Monthly Archives: December, 2023

AUD/USD Resumes Uptrend, Aiming for Extended Targets

The AUD/USD pair is exhibiting renewed positive momentum, successfully reaching the initial extended target at 0.6840. Further upward movement is anticipated, targeting additional gains...

USD/JPY Retests Broken Support, Bearish Trend Intact

The USD/JPY pair is currently undergoing a retest of the previously breached support level at 142.76, maintaining stability below it. This sustains the bearish...

Bitcoin (BTC) Poised for 11% Move Soon, Indicate Skew Analytics

The weekly chart for Bitcoin (BTC) is revealing a compelling technical setup, signaling an imminent significant price movement, according to Skew Analytics. The present...

Ethereum (ETH) Records 85% Growth in 2023, but L1 Scalability Remains a Major Challenge

Ethereum (ETH) has witnessed an impressive 85% surge in market cap during 2023. Despite this substantial growth, it falls slightly behind other major assets...

Crypto Analyst Pentoshi Forecasts Ethereum (ETH) Rally to $3,400 on Anticipation of ETF Approval

The cryptocurrency market is buzzing with optimism as Pentoshi, a renowned crypto analyst, predicts a potential rally for Ethereum (ETH) with a target of...

SoftBank Receives $7.6 Billion T-Mobile Stake Windfall, Shares Surge 5%

SoftBank Group Corp announced a significant windfall, stating it would be granted T-Mobile US shares valued at approximately $7.59 billion with no additional cost....

Australia Stocks Reach New 52-Week High, S&P/ASX 200 Up 0.79%

Australian stocks concluded the trading session on a positive note, with the S&P/ASX 200 rising by 0.79%, reaching a new 52-week high. Gains were...

Japan Stocks Climb, Nikkei 225 Hits 3-Month High

Japanese stocks closed higher on Wednesday, with the Nikkei 225 reaching a new three-month high, driven by notable gains in the Paper & Pulp,...

Gold Prices Hold Steady Amid Anticipation of Early Rate Cuts

In the realm of Asian trade on Wednesday, gold prices maintained a narrow range, propelled by increasing optimism surrounding the potential for early interest...

Is oil actually stored in barrels: A Complete Overview

The image of oil being stored in barrels has become iconic, often conjuring up images of vast warehouses filled with rows upon rows of...

Top 5 oil producing countries: What You Need to Know

The global energy landscape is shaped by the strategic contributions of key players in the oil industry. As the demand for energy continues to...

Why Did Oil Stocks Experience a Drop in Value?

The energy sector, particularly oil stocks, is known for its volatility, often influenced by a myriad of factors ranging from geopolitical events to economic...

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