Yearly Archives: 2024

New Hedge Fund Launches Set to Hit 24-Year Low, Preqin Reports

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

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%

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

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

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

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

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

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...

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