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.
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.
Friday, October 25, 2024
US 30 analysis: the trend in the index could shift to a downtrend
The US 30 stock index has broken below the support level and is likely to decline further. The US 30 forecast for next week is moderately negative.EURUSD: the euro attempts to regain ground against the US dollar
A speech by ECB official Elizabeth McCaul, the IMF meeting, and rising inflation in the US could support the euro. Discover more in our analysis for 25 October 2024.NZDUSD under pressure: consumer confidence in New Zealand decreases
The NZDUSD rate is declining within a descending channel, attempting to secure a position below the support level. Find out more in our analysis for 25 October 2024.Gold (XAUUSD) is correcting from an all-time high of 2,758 USD
XAUUSD price has entered a local correction after reaching a new all-time high of 2,758 USD. Once this phase is complete, growth may resume. More details in our XAUUSD analysis for today, 25 October 2024.USDJPY remains stable: investors prepare for the Japanese elections
The USDJPY pair has halted its surge. The market preserves strength ahead of political developments. Find out more in our analysis for 25 October 2024.