Monthly Archives: December, 2024

Brent Oil Price Posts Intraday Gains, Faces Potential Bearish Pressure: Forecast for December 10, 2024

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

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

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...

EUR/JPY Breaks Resistance, Signals Bullish Trend: Forecast for December 10, 2024

The EUR/JPY currency pair has resumed an upward trajectory, breaking through the resistance level at 159.05. This move has propelled the pair toward 160.00,...

EUR/CHF Remains in Bearish Territory: Forecast for December 10, 2024

The EUR/CHF currency pair continues to exhibit bearish momentum, maintaining its position below the main downward channel's resistance level of 0.9305. This trend suggests...

EURJPY Faces Resistance and Declines – Forecast for 09 December 2024

The EURJPY pair reached its correctional positive target at 159.57 last Friday, but faced strong resistance at this level, resulting in a reversal and...

GBPJPY Continues Negative Trend – Forecast for 09 December 2024

The GBPJPY pair has confirmed its bearish bias with consecutive negative closes below the key resistance at 192.80, along with additional resistance at 192.00....

Platinum Price Begins Decline – Forecast for 09 December 2024

Platinum prices have begun to decline, influenced by negative factors such as persistent stability below the $950.00 resistance level and bearish momentum indicated by...

Copper Price Faces Negative Momentum – Forecast for 09 December 2024

Copper prices have started to exhibit negative momentum, maintaining stability below the $4.2000 resistance level. This reinforces the likelihood of further downward movement, in...

AUDUSD Price Forecast Update – 09 December 2024

The AUDUSD pair is showing strong upward momentum, heading towards a critical resistance level at $0.6470. As noted earlier, for the bearish outlook to...

NZDUSD Price Forecast Update – 09 December 2024

The NZDUSD pair is currently trading with noticeable upward momentum, approaching a critical resistance level at $0.5870. To maintain the expected bearish trend for...

Bitcoin Price (BTCUSD) Forecast Update – 09 December 2024

Bitcoin (BTCUSD) has been trading sideways since the morning, recently testing a crucial support level at $98,330. As noted earlier, a breakdown below this...

Explore more

Read more

With each newly-published article, we explore more of what this planet has to offer us, and what we can offer it.