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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

market analysis2024-12-12
【XM Forex】--AUD/USD Forex Signal: Bullish Bounce Off $0.6345
My previous signal on 10th December produced both a profitable short trade from the bearish rejection of the resistance level at $0.6400 and a profitable long trade from the bullish bounce at $0.6345.

market analysis2024-12-12
【XM Market Analysis】--Bitcoin Forex Signal: Surges After CPI Data
Potential Signal:I do believe that this market will break out eventually, but I also recognize that there could be the occasional pullback going forward for a while.With this in mind, if the market pu

market analysis2024-12-12
【XM Market Review】--ETH/USD Forecast: Holds Support Amid Market Momentum
During my daily analysis of the crypto markets, the Ethereum market has captured my attention because we have bounced from a very obvious support level that will have almost certainly attracted a lot

market analysis2024-12-12
【XM Market Analysis】--USD/CHF Forecast: Diverging Central Bank Policies
The US dollar has gone back and forth during the trading session against the Swiss franc on Wednesday, but it does look like we are trying to eke out some gains.This is a market that has been consolid

market analysis2024-12-12
【XM Forex】--USD/PHP Forecast: Gains Amid Strong Dollar
The US dollar rallied a bit during the trading session on Wednesday as we have broken about the 50 day EMA.xm-forex.COMThis is a market that has pulled back enough, I believe, to get those interested

market analysis2024-12-12
【XM Decision Analysis】--USD/JPY Forecast: Rises Amid Interest Rate Divergence
The US dollar has gone back and forth there in the course of the trading session on Wednesday, as we continue to see a lot of noisy behavior.The 50 day EMA underneath will offer significant support an

market analysis2024-12-11
【XM Group】--EUR/USD Analysis: Awaits US Inflation
As previously anticipated, the EUR/USD pair remains under downward pressure near and below the psychological support level of 1.0500.This is pending the reaction of financial markets and investors to

market analysis2024-12-11
【XM Market Analysis】--CAD/JPY Forecast: Likely to Breakout
The Canadian dollar has rallied a bit during the early hours on Tuesday, but we are still struggling with the 107.50 yen level, an area that has a significant amount of resistance built into it, follo
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