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market analysis2024-12-27
【XM Market Review】--USD/CHF Forecast: Holds Strong Near 0.90
The US dollar has initially tried to rally a bit against the Swiss franc, but we‘re just killing time here at the 0.90 level, which makes a certain amount of sense.No one is trading this time of year.
market analysis2024-12-27
【XM Forex】--USD/MXN Forecast: Holds Above 20
The US dollar rallied ever so slightly against the Mexican peso during what would have been extraordinarily quiet and thin trading on Thursday.That being said, I think you still have to look at this t
market analysis2024-12-27
【XM Market Analysis】--ETH/USD Forecast: Ethereum Struggles Below $3,600
In my daily analysis of the cryptocurrency markets, Ethereum stands out as a bad sign, lease for the short term.After all, Ethereum is by far the biggest cryptocurrency out there, the least be on Bitc
market analysis2024-12-27
【XM Market Analysis】--Gold Forecast: Gold Holds Near $2,600
During the daily analysis of the comxmcnglobal.Commodity markets, the gold market is one that I’m paying close attention to, because I think there are a lot of different moving pieces at the moment.Fo
market analysis2024-12-26
【XM Group】--USD/MYR Analysis: Slight Move Lower in Thinly Traded Holiday Markets
The USD/MYR has managed to see some lower trading and is near the 4.4700 ratio at the time of this writing, this as volumes remain extremely low as holiday markets demonstrate quiet and caution.Having
market analysis2024-12-26
【XM Market Review】--EUR/USD Analysis: Stability of Bearish Trend
Amidst the Christmas holidays this week, the EUR/USD pair has stabilized within its broader downward trend around the 1.0400 support level.As previously mentioned, the performance will remain bearish
market analysis2024-12-26
【XM Decision Analysis】--GBP/USD Analysis: Selling Opportunities Remain Strong
The GBP/USD pair has remained stable around and below the 1.2500 support level, reinforcing the strong bearish dominance.Meanwhile, we continue to anticipate more selling opportunities.Correspondingly
market analysis2024-12-26
【XM Market Review】--ETH/USD Forecast: Continues to See Upward Movement
Ethereum initially pulled back just a bit during the early hours on Tuesday, only to turn around and rally.At this point, the market is likely to get a look into the $3,600 level, an area that previou
market analysis2024-12-26
【XM Forex】--BTC/USD Forex Signal: Santa Claus Rally to Continue
Bullish ViewBuy the BTC/USD pair and set a take-profit at 102,000.Add a stop-loss at 92,000.Timeline: 1-2 days.Bearish ViewSet a sell-stop at 97,000 and a take-profit at 92,000.Add a stop-loss at 102,
market analysis2024-12-26
【XM Market Analysis】--USD/JPY Forecast: Dollar Continues to Shine
The US dollar initially pulled back just a bit during the trading session on Tuesday, only to turn around and show signs of life.At this point, if we can break above the crucial ¥158 level, then it‘s
market analysis2024-12-26
【XM Decision Analysis】--GBP/JPY Forecast: Gives Up Early Gains
The British pound initially did try to rally during the trading session on Tuesday, but gave back gains and we are essentially closing pretty much flat.It does make a certain amount of sense that the
market analysis2024-12-26
【XM Market Analysis】--EUR/USD Forex Signal: Double-Bottom Pattern Points to a Br
Bullish ViewBuy the EUR/USD pair and set a take-profit at 1.0500.Add a stop-loss at 1.0300.Timeline: 1-2 days.Bearish ViewSet a sell-stop at 1.0375 and a take-profit at 1.0300.Add a stop-loss at 1.050
market analysis2024-12-26
【XM Market Analysis】--USD/CAD Forecast: Sideways in Holiday Trading
The US dollar initially rallied a bit during the early hours on Tuesday but has given back some of the gains against the Canadian dollar as we continue to consolidate overall.I wouldn‘t read too much
market analysis2024-12-26
【XM Market Analysis】--Gold Forex Signal: Slightly Positive on Christmas Eve
Potential Signal:If gold manages to break above the 50 Day EMA, roughly $2635 on a daily close, I would be a buyer.However, I would only buy if the 10 year yield is starting to drop.Keep an eye on bot
market analysis2024-12-26
【XM Decision Analysis】--EUR/USD Forecast: Euro Weakens Further
The euro dropped a bit during the early hours on Tuesday, and as you can see, we look likely to continue to go down to the 1.03 level.The 1.03 level is an area that has been important multiple times.B
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