Tag: bear
EUR/USD Forecast – December 16, 2024
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
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,...