in our analysis for 29 October 2024.