Monthly Archives: December, 2024

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...

Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)

Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...

EURJPY Hits Correctional Target – Forecast for Today (18-12-2024)

The EURJPY pair has experienced a clear negative move after touching the 162.40 resistance level, successfully surpassing the first correctional target at 161.10. The...

GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)

The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...

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...

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