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News2025-01-17
【XM Group】--GBP/CHF Forecast: Pound Looking for Support at Bottom of Range Again
As I look at the British pound against the Swiss franc, the first thing I notice is that the 1.11 level continues to be a significant support level.This has been the case for about six monthsxmcngloba
News2025-01-17
【XM Forex】--NASDAQ 100 Forecast: Index Runs into Ceiling on Thursday
You can see the NASDAQ 100 did try to rally a bit during the course of the early hours on Thursday but really has just petered out as the downtrend line has caused a bit of trouble.With that being the
News2025-01-17
【XM Forex】--USD/CAD Forecast: Can the Loonie Hold Against the US Pressures?
The US dollar rallied fairly significantly during the trading session on Thursday, but you can see we are giving back a little bit at the end of the session.So, I think what this tells me is that we a
News2025-01-16
【XM Group】--Gold Analysis: After Breaking the $2,700 High
As expected, spot gold prices have moved towards the psychological resistance level, reaching $2,702 per ounce today, the highest price in a month, and is currently stable around this level.Gold price
News2025-01-16
【XM Market Analysis】--USD/JPY Forecast: Attempts to Break the Uptrend
For the second consecutive day, the USD/JPY currency pair has been subject to selling pressure, pushing it towards the support level of 155.21, the pair‘s lowest level in a month, before settling arou
News2025-01-16
【XM Group】--GBP/USD Analysis: Investor Sentiment Leaning Towards Selling
BulWWW.xmcnglobal.comls haven‘t enjoyed the recent rebound gains for long in the GBP/USD pair, which reached the resistance level of 1.2305.We had recommended selling the GBP/USD pair above that peak
News2025-01-16
【XM Forex】--EUR/USD Analysis: Bullish Rebound Attempts Still Weak
The EUR/USD currency pair‘s recent attempts to rebound have failed, with gains not exceeding the resistance level of 1.0354. Following the release of US inflation data, the EUR/USD pair has resumed it
News2025-01-16
【XM Group】--AUD/USD Forex Signal: Consolidation Below $0.6250
Risk 0.75%Trades must be taken prior to 5pm Tokyo time Friday.Short Trade IdeasGo short following a bearish price action reversal on the H1 time frame immediately upon the next touch of $0.6247 or $0.
News2025-01-16
【XM Forex】--Copper Forecast : Continues to Follow Range
In my analysis of the commodity markets, I am drawn to the copper chart, mainly because we have been in the area of “fair value” for the last seven or eight months.Keep in mind that, in a sense, coppe
News2025-01-16
【XM Group】--EUR/USD Forecast : Euro Simply Cannot Rally
Despite the fact that the day started out rather positively for the euro, the reality is that it simply cannot hang on to gains. The Consumer Price Index had a chance of helping the euro, as it came i
News2025-01-16
【XM Market Analysis】--SP&500 Forecast : Rallies After CPI Misses
During the Wednesday session, we saw the S&P 500 rally rather significantly, as markehttps://www.xmcnglobal.comt participants continue to pay close attention to the inflationary issues in the United S
News2025-01-16
【XM Market Analysis】--USD/PHP Forecast : US Dollar Drops After CPI Against Phili
In my daily analysis of exotic currency pairs, the USD/PHP market has captured my attention, as we are hanging around just above the 50 Day EMA.The 50 Day EMA of course is an indicator that a lot of p
News2025-01-16
【XM Forex】--USD/JPY Forecast : US Dollar Drops Against Japanese Yen After CPI
During the trading session on Wednesday, we saw the US dollar drop fairly significantly against the Japanese yen, pressuring the pair to drop just below the ¥156 level. This was in direct reaction to
News2025-01-16
【XM Market Review】--USD/RUB Analysis: Move Lower and Changing Trade Sentiment to
After challenging the 112.0000 vicinity in late November of 2024 and early January 2025, the USD/RUB has been able to move lower.The currency pair has achieved some relative calm the past few days and
News2025-01-16
【XM Decision Analysis】--NASDAQ 100 Forecast Launches After CPI Misses
The Nasdaq 100 exploded to the upside during the trading session on Wednesday, mainly due to its oversold nature.Then, on top of that, we got the consumer price index numbers coming out at 0.23% month
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