Monthly Archives: December, 2024
CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024
Jennifer -
The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and rising to 0.6236. This move suggests the...
Nippon Life to Acquire Resolution Life in $8.2 Billion Deal to Strengthen U.S. Presence
Jennifer -
Nippon Life Insurance, Japan's largest insurer, has announced plans to acquire the remaining shares it does not already own in Resolution Life Group Holdings...
New Hedge Fund Launches Set to Hit 24-Year Low, Preqin Reports
Jennifer -
The number of new hedge fund launches is expected to reach a 24-year low by the end of 2024, according to hedge fund research...
European Stocks Fall Amid Disappointing Corporate Reports and Inflation Data Wait
Jennifer -
European stocks faced a decline on Wednesday, retreating from multi-week highs as investors reacted to a series of disappointing corporate earnings updates and awaited...
Indonesia’s IDX Composite Index Closes Higher, Gaining 0.37%
Jennifer -
Indonesia's stock market closed on a positive note on Wednesday, with the IDX Composite Index rising 0.37%, reaching a new one-month high. The upward...
USDJPY Price Shows Recovery: Forecast for December 10, 2024
Jennifer -
The USDJPY price experienced a significant upward bounce yesterday, breaching the key resistance level of 150.18 and initiating a bullish wave. A closer analysis...
Gold Price Shows Signs of Recovery: Forecast for December 10, 2024
Jennifer -
Gold prices saw a clear upward movement yesterday, settling above the key bullish trend line. This shift has put an end to the previously...
Silver Price Surpasses Target and Eyes Further Gains: Forecast for December 10, 2024
Jennifer -
Silver prices have surged, surpassing the first target at $31.63 and reaching the second target at $32.20. A closer look at the chart reveals...
Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024
Jennifer -
Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in a bearish bounce. This supports expectations for...
Brent Oil Price Posts Intraday Gains, Faces Potential Bearish Pressure: Forecast for December 10, 2024
Jennifer -
Brent oil prices continued their upward movement yesterday, surpassing the $72.06 level and reaching the $73.00 barrier. However, the 50-period Exponential Moving Average (EMA50)...
Ethereum Price (ETH/USD) Begins Bearish Correction: Forecast for December 10, 2024
Jennifer -
Ethereum (ETH/USD) experienced significant downward pressure on the evening of December 9, breaking below the support line of its bullish channel. This marks the...
GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024
Jennifer -
The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at 190.70. This support, along with positive momentum...
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