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AUDUSD Price Breaks Support, Negative Trend Expected to Continue – Forecast for Today – 24 December 2024

The AUDUSD price opened lower today, breaking the support line of a bearish flag pattern and attempting to stay below it. This move activates...

NZDUSD Price Trades Within Bearish Pattern – Negative Trend Expected for Today – 24 December 2024

The NZDUSD price continues to trade within a bearish flag pattern, with a key support level at 0.5630. A break below this support would...

Bitcoin Price Confirms Break Below Key Support Level – Bearish Trend Expected – 24 December 2024

Bitcoin (BTCUSD) has confirmed a break below the $95,195.00 level, closing the daily candlestick beneath this critical support, further supporting expectations of continued bearish...

Ethereum Price Tests Resistance, Bearish Trend Predicted – 24 December 2024

Ethereum (ETHUSD) has recently tested the $3425.50 resistance level but has remained below it, indicating potential downside pressure. Negative signals, particularly from the stochastic...

Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024

Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...

AUDCAD Under Negative Pressure – Forecast for December 23, 2024

The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...

Nike Shares Slide as Guidance Flags ‘Severe Issues’; Q2 Results Top Estimates

Nike's stock has been facing turbulence after the company reported fiscal second-quarter earnings that exceeded analysts' expectations, but provided disappointing guidance for the upcoming...

NZD/CAD Price Forecast Update – December 20, 2024

The NZD/CAD currency pair has recently experienced significant negative pressure, resulting in multiple bearish waves and a break below the 0.8145 level, which represents...

EUR/USD Price Forecast Update – December 20, 2024

The EUR/USD currency pair is showing new positive momentum, approaching the 1.0400 level once again. This development warrants caution in the upcoming trades. If...

GBP/USD Forecast Update – December 20, 2024

The GBP/USD currency pair has found solid support at the previously breached resistance of the bearish channel, which suggests the potential for a continuation...

Bitcoin Price Forecast (BTC/USD) Update – December 20, 2024

Bitcoin (BTC) has resumed its downward movement, now testing the $95,195 level. A break below this support could confirm the continuation of the correctional...

Ethereum Price Forecast (ETH/USD) Update – December 20, 2024

Ethereum (ETH) has resumed its downward trend, with the price approaching the key target of $3,222. Analysts anticipate that this level will be breached,...

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