Tag: bear
NZD/USD Price Forecast: August 29, 2024
Jennifer -
The NZD/USD currency pair has encountered solid resistance at the $0.6300 level, showing some bearish tendencies. The focus now shifts to finding positive momentum...
Wheat Prices Test Resistance – Forecast for August 28, 2024
Jennifer -
Wheat prices surged yesterday, challenging the resistance level at $532.10 and making attempts to hold above it. Despite this, current technical indicators are showing...
EUR/JPY Begins Downward Trend – Forecast for August 28, 2024
Jennifer -
The EUR/JPY currency pair ended yesterday with a close below the key level of 161.60, reinforcing the previously anticipated bearish trend. The pair is...
Ethereum (ETH/USD) Breaks Key Support – Forecast for August 28, 2024
Jennifer -
Ethereum (ETH/USD) has opened today under significant negative pressure, breaking below the $2,545.00 support level. This move signals a potential decline, with initial targets...
Natural Gas Prices Experience Losses – Forecast for August 28, 2024
Jennifer -
Natural gas prices continue to be under pressure, influenced by negative momentum from key technical indicators and resistance at the $2.250 level. This has...
EUR/CHF Continues Downward Trend – Forecast for August 28, 2024
Jennifer -
The EUR/CHF currency pair has confirmed its adherence to the bearish trend, moving within a defined bearish channel. The price, currently approaching the 0.9495...
Gold Surges Above $2,500: Market Outlook Through the End of 2024
Jennifer -
Gold has achieved a historic milestone by surpassing the $2,500 mark, reflecting a strong upward momentum. This bullish trend is expected to persist, with...
Platinum Price Struggles to Maintain Uptrend: Forecast for August 27, 2024
Jennifer -
Platinum prices reached $980.00 yesterday, approaching the anticipated target, but have since declined, settling below the 55-day moving average (MA55). This shift indicates the...
EURJPY Tests Key Barrier: Forecast for August 27, 2024
Jennifer -
The EURJPY currency pair triggered a bearish signal yesterday, initially reaching the 160.50 level before rebounding to 161.60, where it is currently testing the...
Natural Gas Price Succumbs to Negative Pressures: Forecast for August 27, 2024
Jennifer -
Natural gas prices have confirmed a delay in the anticipated bullish movement, primarily due to the resistance posed by the MA55 moving average at...
GBP/JPY Seeks Breakout: Today’s Forecast – August 26, 2024
Jennifer -
The GBP/JPY currency pair remains in a consolidation phase, trading between the key levels of 189.00 support and 191.90 resistance. As such, the outlook remains...
Ethereum (ETH/USD) Reaches Initial Target: Today’s Forecast – August 26, 2024
Jennifer -
Ethereum (ETH/USD) has achieved its first anticipated target at $2,775, with positive trading activity pushing the price higher. The next key target is set...