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market analysis2024-12-30
【XM Market Review】--GBP/USD Analysis: Bearish Trend Holds at 1.25 Support
Recent attempts by the GBP/USD currency pair to rebound have not moved far from the vicinity of the 1.2500 support level, which we have often noted as the most important for maintaining bearish domina

market analysis2024-12-30
【XM Forex】--USD/JPY Analysis: Bullish Flag Formation
For eight consecutive trading sessions, the USD/JPY pair has been steadily rising, approaching the resistance level of 158.00, the highest level for the currency pair in five months.This stability has

market analysis2024-12-30
【XM Market Analysis】--Gold Analysis: XAU/USD Stable Amid Holiday Trading
At the beginning of trading in the last week of 2024 and in the midst of the holiday season, trading is still limited, and as a result, the gold price index today stabilizes in a narrow range around t

market analysis2024-12-30
【XM Market Analysis】--DAX Forecast: Rebounds Near 19,750
The German index initially fell during the trading session on Friday as we had seen indices around the world take a beating, but we have turned around the show signs of life.The 19,750 level is an are

market analysis2024-12-30
【XM Group】--AUD/USD Forecast: Eyes 0.62 Support
The Australian dollar has fallen pretty significantly again during the day considering nobody‘s trading and now we are sitting right at the 0.62 level.If we break down below here, things are going to

market analysis2024-12-30
【XM Market Analysis】--USD/ZAR Forex Signal: US Dollar Pulls Back Against South A
Potential Signal:On a pullback in this pair, I am more than willing to buy the US dollar at 18.40, with a stop loss at 18.20.I would be aiming for a move to the 19.10 level.During my daily analysis of

market analysis2024-12-30
【XM Group】--USD/CAD Forecast: US Dollar Continues to Rally Against Loonie
In my daily analysis of major currency pairs, the USD/CAD pair has caught my attention as we continue to see a more upward trajectory than anything else at the moment.The Canadian situation is getting

market analysis2024-12-30
【XM Group】--USD/JPY Forecast: Struggles at 158
The US dollar pulled back just a bit during the early hours on Friday, as it looks like the 158 yen level continues to be a major barrier.This is an area where we‘ve seen a lot of action in the past,

market analysis2024-12-30
【XM Market Analysis】--EUR/CHF Forecast: Euro Rallies Against Swiss Franc on Frid
In my daily analysis of major currencies, the EUR/CHF pair has captured my attention due to the fact that we are getting close to the top of the recent range.Furthermore, this is a pair that I wish a

market analysis2024-12-30
【XM Forex】--USD/MXN Analysis: Tiny Creep Higher in Ultra-Quiet Market Conditions
The USD/MXN has gained slightly upwards in trading the past couple of days, but this has taken place in thin market conditions and correlated with USD centric strength which has been exhibited.In very

market analysis2024-12-30
【XM Decision Analysis】--AUD/USD Forex Signal: Downtrend Momentum to Continue
Bearish ViewSell the AUD/USD pair and set a take-profit at 0.6150.Add a stop-loss at 0.6325.Timeline: 1-2 days.Bullish ViewBuy the AUD/USD pair and set a take-profit at 0.6325.Add a stop-loss at 0.615

market analysis2024-12-30
【XM Group】--BTC/USD Forex Signal: Rising Broadening Wedge Pattern Forms
Bearish ViewSell the BTC/USD pair and set a take-profit at 85,175.Add a stop-loss 100,000.Timeline: 1-2 days.Bullish ViewBuy the BTC/USD pair and set a take-profit at 100,000.Add a stop-loss at 85,175

market analysis2024-12-29
【XM Market Review】--Weekly Forex Forecast – EUR/USD, USD/JPY, NZD/USD, AUD/USD,
Fundamental Analysis & Market SentimentI wrote on 22nd December that the best trade opportunities for the week were likely to be:Short of the EUR/USD currency pair. This fell by 0.08%.Long of the NASD

market analysis2024-12-27
【XM Market Analysis】--GBP/USD Forecast: Stalls Near 1.25
The British pound has seen a little bit of choppy sideways action during the trading session on Thursday, as we continue to see a lot of noise in the market.Now, bear in mind, this is also a market th

market analysis2024-12-27
【XM Market Review】--USD/CHF Forecast: Holds Strong Near 0.90
The US dollar has initially tried to rally a bit against the Swiss franc, but we‘re just killing time here at the 0.90 level, which makes a certain amount of sense.No one is trading this time of year.
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