Yearly Archives: 2024

Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024

Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...

Bitcoin Price (BTCUSD) Continues to Reach Historical Highs – Forecast for December 17, 2024

Bitcoin (BTCUSD) recorded fresh positive gains yesterday, reaching the $108,000 level, while moving within a minor bullish channel. This strengthens the possibility of further...

EURJPY Encounters Strong Resistance – Forecast for December 17, 2024

The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This level marks the completion of the previously...

CHFJPY Continues to Test Key Resistance Level – Forecast for December 17, 2024

The CHFJPY currency pair has maintained its upward momentum, benefiting from positive signals from the stochastic oscillator. The pair is now pressing against the...

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...

Alibaba to Sell Intime Department Store Chain for $1.3 Billion Loss Amid Restructuring Efforts

Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...

Japan Stocks Lower at Close; Nikkei 225 Down 0.13%

Tokyo, Japan – Japanese stocks ended lower on Tuesday, with the Nikkei 225 slipping by 0.13%, as losses in the Shipbuilding, Warehousing, and Precision...

Brazilian Digital Lender Nubank Invests $150 Million in Tyme Group

Sao Paulo, Brazil – Nubank, the prominent Brazilian digital bank, has announced a significant investment of $150 million in Tyme Group, a fast-growing digital...

Bitcoin (BTC/USD) Price Forecast – December 16, 2024

Bitcoin (BTC/USD) has opened today with a strong upward move, surpassing our initial target at $104,060 and reaching the second target at $106,000. We...

EUR/JPY Forecast – December 16, 2024

The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching 161.98 and approaching the resistance line of...

EUR/USD Forecast – December 16, 2024

The EUR/USD pair is currently displaying a slight bearish bias, with stochastic indicators in the overbought zone. This may prompt further price declines throughout...

GBP/USD Forecast – December 16, 2024

The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend forecast remains in place for the day,...

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