Bitcoin Price (BTC/USD) Forecast Update – October 17, 2024

The price of Bitcoin (BTC/USD) is currently exhibiting a slight bearish bias, influenced by stochastic negativity. However, there are signs that stochastic is attempting to gain positive momentum, which could help propel the price towards resuming its bullish trend. The next target levels to watch are $70,000.00 and $70,850.00. It's important to note that the continuation of this bullish wave...

CHF/JPY Price Forecast Update – October 17, 2024

The CHF/JPY pair has confirmed the end of its corrective bullish phase, closing consistently below the 174.30 barrier. This has led to the formation...

EUR/USD Price Forecast Update – October 17, 2024

The EUR/USD pair is gradually declining from the $1.0880 level, reinforcing expectations of a continued bearish trend throughout the day. The path appears clear...

GBP/USD Forecast Update – October 17, 2024

The GBP/USD pair remains settled below the $1.3000 level, maintaining a valid and active bearish scenario. This outlook is supported by the EMA50, with...

UK Stocks Hold Steady Ahead of ECB Rate Decision; Rentokil Offsets Ex-Dividend Pressures

UK stock indexes remained stable on Thursday as investors prepared for the European Central Bank's (ECB) interest rate decision. Rentokil's performance helped mitigate losses...

Stocks to Watch on Thursday

1. Taiwan Semiconductor Manufacturing Company (TSM) Direction: 📈 (Up) Details: TSMC, the world's largest contract chip maker, reported record net profit for the last quarter. U.S.-traded...

Nvidia, Chip Stocks Rally After TSMC’s Blowout Earnings

Chip stocks surged on Thursday, buoyed by a stellar earnings report from Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading producer of advanced chips....

European Markets Higher as Banks Lead Gains Ahead of ECB Rate Decision; Nokia Shares Down 4%

European markets opened positively on Thursday morning, with traders keenly awaiting the upcoming monetary policy decision from the European Central Bank (ECB). Here’s a detailed overview of the current market landscape: Market Overview The pan-European Stoxx 600 rose 0.5% around 10:20 a.m. London time, indicating broad-based gains across most sectors and major stock exchanges. Europe’s banking index was a standout performer, climbing...

How to Buy Gold Close to Spot Price?

Investing in gold has long been a strategy for wealth preservation and hedging against inflation. However, many investors are often frustrated by the premiums associated with buying gold, which can significantly increase the overall cost. The spot...

How Much Over Spot Price Should You Pay for Gold?

When considering an investment in gold, one of the primary concerns is the cost associated with purchasing it. Understanding how much over the spot...

What Will Silver Be Worth in 5 Years?

Silver, often regarded as a precious metal and a safe-haven asset, has been a cornerstone of investment portfolios for centuries. Its value is influenced...

What Does Spot Price Mean for Silver?

Silver has long been regarded as a valuable precious metal, sought after not only for its aesthetic appeal in jewelry and decorative items but...

Can I Sell My Silver for Spot Price?

Silver has been a valuable asset for centuries, serving not only as a form of currency but also as an investment and a hedge...

What is a Troy Fine Ounce of Gold?

Gold has held a prominent position in finance and culture for centuries. Its value as a precious metal and a store of wealth has...

How Much Will One Troy Ounce of Gold Be Worth in 2030?

Predicting the future price of gold, particularly the value of one troy ounce, is a complex task influenced by various economic, geopolitical, and market...

How Heavy is 1 oz of Gold?

Understanding the weight of gold is crucial for investors, jewelers, and anyone interested in precious metals. Gold is measured in troy ounces, which differ...

What Does 18K Gold Sell for Per Gram?

Gold has long been regarded as a symbol of wealth, a store of value, and a medium of exchange. Among the various types of...

Soybean Prices Continue Downward Trend: Forecast for October 15, 2024

Soybean prices are experiencing further declines, having reached the extended target of $1,004.00. Market analysts anticipate additional downward movement in the coming sessions, with a primary target set at $984.00. The bearish trend is reinforced by negative pressure from the...

Eni CEO Highlights U.S. Funds’ Confidence in Growth Strategy

Claudio Descalzi, CEO of Eni (ENI.MI), expressed optimism regarding the confidence shown by U.S. investment funds in the company's strategic approach to growth, particularly...

Does OPEC Use Brent or WTI?

The Organization of the Petroleum Exporting Countries (OPEC) plays a crucial role in the global oil market, influencing prices, production levels, and even geopolitical...

What is the CHF Backed By?

The Swiss Franc (CHF) is often regarded as one of the most stable and secure currencies in the world. Its reputation is not only...

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