Tag: bear
EUR/USD Price Forecast Update – December 13, 2024
Jennifer -
The EUR/USD pair remains below the $1.0475 level, showing weak price action since the morning. This confirms the continuation of the bearish trend for...
GBP/USD Forecast Update – December 13, 2024
Jennifer -
The GBP/USD pair continues to display signs of further downside movement, reinforcing expectations for the persistence of the bearish trend throughout the day. The...
Crude Oil Prices Hit Target – Forecast for 12-12-2024
Jennifer -
Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...
Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024
Jennifer -
Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open, setting the stage for potential gains in...
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...