Gold Price Faces Negative Pressure – Market Outlook for 30th December 2024
Gold prices have recently shown slight negative movement, attempting to resume the anticipated bearish trend. The price remains under pressure from the EMA50, suggesting...
Australia’s 2025 Equity Returns: Focus on Earnings, Not Valuations – Macquarie
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Australian equity markets are expected to have a cautious start to 2025, with rising bond yields and ongoing economic uncertainty likely dampening growth in the early part of the year, according to analysts at Macquarie. The analysts highlight that earnings rather than valuation multiples will be the key driver of returns after a strong 2024, which was buoyed by...
U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street
U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses in Apple and Tesla, two of Wall...
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Asia Stocks Gain as South Korea’s KOSPI Rebounds Sharply
Asian stocks were broadly higher on Friday, driven by strong gains in South Korean equities and a rebound in Chinese stocks. The KOSPI index...
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Australia Stocks Close Higher; S&P/ASX 200 Gains 0.60%
Australian stocks ended the trading session higher on Friday, with significant gains in the Gold, Energy, and A-REITs sectors driving the overall market upward....
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Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity, and Computers & Peripherals contributing to the...
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Biden to Block U.S. Steel Sale to Japanese Buyer, Sources Confirm
U.S. President Joe Biden has decided to block Nippon Steel's proposed $14.9-billion acquisition of U.S. Steel, a move that is expected to end the...
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EURJPY Resumes Decline – Forecast for January 3, 2025
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...
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Gold
Gold Price Faces Resistance, Bearish Outlook Persists
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Gold prices have shown some positive movement, nearing the key resistance level of $2640.00. However, technical indicators reveal a shift in momentum, with the stochastic oscillator showing signs of being overbought. This may signal a potential reversal, prompting the price to move lower. The next support level lies at $2600.00, and if the price breaks below this threshold, it could...
Gold Price Faces Resistance, Bearish Outlook Persists
Jennifer -
Gold prices have shown some positive movement, nearing the key resistance level of $2640.00. However, technical indicators reveal a shift in momentum, with the stochastic oscillator showing signs of being overbought. This may signal a potential reversal,...
Gold
Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity typical for the year-end. The precious metal...
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Gold
Gold Price Faces Negative Pressure – Market Outlook for 30th December 2024
Gold prices have recently shown slight negative movement, attempting to resume the anticipated bearish trend. The price remains under pressure from the EMA50, suggesting...
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Gold
Platinum Price Loses Momentum – Market Outlook for December 27, 2024
Platinum prices have lost the positive momentum seen earlier, causing the metal to fluctuate below the $950.00 barrier and move sideways around the $935.00...
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Gold
Gold Price Forecast Update – December 19, 2024
Gold prices have been fluctuating around the $2615.00 mark since this morning, as the market awaits negative momentum to resume the expected bearish trend...
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Gold
Gold Price Breaks Minor Support – Forecast for Today (18-12-2024)
Gold prices have broken the intraday bullish trend line and settled below it, reinforcing expectations for the continuation of the bearish trend on an...
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Gold
Gold Prices Hold Steady Ahead of Key Central Bank Meetings
Gold prices saw little movement in Asian trading on Tuesday, with investors adopting a cautious stance ahead of a series of crucial central bank...
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Gold
Gold Price Forecast – December 16, 2024
Gold prices have shown limited movement so far today, with a potential for slight bullish bias due to the current positive momentum from stochastic...
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Gold
Silver Price Forecast – December 16, 2024
Silver prices are currently testing the key resistance level at $30.63, which warrants caution for upcoming trading. To maintain the bearish outlook, the price...
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Latest
Crude Oil Price Breaches Key Resistance – Market Outlook for 30th December 2024
Crude oil prices have opened today with strong bullish momentum, successfully breaking above the key resistance level at $70.58. This breach suggests the activation of a bullish trend on the intraday chart, with the next target at the $72.15...
Latest
Asia Stocks Gain as South Korea’s KOSPI Rebounds Sharply
Asian stocks were broadly higher on Friday, driven by strong gains in South Korean equities and a rebound in Chinese stocks. The KOSPI index...
Market
Australia Stocks Close Higher; S&P/ASX 200 Gains 0.60%
Australian stocks ended the trading session higher on Friday, with significant gains in the Gold, Energy, and A-REITs sectors driving the overall market upward....
Crypto
Ethereum Price (ETHUSD) Tests Key Resistance Level – Market Outlook for 30th December 2024
Ethereum (ETHUSD) has been trading sideways in recent sessions, currently testing the critical resistance level at $3425.50. This resistance is strengthened by the positive...