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market analysis2024-12-20
【XM Market Analysis】--Nasdaq Forecast: NASDAQ 100 Struggles Amid Fed Impact
The Nasdaq 100 initially did try to recover a bit during the trading session on Thursday, but it is just pathetic how it played out during the day. It‘s probably worth noting that interest rates in Am

market analysis2024-12-20
【XM Market Analysis】--EUR/USD Forecast: Euro Drops Amid USD Strength
As you can see, the Euro initially did rally against the US dollar during the trading session on Thursday, but it has been slapped right back down.I think it‘s proxm-forex.COMbably only a matter of ti

market analysis2024-12-19
【XM Decision Analysis】--USD/MYR Analysis: Strong Jump Higher as Nervousness Prov
The USD/MYR climbed quickly as a response to the U.S Fed’s more hawkish sounding rhetoric than expected late yesterday, the USD/MYR is trading at values now last seen in the first week of August this

market analysis2024-12-19
【XM Market Analysis】--USD/ZAR Forecast: US Dollar Rallies Against South African
The US Dollar has rallied significantly during the trading session on Wednesday after the FOMC meeting, as we have seen data suggesting that the Federal Reserve will have to remain somewhat tight goin

market analysis2024-12-19
【XM Forex】--EUR/USD Analysis: Future of Parity After Recent Losses
The EUR/USD pair has plummeted to a support level of 1.0343, the lowest for the currency pair since November 2022, before stabilizing around 1.0385 at the time of writing this analysis.The performance

market analysis2024-12-19
【XM Market Review】--USD/JPY Analysis: Five-Month High Gains
Following the reaction to yesterday‘s US Federal Reserve announcement and today‘s Bank of Japan announcement, bulls have found strong opportunities to push the USD/JPY currency pair towards the resist

market analysis2024-12-19
【XM Decision Analysis】--Gold Analysis: Quick Rebound May Be Short-Lived
During Thursday‘s trading, the gold price is attempting to recover yesterday‘s losses, which exceeded 2%, as the gold price index plummeted to the support level of $2583 per ounce.This is the lowest p

market analysis2024-12-19
【XM Group】--EUR/USD Forecast: Weakened Before FOMC
The euro initially rallied during the trading session on Wednesday but has turned around to show signs of negativity.But ultimately this is a marWwW.xm-forex.comket that I think is just killing time a

market analysis2024-12-19
【XM Decision Analysis】--AUD/USD Forex Signal: Aussie Dollar Slumps Ahead of FOMC
Potential signal:I am a seller of this pair but need to see a bounce.I would be interested in shorting near the 0.65 level, with a stop at 0.66, and a target of 0.63 below.The AUD/USD has fallen rathe

market analysis2024-12-19
【XM Group】--Dax Forecast: Looks Positive in Consolidation
The German index has gone back and forth during the trading session, settling on a slightly positive candlestick for about 20 basis point gain.But really at this point in time, I think a lot of the ox

market analysis2024-12-19
【XM Forex】--BTC/USD Forecast: Sees a Small Pullback on Wednesday
The Bitcoin market fell a bit during the early hours on Wednesday as we wait for the FOMC meeting, the FOMC meeting and interest rate, press conference statement all come into the picture to drive the

market analysis2024-12-19
【XM Forex】--USD/MXN Forecast: US Dollar Rallies Against Mexican Peso After FOMC
The US dollar has rallied rather significantly during the trading session on Wednesday, as the FOMC in the United States cut interest rates by 25 basis points.It wasn’t necessarily that the cut itself

market analysis2024-12-19
【XM Group】--ETH/USD Forecast: Ethereum Pulls Back Against FOMC Backdrop
The Ethereum market pulled back rather significantly during the trading session on Wednesday, reaching the crucial $3600 level.The $3600 level of course is an area that has been important multiple tim

market analysis2024-12-19
【XM Market Analysis】--AUD/USD Forex Signal: Strong Drop to New 2-Year Low
My previous signal on 12th December was not triggered.Today’s AUD/USD SignalsRisk 0.75%Trades may only be entered prior to 5pm Tokyo time Friday.Short Trade IdeasGo short following a bearish price act

market analysis2024-12-19
【XM Decision Analysis】--GBP/USD Forex Signal: Sterling at Risk Ahead of BoE Deci
Bearish ViewSell the GBP/USD pair and set a take-profit at 1.2490.Add a stop-loss at 1.2800.Timeline: 1-2 days.Bullish ViewSet a buy-stop at 1.2715 and a take-profit at 1.2800.Add a stop-loss at 1.250
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