Tag: bear
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
Jennifer -
UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
NZD/USD Price Forecast Update: January 14, 2025
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The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...
EURJPY Resumes Decline – Forecast for January 3, 2025
Jennifer -
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...
Gold Price Faces Resistance, Bearish Outlook Persists
Jennifer -
Gold prices have shown some positive movement, nearing the key resistance level of $2640.00. However, technical indicators reveal a shift in momentum, with the...
Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
Jennifer -
Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity typical for the year-end. The precious metal...
Gold Price Faces Negative Pressure – Market Outlook for 30th December 2024
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Gold prices have recently shown slight negative movement, attempting to resume the anticipated bearish trend. The price remains under pressure from the EMA50, suggesting...
Bitcoin Price (BTCUSD) Confirms Break Below Key Support – Market Outlook for 30th December 2024
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Bitcoin (BTCUSD) has successfully broken below the key support level at $95,195, closing the previous daily candle below it. This confirms the continuation of...
Ethereum Price (ETHUSD) Tests Key Resistance Level – Market Outlook for 30th December 2024
Jennifer -
Ethereum (ETHUSD) has been trading sideways in recent sessions, currently testing the critical resistance level at $3425.50. This resistance is strengthened by the positive...
Ethereum Price (ETHUSD) Faces Negative Pressure – Market Outlook for December 27, 2024
Jennifer -
Ethereum's price (ETHUSD) remains under negative pressure, settling below the $3425.50 level, and is currently facing resistance from the EMA50. This suggests that further...
CADCHF Remains Bearish – Market Outlook for December 27, 2024
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The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations around the 0.6250 mark. This brief uptick...
Indonesia Stocks Lower at Close of Trade; IDX Composite Index Down 0.43%
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Indonesia's stock market closed lower on Wednesday, with the IDX Composite Index falling by 0.43%, as a broad-based decline in the Financials, Agriculture, and...
Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024
Jennifer -
Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...