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EURGBP Shows Positive Momentum Above Moving Average – Forecast for August 20, 2024

The EURGBP exchange rate has recently experienced significant negative pressure, which has led to a temporary halt in its bullish momentum and the formation...

EURJPY Loses Positive Momentum – Forecast for August 19, 2024

The EURJPY pair has lost its positive momentum after reaching the 183.90 level. The loss of momentum is attributed to stochastic indicators moving out...

Coffee Price Remains Bullish – August 16, 2024 Forecast

The coffee market experienced a brief corrective bearish wave recently due to negative pressures, as indicated by the stochastic oscillator dropping below the 50...

‘Dr. Doom’ Launches ETF Based on His Gloomy Economic Outlook

Nouriel Roubini, famously known as "Dr. Doom" for his prescient warnings about the 2008 global financial crisis, is taking his dire economic forecasts into...

Oil Prices Steady as Economic Fears Outweigh Geopolitics

Oil prices remained relatively stable, with Brent crude North Sea oil slightly up by USD 0.15 to USD 79.91/bbl, and WTI rising by USD...

EUR/GBP Tests Support Level – Forecast for August 14, 2024

The EUR/GBP pair has recently experienced a corrective bearish pullback, testing the 0.8532 support line and stabilizing above it, which sets the stage for...

Hedge Funds Execute Largest Sell-Off of Japanese Stocks in Over Five Years: Goldman Sachs

Hedge funds engaged in their most aggressive sell-off of Japanese stocks in over five years during last week’s market downturn, according to a recent...

What Makes XAUUSD Move?

XAUUSD is a commonly used symbol in the foreign exchange (forex) market representing the exchange rate between gold (XAU) and the U.S. dollar (USD)....

Is USDCHF Bullish or Bearish?

The USDCHF currency pair represents the exchange rate between the US Dollar (USD) and the Swiss Franc (CHF). It is a significant pair in...

Intensifying Yen Rally Sinks Japan Stocks, Rattles Global Markets

Tokyo — Japan’s financial markets have been rocked as the yen surged sharply against the dollar and stocks plunged into a bear market. The...

AUD/CAD Continues Downward Trend: Forecast for August 1, 2024

The AUD/CAD currency pair remains under bearish pressure, as evidenced by recent trading activity. The pair has consistently closed below the 0.9082 mark, indicating...

Bitcoin Price Falls to $63k as Fed Rate Cut Talk Sparks Stock Rally

Bitcoin experienced a decline on Thursday, dropping to $63,599.5 earlier in the day before stabilizing around $64,256.2 by 02:01 ET, representing a 2.9% drop...

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