Monthly Archives: December, 2024

Ethereum Price Tests Resistance, Bearish Trend Predicted – 24 December 2024

Ethereum (ETHUSD) has recently tested the $3425.50 resistance level but has remained below it, indicating potential downside pressure. Negative signals, particularly from the stochastic...

Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024

Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...

Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024

Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...

GBPJPY Remains Bullish – Forecast for December 23, 2024

The GBPJPY currency pair has confirmed its continued bullish momentum, closing above the 195.85 level, which now serves as a support zone for further...

EURJPY Poised for Further Upside – Forecast for December 23, 2024

The EURJPY currency pair has shown limited movement since Friday, with price action largely fluctuating sideways around the 163.40 level. Despite this consolidation, it...

AUDCAD Under Negative Pressure – Forecast for December 23, 2024

The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...

Aviva to Acquire Direct Line in £3.7 Billion Deal

Aviva (LON: AV) announced on Monday that it has entered into a definitive agreement to acquire Direct Line Insurance Group (LON: DLGD) in a...

Indonesia Stocks Higher at Close of Trade; IDX Composite Index Up 0.39%

Indonesia's stock market closed higher on Friday, with gains in the Financials, Infrastructure, and Agriculture sectors driving the overall rise in the IDX Composite...

Aussie Bourse Operator ASX to Defer Settlements After CHESS Software Outage

Australian Securities Exchange (ASX) has announced that it will defer the settlement of trades from Friday to Monday due to a significant malfunction in...

Nike Shares Slide as Guidance Flags ‘Severe Issues’; Q2 Results Top Estimates

Nike's stock has been facing turbulence after the company reported fiscal second-quarter earnings that exceeded analysts' expectations, but provided disappointing guidance for the upcoming...

European Stocks Drop Following Hawkish Fed Signals

European stocks experienced a sharp decline on Thursday, heading for their largest percentage drop in five weeks, as investors pulled out of riskier assets,...

Micron Shares Fall After Missed Q2 Forecast

Micron Technology Inc. (NASDAQ: MU) shares took a sharp dive, falling 14% in extended trading on Wednesday after the company issued a second-quarter guidance...

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