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Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)

Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...

EURJPY Hits Correctional Target – Forecast for Today (18-12-2024)

The EURJPY pair has experienced a clear negative move after touching the 162.40 resistance level, successfully surpassing the first correctional target at 161.10. The...

EURJPY Encounters Strong Resistance – Forecast for December 17, 2024

The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This level marks the completion of the previously...

Bitcoin (BTC/USD) Price Forecast – December 16, 2024

Bitcoin (BTC/USD) has opened today with a strong upward move, surpassing our initial target at $104,060 and reaching the second target at $106,000. We...

EUR/JPY Forecast – December 16, 2024

The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching 161.98 and approaching the resistance line of...

EUR/USD Forecast – December 16, 2024

The EUR/USD pair is currently displaying a slight bearish bias, with stochastic indicators in the overbought zone. This may prompt further price declines throughout...

GBP/USD Forecast – December 16, 2024

The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend forecast remains in place for the day,...

Gold Price Forecast – December 16, 2024

Gold prices have shown limited movement so far today, with a potential for slight bullish bias due to the current positive momentum from stochastic...

Silver Price Forecast – December 16, 2024

Silver prices are currently testing the key resistance level at $30.63, which warrants caution for upcoming trading. To maintain the bearish outlook, the price...

Crude Oil Price Forecast – December 16, 2024

Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...

Brent Oil Price Forecast – December 16, 2024

Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...

Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns

Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...

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