Tag: bear
Bitcoin Price (BTCUSD) Attempts Recovery – Forecast for 11-12-2024
Jennifer -
Bitcoin (BTCUSD) continued its decline yesterday, approaching the target of $93,405. Currently, the cryptocurrency is showing a bullish bias as it tests the EMA50,...
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...
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...
EUR/CHF Remains in Bearish Territory: Forecast for December 10, 2024
Jennifer -
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...
GBPJPY Continues Negative Trend – Forecast for 09 December 2024
Jennifer -
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
Jennifer -
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...
AUDUSD Price Forecast Update – 09 December 2024
Jennifer -
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
Jennifer -
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
Jennifer -
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...
Ethereum Price (ETHUSD) Forecast Update – 09-12-2024
Jennifer -
Ethereum (ETH) is currently facing some bearish pressure, with its price attempting to break below the minor bearish channel's support line. A test of...