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market analysis2024-12-16
【XM Market Review】--GBP/USD Forecast: Pound Drops on GDP Miss
The British pound has fallen again during the trading session against the U S dollar on Friday as the GDP month over month in the United Kingdom came out at negative 0.1% instead of the anticipated po

market analysis2024-12-16
【XM Group】--GBP/USD Forex Signal: Potential Bullish Head & Shoulders Forming
My previous GBP/USD signal on 3rd December was not triggered, as none of the key levels which I had identified were reached that day.Today’s GBP/USD SignalsRisk 0.75%.Trades may only be entered before

market analysis2024-12-16
【XM Forex】--Gold Forecast: Gold Pulls Back to 50 Day EMA
In my daily analysis of the gold market, the first thing that captures my attention is the fact that we did pull back but seem to be near an area that is presently supported.After all, we have seen a

market analysis2024-12-16
【XM Forex】--EUR/CHF Forecast: Euro Continues to Rally Against Swiss Franc
During my daily analysis of major cross pairs, the EUR/CHF pair has got to be one of the more interesting pairs, because we have so many things lining up at one time to suggest that we might be in the

market analysis2024-12-15
【XM Market Analysis】--Weekly Forex Forecast – Bitcoin, EUR/USD, NZD/USD, USD/CAD
Fundamental Analysis & Market SentimentI wrote on 8th December that the best trade opportunities for the week were likely to be:Long Bitcoin in USD terms. This rose by 1.07%.Short of the EUR/USD curre

market analysis2024-12-15
【XM Forex】--Pairs in Focus - Silver, Gold, GBP/USD, EUR/USD, NASDAQ 100, USD/CHF
SilverThe previous week for silver has been very difficult, and the fact that we had been so bullish in the early part of the week almost seems forgotten as I write this. The market tried to get to th

market analysis2024-12-15
【XM Market Analysis】--EUR/USD Weekly Forecast: Bearish Flag Forms Ahead of Fed D
Bearish ViewSell the EUR/USD pair and set a take-profit at 1.0330.Add a stop-loss at 1.0620.Timeline: 1-5 days.Bullish ViewBuy the EUR/USD pair and set a take-profit at 1.0650.Add a stop-loss at 1.033

market analysis2024-12-13
【XM Market Analysis】--EUR/USD Forecast: Slides After Dovish ECB Rate Cut
During my analysis of the EUR/USD pair on Thursday, the first thing that I would have to bring to the forefront is the fact that the statement coming out of the European Central Bank was dovish.While

market analysis2024-12-13
【XM Market Review】--USD/CAD Forecast: After 50 Basis Point Cut in Ottawa
The US dollar initially pulled back during the trading session on Thursday, only to turn around and show signs of life.The market certainly looks as if it is doing everything it can to break out, and

market analysis2024-12-13
【XM Forex】--USD/JPY Forecast: Market Remains Noisy
During my daily analysis of the major currency pairs around the world, the USD/JPY pair continues to be one that I am watching very closely.After all, the market is one that has a lot of external pres

market analysis2024-12-13
【XM Market Analysis】--GBP/USD Forecast: Pound Holds Firm
The British pound initially tried to rally against the US dollar during trading on Thursday, but gave back gains, plunged, and then turned right back around.I think there were a lot of things going on

market analysis2024-12-13
【XM Market Review】--USD/MXN Forecast: Will the Peso Ever Get Relief?
The US dollar rallied slightly during the trading session on Thursday, as we continue to see greenback strength.That being said, it has been slumping a little bit as of late.I don‘t know that it‘s nec

market analysis2024-12-12
【XM Market Analysis】--USD/JPY Analysis: Bulls Tighten Grip
For the second consecutive week, bulls have controlled the direction of the US dollar against the Japanese yen (USD/JPY) with gains reaching the resistance level of 152.83 today, the pair‘s highest le

market analysis2024-12-12
【XM Forex】--USD/PKR Analysis: Trends Higher Amid Controlled Market
A slight rise of the USD/PRK has been seen since yesterday as the currency pair has begun to show signs of moving away from near-term support levels.The USD/PKR has experienced a rather intriguing few

market analysis2024-12-12
【XM Market Review】--GBP/USD Forex Signal: Eyes Bearish Breakout
Bearish viewSell the GBP/USD pair and set a take-profit at 1.2650.Add a stop-loss at 1.2825.Timeline: 1-2 days.Bullish viewSet a buy-stop at 1.2750 and a take-profit at 1.2850.Add a stop-loss at 1.265
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