Top Forex Brokers – Forex Weekly news and analysis For September 30 – October 6, 2024

Top Forex Brokers – Forex Weekly news and analysis For September 30 – October 6, 2024

Top Forex Brokers

Weekly Wrap-Up

  • RBA kept cash rate at 4.35% in Sep 2024, unchanged for 7th straight meeting. 
  • Australia’s annual CPI rose 2.7% in Aug 2024, down from 3.5% in July. 
  • US durable goods orders unchanged MoM in Aug 2024, following 9.8% surge in July. 
  • US GDP grew 3% annualized in Q2 2024, unchanged from second estimate. 
  • US core PCE price index rose 0.1% MoM in Aug 2024, slowing from 0.2% in July. 
  • SNB cut policy rate by 25bps to 1% in Sep 2024, lowest since early 2023.

This Week’s Highlights

This week’s key economic releases are scheduled as follows:

  • Eurozone Core CPI Flash Estimate y/y (Tuesday) 
  • US ISM Manufacturing PMI (Tuesday) 
  • US JOLTS Job Openings (Tuesday) 
  • US ADP Non-Farm Employment Change (Wednesday) 
  • US ISM Services PMI (Thursday) 
  • US Non-Farm Employment Change (Friday) 
  • US Unemployment Rate (Friday) 
  • US Average Hourly Earnings m/m (Friday)

Pair of the Week 

XAU/USD

This week, expect high volatility in the XAU/USD pair due to US labor data such as non-farm employment change and unemployment figures. 

Resistance: $2,685.16; $2,711.84 

Support: $2,642.91; $2,611.79

USD/JPY

This week, expect high volatility in the USD/JPY pair due to US labor data such as non-farm employment change and unemployment figures. 

Resistance: 144.44; 146.47 

Support: 141.67; 139.58

Why choose MetaTrader 5 with Top Forex Brokers?

✅ Blazing-fast execution & enhanced stability

✅ 38 built-in technical indicators & 21 timeframes for precision trading

✅ Optimized for all devices—desktop, mobile & web

✅ Trade a wide range of assets: Stocks, Commodities, Forex & more!

Top Forex Brokers

https://www.topforexbrokerscomparison.com

. Top Forex Brokers

Top Forex Brokers. Find the Best Forex Brokers.Choose the Top Forex Brokers. Share the latest forex information about top forex brokers. More detail about forex bonus,and maximize your bonus profit. https://www.topforexbrokerscomparison.com

Related Posts

Top Forex Brokers – Forex Weekly news and analysis For March 3 – 9, 2025

Top Forex Brokers – Forex Weekly news and analysis For March 3 – 9, 2025 XAUUSD (Daily) Gold reached a new local minimum and tested the support level of 2852, confirming…

Top Forex Brokers – Forex Weekly news and analysis For February 24 – March 2, 2025

Top Forex Brokers – Forex Weekly news and analysis For February 24 – March 2, 2025 GBPUSD (Daily) GBPUSD rises within a rising wedge, facing the 1.2680 resistance and the 100-MA.…

You Missed

Key Forex Events This Week: March 3 – March 9, 2025

Key Forex Events This Week: March 3 – March 9, 2025

Top Forex Brokers – Forex Weekly news and analysis For March 3 – 9, 2025

Top Forex Brokers – Forex Weekly news and analysis For March 3 – 9, 2025

Key Forex Events This Week: February 24 – March 2, 2025

Key Forex Events This Week: February 24 – March 2, 2025

Top Forex Brokers – Forex Weekly news and analysis For February 24 – March 2, 2025

Top Forex Brokers – Forex Weekly news and analysis For February 24 – March 2, 2025

Can We Make a Living by Forex Trading?

Can We Make a Living by Forex Trading?

Why Most Traders Fail (And How to Avoid It)

Why Most Traders Fail (And How to Avoid It)