Tag: bear
Natural Gas Price Presses on the Moving Average – Forecast for July 2, 2024
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Natural Gas Price Analysis: Expected Scenario: Natural gas price has confirmed its alignment with the correctional bearish trend by closing below the $2.780 barrier, moving towards...
EURJPY Resumes the Rise – Forecast for July 2, 2024
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EURJPY Price Analysis: Expected Scenario: The EURJPY pair has maintained its positive stability, leveraging the 172.80 level as additional support. This stability has allowed the pair...
Platinum Price Is Affected by Indicators’ Contradiction – Forecast for July 2, 2024
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Platinum Price Analysis: Expected Scenario: Platinum price has experienced a setback due to conflicting signals from technical indicators. The stochastic indicator shows negativity, while the MA55...
Copper Price Holds Above Support – Forecast for July 2, 2024
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Copper Price Analysis: Expected Scenario: Copper price has successfully resisted negative pressures and closed positively above the current support level of 4.3500$. This suggests a continuation...
Ethereum Price (ETHUSD) Retests Breached Resistance – July 2, 2024
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Ethereum (ETHUSD) Price Analysis: Ethereum price (ETHUSD) is currently retesting the breached resistance level of a bearish channel visible on the chart. Notably, stochastic indicators...
Platinum Price Needs New Momentum – Forecast for July 1, 2024
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Platinum Price Analysis The platinum price has consolidated near the $983.00 support line, leading to temporary sideways fluctuations. This is attributed to stochastic indicators currently...
Natural Gas Price Postpones Bullish Rally – Forecast for July 1, 2024
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Natural Gas Price Analysis Natural gas prices faced downward pressure recently, driven by stochastic indicators reaching oversold levels. The price slipped below the minor support...
GBPJPY Attacks Resistance – Forecast for July 1, 2024
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GBPJPY Price Analysis The GBPJPY pair reached the initial correctional target at 202.60 last Friday, establishing additional support against bullish attempts and suggesting potential for...
GBPCAD Hits Target – Forecast for July 1, 2024
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GBPCAD Price Analysis The GBPCAD price has recently experienced several bearish waves, successfully achieving the correctional target at 1.7270, which now serves as a strong...
Ethereum (ETHUSD) Price Breaks Resistance – Forecast for July 1, 2024
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Ethereum (ETHUSD) Price Analysis Ethereum's price (ETHUSD) has started the day with a strong bullish rally, successfully breaching the resistance of the bearish channel. This...
What Moves the Price of Gold?
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Gold has been a symbol of wealth and value for centuries, serving as a form of currency, a standard for monetary systems, and a...
AUDCAD Confirms Negativity – June 28, 2024
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AUDCAD Price Analysis The AUDCAD price has recently confirmed its adherence to a correctional bearish bias, marked by multiple closures below the 0.9174 barrier. This...