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market analysis2024-12-19
【XM Decision Analysis】--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 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 Forex】--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 lotxmcnglobal
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 Group】--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 Decision Analysis】--ETH/USD Forecast: Ethereum Pulls Back Against FOMC Backd
The Ethereum market pulled back rather significantly during the trading session on Wednesday, reachixmcnglobal.COmng the crucial $3600 level.The $3600 level of course is an area that has been importan
market analysis2024-12-19
【XM Forex】--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 Market Review】--GBP/USD Forex Signal: Sterling at Risk Ahead of BoE Decision
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
market analysis2024-12-19
【XM Group】--BTC/USD Forex Signal: Bitcoin Analysis as Doji, Wedge Forms
Bearish ViewSell the BTC/USD pair and set a take-profit at 99,000.Add a stop-loss at 105,000.Timeline: 1-2 days.Bullish ViewSet a buy-stop at 103,000 and a take-profit at 108,000.Add a stop-loss at 10
market analysis2024-12-18
【XM Forex】--ETH/USD Forecast: Ethereum Faces $4K Resistance
The Ethereum market has been back and forth during the trading session as we continue to hang around the $4,000 level.This is an area that‘s been acting a bit like a major barrier, and I think at this
market analysis2024-12-18
【XM Group】--EUR/GBP Forex Signal: Weakens Further
Potential signal:If we break the 0.82 level, I would short this pair with a stop loss at the 0.8260 level.I would aim for at least 0.80 below.The euro did initially try to rally a bit during the tradi
market analysis2024-12-18
【XM Group】--USD/JPY Forecast: USD/JPY Pulls Back Before FOMC
The US dollar initially rallied a bit during the early part of Tuesday but has given back those gains to show signs of weakness.Weakness is probably a strong word here. I really would suggest that it‘
market analysis2024-12-18
【XM Group】--Silver Forecast: Silver Attempting to Find a Foothold
During my daily analysis of the silver market, I’ve noticed that the market has reached a trend line that has been very important since the month of February.We have since bounced, but we are living i
market analysis2024-12-18
【XM Group】--Gold Forecast: Gold Continues to Meander Around 50 Day EMA
In my daily analysis of the gold market, the first thing that comes to mind is that we continue to bounce around the 50 Day EMA.This is an indicator that a lot of people of course like, so it does mak
market analysis2024-12-18
【XM Group】--BTC/USD Forex Signal: Bitcoin Surges, But Bearish Divergence Forms
Bullish ViewBuy the BTC/USD pair and set a take-profit at 110,000.Add a stop-loss at 104,000.Timeline: 1-2 days.Bearish ViewSet a sell-stop at 106,000 and a take-profit at 103,000.Add a stop-loss at 1
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