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News2024-12-20
【XM Market Review】--USD/CAD Forecast: Pulls Back from Highs
The US dollar initially tried to rally again during the early hours on Thursday, but then dropped significantly to reach below the 1.44 level again.That being said, I would not read too much into this

News2024-12-20
【XM Group】--USD/JPY Forecast: Breaks Key Levels
During my daily analysis of the major currency pairs, the USD/JPY pair is one of the first things that I pay close attention to, as the Japanese yen is on the hot seat, while the US dollar is by far t

News2024-12-19
【XM Forex】--USD/INR Analysis: New Highs and a New Normal as Global Forex Reacts
The USD/INR jumped to new record high values early today and the 85.0000 ratio has been penetrated making this level a worthwhile consideration for speculators and financial institutions.The USD/INR h

News2024-12-19
【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

News2024-12-19
【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

News2024-12-19
【XM Market Analysis】--USD/MYR Forecast: US Dollar Stalls Against Malaysian Ringg
The US dollar initially rallied against the Malaysian ringgit during the trading session on Wednesday, but as we got through the FOMC meeting, it seems as if the market continues to hit a bit of a wal

News2024-12-19
【XM Forex】--WTI Crude Oil Forecast: Crude Oil Gives Up Early Gains on Wednesday
The crude oil markets in the United States, the West Texas Intermediate Crude Oil market, initially rally during the trading session to break well above the 50 Day EMA but ended up pulling back quite

News2024-12-19
【XM Decision Analysis】--USD/TRY Forecast: Extends Losses
Signals for the Lira Against the US Dollar TodayRisk 0.50%.Bullish Entry Points:Open a buy order at 34.90.Set a stop-loss order below 34.75.Move the stop-loss to the entry point and follow the profit

News2024-12-19
【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

News2024-12-19
【XM Market Review】--GBP/USD Analysis: Under Pressure Before BoE
We have often mentioned that this trading week would be important and exciting. As expected, the US dollar has risen strongly against other major currencies after the Federal Reserve cut US interest r

News2024-12-19
【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

News2024-12-19
【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

News2024-12-19
【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

News2024-12-19
【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

News2024-12-19
【XM Decision Analysis】--ASX 200 Forecast: Eyes Higher Levels
In Australia, we‘ve seen equities rally during the session on Wednesday to reach the 8,350 level before pulling back.There are a few caveats that I would point out though. The first one being that a l
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